Mercialys : Q1 2021 publication in line, reflecting the continuing normalisation
>The operating performance is normalising after the pandemic crisis - Rental income billed by Mercialys in Q1 2022 came to € 43.6m (+2.4% y-o-y at current scope and vs € 42.4m est.), up 4.8% at constant scope. Excluding the base effects due to a differential of +2.4% of assets relative to the first lockdown in 2020, adjusted organic growth stood at +2.4% y-o-y. These results reflect the continuing normalisation in activity at Mercialys’ shopping centres after the pand...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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