| PRESS RELEASE |
28 November 2018
Sale of a portfolio of more than 200 real estate and business assets by EDF Group to Colony Capital
On 28 November 2018, EDF and its subsidiary Sofilo completed the sale of a portfolio of over 200 office and business assets to investment vehicles managed by Colony Capital.
This portfolio, whose assets are located in Ile-de-France (Paris area) and other regions in France, has a total surface area of approximately 430,000 square meters. The operation was coupled with an operating lease contract by the EDF group.
The closing of this transaction marks the completion of EDF Group`s assets disposal plan for 2015-2020 of €10 billion.
This press release is certified. You can check that it`s genuine at medias.edf.com
About EDF :
A key player in energy transition, the EDF Group is an integrated electricity company, active in all areas of the business: generation, transmission, distribution, energy supply and trading, energy services. A global leader in low-carbon energies, the Group has developed a diversified generation mix based on nuclear power, hydropower, new renewable energies and thermal energy. The Group is involved in supplying energy and services to approximately 35.1 million customers, of which 26.5 million in France. The Group generated consolidated sales of €70 billion in 2017. EDF is listed on the Paris Stock Exchange.
About Colony Capital :
Colony Capital, Inc. (CLNY) is a leading global investment management firm with assets under management of $44 billion. The Company manages capital on behalf of its stockholders, as well as institutional and retail investors in private funds, non-traded and traded real estate investment trusts and registered investment companies. The Company has significant holdings in: (a) the healthcare, industrial and hospitality property sectors; (b) Colony Credit Real Estate, Inc. (CLNC) and NorthStar Realty Europe Corp. (NRE), which are both externally managed by subsidiaries of the Company; and (c) various other equity and debt investments. The Company is headquartered in Los Angeles with key offices in New York, Paris and London, and has over 400 employees across 17 locations in ten countries. For additional information regarding the Company, its management and business, please refer to www.clny.com.
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French societe anonyme
With a share capital of 1 505 133 838 euros
Registered lead office : 22-30, avenue de Wagram
75382 Paris cedex 08
552 081 317 R.C.S. Paris
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Source: EDF via GlobeNewswire