CARM 📈 Carmila SA - Overview

Carmila SA is a prominent player in the European commercial property landscape, holding the position of third-largest listed owner of commercial property in the region. Founded through a collaborative effort between Carrefour, a renowned retail giant, and several large institutional investors, Carmila's primary objective is to unlock the full potential of shopping centers located adjacent to Carrefour hypermarkets across France, Spain, and Italy. By focusing on these strategic locations, Carmila aims to create vibrant retail hubs that cater to the needs of local communities, while also driving value for its stakeholders.

As of December 31, 2023, Carmila's portfolio boasts an impressive valuation of €5.9 billion, comprising 201 shopping centers that maintain leading positions within their respective catchment areas. This extensive network of retail properties enables Carmila to leverage its scale and expertise to deliver tailored solutions for its tenants, while also providing a unique shopping experience for consumers. With its listings on Euronext-Paris Compartment A under the symbol CARM, Carmila operates with transparency and accountability, adhering to the highest standards of corporate governance.

Carmila benefits from the favorable tax regime afforded to French real estate investment trusts (SIIC), which enables the company to optimize its financial performance and reinvest its earnings in strategic growth initiatives. Furthermore, Carmila's membership in the SBF 120 index, effective since June 20, 2022, underscores its commitment to excellence and its position as a major player in the European real estate sector. With a strong online presence, including its website at https://www.carmila.com, Carmila provides stakeholders with easy access to information and resources, fostering a culture of openness and collaboration. The company's common stock is traded under the ISIN code FR0010828137, and its classification within the GICS Sub Industry of Real Estate Operating Companies reflects its specialized focus on the development, management, and operation of commercial properties.