Mercialys
Description Mercialys S.A. owns and manages shopping centers and self-service restaurants in France. The company leases its space primarily to national banners, chain stores, or franchises, as well as to independent retailers. It also focuses on asset management, marketing, and shopping centre management activities. The companys property portfolio consisted of 120 locations, including regional shopping centers, neighborhood shopping centers, specialized stores, and independent cafeterias, as well as assets under development and other properties. It manages 120 locations totaling a gross leasable area of 714,500 square meters. Mercialys S.A. has been elected for the Sociétés dInvestissements Immobiliers Cotées (SIIC - Real Estate Investment Trust) tax regime. As a SIIC, its rental revenues and capital gains on property assets are exempt from tax provided that at least 85% of net income from rental activities and 50% of gains on the disposal of real estate assets are distributed to shareholders. The company is headquartered in Paris, France. To view the detailed information, you need to SUBSCRIBE with us. |
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