Cegereal, the French Core Office REIT - Huawei Technologies expands its lease at Arcs de Seine

Cegereal, the French Core Office REIT - Huawei Technologies expands its lease at Arcs de Seine

ID: 529962

(Thomson Reuters ONE) -


Paris, March 14, 2017 - 8:00 a.m.
Permanent information

Cegereal

Huawei Technologies expands its lease at Arcs de Seine


Cegeral today announced that Huawei, one of the world's leading
telecommunications providers, has expanded its lease at the Arcs de Seine
property by doubling the space it occupies from 5,200 sq.m to 11,700 sq.m, for a
minimum lease term of six years.

The Arcs de Seine office campus is located on the banks of the Seine in the
heart of TMT Valley in Boulogne-Billancourt, a Greater Paris hub for the major
players in the fast-growing communications and tech industries.

The Arcs de Seine occupancy rate now stands at 94% and virtually most of the
space recently vacated by Boursorama has been relet. The remaining available
surface area represents just 2,500 sq.m.



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 ?1,209 million as of December 31, 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
ranks as "Sector Leader" 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 ?495 million on March
13, 2017.
www.cegereal.com.


PDF Press Release:
http://hugin.info/155833/R/2087122/787627.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




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Bereitgestellt von Benutzer: hugin
Datum: 14.03.2017 - 08:01 Uhr
Sprache: Deutsch
News-ID 529962
Anzahl Zeichen: 2676

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Paris



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