Highlights

Capital increase of 51 million euros
Foncière Europe Logistique signed leases for a surface area of almost 558,000 sq.m of which 381,000 sq.m of renewals and 177,000 sq.m of new leases.
Foncière Europe Logistique disposed of 4 properties in 2009 for a total of €35 million: Sénart 7, Vitrolles, Aulnay and Steinhagen.
An offer to sell relating to the Postal Sorting Centre in Pantin was signed in 2009 for a total amount of €8.7 million.

Disposal of the logistics asset Metz Tremery for €7.1 million
Les Quais de L'Atlantique in Dunkirk: delivery of the first 20,000 square meter building (eventually 40,000 sq.m)
Delivery of the turnkey dispatch centre at the Corbas Mérieux site (15,000 sq.m) on behalf of Géodis
Implementation, under the management of François de la Rochefoucauld, of a specific new organisational structure within Foncière Europe Logistique, based around a logistics centre, activities and the Garonor site
Delivery of 30,000 sq.m - on 70 hectares – at the Parc Logistique Trimodal in Bollène.

Capital increase of €40million. Cardif Assurance Vie, BNPP insurance branch, enters the capital of FEL.
Contribution in kind by Morgan Stanley of €162 million worth of assets
Acquisition of the Garonor portfolio for €423 million
Contribution in kind by FDR and Sophia GE of assets worth a total of €792 million
Adoption of the SIIC (listed property investment company) status
FEL changes its legal form to a Société en Commandite par Actions (Partnership limited by shares). Capital increase reserved for Foncière des Régions and other investors.
Acquisition of a logistics centre with a surface area of 208,000 sq.m in Bollène, the largest business park in the Vaucluse region
Filing of a simplified takeover bid initiated by Foncière des Régions for the shares in Foncière Europe Logistique
FDR acquires control of Citel, renamed Foncière Europe Logistique.

Autumn: the FEL project is launched
Signature of a MoU between FDR and GE Real Estate, via the subsidiary SOPHIA GE to transfer assets worth around €695 million and €100 million respectively to the future entity of the DFR group.
Under the terms of the agreement with SNCF, Foncière des Régions becomes the sole owner of an 18-hectare property, called “IPB”, in Pantin, a significant asset in its portfolio.
Foncière des Régions steps up its involvement in the logistics sector (Saint-Martin de Crau, Bollène and Dunkirk).

Publications