PARIS--(BUSINESS WIRE)--Regulatory News:
HUGO BOSS France has signed a lease for 2,500 sq.m. of offices in the “LOUVRE DES ENTREPRISES”, which is located on the Place du Palais Royal in the 1st arrondissement of Paris and is owned by SOCIETE FONCIERE LYONNAISE (Paris:FLY).
HUGO BOSS will establish its Parisian headquarters in these fully renovated offices.
The Louvre des Entreprises has long been occupied by major public institutions such as the Council of State and the Bank of France, which are now releasing very large work spaces and which will continue to do so in the future. This is creating opportunities for leading businesses to establish high-quality offices in a unique and exceptionally well-connected building.
In this transaction, HUGO BOSS was advised by CATELLA PROPERTY and SFL was advised by KEOPS Colliers International.
With an exceptional portfolio of properties valued at €3.8 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- Stable outlook