MERLIN Properties is trading at €11.34, down 4.38%, as renewed global risk aversion followed U.S. September inflation exceeding forecasts, lifting rate concerns and pressuring equities.
- Asian markets also sold off sharply on October 15.
- No clear company-specific negative catalyst was found; Jefferies upgraded Merlin to Buy on October 14.
- The cited report notes higher-for-longer rates remain a risk for European real estate valuations.