ANF Immobilier Finalizes the Acquisition of the Commercial Real Estate Assets of Centreda & Confirms Its Presence in the Toul...
March 30 2017 - 12:00PM
Business Wire
Regulatory News:
In March 24, 2017, ANF Immobilier (Paris:ANF) announced the
completion of its acquisition of the Centreda real estate complex
in the Blagnac district of Toulouse. In December 2016, the real
estate company had signed a promise to buy two buildings comprising
16,151 sq.m. of office space with a potential future extension of
4,000 sq.m. The complex is strategically located near the head
office of Airbus and the Toulouse Blagnac airport and leases to
major users including CIMPA (Sopra Steria Group), Rockwell Collins
and Altran. It represents an initial investment excluding stamp
duties of €17.5 million and will generate additional gross revenue
of €2 million.
The investment is at the heart of ANF Immobilier's growth
strategy. The Real Estate Investment Trust is indeed the leading
player in commercial real estate renewal in regional metropolitan
areas. Toulouse is the fourth most populated city in France. It
enjoys a very dynamic economic environment thanks, notably, to the
aerospace and energy industries. The regional metropolitan area is
undertaking extensive development of its infrastructure and office
space. It is the third largest office space market in France
(approximately 4.2 million sq.m.) with take up of nearly 130,000
sq.m. on average over the past ten years and 170,000 sq.m. in 2016,
demonstrating its accelerated growth.
The two Centreda assets are the first step in a long-term
strategy for ANF Immobilier in the Toulouse metropolitan region. In
future, ANF Immobilier will seek opportunities in dynamic Toulouse
neighborhoods which are promising in terms of value creation.
Toulouse expands ANF Immobilier's geographical investment scope and
constitutes a new opportunity for development and growth.
Ghislaine Seguin, Deputy Chief Executive Officer of ANF
Immobilier stated that: "We're very happy with the completion of
this first investment in Toulouse. It's the first step in ANF
Immobilier's long-term growth in this metropolitan area. It
validates our growth strategy focused on our role as a business
partner of companies located in strategic metropolitan areas via
high-potential investments in commercial real estate."
Advisors:
- Lawyers: Fairway, Archers, Fidal,
CMS
- Notary: Oudot & Associés, Uguen
Vidalenc & Associés, André Begon, Philippe Herbert, Cécile
Bougeard, Jean-Pierre Brulon, Bertrand Bonneau and Samuel Auger,
Notaries
Bank: Banque Européenne du Crédit Mutuel
About ANF Immobilier
General Meeting
May 10, 2017 at 2:00 PM
Publication of Q1 2017 revenues
May 10, 2017
ANF Immobilier (ISIN FR0000063091) is a French listed real
estate investment company which owns a diversified portfolio of
French office, retail, hotel and residential property worth €1,068
million. The Company is transforming and is oriented toward
commercial properties, value creation and the growth of dynamic
regional metropolises. It currently has offices in Bordeaux, Lyon,
Marseille and Toulouse. Listed on Eurolist B of Euronext Paris and
included in the EPRA real estate index, ANF Immobilier is a company
of the Eurazeo Group.http://www.anf-immobilier.com
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version on businesswire.com: http://www.businesswire.com/news/home/20170330005867/en/
ANF Immobilier:Laurent Milleron, Tel: +33 1 44 15
01 11investorrelations@anf-immobilier.comorPress
contact:Renaud Large, Tel: +33 1 58 47 96
30renaud.large@havasww.com
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