ANF Immobilier Sells Most of Its Marseille Assets and One Asset in Lyon to Primonial REIM for €400 Million
November 30 2017 - 12:00PM
Business Wire
Regulatory News:
ANF Immobilier (Paris:ANF) announces that today it completed the
sale of almost all of its “Legacy” real estate portfolio mixed used
assets mainly located in Marseille and of one retail asset in Lyon,
to two funds managed by Primonial REIM, for an aggregate price of
400 million euros excluding duties.
This sale has taken place following the entry into two binding
promises to sell on October 23, 2017, which stemmed from the
authorization granted on that same day by ANF Immobilier's
Supervisory Board, based on a favorable opinion by ANF Immobilier's
employee representative bodies and the report drawn up by Finexsi,
represented by Mr. Peronnet, appointed as independent expert, and
which is conclusive as to the fairness of the financial conditions
of such sale.
About ANF ImmobilierANF
Immobilier (ISIN: FR0000063091) is a listed real estate investment
company that focuses on commercial real estate, value creation and
supporting large, dynamic, regional cities in France. It currently
has operations in Bordeaux, Lyon, Marseille and Toulouse. Listed on
Euronext Paris, ANF Immobilier is included in the EPRA real estate
index.http://www.anf-immobilier.com
This press release is solely for information purposes and
constitutes neither an offer to sell or purchase securities nor a
request for such an offer in any country, including France. This
press release may not be distributed in or sent to the United
States of America and may not be used to solicit any person in the
United States of America for the purchase or sale of ANF Immobilier
securities. Icade does not solicit ANF Immobilier shareholders in
the United States of America to tender their ANF Immobilier
securities. The circulation, publication or dissemination of this
press release is prohibited in any country in which such
circulation, publication or dissemination would constitute a
violation of the applicable law or regulations or would subject
Icade to any legal requirements.
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