(MENAFN Editorial) Press Release
Paris, February 7, 2018
Arbitration of the Ecosphère Campus
The Board of Directors of Officiis Properties convened today and studied the completed report of the global strategic review of its real estate portfolio that was begun in mid-December 2017[1].It has decided to begin the arbitration process of its three buildings located on the Île de la Jatte of Neuilly sur Seine, and to this effect has missioned Rothschild, with support from Scaprim Asset Management, to conduct and organise the competitive process involved in the sale of these assets.
REOF Holding S.à r.l, the majority shareholder of Officiis Properties, has informed the Board of Directors that if the disposition of the 3 assets of the campus does go through, REOF would commence a process, in accordance with Article 236-6 of the Autorité des Marchés Financiers (AMF) General Regulations, of a public buy-out offer to repurchase all outstanding shares and, if applicable, of all the equity securities and securities giving access to the capital or voting rights of the company that it doesn't own, under such conditions that would enable said offer to be cleared and declared compliant by the AMF.Contact
Pierre Essig, Chief Executive Officer, Officiis Properties
52B, rue de la Bienfaisance, 75008 Paris
Tél. +33 (0)1 83 92 33 86,
For more information, and/or to contact us, visit the company website: https://: https://officiis-properties.com
About Officiis PropertiesOfficiis Properties (previously Züblin Immobilière France) is a listed property company that has opted for SIIC status and invests in office properties. Its real estate portfolio consists of four office buildings in the Paris region.
Officiis Properties shares are listed on Euronext Paris Compartment C, an NYSE Euronext market - ISIN: FR0010298901
[1] Cf. press release on December 13, 2017
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