Mercialys : Headed for a decline in the vacancy rate out to end-2021 and a normalisation in 2022
>A message intended to be reassuring on H2 2021 - We accompanied Vincent Ravat (CEO) and Elizabeth Blaise (deputy CEO) for a road show in Paris on 9 September (see detailed feedback on following pages), at which the two managers were broadly reassuring on the year-end outlook for their 100% French portfolio:Footfall: management noted, excluding the temporary impact of the COVID pass mainly on August, the very high appeal of physical stores for consumers, indicati...Mercialys is a real estate company, specialized in the transformation and management of shopping centers. Co. manages a portfolio of 91 properties located throughout France at Dec 31, 2013. Co.'s assets are classified into three categories: large regional shopping centers (GLA of over 365,800 sq. m.), neighborhood shopping centers (GLA of over 181,600 sq. m.), and Other assets (40,900 sq. m.). At Dec. 31, 2013, the portfolio comprised 25 large regional shopping centers, 36 neighborhood shopping centers, and 18 other sites such as food stores, specialty stores, independent cafeterias, service malls, and convenience stores, representing a total gross leasable area of about 588,300 sq. m.
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