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Last updated : 24/09/2026 - 14h00
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Mercialys appoints Jérôme Engelbrecht as Chief Financial Officer from September 1, 2026

The Parisian real estate company is integrating a chief financial officer from the listed real estate sector into its Executive Committee, with the appointment effective September 1, 2026.


Mercialys appoints Jérôme Engelbrecht as Chief Financial Officer from September 1, 2026

A financial career built in listed real estate

Mercialys announced on September 24, 2026 the appointment of Jérôme Engelbrecht as Group CFO and member of the Executive Committee, effective September 1, 2026, three weeks before the official announcement. He will oversee all Finance functions as well as Investor Relations and reports directly to Vincent Ravat, Chief Executive Officer of Mercialys.

Jérôme Engelbrecht has nearly twenty years of experience in corporate finance and the real estate sector. Since April 2025, he has held the position of Chief Financial Officer of Proudreed, having previously been Deputy Chief Financial Officer of Icade.

He spent most of his career at Gecina, which he joined in 2011, where he served for more than ten years as Head of Financing, Treasury, Business Planning and Corporate Finance. A graduate of ESCP Business School, he began his career in 2007 at KPMG, within the Transaction Services division.

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According to the company, this appointment is in line with Mercialys' commitment to continue executing its growth strategy, strengthening its financial discipline and supporting the Group's performance.

Vincent Ravat, Chief Executive Officer of Mercialys, stated: "We are very pleased to welcome Jérôme to our Executive Committee. His deep knowledge of listed real estate, his expertise in financial management, financing and strategic operations, as well as his experience with major transformations will be valuable assets to support the company through the next stages of its development."

As of June 30, 2026, Mercialys owned a real estate portfolio valued at 3.1 billion euros including ownership rights. The company has been listed since October 12, 2005 under the ticker MERY and benefits from the status of a listed real estate investment company.



Sector Foncières / REITs Immobilier commercial / foncières


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Context

Period
  • Period: S1 2026
Key reported figures
  • Revenue: 92,2 millions d'euros
  • Quarterly revenue: 92,2 millions d'euros
  • Revenue growth: 3,9 %
  • EBITDA: 62,1 millions d'euros
  • Net income: 33,7 millions d'euros
  • 1 240 millions d'euros
Risks mentioned
  • Environnement de marché qualifié de volatil par la direction
  • Indexation des loyers quasi nulle à +0,1 %, réduisant le moteur automatique de croissance
  • Ratio d'endettement encore élevé à 41,9 % du patrimoine droits inclus
Opportunities identified
  • Relèvement des objectifs annuels de résultat net récurrent et de dividende
  • Réussite du repositionnement du patrimoine sur le modèle Shop•Park
  • Réversion positive de +2,3 % prenant le relais de l'indexation
Outlook / guidance
  • Management commentary: résultat net récurrent, désormais attendu entre 1,30 € et 1,32 € par action, contre au moins 1,29 € annoncé en février. L'objectif de dividende est également relevé à au moins 1,02 € par action

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.

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