Mercialys: the discount has been reduced

Centers. While Casino has gone down on one knee, its former subsidiary Mercialys is doing much better. The distributor has entirely withdrawn from the capital of the property company since 2022… Mercialys’ business model is based on shopping centers located in medium-sized French towns. However, it is the latter which appeal to families today. In addition, the property company’s shopping centers are leaders in their catchment area. They benefit from being anchored to a large food store which often displays the Casino sign. The move under the Auchan, Intermarché or Leclerc brand should help reassure traders present in the adjoining shopping mall.