Mercialys is a French company that operates in real estate, owning and managing properties.[1][4] It was created by the retailer company, Casino Group in 2005.[5]
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.[5] 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.[6] Mercialys was listed on the Paris Bourse on November 1, 2005.[7]