Mercialys: rents up 4.5% in Q1

(CercleFinance.com) - Mercialys posted billed rents of ?45.
5 million for the first three months of the year, up 4.5% (+4.6% organic), having benefited from a positive indexation of +4.6% taking into account the ILC indices published in 2023.

The economic environment is stabilizing, with inflation easing and household consumption regaining momentum", emphasizes Vincent Ravat, CEO of the retail property company.

Mercialys therefore confirms its 2024 targets, i.e. an increase of at least 2% in recurring net income (RNI) per share and a dividend payout ratio of between 75 and 95% of 2024 RNI.

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