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ANF is a major property company operating in the centre of the cities of Lyon and Marseilles. The company also owns a substantial estate of hotels in France.
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2007 key figures :
Rental income : €30.2 million
Floorspace : 400,000 sq. m
Appraised value : €1,382 million
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ANF’s estate, comprising more than 180,000 m2 of property and 159 B&B hotels, was valued at €1,382 million at 31 December 2007. The estate consists of:
- 265,000 m² of mixed-use Haussmann-style buildings (23% retail, 23% offices and 54% apartments) in Lyon and Marseilles.
- 136,000 m² of development projects.
- 159 hotels operated by the B&B chain, which is number 3 in economy hotels.
ANF is resolutely focused on creating value for shareholders. The company plans to upgrade its existing Haussmann-style buildings in the short term and continue expanding through projects for the medium and long term. Acquiring the B&B hotels immediately brought the increase in yield required to implement this strategy.
ANF’s team provides quality services thanks to internal expertise with high value-added skills and implementation of all asset management techniques, combining the property and finance businesses.
ANF is listed on Section A (Large Cap) of the Euronext Paris market. The company has opted for the SIIC regime and has already anticipated the new requirements from 1 January 2009.
ANF is a Eurazeo group company (62.8%).
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