PR Newswire/Les Echos/
 
                                                                          Paris, 20 February 2008, 5:35pm




Affine announces the sale of its Affine building construction and design 
subsidiary to AtriA Capital Partenaires


Affine has sold its majority stake in Affine building construction and design (
Abcd) to AtriA Capital Partenaires, a French private equity firm. This sale was 
conducted with Abcd's senior executives who, with other Abcd's managers, will 
retain their current stake in the company.

Over the past two years, Abcd has become one of France's leading providers of 
turnkey buildings for use in logistics, manufacturing, commerce, and services, 
in France, Spain, and Germany.

AtriA Capital Partenaires helps entrepreneurs start-up and expand their new 
businesses, and works with managers to create value over the medium-term. The 
firm will support Abcd in its organic growth strategy - Abcd's order book 
already totalled €145 million by the end of 2007 - and acquisition plans.

Abcd will now be named Advanced building construction and design.

This transaction will generate a sizable gain for Affine relative to its 
initial investment, and enable it to better focus on its core businesses as a 
property development company.

About the Affine Group

The Affine Group, founded in 1990, is one of the leading independent commercial 
property developers in France and other European countries. The Group runs its 
property development and lease financing businesses through two listed entities
: Affine, and AffiParis, which focuses exclusively on property in Paris.

The Affine Group also has subsidiaries specialised in logistics engineering (
Concerto Développement and Concerto Développement Iberica), property 
development (Promaffine), retail(Capucine Investissements), and business 
centres (BFI). Since 2006, Affine has been the primary shareholder in Banimmo, 
its subsidiary involved in renovating and repositioning buildings in both 
Belgium and France.

Affine is a French REIT (SIIC) listed on Compartment B of Euronext Paris, and 
is a licensed credit institution. The company has a market capitalisation of 
over €250 million; its shares are included in the SBF 250 (CAC Small 90), SIIC-
IEIF, and EPRA indices.




CONTACTS

CITIGATE DEWE ROGERSON : Nicolas Castex - Agnès Villeret
Tel. + 33(0)1 53 32 78 88/95 - nicolas.castex@citigate.fr ou agnes.villeret@
citigate.fr

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

                         
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