ANF Immobilier: Player in Commerial Real Estate Rejuvenation in Regional Cities
ANF Immobilier is a French listed real estate Investment company which owns a diversified portfolio of French office, retail, hotel and residential property worth €1,107 million. The Company is transforming and is oriented toward commercial properties, value creation and the growth of dynamic regional metropolises. It currently has offices in Bordeaux, Lyon and Marseille.
ANF Immobilier’s portfolio totals 390,000 sq.m., including 264,000 sq.m. of built assets and 126,000 sq.m. of projects under development. Marseille, Lyon and Bordeaux respectively account for 56%, 28% and 4% of surface areas. ANF Immobilier also owns hotels in France, representing 12% of the properties (44,000 sq.m.).
At December 31, 2014, the portfolio’s gross rental income amounted to €40.1 million, 34% of which comes from office leases, 31% from retail, 18% from residential, 13% from hotels.