23 January 2014

Cegereal - Galderma renews its lease in Europlaza

Cegereal announces the signature of a six-year lease extension with Galderma.

On this occasion, the dermatology laboratory, a tenant since 2008, has increased its surface area from 4,000 sq.m. to 4,825 sq.m. The occupancy rate of the building now stands at 89%.

In a competitive real estate market, this renewal confirms the tenant’s confidence in the high quality of the building and its services. Europlaza benefits from a prime location in the heart of La Défense, and conforms to the highest environmental standards. The property recently received the « HQE Exploitation » certification by Certivea.


About Cegereal (NYSE Euronext Paris – Compartment B - CGR)
Cegereal is a REIT-style property company (“SIIC”) that invests in large prime office properties. Its portfolio currently comprises three office sites located in the inner suburbs of Paris. The portfolio’s appraisal value, as estimated by independent valuers DTZ Eurexi as of June 30, 2013, was €861 million excluding transfer costs.

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