Business Immo, the real estate website

Mercialys

Retail 16/11/2021

"Value creation remains our obsession"

Business Immo: What does Casino Immobilier look like today?   Nicolas Joly: 2021 marks the beginning of a new cycle for Groupe Casino's real estate (...)

Listed 13/04/2021

An economic rebound detrimental to listed real estate companies

Like most real estate markets around the world, European listed real estate companies have had a mountainous year due to the Covid-19 pandemic. As (...)

Retail 10/02/2021

Retail space openings in French malls fall by -49% in 2020 — C&W

As 2020 ended against a backdrop of recession (-9% for the GDP), a decline conditioned by the consequences of the Covid-19 on the country's (...)

Retail 11/01/2021

French retail REIT/SIIC Mercialys completes various sales with Amundi Immobilier for a net total €120m

As part of a partnership launched in 2013 between French retail REIT/SIIC Mercialys and investment manager Amundi Immobilier, through SCI AMR, Mercialys sold on (...)

Retail 21/04/2020

Mercialys shows a 3% increase in rents in the first quarter 2020

French retail REIT/SIIC Mercialys has announced a slight increase in rents in Q1 2020. With an organic growth rate of +3.1%, including a +1.9% effect (...)

Retail 10/03/2020

Dutch Wereldhave prepares its exit from France

After conducting a thorough evaluation of its portfolio, Dutch shopping centre group Wereldhave decided to transform its shopping centres into "Full Service Centres", mixed-use (...)

Retail 01/10/2018

French Casino signs €565m deal to sell 55 Monoprix supermarkets

Listed French supermarket giant Casino has signed an agreement to sell 55 Monoprix real estate assets, of which 19 in the Paris region, for €565m. It (...)

Listed 26/07/2018

French retailer Casino sells 15% of Mercialys unit for €213m

French supermarket chain Casino, under pressure to reduce debt, has raised €213m by selling 15% of listed unit Mercialys via an equity swap with (...)

Retail 12/06/2018

French retailer Casino targets €1.5bn asset disposals, including real estate

French supermarket chain Casino is to sell off €1.5bn of non-core assets, including real estate, with a view to reducing debt and focusing on the digital (...)

Finance 16/02/2018

French Mercialys retail REIT posts unchanged €114m 2017 FFO, NAV at €20.86 shr

French retail REIT/SIIC Mercialys, an affliate of the Casino supermarket group, reported 2017 FFO unchanged from 2016 at an adjusted €114m, though its EPRA NAV rose nearly 1% to (...)