The financial information presented in this press release is unaudited and has not yet been presented to the Board of Directors.
Pierre Essig, CEO of Züblin Immobilière France, stated that "Züblin Immobilière France exhibited very strong activity over the 2012/2013 financial year. The Group secured the occupancy rate for all of its buildings on operation and continued work on major high-end refurbishment initiatives for the two buildings located on Île de la Jatte, Imagine and NEWTIME. Furthermore, Züblin Immobilière France seized a market opportunity to dispose of the Suresnes building, which had generated the maximum possible yield for our shareholders. Every effort is being made to ensure that both the asset portfolio and our financial structure will be optimized upon the delivery of NEWTIME, still scheduled for March 2014, thus guaranteeing the highest return on investment. With this in mind, a sales mandate has been signed for the "Le Danica" building, a particularly sought-after asset thanks to its location in the heart of Lyon's La Part-Dieu business district, as well as the excellent credit standards of its tenants. Given the changes in the scope of consolidation that have been initiated and, in some cases, brought to fruition, no meaningful comparison is possible between financial years 2012/2013 and 2011/2012. Züblin Immobilière France is fully committed to an ambitious investment program with high added value, and is taking the necessary steps to achieve its ambitions."
Sales by quarter