AFFINE (EPA:IML) Concerto European Developer signs a contract to build a 43,500 sqm logistics platform for Petit Bateau in Troyes

Transparency directive : regulatory news

31/03/2014 18:00

Paris, 31 March 2014, 6.00 p.m.

Concerto European Developer signs a contract to build a 43,500 sqm logistics
platform for Petit Bateau in Troyes

Concerto European Developer has just signed a property development contract with
Petit Bateau, a leading readyto-wear brand specialised in clothing for children,
women and men (Yves Rocher group), for the construction of a 43,500 sqm
logistics platform, with the possibility of extending it to 49,400 sqm. This
platform will be built on a plot of land located within the Aube logistics park
in Troyes (10). The complex will serve as the group's new global retailing hub
and will comprise warehouses, equipment rooms and offices. It will include order
preparation, storage of clothing and underwear, mainly for children, in addition
to social areas and a cafeteria.

The platform is scheduled for delivery in the third quarter of 2015.

This project marks a new stage in the vibrant growth of the Aube logistics park,
where Concerto European Developer recently delivered two platforms of nearly
25,000 sqm to Eurodif and 19,000 sqm to Devanlay. According to its managers,
"This new signature demonstrates again the potential of a zone that has the
capacity to become a major logistics hub in particular for textile industry
companies. Other major brands are considering relocating there".

ABOUT AFFINE GROUP

Affine is a property company specialising in commercial property. At the end of
2013 Affine owned 60 buildings with a total value of EUR627m, inclusive of
taxes, spread over a total floor area of 549,000 sqm. The company owns office
properties (54%), retail properties (21%), warehouses and industrial premises
(25%). Its assets are evenly divided between Ile-de-France (Paris region) and
other French regions.

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 2013,
Banimmo had total assets of 19 office and commercial buildings, with a value of
EUR367 million. Finally, it also has a 99.9%-owned subsidiary Concerto European
Developer specialising in logistics development operations.

Total Group assets are EUR993m.

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: FR0000036105) and admitted to the deferred
settlement service (long only). It is represented in the CAC Mid&Small, SIIC
IEIF and EPRA indices. Banimmo is also listed on NYSE Euronext. www.affine.fr

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

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AFFINE (EPA:IML) Concerto European Developer signs a contract to build a 43,500 sqm logistics platform for Petit Bateau in Troyes

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