SFL Acquires Pasteur Building from Primonial Reim France
February 28 2022 - 11:49AM
Business Wire
Regulatory News:
SFL (Paris:FLY) and Primonial Reim France entered into an
agreement under which Primonial Reim France undertakes to sell to
SFL all the shares of SCI Pasteur, which owns the Pasteur building.
Located at 91-93 Boulevard Pasteur in Paris' 15th arrondissement,
the property has a total surface area of more than 39,500 sq.m. and
is fully occupied by Amundi under a 12-year, non-cancellable lease
effective from 1 February 2022.
This transaction is fully in line with SFL's strategy of
strengthening its position in central Paris with large, highly
accessible assets offering medium- to long-term redevelopment
prospects.
About SFL
Leader in the prime segment of the Parisian commercial real
estate market, Société Foncière Lyonnaise stands out for the
quality of its property portfolio, which is valued at €7.6 billion
and is focused on the Central Business District of Paris
(#cloud.paris, Edouard VII, Washington Plaza, etc.) and for the
quality of its client portfolio, which is composed of prestigious
companies in the consulting, media, digital, luxury, finance and
insurance sectors. As France’s oldest property company, SFL
demonstrates year after year an unwavering commitment to its
strategy focused on creating a high value in use for users and,
ultimately, substantial appraisal values for its properties.
Stock market: Euronext Paris Compartment A – Euronext Paris ISIN
FR0000033409 – Bloomberg: FLY FP – Reuters: FLYP PA
S&P rating: BBB+ stable outlook
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version on businesswire.com: https://www.businesswire.com/news/home/20220228005920/en/
SFL - Thomas Fareng - T +33 (0)1 42 97 27 00 -
t.fareng@fonciere-lyonnaise.com Evidence - Grégoire Silly -
T +33 (0)6 99 10 78 99 - gregoire.silly@evidenceparis.fr
www.fonciere-lyonnaise.com
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