Information  X 
Enter a valid email address
  Print      Mail a friend       More announcements

Monday 04 July, 2011

nexity

NEXITY: Nexity has sold the 3rd building in the...








Nexity  has sold the 3rd building in the  Viale Edison Center operation (Milan -
Italy)


Paris  La Défense,  Monday July  4, 2011 - Nexity  has sold  the third and final
office  building  in  the  Viale  Edison  Center operation, located in Sesto San
Giovanni near Milan, to investor Commerz Real (Commerzbank group), which already
owns several business centers in Milan region.


The Viale Edison Center office platform comprises three buildings. The first two
of  these, with a lettable area  of approximately 23,000 sq.m, were delivered in
October  2009. They  have  underground  parking  spaces,  a  private terrace and
storage  areas under the buildings. The third  building, with a lettable area of
approximately  12,000 sq.m has  just been  delivered and  sold to  Commerz Real,
which had already acquired the first two buildings for its hausInvest fund, thus
marking the complete sale of the operation.



From  its location on  the former Magneti  Marelli industrial site  next to land
formerly  occupied by the Falck metalwork plant, all Viale Edison Center offices
are included in an urban renewal zone which will ultimately comprise residential
units,  offices, public buildings  and a university  center. On the outskirts of
Milan,  Viale Edison Center  is located right  next to the  metro and train line
(with  direct access to central Milan),  and the Tangenziale ringroad, providing
direct access to Linate and Malpensa airports.



Nexity  Group  has  had  a  growing  property  development business in Italy for
several  years, operating  in both  the residential  and commercial  real estate
segments.







About Nexity
A fully integrated real estate group in France, Nexity uses its comprehensive
range of sector-specific expertise to serve the private individuals, companies
and local authorities: property development (homes, land subdivision, offices,
logistics platforms, hotels and other businesses), real estate services for
private individuals and companies, franchise networks, asset management and
urban regeneration. Nexity can today provide global responses to the needs of
its customers all over the territory. Nexity is also present in Europe.


Nexity is listed on the SRD and on Euronext's Compartment A

Member  of the  Indices: SBF80,  SBF120, CACMid60,  CAC Mid  & Small and CAC All
Tradable

Mnemo: NXI - Reuters: NXI.PA - Bloomberg: NXI FP

ISIN code: FR0010112524


Nexity Contacts

Analysts/Investors                 Press

Olivier SEUX  +33 (0)1 71 12 15 49 Blandine CASTAREDE  +33 (0)1 71 12 15 52

Investor Relations Director        Vice-President, communication and brand
                                   strategy

[email protected]        [email protected]






Sesto: 


http://hugin.info/143515/R/1528243/463962.pdf




This announcement is distributed by Thomson Reuters on behalf of 
Thomson Reuters clients. The owner of this announcement warrants that: 
(i) the releases contained herein are protected by copyright and 
    other applicable laws; and 
(ii) they are solely responsible for the content, accuracy and 
     originality of the information contained therein. 
    
Source: nexity via Thomson Reuters ONE

[HUG#1528243] 
  



                                                                     

a d v e r t i s e m e n t