PR Newswire/Les Echos/

Paris, 29 March 2010, 07:00 p.m.

Agreement between Concerto Développement and the Communauté d'Agglomération
            Cap Calaisis for the development of a logistics area

At SI TL Europe 2010 (International Week of Transport and Logistics), the Affine
group, through its subsidiary Concerto Développement, signed an agreement with
the Communauté d'Agglomération Cap Calaisis aiming at developping a logistics
area of 8.3 ha near Calais.

The preference agreement signed with ADEVIA, the entity in charge of the project
gives Concerto Développement a call over more than half of the fourteen
hectares of land allotted to the ZAC des Pins mixed-development area at Marck in
Calaisis, a city east of Calais, the major shipping port and road terminal for
the Channel Tunnel.

Located at the intersection of the two coastal motorways A26-E15 and A16-E40,
and close to the Eurotunnel train station and the Calais-Dunkerque airport, the
Pins area is a key component of the Transmarck logistics transport hub, a
project covering nearly 100,000 sqm. of warehouses, with logistics services over
65 hectares.

Concerto Développement proposed the construction of two logistics platforms of
27,000 sqm. and 22,000 sqm. divisible, completed by around 10,000 sqm. of
industrial premises, in 2011. Depending on the interest generated, the
development project may extend to cover the entire 14 hectares of the ZAC.

Concerto Développement is specialised in the design and construction of
logistics platforms tailored to the latest requirements in terms of demand and
regulations. It is primarily active in France and in neighbouring countries such
as Spain and Switzerland. It recently delivered a 10,500 sqm. building in
Vilvorde (Belgium) to Affine and a 62,000 sqm. warehouse in Mer (41), near
Blois, used by But International.

About the Affine Group

The Affine Group is structured around three property companies:

- Affine, a property company with French REIT (SIIC) status, listed on NYSE
  Euronext Paris, acts as an investor (offices, warehouses, retail space)
  throughout France; it is also a credit institution due to its leasing
  activities. Affine shares are included in the SBF 250 (CAC Small 90), SIIC 
  IEIF and EPRA indexes. As at 31 December 2009, its market capitalisation was
  approximately EUR132 million and its property portfolio was valued at EUR630
  million, transfer taxes included.

- Banimmo, a Belgian real estate company listed on NYSE Euronext Brussels and
  Paris, is owned by Affine (50%) and the company's management (28.8%). It is
  primarily engaged in repositioning and renovating buildings in Belgium, France
  and Luxembourg. As at 31 December 2009, its market capitalisation was about
  EUR172 million and its assets were estimated at EUR340 million including
  transfer taxes, with rental properties representing EUR240 million.

- AffiParis, a French REIT (SIIC) listed on NYSE Euronext Paris, specialises in
  commercial property in Paris. As at 31 December 2009, its market 
  capitalisation was EUR23 million and the value of its assets was 
  EUR219 million including transfer taxes.

The Group also has various subsidiaries, including Concerto Développement,
which specialises in logistics engineering.

CONTACTS 
CITIGATE DEWE ROGERSON: Agnès Villeret
Tel. + 33(0)1 53 32 78 95 - agnes.villeret@citigate.fr

AFFINE: Maryse Aulagnon - Alain Chaussard
Tel. + 33(0)1 44 90 43 10 - info@affine.fr

Frank Lutz - Manager, Financial Communications and Investor Relations
Tel. + 33(0)1 44 90 43 53 - frank.lutz@affine.fr 

A French "société anonyme" with share capital of EUR47,800,000 - Registered
office: 4 square Edouard VII, 75009 PARIS
     Tel.: 01 44 90 43 00 - Fax: 01 44 90 01 48 - Email: info@affine.fr
      712 048 735 RCS Paris - intra-community VAT number FR92712048735
                      
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