Affine RE : lets more than 9,000 sqm of new built turnkey offices in Meudon and Nantes

Paris, 19 July 2018, 6.00 p.m.

Affine lets more than 9,000 sqm of new built turnkey offices in Meudon and Nantes

On the edge of Meudon just across the Ile Seguin in Boulogne, the Automotive and Mobility Services Division has rent the new Green Office en Seine building complex since early June 2018 for its headquarters of some 5,300 sqm on four storeys (Ground +3) in two buildings, on a firm 12-year lease for an annual rent of approximately €1.9m. The property is one of the positive-energy buildings, which has obtained the "exceptional level" HQE and BEPOS Effinergie certifications. It was purchased on a turnkey basis from Bouygues Immobilier in December 2016 and completed in January 2018.

In Nantes, situated in the heart of the Euronantes business district, Le Kibori will be completely occupied by the Regional Department of Public Finance for the Loire and Loire-Atlantique, on a 9-years lease of which 5 years are firm, for an annual rent of €0.8m. This 8-storey building (G-1 to G+6), which will have BREEAM certification, will include 3,960 sqm of office space. Developed by Sogeprom and ADI, Le Kibori will be completed in December 2018.

Signed in a very short time frame, in Meudon just three months after completion, and in Nantes six months before, these turnkey projects demonstrate the ability to meet market expectations of businesses and local authorities. These transactions witness Affine's strategy to invest in new and efficient buildings, in partnership with a developer, as part of a balanced development between the Paris Métropole area and major regional cities: Bordeaux, Lille, Lyon, Marseille, Nantes and Toulouse.

ABOUT AFFINE

Affine is a property company specialising in commercial real estate. At the end of 2017, it directly owned 45 buildings with a total value of €579, (excl. transfer taxes) for a total surface area of 332,400 sqm. The Company owns office properties (69%), retail properties (23%) and warehouses and industrial premises (8%). Its assets are distributed more or less equally between Ile-de France and other regions in France.

Affine is also the major shareholder (49.5%) of Banimmo, a Belgian property repositioning company with operations in Belgium and France. At the end of 2017, Banimmo had total assets of 14 office and commercial buildings, with a value of €208m (transfer taxes included).

Total Group assets are €824m (including transfer taxes).

In 2003, Affine opted for French real estate investment trust (SIIC) status. Affine's shares are listed on NYSE Euronext Paris (Ticker: IML FP/BTTP.PA; ISIN code: FR0000036105). It is included in the CAC Mid&Small, SIIC and IEIF indexes. Banimmo is also listed on NYSE Euronext.

To find out more:www.affine.fr. Follow our news feed on:https://twitter.com/Groupe_Affine

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