AFFINE (EPA:IML) Concerto European Developer announces the construction of a 24,700 sqm logistics platform for Eurodif in Troyes

Transparency directive : regulatory news

18/10/2012 19:00

Paris, 18 October 2012, 07:00 p.m.

            Concerto European Developer announces the construction of
             a 24,700 sqm logistics platform for Eurodif in Troyes

Concerto European Developer has just announced that it has signed a 9-year
fixed lease with Eurodif, a leading European group in the home and fashion
sectors (an
Omnium Group company, holder as well of the Burton of London and Devred 1902
brands), on a 24,700 sqm logistics platform that will be later extended to
30,000 sqm. The platform is currently under construction on a plot of land
located in the Aube logistics park in Troyes (10) and purchased from the Aube
General Council.

The complex will comprise a distribution centre of around 22,900 sqm which
will include an automated orders preparation process, 600 sqm of business
premises and 1,200 sqm of offices.

The platform is scheduled for delivery in the 1st quarter of 2013.

Once again, Concerto European Developer has shown its capacity to offer a
turnkey solution to a leader in BtoC distribution. The company's directors
declared that " after building a 62,000 sqm warehouse for But International in
Mer (41) and the Sunclear distribution centre (Arkema Group) with a surface
area of 21,000 sqm, this new operation confirms Concerto's new development
model".

About Affine Group

Affine is a property company specialising in commercial property. At 30 June
2012, Affine and its subsidiary AffiParis owned and managed 65 properties with
a total value of EUR702m inclusive of taxes, spread over a total surface area
of 524,000 sqm. The company owns office property (60%), retail property (11%)
and warehouses (28%). Its business activity is evenly divided between the Ile
de France (Paris region) and other French regions.

Affine is the largest shareholder of Banimmo (49.5%), the Belgian
repositioning property company present in Belgium, France and Luxembourg, and
of Concerto European Developer, a subsidiary specialising in organising
development operations in logistic property. Concerto specialises in the
design and construction of logistics platforms built to meet the latest
criteria in terms of demand and regulation. www.concerto-ed.com

In 2003, Affine adopted the special tax treatment applicable to French real
estate investment trusts (SIIC). Affine shares are listed on NYSE Euronext
Paris (Ticker: IML FP / BTTP.PA; ISIN code: FR0000036105) and admitted to the
deferred settlement service (long only). Affine shares are included in the CAC
Mid&Small, SIIC IEIF and EPRA indices. AffiParis and Banimmo are also listed
on NYSE Euronext. www.affine.fr

Contact
INVESTOR RELATIONS          PRESS RELATIONS
Frank Lutz                  Watchowah - Cyril Levy-Pey
+33 (0)1 44 90 43 53 -     +33 (0)6 08 46 41 41 -
frank.lutz@affine.fr        levy-pey@watchowah.com

  SOCIÉTÉ ANONeME WITH SHARE CAPITAL OF 53,100,000 EUROS - REGISTERED OFFICE:
                       5 RUE SAINT-GEORGES, 75009 PARIS
TEL: +33 (0)1 44 90 43 00 - FAX: +33 (0)1 44 90 48 00 - EMAIL: INFO@AFFINE.FR
   PARIS TRADE AND COMPANIES REGISTER NO. 712048735 INTRA-COMMUNITY
                             VAT NO. FR92712048735

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14/12/2018 18:00

AFFINE (EPA:IML) Concerto European Developer announces the construction of a 24,700 sqm logistics platform for Eurodif in Troyes

Transparency directive : regulatory news

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