Mercialys is a French company that operates in real estate, owning and managing properties. It was created by the retailer company, Casino Group in 2005.
Mercialys is a French company that operates in real estate, owning and managing properties. It was created by the retailer company, Casino Group in 2005.
==History== In the late 1990s, the food retailer company Casino Group delegated the management of their retailer properties in a new subsidiary, Groupe Casino Immobilière. In 2005, it was turned into a company with independent operations, which would go public itself, called Mercialys, although Groupe Casino retained a majority stake and therefore its control. Mercialys was listed on the Paris Bourse on November 1, 2005. The new company opted for the SIIC legal tax status for real estate investment trusts.
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