AFFINE (EPA:IML) Confirmed marketing success for the 7 Collines shopping centre in Nîmes

Transparency directive : regulatory news

26/11/2013 18:00

Paris, 26 November 2013, 06:00 p.m.

Confirmed marketing success for the 7 Collines shopping centre in Nîmes

Affine has just signed a 6-year fixed lease on nearly 600 sqm with the French
Government for the opening of a Ministry of Justice branch in its 7 Collines
shopping centre in Nîmes (South-east part of France).

This agreement raises to 5 the number of new clients to the site since the
beginning of the year. The new clients include "Au bureau", an important French
bar and restaurant operator. The leasing of more than 1,600 sqm. of floor area,
following the arrival of Office Dépôt at the end of 2012, is a tribute to the
popularity of 7 Collines which now presents an occupancy rate of more than 95%.

Located in the southern part of Nîmes' city centre, opposite the Georges
Besse industrial park and close to the railway station and the A9 motorway, 7
Collines is easy to access and offers parking facilities for 550 vehicles. The
shopping centre houses 40 retail outlets spread over 13,000 sqm. and 4,180 sqm.
of offices. Fully renovated in 2008, 7 Collines offers a diversified shopping
experience with a choice of national and local brands in food, catering and
services as well as in the home furnishing and recreational sectors: Mac Dan,
Leader Price, Amazonia, Autour du bébé, Biocoop, and many others.

Since the beginning of the year and including the activity of Jardin des Quais
in Bordeaux, Affine has signed 42 new leases covering a total floor area of
14,700 sqm. and representing annual rent of EUR 1.5m. In addition, 23 tenants
cancelled their leases, representing a total surface area of 10,200 sqm. and
annual rent of EUR 1.5m. Lastly, 29 tenants renegotiated their rents for an
amount of EUR 2.8m.

ABOUT AFFINE GROUP

Affine is a property company specializing in commercial property. At the end of
June 2013 Affine owned 60 buildings with a total value of EUR 571m inclusive of
taxes, and a total surface area of 504,000 sqm. The company owns office
properties (60%), retail properties (14%) and warehouses and industrial
premises (26%). Its activity is distributed more or less equally between
Ile-de-France and the other French regions.

Affine is also the reference shareholder of Banimmo, a Belgian property
repositioning company with activities in Belgium and France, and of which
Affine holds 49.5%. The firm owns 21 properties in office and retail properties
worth EUR 396m. The two companies jointly own the Jardins des Quays in
Bordeaux. Finally, It also has a 99.9%-owned subsidiary Concerto European
Developer specializing in logistics development operations.

Total Group assets are EUR994m.

In 2003, Affine opted for the French real estate investment trusts (SIIC)
status. The Affine share is listed on NYSE Euronext Paris (Ticker: IML
FP/BTTP.PA; ISIN code: FR0000036105) and admitted to the deferred settlement
system (long only). It is included in the CAC Mid&Small, SIIC IEIF and EPRA
indexes. Banimmo is also listed on NYSE Euronext Brussels. www.affine.fr

CONTACT
INVESTOR RELATIONS
Frank Lutz
+33 (0)1 44 90 43 53 - frank.lutz@affine.fr

PRESS RELATIONS
Watchowah - Didier Laurens
+33 (0)6 85 38 03 62 - didier.laurens@watchowah.com

AFFINE's latest news

14/12/2018 18:00

AFFINE (EPA:IML) Confirmed marketing success for the 7 Collines shopping centre in Nîmes

Transparency directive : regulatory news

AFFINE's latest news

Other stories