July 1, 2024
Carmila announces the closing of the acquisition of Galimmo SCA
- Carmila announces the closing of the acquisition of 93% of the share capital of Galimmo SCA
- Galimmo’s portfolio of 52 assets, mainly located in the North-East of France, was valued at 675 million euros at end-December 2023
- The transaction is immediately accretive for Carmila (EPRA NDV +5%, recurring earnings +5% on an annualized basis and including synergies)
- The LTV impact for Carmila is approximately 170 basis points