AFFINE (EPA:IML) Affine inaugurates the Tangram in Lyon

Transparency directive : regulatory news

19/01/2016 18:00

Paris, 19 January 2016, 6:00 p.m.

Affine inaugurates the Tangram in Lyon

The Tangram, a 5,915 sqm office building redeveloped by Affine and located near
the Part-Dieu train station in Lyon, was inaugurated today.

The inauguration marks the rebirth of the site. With a new name, the Tangram
building wants to emphasise its modularity and thus show the expertise of Affine
in terms of refurbishment and repositioning.

The Tangram building is located in the 7th arrondissement, in the district of La
Part-Dieu, near Gerland. It is located on Boulevard des Tchécoslovaques, an
extension of Boulevard Vivier Merle. This mixed area, with residences and
offices, enjoys good public transportation service with two underground stations
nearby, numerous bus lines and access to the tram.

Purchased in early 2011 for EUR10.5m (including transfer taxes), the building
has undergone an extensive EUR7.7m redevelopment programme planned since its
acquisition.

Designed by the architecture agency Laurent Bansac and built by the construction
company Société Nouvelle Jean Nallet, the operation involved surface area
extensions (+1,015 sqm), a complete facelift of the facade and amenities found
in new buildings.

Works began in the second half of 2014 and delivery was organised in two stages:
2,750 sqm in Q3 2015 occupied by ISCOM under a 12-year lease and 3,165 sqm in
early 2016, which is now in the process of letting.

As part of the refurbishment programme, Affine obtained the DEFFIBAT subsidy
granted by ADEME aimed at encouraging best initiatives in the Rhône-Alpes
region related to low energy consumption, as well as concern for environmental
and health challenges (quality of life and use, water, waste, etc.). The tenants
will be moving into brand new offices entirely fitted with LED lights.

Affine is aiming for a BBC Rénovation Effinergie label for the Tangram
building.

In this transaction, Brice Robert Arthur Loyd acted as adviser to the owner and
to the lessee, under a co-exclusive mandate with BNP Paribas Real Estate.

ABOUT AFFINE

Affine is a real estate company specialising in commercial property. At the end
of June 2015, it directly owned 55 buildings with a total value of EUR570m,
excluding taxes, for a total floor area of 528,500 sqm. The firm owns office
properties (53%), retail properties (22%) and warehouses and industrial premises
(25 %). Its assets are distributed more or less equally between Ile-de France
and the 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 June
2015, Banimmo had total assets of 21 office and commercial buildings, with a
value of EUR384m (taxes included).

Total Group assets are EUR988m (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) and admitted to the Deferred Settlement Service (long only).
It is included in the CAC Mid&Small, SIIC IEIF and EPRA indexes. Banimmo is also
listed on NYSE Euronext.

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

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

PRESS RELATIONS
RPpublics - Alexandra Richert
+33 (0)1 45 23 55 01 - alexandra.richert@rppublics.com

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14/12/2018 18:00

AFFINE (EPA:IML) Affine inaugurates the Tangram in Lyon

Transparency directive : regulatory news

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