Societe Fonciere Lyonnaise : Cézanne Saint-Honoré business centre moves upmarket

Paris, 15 September 2016

Located in the heart of Paris' 8th arrondissement, SFL's Cézanne Saint-Honoré building has been revamped with a new user services centre. The refit, which was designed by Studio Putman and inspired by hotel themes, features a dining area with an innovative MamieCocotte© food concept, a smart business centre complete with a 100-seater auditorium, meeting rooms, a VIP lounge and a concierge service.

Thanks to this move upmarket, in July 2016 SFL signed a lease with a leading property developer for a surface area of 2,600 sq.m. (including a 200 sq.m. terrace) at €750/sq.m. SFL was advised by BNP Paribas Real Estate.

The Cézanne Saint-Honoré business centre offers 24,000 sq.m. of smart office space across vast floor plates of around 1,800 sq.m, and the entire building boasts a Very Good rating under the BREEAM In-Use certification (Asset & Building Management). The remaining surface area of around 5,000 sq.m. will be delivered in November 2016 following extensive renovation work.

Leader on the prime segment of the Parisian tertiary real estate market, Société Foncière Lyonnaise stands out for the quality of its property portfolio, which is valued at €5.5 billion and is concentrated on the Central Business District of Paris (Louvre Saint-Honoré, Edouard VII, Washington Plaza, etc.), and for the quality of its client portfolio, which is composed of prestigious companies in the consulting, media, digital, luxury, finance and insurance sectors.

Stock market: Euronext Paris Compartment A - Euronext Paris ISIN FR0000033409 - Bloomberg: FLY FP

- Reuters: FLYP PA

S&P rating: BBB stable outlook