Mercialys completed the acquisition of the remaining 49% stake in Hyperthétis Participations for €28m.

Mercialys, a French real estate company specialized in the holding, management and transformation of retail spaces, completed the acquisition of the remaining 49% stake in Hyperthétis Participations, a company holding a portfolio of 66k sqm of gross leasable area, for €28m. This transaction enables Mercialys to achieve full real estate control over five sites in Angers, Brest, Niort, Narbonne and Le Puy. It also delivers an immediately accretive return, well above the Mercialys' usual investment criteria.