Mercialys Further Strengthens Its Governance and Management Structure
September 23 2024 - 1:00PM
Business Wire
Regulatory News:
Mercialys (Paris:MERY), the leading REIT for accessible retail,
has seen a number of major developments in the last few years:
diversifying its activities, expanding its portfolio, launching
major urban requalification projects, and rolling out a deep
transformation of the offering at its sites, with a multi-food
anchor approach now in place that is groundbreaking in its
sector.
To optimize the management of this strategy to support a roadmap
for sustained growth and returns, Mercialys has further
strengthened its expertise and adapted its governance by setting up
an Executive Committee. Around Vincent Ravat, Chief
Executive Officer, this Committee includes: Elizabeth
Blaise, Deputy Chief Executive Officer, corporate officer,
specifically in charge of financial affairs, CSR and group legal
functions; Philippine de Bruyn, Deputy Managing Director, in
charge of the portfolio and development, overseeing asset
management, marketing and the management of retail and mixed-use
projects, as well as all the Company’s activities in the Indian
Ocean region; Fabrice Haurani, Deputy Managing Director in
charge of investments, disposals and the management of the
Company’s equity interests; Stéphane Girard, Director of
Operations and External Relations, in charge of corporate
communications and the B to C marketing and operations departments;
Camille Morel, Human Resources Director, who has joined the
Group after more than 10 years at various levels of HR
responsibilities with Unibail-Rodamco-Westfield. In addition,
Irving Gauthier, Chief Financial Officer, will take part in
the Executive Committee’s meetings as its Secretary, liaising with
the Management Committee. This body, which includes key staff
responsible for the Company’s core functions, ensures the
operational mobilization of the various teams.
“Faced with the transformation of the retail landscape, real
estate tools must be able to adapt rapidly, serving tenants and
consumers, as well as all the communities and municipalities where
our sites are anchored. Mercialys’ governance, which is already
aligned with best practices in terms of the structure of its Board
of Directors, is evolving to continue moving forward and
effectively implement, with all the solidity required for all our
teams, the ambition for growth that drives us”, confirms Vincent
Ravat, Chief Executive Officer.
* * *
This press release is available on
www.mercialys.com.
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 June 30, 2024, Mercialys
had a real estate portfolio valued at Euro 2.9 billion (including
transfer taxes). Its portfolio of 1,955 leases represents an
annualized rental base of Euro 178.3 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 B, it had 93,886,501
shares outstanding at June 30, 2024.
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version on businesswire.com: https://www.businesswire.com/news/home/20240923073876/en/
Analyst and investor contact Olivier Pouteau Tel: +33
(0)6 30 13 27 31 Email: opouteau@mercialys.com
Media contact communication@mercialys.com
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