Mercialys to acquire Imocom Partners.

Mercialys, a real estate company, agreed to acquire Imocom Partners, an investment manager. Financial terms were not disclosed. “Through this operation, Mercialys will benefit from revenues generated by the investment management company’s activity, as well as a stronger presence alongside retailers and investors, and the capacity to invest in portfolios of retail real estate assets looking beyond its own capabilities. Mercialys will also be able to make its extensive range of expertise in terms of lettings, asset management, marketing or CSR available to support the funds managed. This will move forward while ensuring compliance with the regulations governing the investment management company for outsourcing tasks or functions. By 2025, Mercialys will become the sole shareholder of Imocom Partners. Between now and then, we know that we will be able to count on the current management team’s experience and quality to continue actively developing the company,” Vincent Ravat, Mercialys CEO.