Cegereal, the French Core Office REIT: A new Green Star in the GRESB ranking

Press release
Paris, October 31, 2014 - 8:30 a.m.

Permanent information

Making an impressive debut in the Global Real Estate Sustainability Benchmark (GRESB), Cegereal has been ranked in the survey's highest category, achieving a Green Star status. The company has thus been recognized for its responsible management and sustainable development in the global real estate sector.

GRESB is an international organization dedicated to assessing the sustainability performances of real estate portfolios around the world and benchmarking listed and non-listed companies according to corporate social responsibility (CSR) criteria.

In 2014, its report looked at 637 companies and real estate funds, covering 56,000 buildings with a total value of €1,500 billion.

Cegereal's ranking reflects the extent to which its management team is committed to leading all of its activities in a responsible and sustainable manner. 

Cegereal is currently in the final stages of its Go Green project to become a fully "green" property company:

Europlaza (52,000 sq.m.) and Arcs de Seine (45,000 sq.m.) are the third and fourth buildings in France to be certified compliant with both HQE Exploitation and BREEAM In-Use International Very Good standards. The certification process for the Rives de Bercy building is nearing completion. Cegereal wants to become the first French property company to have all the assets in its portfolio certified to environmental standards by the end of 2014.

For Raphaël Tréguier, CEO of Cegereal:

"We are particularly proud to receive this distinction by GRESB, a prestigious and respected organization with expert knowledge of the real estate sector. Cegereal is pursuing its goal of offering its shareholders and users - both tenants and visitors - a portfolio of modern property assets that meet the most exacting environmental standards. The imminent completion of the Go Green project strengthens our desire to further our initiatives in the area of sustainable development." 

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About Cegereal

Listed on NYSE Euronext Paris since 2006, in compartment B, Cegereal invests in modern office properties located on the outskirts of Paris that offer very high quality amenities and environmental performance. The portfolio's appraisal value, as estimated by independent valuers DTZ Eurexi as of December 31, 2013, is €900 million (replacement value). The Company had a market capitalization of €360 million as of October 29, 2014.

www.cegereal.com

             

Upcoming events

November 13, 2014          Third-quarter 2014 revenue (before start of trading)November 21-22, 2014     Meeting with retail investors at the Salon Actionaria investor fair
                                          at the Palais des Congrès Convention Center, ParisFebruary 13, 2015             2014 annual results (before start of trading)

             

For more information, contact:

Investor Relations
Raphaël Tréguier
+33 1 42 25 76 36
raphael.treguier@cegereal.com

Media Relations
Aliénor Miens
+33 1 53 32 84 77
alienor.miens@citigate.fr

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Source: Cegereal SA via Globenewswire
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