Following the announcement of their planned merger, Carmila and Cardety have signed a merger agreement and are publishing their proforma results and key performance indicators as at 31 December 2016

Boulogne-Billancourt, April 5, 2017 – 8:00 am – Carmila and Cardety, two property companies specialising in the management of shopping centres and retail parks adjoining stores under the Carrefour Group banner, announced a draft agreement on 2 March 2017 for the merger and absorption of Carmila by Cardety. The aim of the merger is to create a major listed property company dedicated to promoting and developing locally-leading shopping centres in France, Spain and Italy, benefitting from a strategic partnership with…Read more

Press Release: Growth continues in 2016

2016 Gross Rental Income up +9%, at Euro 275.7 million Financial occupancy rate[1] up by 2 percentage points, at 0% as of Dec. 31, 2016 2016 Recurring Earnings at Euro 172,3 million Net Asset Value (EPRA NAV) up +13% year-on-year to Euro 2,773 million at end-2016 As of December 31, 2016, the portfolio comprised 194 shopping centres adjacent to Carrefour food stores, with a market value[2] of Euro 5.2 billion, up +13.3% year-on-year. The average net yield[3] of the portfolio…Read more

D-2: Carmila at the RECon Europe

2 days left before the RECon Europe in London, come and meet Carmila on stand A14 ! Our Leasing teams will introduce you retail development opportunities in our 194 shopping centres in France, Italy and Spain.   RECon Europe – ICSC 22 March Business Design Centre, London  #ICSCRECON More information: www.icsc.org/reconeurope