Press release

Sale of the Solis building in Les Ulis (91) for €11.0 million

Paris, 13 July 2016: MRM (Euronext code ISIN: FR0000060196), a real estate company specialising in retail and office property, announces today the sale of Solis, an office building located in Les Ulis (91), to a private property investment company, for €11.0 million (excluding transfer taxes). This 10,400 sqm building is fully occupied by a sole tenant.

The sale of the Solis building is part of MRM's strategic drive to refocus progressively on retail property ownership and management. This disposal has increased to €66.9 million the total amount of office asset disposition proceeds since MRM launched its strategy in June 2013. Solis is the sixth office disposition out of the nine properties held by MRM at that date.

MRM was advised on this transaction by CBRE Global Investors, asset manager, as well as by notary firm Lasaygues et Associés.

Calendar

MRM's 2016 first-half results are due for publication on 29 July 2016 before market opening.

                                                                                                                     

About MRM

MRM is a listed real estate company with a portfolio worth €226.0 million (excluding transfer taxes) as at 31 December 2015, comprising retail properties (64%) and offices (36%). Since 29 May 2013, SCOR SE has been MRM's main shareholder, holding a 59.9% stake. MRM is listed in compartment C of Euronext Paris (ISIN: FR0000060196 - Bloomberg code: MRM: FP - Reuters code: MRM.PA) and opted for the SIIC status on 1 January 2008.

For more information:

MRM
5, avenue Kléber
75795 Paris Cedex 16 
France
T +33 (0)1 58 44 70 00 relation_finances@mrminvest.com 
Isabelle Laurent
DDB Financial
54, rue de Clichy
75009 Paris
France
T +33 (0)1 53 32 61 51 isabelle.laurent@ddbfinancial.fr

Website: www.mrminvest.com

MRM Press release in PDF



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX 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: MRM via Globenewswire

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