PR Newswire/Les Echos/ ? Paris, 16 September, 5:45 pm Affine Group has signed an acquisition in "VEFA" of a commercial centre in the Nevers town centre The Affine Group has signed an acquisition in "VEFA" of a commercial centre from Eiffage Immobilier comprising two shopping galleries (4,800 sqm), offices and car parks opposite the Porte de Paris, in the Nevers town centre. Located on the site of a former hospital building, opposite the Porte de Paris, the design of "L'Espace Colbert" will change the urban character of the Nevers town centre and complete its retail offer. This 15,000 sqm project will host a commercial centre consisting of some 40 shops, offices and car parks, near to a Carrefour group hypermarket. This project is part of the Affine Group's strategy of growth in town centre shopping areas. Delivery is scheduled during the second quarter of 2010. Developed in close collaboration with the local municipality, the project includes the complete renovation of the former Hôpital Colbert, a listed monument from the second half of the 17th century. Construction work on the streets surrounding the site is also planned, forming part of the town's commercial development and increasing its attractiveness in the area. Société anonyme with share capital of 47,800,000 Euros - Head 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 - VAT registration number FR92712048735 Overall project plan This project is part of a larger programme planned to cover 5 hectares including a new aquatic and fitness centre, a police station, a retirement home , green public areas and new roads. Société anonyme with share capital of 47,800,000 Euros - Head 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 - VAT registration number FR92712048735 About the Affine Group The Affine Group is structured around three property companies: - Affine, a property company with French REIT (SIIC) status, which is listed in Compartment B on Euronext Paris, and which acts as an investor (offices, warehouses, stores) throughout France and in neighbouring countries. It is also a credit institution in respect of its financial leasing business. Affine's shares are included in the SBF 250 (CAC Small 90), SIIC-IEIF and EPRA indices; its market capitalisation represents approximately €250 million and at 30 June 2008 it had assets estimated at €610 million euros. - Banimmo, a Belgian property company listed on Euronext Brussels and Paris, is jointly controlled by Affine (50%) and the company's management (27%). It is specifically involved in renovating and repositioning buildings in Belgium, France and Luxembourg. Its market capitalisation is around €200 million and at 30 June 2008 it had assets estimated at €253 million. - AffiParis is a French REIT (SIIC) listed in Compartment C on Euronext Paris, and specialises in commercial property in Paris. Its stock market capitalisation is €35 million and the value of its assets at 30 June 2008 stood at €250 million. The Group also has subsidiaries specialised in logistics engineering (Concerto Développement and Concerto Développement Ibérica), retail investment (Capucine Investissements), property development (Promaffine) and business centres (BFI). 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 Antoine-Pierre de Grammont, Corporate Communication Officer Tel. + 33 (0)1 44 90 43 53 - antoine-pierre.de-grammont@affine.fr Société anonyme with share capital of 47,800,000 Euros - Head 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 - VAT registration 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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