SFL: Ariba signs lease for 1,600 sq.m in Louvre Des Entreprises
PARIS -- January 22, 2013
SFL (Paris:FLY) has signed a six year lease with Ariba, the world’s leading
business commerce network, for over 1,600 sq.m of office space in the Louvre
The offices will be completely renovated following the departure of the Banque
de France, ahead of the arrival of more than 140 Ariba employees on 1 August
For this transaction, Ariba was advised by Cushman & Wakefield and SFL was
advised by DTZ.
With an exceptional portfolio of properties valued at €3.4 billion including
transfer costs, essentially located in the Paris Central Business District,
SFL is a preferred vehicle for investors wishing to invest in the Paris office
and retail property market. As the leading player in this market, the Group is
firmly focused on pro-actively managing high-quality property assets. SFL has
elected to be taxed as an SIIC since 2003.
Euronext Paris Compartment A – Euronext Paris ISIN FR0000033409 – Bloomberg:
FLY FP – Reuters: FLYP PA
S&P RATING: BBB- /A-3 Stable outlook
Nicolas Reynaud, + 33 (0)1 42 97 01 65
Catherine Meddahi, +33 (0)1 44 82 67 07
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