• PROFILE
  • Message from
    the Chairman of the Supervisory Board
  • Interview with
    the Chairman of the Executive Board
  • Goals/Strategy
  • Corporate governance
  • Teams
  • History
• PROPERTY PORTFOLIO
  • Property appraisal
  • Lyons:
  •     Presentation
  •     Property location map
  •     History
  • Marseille:
  •     Presentation
  •     Property location map
  •     History
  • B&B
• DEVELOPMENTS
  • Completed
  • Committed - secured
  • Development program
• Sustainable development
  • HQE® standard
  • ANF's assets
  • Achievements in 2009
  • Main plans for 2010
  • Human resource
• FINANCIAL CALENDAR
• INVESTORS RELATIONS
  • Key figures
  • Live share price
    information
  • Analyst Coverage
  • Financial calendar
  • Shareholders’ Meeting
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  • Regulated information
  • Useful information
  • Investors Contact
• COMMUNICATION
  • Press releases
  • Highlights of 2009
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ANF: a major real estate investor

ANF is a major real estate operator in the Lyon and Marseille city centres as well as also holding a large portfolio of hotel properties in France.

Appraised at €1,573 million as of December 31, 2010, ANF’s real estate assets are comprised of buildings covering 260,000 square metres, around 130,000 square metres in new developments and 166 hotel properties leased to France’s third largest hotel chain, B&B. The properties break down as follows:

• Lyon city centre: 56 mixed-use Haussmann-style properties (49% retail premises, 22% residential units and 29% offi ce space)*.
• Marseille city centre: 179 mixed-use Haussmann-style properties (37% retail premises, 38% residential units, 16% offi ce space and 9% other)*. This prime city centre location with a heavy retail component – in high-growth potential cities– and the diverse tenant base means that ANF’s rental income is particularly protected against any decline in consumption and able to withstand economic diffi culties.

The portfolio of hotel properties spread across France is leased (minimum 12-year terms, expiring in 2019) at fi xed, indexed rents, providing a steady, secure stream of rental income.

By virtue of their diversity, ANF’s real estate assets thus provide it with a sound and resilient base.