Covivio — Capital/Financing Update 2014

Sep 4, 2014

Not for distribution, directly or indirectly, in the United States of America, Australia, Japan or Canada

PRESS RELEASE

Paris, 3 September 2014

Foncière des Régions has successfully priced a € 500 million 7-year bond issue

Foncière des Régions has successfully priced a € 500 million bond issue, maturing in September 2021, offering a 1.75% coupon (margin of 105 bps above the swap rate).

This issue will enable Foncière des Régions to pursue its strategy of financing diversification, reduction of the cost of its debt and extension of its maturity.

Application will be made to Euronext Paris S.A. for the Notes to be admitted to trading on Euronext Paris and to the Autorité des Marchés Financiers for approval of the prospectus. Settlement and admission to trading on Euronext Paris of the Notes should occur on 10 September 2014.

This press release and the information contained herein do not constitute an offer to sell or subscribe, nor a solicitation of an order to purchase or subscribe the notes in any country, in particular in the United States. The distribution of this press release may be restricted in some countries and be subject to specific regulations and persons in possession of this press release should inform themselves about and comply with any applicable restrictions.

Press Relations Géraldine Lemoine Tel : + 33 (0)1 58 97 51 00 geraldine.lemoine@fdr.fr

Investor Relations Paul Arkwright Tel : + 33 (0)1 58 97 51 85 paul.arkwright@fdr.fr

Foncière des Régions, Real Estate partner

As a key player in real estate, Foncière des Régions has built its growth and its portfolio on the key and characteristic value of partnership. With a total portfolio valued at €16Bn (€10Bn in group share), located in the high-growth markets of France, Germany and Italy, Foncière des Régions is now the recognised partner of companies and territories which it supports with their real estate strategies with a twofold: adding value to existing urban property and designing buildings for the future.

Foncière des Régions mainly works alongside Key Accounts (Suez Environnement, Thales, Dassault Systèmes, Orange, EDF, IBM, and Eiffage, etc.) in the Offices market as well as being a pioneering and astute operator in the two other profitable sectors of Residential market in Germany and Hotels.

Foncière des Régions shares are listed in the Euronext Paris A compartment (FR0000064578 - FDR), are admitted for trading on the SRD, and are included in the composition of the MSCI, SBF 120, Euronext IEIF "SIIC France" and CAC Mid100 indices, in the "EPRA" and "GPR 250" benchmark European real estate indices, and in the FTSE4 Good, DJSI World and NYSE Euronext Vigeo (World 120, Eurozone 120, Europe 120 et France 20) ethics indices. Foncière des Régions is rated BBB-/Stable by Standard and Poor's.

www.en.foncieredesregions.fr