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 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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