Covivio — Share Issue/Capital Change 2015

Jun 16, 2015

PRESS RELEASE

Paris, 16 June 2015

Foncière des Régions, via its subsidiary FDM Management, has raised funds of €172 million

Caisse des Dépôts, Crédit Agricole Assurances and Sogécap secure a stake in FDM Management

On this occasion, Caisse des Dépôts, Crédit Agricole Assurances and Sogécap - the life insurance subsidiary of Société Générale Group - secured a stake in FDM Management, a vehicle created by Foncière des Régions in December 2014 to make the Group's hotel investments through management contracts or franchise agreements. With an investment capacity of approximately €350 million for 2015, FDM Management has already completed two major transactions representing total investment of €104 million*.

This successful effort to raise equity capital shows the growing interest of long-term investors in hotel real estate. It also proves the relevance of the partnership model of Foncière des Régions, currently a French leader in hotel ownership and the main real estate partner of major European players in the sector (Accor, B&B Hôtels, Louvre Hotels Group, NH Hotel Group, Motel One and Meininger), via its subsidiary Foncière des Murs.

The capital of FDM Management is now broken down as follows: Foncière des Murs (40.8%), ACM Vie SA (11.6%), BNP Paribas Cardif (11.6%), Caisse des Dépôts (11.6%), Crédit Agricole Assurances (11.6%) and Sogécap (11.6%).

"With this fundraising and these new long-term investors, Foncière des Régions will speed up its development in the European hotel sector", said Dominique Ozanne, Managing Director of Hotels & Hospitality Management at Foncière des Régions and Chairman of FDM Management.

Contacts

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

* Transactions announced on 15th December 2014: click here

Foncière des Régions, co-créateur d'histoires immobilières

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 its two-fold real estate strategy: adding value to existing urban property and designing buildings for the future.

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

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