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 and logistic engineering (Concerto Développement);

• 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.