Mercialys acquires remaining 49% stake in Hyperthétis Participations

French real estate company Mercialys has acquired the remaining 49% stake in Hyperthétis Participations for €28 mln, giving them full ownership of a 66,000 m2 gross leasable area (GLA) portfolio.

Mercialys

The portfolio, spread across five sites in Angers, Brest, Niort, Narbonne, and Le Puy, France, is fully or nearly fully leased.
The sites are anchored by major food retailers, namely Auchan, Leclerc, Grand Frais, Lidl, and Carrefour, alongside leading non-food retailers.
The deal streamlines Mercialys' ownership structure, providing full real estate control and generating an immediately accretive return significantly exceeding the company's investment benchmarks.
Mercialys was advised by Forvis Mazars and by Archers on the transaction.
Listed on the Euronext Paris (MERY) with SIIC REIT status, Mercialys had a €2.8 bn portfolio producing €169.2 mln in annual rent as of December 31, 2024.