Spain's Merlin Properties debuts unchanged from placement price

MADRID, June 30 Mon Jun 30, 2014 6:07am EDT

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MADRID, June 30 (Reuters) - Spanish real estate investment trust Merlin Properties debuted on Spain's stock exchange on Monday unchanged from its placement price of 10 euros ($13.64) per share.

Merlin is the fifth property fund to list in Spain this year. ($1 = 0.7331 Euros) (Reporting by Paul Day; Editing by Julien Toyer)