Sale of an office building located Rue de la Bourse, Paris (2nd district) for €10.35 million
Paris, 17 December 2013: MRM (Euronext ISIN code FR00000601960060196), a real estate investment company specialising in retail and office property, announced today the sale of the office building located 12 Rue de la Bourse, Paris (2nd district) to SCPI Fructipierre, managed by NAMI AEW Europe.
This multi-tenant building is fully occupied and has a total area of 1,114 sqm. It has been sold for a price of €10.35 million (excluding transfer taxes).
The sale of this asset forms part of the strategy of gradually refocusing MRM's business activities on the ownership and management of retail properties.
MRM was advised by CBRE Global Investors, MRM's asset manager, and Jones Lang Lasalle, as well as by notary firm Didier Lasaygues et Associés. The buyer was advised by notary firm Prud'homme et Baum.
Calendar
Revenues for the fourth quarter of 2013 and 2013 full-year results are due on 27 February 2014 before market opening and will be presented during an information meeting to be held on the same day.
About MRM
MRM is a listed real estate company with a portfolio worth €268.0 million (excluding transfer taxes) as at 30 June 2013, comprising retail properties (57.5%) and offices (42.5%). Since 29 May 2013, SCOR SE has been MRM's main shareholder, holding a 59.9% stake. On the same day, MRM and its subsidiaries have concluded with CBRE Global Investors a new real estate asset management agreement. MRM is listed in compartment C of NYSE Euronext Paris (ISIN: FR0000060196 - Bloomberg code: MRM:FP - Reuters code: MRM.PA). It opted for the SIIC status on 1 January 2008.
For more information
MRM contacts:
MRM
5, avenue Kléber
75795 Paris Cedex 16 - France
T +33 (0)1 58 44 71 98
relation_finances@mrminvest.com
Contact presse :
Isabelle Laurent - DDB Financial
54, rue de Clichy
75009 Paris - France
T +33 (0)1 53 32 61 51
isabelle.laurent@ddbfinancial.fr
Site Internet : www.mrminvest.com
