Mael AOUSTIN

About Mael AOUSTIN

Maël Aoustin is an experienced real estate executive known for his operational mindset and strong command of investment, asset management and property operations. At Mercialys, he serves as an independent director and Chairman of the Audit, Risks and Sustainable Development Committee. In that capacity, he helps oversee financial reporting, internal controls, risk management and non-financial performance within a listed real estate company operating in a highly regulated and fast-evolving environment. His profile is particularly relevant in a sector where shopping assets are being reshaped by changing consumer behavior, ESG requirements and the need for active portfolio transformation. He holds an engineering degree from INSA Lyon, a Master of Science from Brunel University of London and an advanced management degree from HEC Paris. This combination of technical and business training has supported a career built over nearly 20 years in real estate. Aoustin spent 12 years at Unibail-Rodamco, where he held a range of leadership roles in France and internationally across investment, asset management and operations. That early experience gave him a strong understanding of real estate cycles, value creation at asset level and the management of diversified portfolios. He later became Chief Executive Officer of Galimmo, a retail property company, a position he held from 2016 to 2022. In that role, he worked on the core challenges of retail real estate: asset repositioning, tenant relations, site performance, and the optimization of property portfolios. He also handled M&A and real estate responsibilities within the Louis Delhaize group, with a geographic scope extending across several countries. This broadened his exposure to cross-border operations, portfolio structuring and strategic transactions. Since March 2022, he has served as Chairman of the Management Board of UXCO Group, an integrated investment, development and operating platform focused on residential, student and hospitality real estate and majority owned by Brookfield Asset Management. This role underlines his ability to lead complex organizations and execute growth strategies in real estate markets undergoing structural change. Overall, his career combines sector expertise, governance experience, financial discipline and transformation leadership, making him a respected figure in the listed real estate ecosystem.