MRM : MRM invests in Aria Parc in Allonnes
July 10 2017 - 1:30AM
Press release
MRM invests in Aria
Parc in Allonnes:
The group becomes
the sole owner of the retail park by acquiring a retail unit, and
plans a 2,300sqm extension.
Paris, 10 July
2017: MRM (Euronext, ISIN FR0000060196), a real estate
investment company specialising in retail and office property,
today announced two transactions strengthening its interest in the
Aria Parc retail park in Allonnes (Sarthe department) and
contributing to its development:
-
MRM has acquired the last remaining retail unit
it did not already own in the retail park. The 1,500sqm unit was
leased in early January 2017 to Basic-Fit, the European leading
fitness chain, for a term of 10 years including a 9-year firm
period. The acquisition price was €1.8 million excluding
transfer duties.
-
MRM has signed a lease with a furniture and home
decor chain for a new 3,300sqm unit in the retail park, which will
be achieved through a 2,300sqm projected extension to a currently
vacant 1,000sqm unit.
The two transactions will increase
the retail area owned by MRM at the Allonnes retail park from
9,000sqm to 12,800sqm, the group being the sole owner of the entire
park. This is in line with MRM strategy to refocus on retail
property and to enhance the value of its shopping centres through
an ambitious investment plan, and to make opportunistic
acquisitions.
MRM has brought in house the asset
management function for its shopping centres since mid-2015. For
these latest transactions, it was advised by Accessite and notary
firm Lasaygues & Associés.
Calendar
Revenues for the second quarter of
2017 and first-half 2017 results are due on 28 July 2017 before
market opening and will be presented during an information meeting
to be held on the same day.
About MRM
MRM is a listed real estate
company with a portfolio worth €197.8 million (excluding transfer
taxes) as at 31 December 2016, comprising retail properties (77%)
and offices (23%). Since 29 May 2013, SCOR SE has been MRM's main
shareholder, holding a 59.9% stake. MRM is listed in compartment C
of NYSE Euronext Paris (ISIN: FR0000060196 - Bloomberg code:
MRM:FP - Reuters code: MRM.PA). MRM opted for SIIC status on 1
January 2008.
For more information:
MRM
5, avenue Kléber
75795 Paris Cedex 16
France
T +33 (0)1 58 44 70 00
relation_finances@mrminvest.com |
Isabelle
Laurent, DDB Financial
146, rue du Faubourg Poissonnière
75010 Paris
France
T +33 (0)1 53 32 61 51
isabelle.laurent@ddbfinancial.fr |
Website: www.mrminvest.com
Download the press
release
This
announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the
information contained therein.
Source: MRM via Globenewswire
MRM (EU:MRM)
Historical Stock Chart
From Jun 2024 to Jul 2024
MRM (EU:MRM)
Historical Stock Chart
From Jul 2023 to Jul 2024