Regulatory News:
Société Foncière Lyonnaise (SFL) (Paris:FLY) has leased a 222 square-metre retail unit in the heart of Paris´s Edouard VII district to Autolib´, a French electric car-sharing service scheduled to launch operations in December.
Located at 5 rue Edouard VII in the 9th arrondissement, the premises will house Autolib´s future showroom, where Bluecar hirecars and the subscription, hiring and recharging process will be presented to the public.
As SFL gears up to unveil its new design project for the Edouard VII property, the Autolib´ lease marks the third transaction for the building since the beginning of the year, after NGE and Vistaprint.
With an exceptional portfolio of properties valued at €3.2 billion including transfer costs, essentially located in the Paris Central Business District, SFL is a preferred vehicle for investors wishing to invest in the Paris office and retail property market. As the leading player in this market, the Group is firmly focused on pro-actively managing high-quality property assets. SFL has elected to be taxed as an SIIC since 2003.
STOCK MARKET:
Euronext Paris Compartment A "´ Euronext Paris ISIN FR0000033409 "´ Bloomberg: FLY FP "´ Reuters: FLYP PA
RATING S&P: BBB- stable
