Financial information for the first nine months of 2023

Commercial real estate continues to generate revenues for MRM (ISIN FR00140085W6). In the first nine months of 2023, tenant sales rose 5% year-on-year to €11.6 million. However, the third quarter brought a slight slowdown, with growth of just 2%. Nevertheless, compared to Procos' report for the same period, which reported overall specialty trade growth of 3%, MRM's results remain positive.

The company also reported 18 new or renewed tenant agreements with an average re-measurement rate of +7.2%. These properties have a total area of 9,200 square meters and an annual rental amount of €1 million, representing 7.9% of total gross' 'MRM.

The increase in revenue was driven by the acquisition of shopping centers in Flins and Ollioules, effective November 16, 2022, as well as the introduction of new leases. However, these were partially offset by store vacations and lower demand for rental space at Flins, as well as a reduction in the number of tenants at Carré Vélizy.

MRM continues to actively manage its assets and build its development strategy.

All important MRM news and financial figures will be' 'published on March 7, 2024 after the close of the stock exchange. Company website for more information: www.mrminvest.com. MRM is a publicly traded investment company that owns and manages trading assets in different regions of France. Its largest shareholder is SCOR SE, holding 56.63% of its capital. MRM is listed on Euronext Paris (ISIN: FR00140085W6 - Bloomberg code: MRM:FP - Reuters code: MRM.PA) and has been in SIIC mode since January 1, 2008.