ANF Immobilier Announces the Arrival of King Jouet on Rue De La République in Marseille
July 05 2016 - 12:00PM
Business Wire
Regulatory News:
ANF Immobilier (Paris:ANF) announces the arrival of a 900 sq.m
King Jouet toy store, at 29-31 rue de la République in Marseille.
King Jouet is the 3rd largest toy and game distributor on the
French market.
This store will help to promote business growth in
Marseille
With the arrival of this destination brand, which is a big draw
for families, ANF Immobilier is helping to breathe new life into
Marseille city center, and rue de la République in particular.
Consumers in Marseille will now find that rue de la République
offers an increasingly wide range of national chains aimed at
children and families. These stores have opened with the support of
ANF Immobilier.
The business strategy adopted by the King Jouet Group is
entirely consistent with ANF Immobilier's aim to revive the heart
of Marseille city center. The arrival of King Jouet in Marseille
has enabled the King Jouet Group to expand its regional coverage,
which now comprises 240 points of sale and one website. The
child-centered brand achieves revenues of €250 million under this
brand name.
A real estate offer focused on the economic challenges faced
by the businesses that help to drive the local economy
This operation has enabled ANF Immobilier to further its
involvement in the life of the local economy by seeking destination
brands that can draw in the general public. The arrival of King
Jouet will make a significant contribution to the growth of the
local economy by attracting more than 35,000 customers a year to
the store. King Jouet has over 1,000 employees in France.
King Jouet was able to develop its new store as a result of the
real estate development work carried out by ANF Immobilier on rue
de la République.
For Alain Giraud, Director of business development at the King
Jouet Group: "We had been looking for a new site in Marseille for a
number of months. We are happy to be opening a store on rue de la
République. With ANF Immobilier, we have found a company that is
ready to listen to our business problems, that is aware of the
economic challenges that we face, and is willing to support us in
our future business successes."
For Ghislaine Seguin, Deputy Chief Operating Officer of ANF
Immobilier: "We are extremely happy to see King Jouet's arrival in
Marseille. Our made-to-measure real estate offer, which is aimed at
promoting business development, is helping to breathe new life into
rue de la République. We hope that the arrival of this brand will
add to the number of attractive, high-quality stores on offer to
consumers on rue de la République".
About ANF Immobilier
2016 first half results
July 27, 2016 (Webcast)
2016 third quarter revenues
November 10, 2016
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 €1,107
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
and Marseille. 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/20160705005848/en/
ANF Immobilier contact: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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