Press release   
Neuilly-sur-Seine, October 16, 2014

H1 2014/2015 consolidated sales

Today, Züblin Immobilière France announced its consolidated sales[1]:
#_ftn1 for the first half of the 2014/2015 financial year (04/01/2014 to 09/30/2014) which amounts to €4.5 million.

The financial information presented in this press release is unaudited and has not yet been presented to the Board of Directors.

Sales by quarter

In € millions 2014/2015 2013/2014 Change (%)
Q1 (04.01 - 06.30)..................................................................... 2.1 3.2 -34.4%
Q2 (07.01 - 09.30)..................................................................... 2.4 2.1 +14.3%
Six-months total........................................................................ 4.5 5.3 -15.1%

The breakdown of H1 consolidated sales for the current financial year (€4.5 million) is as follows:

  • Gross rental income amounted to €3.6 million, down 15% compared to the same period of FY 2013/2014 (€4.3 million) due to the sale of Danica's building. Like-for-like, Gross rental income increased by 13% (€3.2 million in H1 of FY 2013/2014), mainly due to the reopening of Imagine building following its renovation.
  • Service charges re-invoiced to tenants amounted to €0.9 million in H1 of FY 2014/2015 (€1.1 million in the same period of FY 2013/2014).

H1 2014/2015 results are scheduled to be released on November 18, 2014.

Contacts
Eric Berlizon, CFO, Züblin Immobilière France
20-26, boulevard du Parc, 92200 Neuilly-sur-Seine
Tel: +33 (0)1 40 82 72 40, info@zueblin.fr:
mailto:info@zueblin.fr
More information is available on our website: www.zueblin.fr:
http://www.zueblin.fr

About Züblin Immobilière France
Züblin Immobilière France is a listed property company that has opted for SIIC status. The company invests in office properties, and features a real estate portfolio consisting of six office buildings in Paris Region and Marseille.
Shares of Züblin Immobilière France trade on compartment C of Nyse Euronext Paris - ISIN: FR0010298901


[1]:
#_ftnref1 Consolidated sales include gross rental income as mentioned in IFRS financial statements + service charges re-invoiced to tenants as stated in the individual financial statements of Group companies.

H1 2014_2015 consolidated sales:
http://hugin.info/154739/R/1863694/653945.pdf


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Züblin Immobilière France via Globenewswire
HUG#1863694