Mercialys Acquires Remaining Stake in Hyperthétis for €28 Million

Mercialys, a prominent French real estate company, has finalized the purchase of the remaining 49% stake in Hyperthétis Participations for €28 million. This acquisition grants Mercialys complete ownership over 66,000 sqm of gross leasable area across Angers, Brest, Niort, Narbonne, and Le Puy.

The sites, featuring leading retailers such as Auchan, Leclerc, and Carrefour, are fully leased or in the process of being relet. The investment is expected to yield an immediate accretive return, surpassing typical company investment benchmarks. Previously consolidated in Mercialys' financial statements, this will now eliminate minority interests from the income statement.

Professional services from Forvis Mazars and Archers supported the transaction in accounting and legal matters, respectively.