Press Release

New Appointment

  • Damien Chiaffi appointed as MRM's Head of Asset Management

Paris, 8 September 2015: MRM (Euronext code ISIN FR0000060196), a real estate company specialising in retail and office property, announced today the appointment of Damien Chiaffi as head of Asset Management, a newly created position, reporting to Jacques Blanchard, Chief Executive Officer. In particular, Damien Chiaffi will be responsible for the asset management of MRM's six shopping centres.

The creation of an Asset Management department forms part of a new organisation at MRM, which has decided to insource partially its asset management function in order to increase control over operations and costs and to enhance the value creation of its retail portfolio. The Group had announced mid-2013 its decision to refocus its business on retail property and gradually withdraw from office property.

Prior to his appointment, Damien Chiaffi was asset manager at Carrefour Property, a company he joined in 2009, in charge of a portfolio of 16 shopping centres, having previously been responsible for real estate projects at Carrefour. Prior to that, between 2004 and 2007, he was a property manager at real estate management company AGREG. Damien Chiaffi has degrees from the University of Paris II - Assas (DESS in Property Law) and the University of Paris XII - Val de Marne (DEA in Business Law).

- A photograph can be supplied on request -
             

Calendar

Revenues for the third quarter of 2015 are due on 5 November 2015 before market opening.

About MRM

MRM is a listed real estate company with a portfolio worth €220.3 million (excluding transfer taxes) as at 30 June 2015, comprising retail properties (65%) and offices (35%). Since 29 May 2013, SCOR SE has been MRM's main shareholder, holding a 59.9% stake. MRM is listed in compartment C of NYSE Euronext Paris (ISIN: FR0000060196 - Bloomberg code: MRM: FP - Reuters code: MRM.PA) and opted for the SIIC status on 1 January 2008.

For more information:

MRM
5, avenue Kléber 
75795 Paris Cedex 16
France
T +33 (0)1 58 44 70 00
relation_finances@mrminvest.com     		Isabelle Laurent, DDB Financial
54, rue de Clichy
75009 Paris
France
T +33 (0)1 53 32 61 51
isabelle.laurent@ddbfinancial.fr

Website: www.mrminvest.com

MRM Press release in PDF:
http://hugin.info/143389/R/1950422/709129.pdf


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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: MRM via Globenewswire
HUG#1950422