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Share price
16.4 €
-0.85 %
July 1, 2024

Carmila announces the closing of the acquisition of Galimmo SCA

  • Carmila announces the closing of the acquisition of 93% of the share capital of Galimmo SCA
  • Galimmo’s portfolio of 52 assets, mainly located in the North-East of France, was valued at 675 million euros at end-December 2023
  • The transaction is immediately accretive for Carmila (EPRA NDV +5%, recurring earnings +5% on an annualized basis and including synergies)
  • The LTV impact for Carmila is approximately 170 basis points

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