MRPRF - Merlin And Colonial: 2 Vivid Birds At The Spanish REIT Market March, 16 2022 12:03 PM Merlin Properties Socimi SA Spanish public real estate market is undervalued in 2022. Merlin Properties is the main driver of the local market. Colonial is an opportunity to add a pure-play Office player. For further details see: Merlin And Colonial: 2 Vivid Birds At The Spanish REIT Market