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

                         
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