Mercialys: A cquisition of the remaining 49% stake in Hyperthétis Participations for €28 million, owner of 66,000 sqm of gross leasable area
Mercialys (Paris:MERY) has completed the acquisition of the remaining 49% stake it did not already own in Hyperthétis Participations, a company holding a portfolio of 66,000 sqm of gross leasable area (GLA).
These assets, located across five sites in Angers, Brest, Niort, Narbonne and Le Puy, are fully let or in the process of being relet. They host leading food retail brands such as Auchan, Leclerc, Grand Frais, Lidl, and Carrefour, alongside prominent non-food retailers.
This transaction, representing a total investment of €28 million, enables Mercialys to achieve full real estate control over these sites. It also delivers an immediately accretive return, well above the Company's usual investment criteria.
Previously, Hyperthétis Participations was fully consolidated in Mercialys' financial statements. The main accounting impact of this acquisition will be the elimination of minority interests from the income statement.
As part of this transaction, Mercialys was advised by Forvis Mazars on accounting matters and by Archers on legal aspects.
* * *
This press release is available on www.mercialys.com.
A presentation of these results is also available online, in the following section:
Investors / News and press releases / Financial press releases
About Mercialys
Mercialys is one of France's leading real estate companies. It is specialized in the holding, management and transformation of retail spaces, anticipating consumer trends, on its own behalf and for third parties. At December 31, 2024, Mercialys had a real estate portfolio valued at Euro 2.8 billion (including transfer taxes). Its portfolio of 1,927 leases represents an annualized rental base of Euro 169.2 million. Mercialys has been listed on the stock market since October 12, 2005 (ticker: MERY) and has 'SIIC' real estate investment trust (REIT) tax status. Part of the SBF 120 and Euronext Paris Compartment A, it had 93,886,501 shares outstanding at December 31, 2024.
IMPORTANT INFORMATION
This press release contains certain forward-looking statements regarding future events, trends, projects or targets. These forward-looking statements are subject to identified and unidentified risks and uncertainties that could cause actual results to differ materially from the results anticipated in the forward-looking statements. Please refer to Mercialys' Universal Registration Document available at www.mercialys.com for the year ended December 31, 2024 for more details regarding certain factors, risks and uncertainties that could affect Mercialys' business. Mercialys makes no undertaking in any form to publish updates or adjustments to these forward-looking statements, nor to report new information, new future events or any other circumstances that might cause these statements to be revised.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Bloomberg
a day ago
- Bloomberg
It Will Take More Than Trump to Make the Euro Shine
Europe's Policymakers have confronted a lot of surprises since Donald Trump's return to the White House. One of the biggest: the prospect of the euro rivaling the mighty US dollar. As investors reel from the trade jolts emanating from Washington, the value of the euro has surged. A group of emboldened policymakers is now cheerleading for the single currency to become a serious alternative to the greenback as a cornerstone of the global financial system. In May, Christine Lagarde, president of the European Central Bank, declared that uncertainties about the dollar's role 'create the opening for a 'global euro moment.' '
Yahoo
2 days ago
- Yahoo
Is August the worst month to invest in European stocks?
European equities have entered what is historically the most challenging stretch of the calendar year, as August and September consistently deliver the weakest returns for the region's stock markets. Following a strong first half in 2025 and a slightly positive July, history suggests that the summer momentum in European equities often loses steam as August arrives. The month is typically defined by thinner trading volumes, greater market sensitivity to economic and geopolitical headlines, and a consistent pattern of higher volatility. August: The weakest month for European indices Analysis of the past three decades reveals a clear seasonal downturn in August. The EURO STOXX 50, Europe's blue-chip benchmark, has averaged a 1.66% decline during the month over the past 30 years, making it the worst-performing month of the year. It has ended August in positive territory only 43% of the time, and the broader STOXX Europe 600 tells a similar story. Over the past 24 years, this index has fallen by an average 0.7% in August, also with a 43% winning ratio. The most brutal August came in 1998, when the EURO STOXX 50 plunged 14.4%, followed closely by 2001's 13.79% loss. Country indices echo August's negative trend Zooming in on national markets, the pattern of August weakness is equally pronounced. This period is the weakest month for Germany's DAX, which posts an average decline of 2.2% and finishes in positive territory just 47% of the time. In France, the CAC 40 drops by 1.47% on average in August, narrowly ahead of September's 1.49% average fall, and sees only a 37% winning rate. Italy's FTSE MIB and Spain's IBEX 35 also see the negative sign, logging average August losses of 0.7% and 0.9%, respectively. German stocks: Some of the weakest August seasonality A group of Germany's blue chips consistently show downward August bias, with some of them marking it as their worst month of the year, both in terms of returns and win probability. According to TradingView data, some of the hardest-hit stocks include: • Thyssenkrupp AG leads the decline, tumbling an average 4.6% in August with a win rate of just 30%, meaning it has posted gains in only 9 of the past 30 years. • BMW AG averages a 4.1% loss in August with just a 37% win rate. Volkswagen AG, meanwhile, falls 3.3% and ends the month higher only 27% of the time — proof that even automakers aren't spared from late-summer volatility. • Deutsche Bank AG, Germany's largest lender, averages a 3.47% drop in August and matches Thyssenkrupp's 30% win ratio. • Utility giant SE and industrial titan Siemens AG also feel the seasonal drag, both slipping by nearly 2%, with win rates of 37% and 40%, respectively. • Deutsche Börse AG, operator of Germany's stock exchange, and consumer goods firm Beiersdorf AG both see their weakest performance in August, falling 1.72% and 1.66% on average, with win rates of 48% and 39%, respectively. Bottom line: August's seasonal slump hard to ignore With the EURO STOXX 50 and STOXX 600 up 8% and 7%, respectively, European equities have delivered a solid year-to-date performance. Much of this rebound has come on the back of a strong recovery from April's tariff-induced downturn, mirroring a broader global equity upswing. But history warns that August marks a persistent seasonal soft spot — particularly for Germany's corporate heavyweights, which tend to underperform more than their European peers. From broad indices to blue-chip stocks, the month shows a consistent pattern of lower returns, thinner liquidity, and heightened vulnerability to negative news flow. While no seasonal trend guarantees future performance, August remains, by many measures, the most challenging month for European investors. Sign in to access your portfolio
Yahoo
4 days ago
- Yahoo
Is August the worst month to invest in European stocks?
European equities have entered what is historically the most challenging stretch of the calendar year, as August and September consistently deliver the weakest returns for the region's stock markets. Following a strong first half in 2025 and a slightly positive July, history suggests that the summer momentum in European equities often loses steam as August arrives. The month is typically defined by thinner trading volumes, greater market sensitivity to economic and geopolitical headlines, and a consistent pattern of higher volatility. August: The weakest month for European indices Analysis of the past three decades reveals a clear seasonal downturn in August. The EURO STOXX 50, Europe's blue-chip benchmark, has averaged a 1.66% decline during the month over the past 30 years, making it the worst-performing month of the year. It has ended August in positive territory only 43% of the time, and the broader STOXX Europe 600 tells a similar story. Over the past 24 years, this index has fallen by an average 0.7% in August, also with a 43% winning ratio. The most brutal August came in 1998, when the EURO STOXX 50 plunged 14.4%, followed closely by 2001's 13.79% loss. Country indices echo August's negative trend Zooming in on national markets, the pattern of August weakness is equally pronounced. This period is the weakest month for Germany's DAX, which posts an average decline of 2.2% and finishes in positive territory just 47% of the time. In France, the CAC 40 drops by 1.47% on average in August, narrowly ahead of September's 1.49% average fall, and sees only a 37% winning rate. Italy's FTSE MIB and Spain's IBEX 35 also see the negative sign, logging average August losses of 0.7% and 0.9%, respectively. German stocks: Some of the weakest August seasonality A group of Germany's blue chips consistently show downward August bias, with some of them marking it as their worst month of the year, both in terms of returns and win probability. According to TradingView data, some of the hardest-hit stocks include: • Thyssenkrupp AG leads the decline, tumbling an average 4.6% in August with a win rate of just 30%, meaning it has posted gains in only 9 of the past 30 years. • BMW AG averages a 4.1% loss in August with just a 37% win rate. Volkswagen AG, meanwhile, falls 3.3% and ends the month higher only 27% of the time — proof that even automakers aren't spared from late-summer volatility. • Deutsche Bank AG, Germany's largest lender, averages a 3.47% drop in August and matches Thyssenkrupp's 30% win ratio. • Utility giant SE and industrial titan Siemens AG also feel the seasonal drag, both slipping by nearly 2%, with win rates of 37% and 40%, respectively. • Deutsche Börse AG, operator of Germany's stock exchange, and consumer goods firm Beiersdorf AG both see their weakest performance in August, falling 1.72% and 1.66% on average, with win rates of 48% and 39%, respectively. Bottom line: August's seasonal slump hard to ignore With the EURO STOXX 50 and STOXX 600 up 8% and 7%, respectively, European equities have delivered a solid year-to-date performance. Much of this rebound has come on the back of a strong recovery from April's tariff-induced downturn, mirroring a broader global equity upswing. But history warns that August marks a persistent seasonal soft spot — particularly for Germany's corporate heavyweights, which tend to underperform more than their European peers. From broad indices to blue-chip stocks, the month shows a consistent pattern of lower returns, thinner liquidity, and heightened vulnerability to negative news flow. While no seasonal trend guarantees future performance, August remains, by many measures, the most challenging month for European investors. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
