Robust Footfall Levels for Mercialys Centers Since Stores Reopened on May 19, 2021 Illustrate French Consumers’ Attachment ...
31 Maggio 2021 - 6:28PM
Business Wire
Regulatory News:
Mercialys’ (Paris:MERY) shopping centers1 recorded strong
footfall growth of almost +15% from May 19 to 30, 2021 versus the
same period in 2020. It is already up to over 95% of the activity
levels seen for the same normalized period in 2019.
Virtually all stores in France have been able to open again
since May 19, 2021, after they were ordered to close by the French
government for nearly four months as part of measures to combat the
Covid-19 epidemic. The minimum space ratios put in place, although
contributing to a slower upturn in activity, and a range of health
measures are making it possible to ensure very safe conditions
today for welcoming all visitors.
Footfall figures with this reopening have been very positive
across Mercialys’ portfolio, as for the entire retail sector in
France. The appeal of physical retail is demonstrated by this
trend, which had already characterized the reopening periods in May
and November 2020. The extensive selection, its immediate
availability, the reopening of terraces and the corresponding
social contact, which was so missed during the lockdown periods,
are helping maintain this relationship between retailers, visitors
and the sites that bring them together.
Initial exchanges with retailers seem to indicate a very
positive transformation rate and a satisfactory upturn in their
sales levels.
From May 19 to 30, 2021, aggregate footfall for Mercialys’
sites1 increased by +14.9% compared with 2020, whereas footfall
levels had already previously been very sustained when the first
lockdown was lifted from May 11, 2020. This sustained performance
has enabled footfall in Mercialys’ shopping centers to already
reach more than 95% of the normalized activity seen for the same
period in 2019, outperforming the French panel2 (around 94%).
* * *
This press release is available on
www.mercialys.com
About Mercialys Mercialys is one of France’s leading real
estate companies. It is specialized in the holding, management and
transformation of retail spaces, anticipating consumer trends, on
its own behalf and for third parties. At December 31, 2020,
Mercialys had a real estate portfolio valued at Euro 3.3 billion
(including transfer taxes). Its portfolio of 2,138 leases
represents an annualized rental base of Euro 173.9 million.
Mercialys has been listed on the stock market since October 12,
2005 (ticker: MERY) and has “SIIC” real estate investment trust
(REIT) tax status. Part of the SBF 120 and Euronext Paris
Compartment B, it had 93,886,501 shares outstanding at December 31,
2020.
IMPORTANT INFORMATION This press release contains certain
forward-looking statements regarding future events, trends,
projects or targets. These forward-looking statements are subject
to identified and unidentified risks and uncertainties that could
cause actual results to differ materially from the results
anticipated in the forward-looking statements. Please refer to
Mercialys’ Universal Registration Document available at
www.mercialys.com for the year ended December 31, 2020 for more
details regarding certain factors, risks and uncertainties that
could affect Mercialys’ business. Mercialys makes no undertaking in
any form to publish updates or adjustments to these forward-looking
statements, nor to report new information, new future events or any
other circumstances that might cause these statements to be
revised.
1 Mercialys’ large centers and main convenience shopping centers
based on a constant surface area, representing over 85% of the
value of the Company’s shopping centers at December 31, 2020 2
Performance calculated based on Quantaflow’s French shopping center
panel, which enables access to daily footfall data
View source
version on businesswire.com: https://www.businesswire.com/news/home/20210531005257/en/
Analysts / investors / media: Alexandre Leroy Tel: +33
(0)1 82 82 75 63 Email: aleroy@mercialys.com
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