Paris, April 16, 2015 - 8:00 a.m.
Quarterly financial information
Cegereal -Success of Arcs de Seine
- Portfolio value (+5%)
Supported by the return of institutional investors on quality office segment in the Greater Paris, the portfolio value increased by 5% leading the company value up to €40.6 per share, at the end of March 2015.
| in millions of euros, as at March 31st, 2015 | Q1 2015 | Q1 2014 | % |
| IFRS rental income 1Q15 | 10.7 | 11.0 | -2.7% |
| Portfolio value (replacement value) | 946 | 901 | +5.0% |
| In euros per share, as at March 31st, 2015 | |||
| EPRA NNNAV | 36.0 | 34.1 | +5.6% |
| NAV per share | 40.6 | 38.0 | +6.8% |
| Stock price | 29.5 | 24.4 | +20.9% |
| Dividend | 1.65 | 1.50 | +10.0% |
- Increase in occupancy rate up to 91%
In January 2015, Cegereal signed two new leases in Arcs de Seine for a period of 6 years on 2,800 sqm. with Amgen and 1,400 sqm. with Exclusive Networks. The marketing of the site was achieved with the signing of a lease with Boursorama on 1,400 sq.m.
As of April 1, 2015, Arcs de Seine is fully leased with a weighted average residual duration of leases above 6 years.
The global occupancy rate of the portfolio rose from 88.6% to 90.9% year on year.
- Dividends to be distributed in 2015: €1.65 per share
During the Annual Meeting on April 15, 2015, the shareholders approved the annual accounts and the distribution of €1.65 in dividends per share in 2015, to be paid on July 16, 2015.
- Agenda
April 27-28, 2015 Participation to European Smallcap Event, in Paris
July 14, 2015 Ex-dividend date
July 16, 2015 Payment of the 2014 dividend
July 24, 2015 First-half 2015 results
October 22, 2015 Quarterly financial information as of October 31st, 2015
For further information, please contact:
| Investor Relations | Media relations |
| Raphaël Tréguier / +33 (0)1 42 25 76 36 / | Aliénor Miens / +33 (0)1 53 32 84 77 / |
| raphael.treguier@cegereal.com | alienor.miens@citigate.fr |
About Cegereal
Created in 2006, Cegereal is a commercial property company that invests in prime office properties in Greater Paris. The portfolio's appraisal value is estimated by independent valuers DTZ Eurexi at €946 million as of March 31, 2015 (replacement value).
To date, the company is the first French property company with a fully certified portfolio from an environmental point of view (HQE and BREEAM 'Very Good') and benefits from the Green Star rating in the international benchmark GRESB.
Cegereal is a REIT listed on Euronext Paris since 2006, in compartment B, with a market capitalization totaled €400 million as of March 31, 2015
The annual results presentation and video can be viewed on the Company's website: www.cegereal.com.
