Carmila

- Following a reverse merger with listed entity Cardety, Carmila raised €628.6m via its IPO
- Carmila owns a €5.4bn portfolio, specializing in the development and management of locally-leading shopping centers adjacent to Carrefour hypermarkets in France, Spain and Italy
- Proceeds of the transaction will be used to fund Carmila’s c. €1.7bn 2017-2020 development plan and selective and accretive acquisitions
- Kempen acted as Joint Bookrunner in this transaction