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Mercialys: Sale of Four Hypermarkets to Club Deal for €117.5 Million

Jul 02, 2024almost 2 years ago

Contract Type

partnership

ParisReal EstateReal Estate InvestmentCommercial Real Estate

Description

Mercialys has announced the sale of four hypermarkets to a club deal formed by Foncière Magellan, MTV Capital, and Ciméa Patrimoine. The transaction represents a total net sales price of €117.5 million, strengthening Mercialys' financial position and providing resources for future growth strategy.

Company Information

Company

Hyperthétis Participations

Location

Paris, Ile De France, France

About

Hyperthétis Participations is a company holding a portfolio of retail spaces. It focuses on properties that are fully let or in the process of being relet. The company manages significant assets across various locations. It was previously fully consolidated in Mercialys’ financial statements.

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