Mercialys REIT S.A. | REIT Profile

Symbol: MERY
Exchange: EPA
Founded: 2005 (19 years)
HQ: Paris, France
Type of REIT: Equity REIT
Listing Status: Public
Market Capitalization: Small-Cap
REIT Sector: Retail

See MERY on Yahoo Finance

Mercialys is one of the top real estate companies in France and Europe, specializing in the enhancement, transformation and promotion of shopping centers. Mercialys owns a real estate portfolio of 58 sites, with more than 870,000 sq.m of retail space throughout France. The company develops a global vision for its sites so they can constantly evolve, anticipating changes in consumer buying behavior. It is rolling out an ambitious development strategy around three key areas: deploying precision merchandising, with an approach tailored to the specific features of each catchment area, setting up service platforms in line with customers' needs under one dedicated cross-business identity G La Galerie, and adopting a modular layout design for centers, opening up opportunities for new forms of retail. As outstanding partners for day-to-day life, its shopping centers are focused on proximity, innovation and local engagement, on a human scale. They represent a different way of looking at retail, with agility and pragmatism, creating value for all the stakeholders involved.