Breaking News

Mercialys: Disposal of Two Buying Facilities in Marseille

PARIS–(Business WIRE)–Regulatory News:

On December 20, 2022, Mercialys (Paris:MERY) accomplished the sale of the Marseille Sainte-Anne and Marseille Croix-Rouge procuring centers to a non-public trader, for a mixed total of Euro 10.1 million which includes transfer taxes, in line with their June 30, 2022 appraisal values.

These two regional retail websites, representing a merged place of 2,700 sq.m, include a whole of 25 retailers and are anchored with foods outlets operated by the Casino group below the Casino Supermarché and Hyper On line casino banners. These food items merchants ended up not owned by Mercialys and are not portion of the scope for this transaction.

Mercialys is continuing to shift forward with its asset rotation plan, divesting searching facilities with a limited measurement across its portfolio and on which it has carried out comprehensive work to extract their rental reversion prospective.

Mercialys however has a quite solid presence in the Marseille location with major websites, this sort of as the La Valentine purchasing heart in Marseille, the Barnéoud middle in Approach de Campagne and the Jas-de-Bouffan center in Aix-en-Provence.

On this operation, Mercialys was supported by the notary’s business LBMB. Chapter 1 Funds and ROPCO also acted as advisors on the transaction.

* * *

This press release is offered on

About Mercialys

Mercialys is one particular of France’s main authentic estate providers. It is specialized in the keeping, administration and transformation of retail spaces, anticipating customer trends, on its own behalf and for third functions. At June 30, 2022, Mercialys had a serious estate portfolio valued at Euro 3.1 billion (together with transfer taxes). Its portfolio of 2,130 leases signifies an annualized rental base of Euro 168.8 million. Mercialys has been detailed on the stock industry considering that October 12, 2005 (ticker: MERY) and has “SIIC” actual estate expenditure have faith in (REIT) tax standing. Section of the SBF 120 and Euronext Paris Compartment B, it experienced 93,886,501 shares superb at June 30, 2022.

Significant Info

This push release includes selected forward-wanting statements pertaining to long term functions, traits, projects or targets. These ahead-looking statements are matter to discovered and unknown hazards and uncertainties that could bring about real effects to vary materially from the success predicted in the ahead-wanting statements. Remember to refer to Mercialys’ Common Registration Document accessible at for the calendar year finished December 31, 2021 for more details about sure things, dangers and uncertainties that could have an impact on Mercialys’ small business. Mercialys would make no undertaking in any form to publish updates or adjustments to these forward-looking statements, nor to report new facts, new future gatherings or any other circumstances that might cause these statements to be revised.