AFFINE (EPA:IML) Two important steps for Concerto European Developer in Sant Feliu de Buixalleu, Spain

Transparency directive : regulatory news

05/12/2012 18:00

Paris, 05 December 2012, 06:00 p.m.

Two important steps for Concerto European Developer in Sant Feliu de Buixalleu,
                                    Spain

Two significant milestones have been crossed in the past few days by Concerto
European Developer in the development of its park at Gaserans, located in Sant
Feliu de Buixalleu, Catalonia.

Delivery of the park's first logistics platform on 30 November to Jump 88
Trading, a subsidiary of the Barcino group, a Catalan import/export company, is
the first stage of its achievement, further to completion of the site's urban
development. The 3,680 sqm building, comprising 3,180 sqm of warehouses and
500 sqm of office space, has been leased for 10 years firm.

Yesterday, Concerto European Developer also signed a 10-year firm lease with
ILS Servicios Logisticos (a logistics service company, and subsidiary of the
Ibex group) for a logistics platform of 10,740 sqm. This complex will be
delivered at the end of 2013, and includes a distribution centre of around
9,970 sqm and 770 sqm of office space, industrial and administrative premises.

Located close to Barcelona, just off the motorway linking the city to
Perpignan, the Sant Feliu de Buixalleu site is already home to a substantial
number of industrial and logistics companies, and this progress represents a
new milestone in the area's development. Concerto European Developer has land
reserves that will enable the development of three other projects, for which
marketing is under way.

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 square metres. The company owns office property (60%), commercial
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

           FRENCH SOCIÉTÉ ANONYME WITH CAPITAL OF 53,100,000 EUROS -
              REGISTERED OFFICE: 5 RUE SAINT-GEORGES, 75009 PARIS
     TÉL: +33 1 44 90 43 00 - FAX: +33 1 44 90 01 48 - EMAIL: INFOOAFFINE.FR
      PARIS TRADE REGISTER 712 048 735- INTRACOMMUNITY VAT NO. FR92712048735

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