Cegereal, the French Core Office REIT - Cegereal completes the acquisition of the Hanami campus
Paris, December 16, 2016 - 8:00 a.m. Permanent information
Cegereal completes the acquisition of the Hanami campus
On December 15, 2016, Cegereal completed the acquisition of the property fund (organisme de placement collectif immobilier) that holds the Hanami campus, a 30,000 sq.m office complex of eight office buildings in Rueil-Malmaison.
In the press release that announced the transaction to the market on September 5, 2016, Raphaël Tréguier, CEO of Cegereal, said: "This first acquisition is a great opportunity offering solid returns. 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."
The financing for the transaction was provided by Société Générale and La Banque Postale.
Cegereal was advised in the acquisition by White & Case, Fidal, Deloitte 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 email@example.com firstname.lastname@example.org
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 ?490 million on December 14, 2016. www.cegereal.com
PDF Press Release: http://hugin.info/155833/R/2065812/775497.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