ANF Immobilier : a major real estate investor
ANF Immobilier is owner and manager of a portfolio of French property worth €1.7 billion. It is a real estate company specializing in large regional urban areas and has a major presence in Lyon and Marseille city centers where it owns the majority of the properties in each city’s Rue de la République. Since 2011 it is also building a strong presence in Bordeaux. ANF Immobilier also possesses a portfolio of hotel premises that are leased to the hotel operator B&B, France's third largest chain of economy hotels.
The constructed assets include:
The 168 hotels, located throughout France are leased with 12-year fixed-term leases expiring in 2019 under fixed and indexed rents, providing a steady and secure source of rental income.
Since 2011, the Company has continued its development in a new regional city, Bordeaux, and intends to pursue its expansion here and, where relevant, in other cities with the same dynamic and value-creation potential.
With a sound and resilient profile, ANF Immobilier is continuing its growth strategy based on generating new rental income and improving the return on its assets. Its aim is to raise its rental income to over €120 million like for like by 2016, while keeping its debt ratio below 35%. ANF Immobilier will also continue to selectively dispose of mature assets to invest in new projects with high value-enhancement potential.
Listed on Euronext Paris (compartment B, ISIN FR0000063091), ANF Immobilier opted for the SIIC (listed real estate investment companies - SIIC) tax status in 2006. Eurazeo, which owned 52% of the Company’s capital at the date of drafting of the Registration Document, is the principal shareholder and it ensures the stability of the Company’s shareholder structure
*as a percentage of 2011 rental income.