Acquisition of a portfolio of c. 130 office real estate and business assets by Tikehau IM from EDF group property investment
company SOFILO

Tikehau IM acquired from the EDF group property investment company SOFILO a portfolio of
c. 130 office real estate and business assets. The portfolio owns assets located in Ile-de-France and others regions, covering floor space of approximately 300,000 square meters.

The acquisition has been completed by an asset sale with an operational lease with the EDF group by the Tikehau Real Estate II OPCI, managed by Tikehau IM. Catella Asset Management, which assisted Tikehau IM throughout the acquisition phase, will act as asset manager.

This transaction is a new step forward in the execution of EDF's disposal plan for the 2015-2020 period.

This acquisition by Tikehau Real Estate II, whose shareholders include Tikehau Capital, primarily through its dedicated Tikehau Real Estate Investment Company (TREIC), and leading institutional investors, concludes the 7th deal completed since the beginning of 2014 by the Tikehau IM real estate team, which now manages a portfolio with assets of over EUR 1.7 billion.

About EDF:
A key player in energy transition, the EDF Group is an integrated electricity company, active in all areas of the business: generation, transmission, distribution, energy supply and trading, energy services. A global leader in low-carbon energies, the Group has developed a diversified generation mix based on nuclear power, hydropower, new renewable energies and thermal energy. The Group is involved in supplying energy and services to approximately 37.6 million customers, of which 27.8 million in France. The Group generated consolidated sales of €75 billion in 2015, of which 47.2% outside of France. EDF is listed on the Paris Stock Exchange.

About Tikehau Capital:
Tikehau Capital manages €9.9 billion (as of 31 October 2016) for institutional and private investors in various asset classes (listed and private equity, credit, private debt, special situations and real estate), through its asset management subsidiary, Tikehau IM, its listed minority equity investment company, Salvepar, and its long term investment company, Tikehau Capital Partners. Majority-held by its managers alongside first-tier institutional partners, Tikehau Capital has more than 170 employees in offices in Paris, Brussels, London, Milan and Singapore.
www.tikehaucapital.com

About TREIC:
TREIC is a European diversified real-estate investment vehicle owned by leading institutional investors alongside Tikehau Capital. TREIC manages EUR 250 million in commitments, co-investing in real estate deals structured and managed by the Tikehau Capital group. TREIC has already invested EUR 59 million through the TLP I and TRE II funds.