Cegereal, the French Core Office REIT : Acquisition of the Hanami campus, 30,000 sq.m of office space in Rueil-Malmaison
(Thomson Reuters ONE) -
Paris, September 5, 2016 - 8:00 a.m.
Permanent information
Cegereal
Acquisition of the Hanami campus,
30,000 sq.m of office space in Rueil-Malmaison
Cegereal has signed an agreement with a Dutch company for the acquisition of the
Hanami campus in Rueil-Malmaison, the green city in the Western Crescent of
Greater Paris.
Located minutes by foot from the RER A train line, which offers direct access to
La Défense and downtown Paris, this 30,000 sq.m office complex comprises eight
office buildings with a wide range of services spread over 3 hectares on an
exceptional, landscaped site on the banks of the Seine. Designed by Valode &
Pistre in 1991, it is currently undergoing an environmental audit and extensive
refurbishment, which delivery is scheduled for end 2016.
The Hanami campus is leased to first-class tenants (Axens, Vinci Environnement
and Brandt) and has an occupancy rate of 91% and an average lease duration of
eight years. As part of the transaction, Cegereal valued the site at ?152
million, corresponding to a stable rate of return of 6.6%.
The acquisition is scheduled to be completed before the end of the year.
"This first acquisition is a great opportunity offering solid returns," said
Raphaël Tréguier, CEO of Cegereal. "This flexible, responsible office complex
located within Greater Paris dates back to 1991 but is resolutely modern and
open to change. It boasts a range of qualities essential for large companies
looking to provide their employees with an efficient workplace that ensures
their well-being."
Cegereal was advised in the acquisition by White & Case, Fidal and Attal &
Associés.
For more information, please contact:
Media Relations Investor Relations
Aliénor Miens / +33 1 53 32 84 77 Raphaël Tréguier / +33 1 42 25 76 36
alienor.miens(at)citigate.fr raphael.treguier(at)cegereal.com
About Cegereal
Created in 2006, Cegereal is a commercial property company that invests in prime
office properties in Greater Paris. The portfolio's appraisal value is estimated
at ?1,040 million as of June 30, 2016 (replacement value).
To date, Cegereal is the first French property company with a fully certified
portfolio from an environmental point of view (HQE and BREEAM "Very Good") and
benefits from the Green Star rating in the international benchmark GRESB.
Cegereal is a REIT listed on Euronext Paris since 2006, in compartment B (ISIN:
FR0010309096). The Company had a market capitalization of ?507 million on August
31, 2016.
www.cegereal.com.
Pdf press release:
http://hugin.info/155833/R/2039416/760178.pdf
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Cegereal SA via GlobeNewswire
Unternehmensinformation / Kurzprofil:
Datum: 05.09.2016 - 08:00 Uhr
Sprache: Deutsch
News-ID 492646
Anzahl Zeichen: 3724
contact information:
Town:
Paris
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 190 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Cegereal, the French Core Office REIT : Acquisition of the Hanami campus, 30,000 sq.m of office space in Rueil-Malmaison"
steht unter der journalistisch-redaktionellen Verantwortung von
Cegereal SA (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
