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Share Name | Share Symbol | Market | Type |
---|---|---|---|
MRM | EU:MRM | Euronext | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.01 | 0.03% | 35.22 | 35.21 | 35.27 | 35.22 | 35.22 | 35.22 | 1,313 | 16:40:00 |
Press release
Disposal of two non-strategic assets
Paris, 7 October 2021: MRM (Euronext code ISIN FR0000060196), a real estate investment company specialising in retail property, today announced the sale of two properties representing 10,200 sqm altogether for a total €4.9 million (excluding transfer taxes), 13% above the properties’ valuations as at end-June 2021.
These disposals concern two non-strategic assets in the Gamm Vert sub-portfolio acquired in 2007. They are:
These disposals fall within the framework of MRM’s dynamic management of its property portfolio, having previously announced that it is looking into potential acquisitions as well as possible disposals in a selective manner.
François Matray, Chief Executive Officer of MRM, commented: “In addition to selling a small stand-alone property that had been vacant since 2020, the sale of the only logistics property in our portfolio enables MRM to complete its refocus on retail property. These disposals, carried out for a total amount above the properties’ valuations as at end-June 2021, also contribute to strengthening the company’s cash position and give us more leeway with a view to being able to carry out potential acquisitions.”
Calendar
Financial information for the 3rd quarter of 2021 will be published before the market opens on 4 November 2021.
About MRM
MRM is a listed real estate investment company that owns and manages a portfolio of retail properties across several regions of France. Its majority shareholder is SCOR SE, which owns 59.9% of share capital. MRM is listed in Compartment C of Euronext Paris (ISIN: FR0000060196 - Bloomberg code: MRM:FP – Reuters code: MRM.PA). MRM opted for SIIC status on 1 January 2008.
For more information:
MRM5, avenue Kléber75795 Paris Cedex 16FranceT +33 (0)1 58 44 70 00relation_finances@mrminvest.com | Isabelle Laurent, OPRG FinancialT +33 (0)1 53 32 61 51M +33 (0)6 42 37 54 17isabelle.laurent@oprgfinancial.fr |
Website: www.mrminvest.com
Attachment
1 Year MRM Chart |
1 Month MRM Chart |
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