ACTIVITIES AND STRENGTHS
The Affine group is one of the leading independent players in the commercial property sector.
Its positioning combines a diverse offering with activities which are complementary: operating directly for rental properties and financial leasing, and through specialized subsidiaries: real estate repositioning (Banimmo, a Belgian company which joined the group in February 2006), property company specialising Parisian commercial building (AffiParis which joined the group in February 2007, logistic engineering (Concerto Développement), development (Promaffine), business centers (BFI) and retail properties (Capucine Investissements);
Rental and leasing businesses are managed by the parent company, Affine, both a French listed property investment company (SIIC) and a credit institution.
Strengths:
The group's independence and its experience in its market;
A core business and the complementarity between its different areas of activity;
The synergies between the companies of the group;
Opportunistic strategy of corporate investments and M&A;
Creative use of corporate finance and the capital markets to optimize value;
An integrated approach and a creative service offering;
A high-quality property portfolio;
A sound financial basis.
The Affine group's growth strategy is based on:
Careful selection of investments and income stream diversification;
Optimisation of financing and risk hedging;
A combination of directs investments (100 to €150m per year), external growth (acquisitions of companies and purchase of portfolios) and long term partnerships;
Monitor subsidiaries' growth.
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