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  • Terreis - Press releases
    release issued on 27 July 2010 Excluding acquisitions rental income increased by 0 5 more than the change of the Indice du Coût de la Construction Construction Cost Index Strict overheads control combined with strong growth of assets portfolio led to a 88 5 EBITDA margin up by more than 110 bp on 1st half 2009 Taking into account a financial result of 3 6m cash flow amounts to 4 7m or an increase by 29 on 1st half 2009 Net profit amounts to 1 46m stable on 2009 Balance sheet under control At 30 June 2010 TERREÏS consolidated shareholders equity amount to 73 1m and the net financial debt to 206 2m On the basis of Atisreal valuation at 31 December 2009 and of the acquisitions done in 2010 valued at cost Group asset portfolio amounts to 327m For the record TERREÏS carries out an external evaluation of its assets only once a year for the annual results Upgrade of 2010 targets Based on the strong first half performances and acquisitions under negotiation TERREÏS upgrades the targets set up earlier this year rental income should now be higher than 21m and cash flow increase over the full year should exceed first half rate of increase Interim dividend 0 23 euro share paid in November 2010 TERREÏS is now used to pay an interim dividend in November and the balance in May Thanks to the first half 2010 results and to the good outlooks for the full year activity TERREÏS Board decided to pay in November an interim dividend on 2010 results of 0 23 euro share up 4 5 on last year interim dividend Next publication Rental income for the 3rd quarter of 2010 27 October 2010 Contact Emmanuel Pineau Deputy General Manager OVALTO Investissement Tel 33 0 1

    Original URL path: http://www.terreis.fr/en/?option=com_actusnewswire&view=communiques&Itemid=189&lang=en&act_page1=ok&act_page2=ok&act_page3=ok&LANG=EN&langue=EN&RefACT=ACTUS-0-242&ACT_Type1=2&ID=ACTUS-0-20978&CLIENT=ACTUS-0-242 (2014-03-04)
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  • Terreis - Press releases
    has been achieved in a context where ICC average construction cost index decreased by 2 7 ICC is the reference for most of TERREÏS rental contracts Rental income 1st half 2nd quarter m 2010 2009 Var 2010 2009 Var Offices 4 96 3 56 40 2 45 1 79 37 Commercial 2 47 0 96 156 1 21 0 51 135 Mixed Offices Commercial 1 13 1 11 1 0 57 0 56 2 Apartments 0 74 0 11 nm 0 37 0 07 nm Others 0 03 0 02 nm 0 02 0 01 nm Total 9 34 5 76 62 3 4 62 2 94 57 1 Rental income net of operating costs maintenance and repairs including those under Article 606 It has to be mentioned that the important program of investment achieved over the past twelve months changed significantly the breakdown of rental income both in terms of geography 49 7 of them are now located in Paris compared to 32 last year and variety of tenants Foncia Groupe accounts for only 42 of rental income compared to 57 5 for the whole year 2009 II Outlook Seven new buildings were acquired on the first half of 2009 for an amount of 55m carrying an expected instantaneous yield of 7 4 Among those two have been administratively registered during the quarter Having in mind the signature dates for the last investments first half rental income are in line with 2010 target of 21m excluding any new acquisition TERREÏS will continue its strategy of building a first quality asset portfolio taking advantage of good financing conditions and seizing opportunities meeting with its quality and profitability criteria Next publication 2010 half year results 31 August 2010 Contact Emmanuel Pineau General Manager OVALTO Investissement Tel 33 0 1 55 52

    Original URL path: http://www.terreis.fr/en/?option=com_actusnewswire&view=communiques&Itemid=189&lang=en&act_page1=ok&act_page2=ok&act_page3=ok&LANG=EN&langue=EN&RefACT=ACTUS-0-242&ACT_Type1=2&ID=ACTUS-0-20668&CLIENT=ACTUS-0-242 (2014-03-04)
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  • Terreis - Press releases
    income 000s euros 1st quarter 2010 2009 Variation Offices 2 509 1 759 42 7 Commercial 1 265 450 180 9 Mixed offices commercial 557 554 0 5 Apartments 378 46 ns Other 14 7 ns Total 4 723 2 816 67 7 As a reminder most of 2009 investments have consisted in Parisian assets rented to a number of tenants Rental breakdown thus significantly changed compared to 2008 50 of rental income are related to Parisian based assets vs 31 in 2008 On 1st quarter 2010 Foncia accounts for only 41 6 of rental income compared to 57 5 over the FY 2009 II 55 6m of new acquisitions under promises Since the beginning of the year TERREÏS looked very closely to acquisition opportunities of quality assets as borrowing conditions are still extremely attractive Intense work on the dealflow led to the signature in April of promises for seven assets for a total investment of 55 6m and an instantaneous yield of 7 4 Six of these assets accounting for 54m are located in Paris rented to first quality tenants Société Générale Eaux de Paris and one asset in the country rented to Foncia Promises should be definitive over the next three months and will be financed by debt of which conditions are currently under negotiation III Outlook TERREÏS will continue to take advantage of attractive borrowing conditions and of the presence of its reference shareholder to increase its asset portfolio in the respect of strict profitability criteria and quality of deals achieved Next Event Annual General Meeting of Shareholders 11 June 2010 Next publication Rental income for the first half of 2010 27 July 2010 Contact Emmanuel Pineau General Manager OVALTO Investissement Tel 33 0 1 55 52 57 71 About Terreïs www terreis fr Terreïs is a

    Original URL path: http://www.terreis.fr/en/?option=com_actusnewswire&view=communiques&Itemid=189&lang=en&act_page1=ok&act_page2=ok&act_page3=ok&LANG=EN&langue=EN&RefACT=ACTUS-0-242&ACT_Type1=2&ID=ACTUS-0-19461&CLIENT=ACTUS-0-242 (2014-03-04)
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  • Terreis - Press releases
    2009 compared with 7 35 in 2008 Occupancy rate came to record level of 99 1 at the end of 2009 compared to 98 at the end of 2008 and 96 8 at the end of 2007 Net asset value stood at 14 82 per share liquidation value up 26 compared with 2008 On a replacement basis it stood at 16 86 per share up 33 Dividend of 0 46 per share 7 At the Annual General Meeting on 19 May the Board of Directors will propose paying out a dividend of 0 46 per share in respect of the 2009 financial year Since an interim dividend of 0 22 was paid out on 20 November the balance of 0 24 is due to be paid on 26 May 2010 TERREÏS accelerates the pace of its investment policy to take advantage of several market opportunities In line with its strategy TERREÏS confirmed the acceleration of the pace of investments policy since the 1st half of 2008 in order to take advantage of good conditions of the market as well as low interest rates In 2009 114m have been invested generating a yield of 7 0 Except apartments to be sold in five years the yield reaches 7 7 for the only offices and commercial assets Based on the known perimeter at the end of 2009 consolidated rental income should reach 19m in 2010 before any indexation renegociation and new acquisitions The important volume of 2009 investment was achieved in full respect of the strategy announced by TERREÏS at the time it went public building a high quality asset portfolio located in the center of cities and rented by a number of first quality tenants It was mainly debt financed by a new partner wishing to accompany TERREÏS development New borrowings

    Original URL path: http://www.terreis.fr/en/?option=com_actusnewswire&view=communiques&Itemid=189&lang=en&act_page1=ok&act_page2=ok&act_page3=ok&LANG=EN&langue=EN&RefACT=ACTUS-0-242&ACT_Type1=2&ID=ACTUS-0-19158&CLIENT=ACTUS-0-242 (2014-03-04)
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  • Terreis - Press releases
    up 64 3 on the fourth quarter of 2008 Increase in rental income was higher quarter after quarter 35 6 on H1 and 41 3 on Q3 Organic growth ie growth based on indexations and renegociations amounted to 5 3 which is significantly higher that construction index Financial occupancy rate reached 99 1 at the end of the year II A very active year in terms of investment Over the 4th quarter TERREÏS finalized all promises signed during the preceding months acting four new acquisitions for 23 7m Total investment for the year amounts to 114m Assets bought during Q4 were Two buildings in the center of Paris with many tenants One is a 3 000 square meters mixed offices and commercial building located rue du 4 Septembre IIème arr the other is a 1 100 square meters offices building located rue Villedo Ier arr A portfolio of 11 agencies located in the center of large cities in the country all rented by VediorBis A commercial space in Brest rented by Foncia In addition two other assets are under promises at the end of 2009 for an amount of 5 6m All these operations booked or engaged will generate a gross yield of 7 7 on a full year basis Based on the identified perimeter at the end of 2009 rental income should reach 19m in 2010 prior any indexation or renegociation These acquisitions increasing significantly the 148m asset basis at the end of 2008 fit with TERREÏS strategy since it went public which consists in building a portfolio of high quality assets located in the center of cities and rented by a large diversity of high quality tenants Acquisitions were mainly debt financed with partners looking for a long term involvment in the group development New debt was booked

    Original URL path: http://www.terreis.fr/en/?option=com_actusnewswire&view=communiques&Itemid=189&lang=en&act_page1=ok&act_page2=ok&act_page3=ok&LANG=EN&langue=EN&RefACT=ACTUS-0-242&ACT_Type1=2&ID=ACTUS-0-18550&CLIENT=ACTUS-0-242 (2014-03-04)
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  • Terreis - Other regulatory information
    the French Financial Markets Authority AMF with its decision of 1 October 2008 To implement this agreement an amount of â 100 000 has been transferred from the liquidity agreement on existing shares and allocated to the liquidity account Next publication annual results on 23 March 2011 Contact Emmanuel Pineau Deputy Managing Director Ovalto Investissement Tel 01 82 00 95 01 About Terreïs www terreis fr Terreïs is a property

    Original URL path: http://www.terreis.fr/en/?option=com_actusnewswire&view=communiques&Itemid=184&lang=en&act_page1=ok&act_page2=ok&act_page3=ok&LANG=EN&langue=EN&RefACT=ACTUS-0-243&ACT_Type1=2&ID=ACTUS-0-22773&CLIENT=ACTUS-0-243 (2014-03-04)
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  • Terreis - Other regulatory information
    authorisation no 11 025 and is available free of charge from TERREÏS head office at 24 avenue Aristide Briand 92160 Antony France from the Lead Underwriter Book Runner and Co Lead Underwriter from the company s website www terreis fr and from the AMF website www amf france org The prospectus consists of the registration document of TERREÏS Terreïs or the Company and with its consolidated subsidiaries the Group filed with the AMF on 22 June 2010 under number R 10 048 the Registration Document the update to the Company s registration document filed with the AMF on 10 December 2010 under number D 10 0295 A01 the Update the document filed with the AMF under number E 10 082 on 10 December 2010 Document E the update to the Company s registration document filed with the AMF on 26 January 2011 under number D 11 0295 A02 the Second Update the securities note including the summary Next publication annual results on 23 March 2011 Contact Emmanuel Pineau Deputy Managing Director Ovalto Investissement Tel 01 82 00 95 01 About Terreïs www terreis fr Terreïs is a property company whose assets consist of small and medium sized office premises as well as the bricks and mortar of retail property located mainly in city centres Paris and the main regional urban centres in France Terreïs has been listed on the regulated NYSE Euronext market in Paris compartment C since December 2006 and opted for the status of listed property investment company SIIC from 1 January 2007 Its stock has been included in the SBF 250 reference index since September 2010 ISIN FR0010407049 Ticker symbol TER Disclaimer This press release does not constitute and shall not be construed as constituting an offering to the public an offer to purchase or a solicitation

    Original URL path: http://www.terreis.fr/en/?option=com_actusnewswire&view=communiques&Itemid=184&lang=en&act_page1=ok&act_page2=ok&act_page3=ok&LANG=EN&langue=EN&RefACT=ACTUS-0-243&ACT_Type1=2&ID=ACTUS-0-22744&CLIENT=ACTUS-0-243 (2014-03-04)
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  • Terreis - Other regulatory information
    held at Crédit Agricole CIB the operation s lead underwriter Final results of the issuance are expected this coming 15 February once we know the number of unexercised warrants held by the current TERREÏS shareholders The settlement delivery of the new securities will take place on 18 February with a first listing on the same day under ISIN code FR0010989871 These securities will be merged with the old ones the day following the final 2010 ex dividend date which is planned for May 2011 Commenting on these preliminary capital increase results Jacky Lorenzetti Chairman of TERREÏS Board of Directors stated We are delighted by the marked interest shown by investors for our group both in France and abroad The strong demand on their part shows how confident they are in TERREÏS growth model With increased financial means our real estate company is in line to achieve our goal of 1 billion Euros in assets mainly made up of high quality commercial downtown properties Moreover this operation will establish TERREÏS stock market status with its larger float and the corresponding increase in liquidity Next periodic publication Annual results on 23 March 2011 Contact Emmanuel Pineau Deputy Managing Director Ovalto Investissement Tel

    Original URL path: http://www.terreis.fr/en/?option=com_actusnewswire&view=communiques&Itemid=184&lang=en&act_page1=ok&act_page2=ok&act_page3=ok&LANG=EN&langue=EN&RefACT=ACTUS-0-243&ACT_Type1=2&ID=ACTUS-0-22681&CLIENT=ACTUS-0-243 (2014-03-04)
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