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on FIDUCIAL REAL ESTATE (EPA:ORIA)

FIDUCIAL REAL ESTATE restructures the Lotus Building in Courbevoie

Stock price chart of FIDUCIAL REAL ESTATE (EPA:ORIA) showing fluctuations.

FIDUCIAL REAL ESTATE, through its subsidiary SOLABEL SAS, has announced the restructuring of its current site located on rue Guynemer in Courbevoie. The project includes the demolition of the Lotus building to build an 11,000m2 office building. This project focuses on architectural and environmental innovation, with compliance with RE 2025 standards and a BREEAM Excellent certification.

The construction will be carried out via a Real Estate Development contract signed with SOGEPROM, guaranteeing a fixed price. The construction site will begin in December 2024, with delivery scheduled for autumn 2027. The future premises will accommodate FIDUCIAL and SOGEPROM entities for fixed leases of 7.5 years.

This development is part of FIDUCIAL REAL ESTATE's expansion strategy. It will increase the site's office space by 5,000 m2, including the transfer of part of the land to SOGEPROM for housing.

R. P.

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