According to Carmila's press release, the company completed the disposal of four non-strategic assets located in Spain for a total amount of 37.3 million euros, inclusive of rights. These assets, which are standalone medium-sized surfaces on parking lots, cover a total area of 24,338 sqm. Sold to a leading asset manager, these properties were disposed of at a 12% premium over their appraisal values and have an initial net yield of 6.6%. This transaction, along with previous sales in Villers-Semeuse and Quetigny in France totaling 29 million euros, brings Carmila's total disposals in 2025 to 66 million euros, thus exceeding its annual target of 50 million euros.
Reinvestment and Acquisition Strategy
Free · Every morning
Technical market signals, before the opening bell.
Bullish and bearish momentum, analyst changes, stocks to watch — automatically computed from Euronext data.
✓ Before 9 AM every morning✓ Euronext data✓ AI-powered analysis
You're in — subscription confirmed!
Your first edition is on its way. Check your spam folder and add us to your contacts.
An error occurred.
Indicative data. No investment advice. Unsubscribe at any time.
Gratuit · chaque matin
Ne ratez plus rien sur vos actions
La tendance derrière les cours. L'essentiel des valeurs Euronext en quelques minutes.
📈les valeurs en mouvement, sur la durée
🎯les objectifs d'analystes qui évoluent
📰les actualités qui font bouger les cours
tendance · 6 séances
✓ C'est fait, vous êtes inscrit !
Votre première édition arrive bientôt. Pensez à vérifier vos spams.
Une erreur est survenue.
CAC 40 · SBF 120 · données indicatives · aucun conseil en investissement · désinscription à tout moment.
Carmila plans to reinvest the proceeds from these disposals into targeted, high-value-added acquisitions. The company confirms its strategy as a net buyer, with an annual acquisition target of 100 million euros against 50 million euros of disposals. Carmila indicates that it maintains a robust financial structure to support this growth strategy.
Company Profile and Future Outlook
Carmila is the third largest publicly traded shopping center company in Europe, created by Carrefour and institutional investors to enhance the value of shopping centers adjacent to Carrefour hypermarkets in France, Spain, and Italy. As of December 31, 2024, its portfolio included 251 shopping centers valued at 6.7 billion euros. Carmila is listed on Euronext-Paris under the symbol CARM and has been part of the SBF 120 since June 20, 2022. The company's next annual results will be published on February 18, 2026, followed by a presentation on February 19, 2026.
Carmila is confidently reiterating its objectives for 2026
Risks mentioned
No new supply and increasing scarcity of profitable spaces may limit future expansion opportunities
Interest rate sensitivity despite current full hedging in 2026-2027, potentially impacting cost of capital for future acquisitions
Retail market concentration in Western Europe and exposure to economic downturn affecting footfall and retailer demand
Opportunities identified
Accretive acquisition of Grand Quetigny (Dijon) generating rental uplift and innovation-based revenues leveraging Carmila's asset management expertise
Rising retailer demand and occupancy expansion (96.0%, +70 bps) supporting sustainable rental revenue growth across three countries
Innovation-driven revenues (Specialty leasing, Retail media, Next Tower, Marketing services) from 620 million annual visits
Outlook / guidance
Management commentary: Carmila is confidently reiterating its objectives for 2026 and expects to generate recurring earnings per share of €1.87.
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
