PR Newswire/Les Echos/ Paris, 22 June 2009, 5:45 p.m. Affine sells an office building in Marseille The Affine Group has just sold a building in Marseille to UFFI REAM, on behalf of one of its "SCPI", pursuant to its strategy to streamline its office property portfolio. The "Grand Ecran" has total office space of 4,158 m2, and is located at 11-13, avenue André Roussin in Marseille. The deal was completed by Atisreal Investissement / Marseille, adviser to the seller and the acquirer. The total deal amounted to EUR7.6 million excluding fees, in accordance with the appraisal value at the end of 2008. This deal will generate a significant capital gain for the company's financial statements for 2009. 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, operates as an investor (offices, warehouses, stores) throughout France. It is also a credit institution in respect of its financial leasing business. The Affine share is included in the SBF 250 (CAC Small 90), SIIC IEIF and EPRA indices. As of December 31 2008, its market capitalisation represents approximately EUR105 million and its rental properties are estimated at EUR616 million. - Banimmo, a Belgian property company listed on NYSE Euronext Brussels and Paris, is controlled by Affine (50%) and the company's management (28.4%). It is dedicated to renovating and repositioning buildings in Belgium, France and Luxembourg. As of December 31 2008, its market capitalisation is around EUR170 million and its assets are estimated at EUR288 million. - AffiParis is a French REIT (SIIC) listed on NYSE Euronext Paris, and specialised in commercial property in Paris. As of December 31 2008, its stock market capitalisation is EUR26 million and the value of its assets stands at EUR236 million. The group also has subsidiaries specialised in logistics engineering (Concerto Développement) and property development (Promaffine). CONTACTS CITIGATE DEWE ROGERSON: Nicolas Castex - Agnès Villeret Tel. + 33 (0) 1 53 32 78 88/95 - nicolas.castex@citigate.fr or agnes.villeret@citigate.fr AFFINE: Maryse Aulagnon - Alain Chaussard Tel. + 33 (0) 1 44 90 43 10 - info@affine.fr Frank Lutz - Financial Communication Manager Tel: + 33 (0) 1 44 90 43 53 - frank.lutz@affine.fr A public limited company with capital of EUR47,800,000 - Registered Office 4 square Edouard VII, 75009 PARIS Tel. : 33 (0)1 44 90 43 00 - Fax: 33 (0)1 44 90 48 00 - E-mail address: info@affine.fr 712 048 735 RCS Paris - Intracommunity VAT number: FR92712048735 The content and accuracy of news releases published on this site and/or distributed by PR Newswire or its partners are the sole responsibility of the originating company or organisation. Whilst every effort is made to ensure the accuracy of our services, such releases are not actively monitored or reviewed by PR Newswire or its partners and under no circumstances shall PR Newswire or its partners be liable for any loss or damage resulting from the use of such information. All information should be checked prior to publication.
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