Eramet SA

11/23/2017 | Press release | Distributed by Public on 11/23/2017 03:30

AG2R LA MONDIALE and ERAMET sign lease to 'the 10 Grenelle' building

PRESS RELEASE

Paris, November 23rd, 2017

AG2R LA MONDIALE AND ERAMET

SIGN LEASE TO "THE 10 GRENELLE" BUILDING

AG2R LA MONDIALE and ERAMET, the world leader in alloying metals and upscale metallurgy, have signed a lease for more than 6,000 m² of office space in "10 Grenelle", a building at 10 boulevard de Grenelle in Paris' 15th arrondissement. The building will become ERAMET's head office in mid-2018 and will host approximately 350 Group employees.

Rights reserved for the press - photo credit: Pierre Perrin - Zoko productions

After a lease signed with the Les Échos Le Parisien group in 2016 awaiting completion of two-thirds of office space, only 2 open spaces remain on the market for a total area of 2,000 m² on the 10th and 11th floors.

The property, inaugurated in July, is comprised of 2 buildings with a total net rental area of 30,000 m². This tall structure went through extensive restructuring by the architects Braun + Associés to meet the highest current environmental, regulatory and commercial standards. CALQ managed the project. The building has HQE, gold LEED and exceptional BREEAM certificates as well as a BC label for low energy consumption.

10 Grenelle is located on the site of the former Winter Velodrome. As part of its renovation, a serene, harmonious and noble place for recollection was designed in rue Nélaton. This will host commemorative gatherings and contribute to the duty of remembrance.

This operation once again demonstrates AG2R LA MONDIALE's ability to enhance its historical heritage and manage complex development projects. It also shows ERAMET's will to locate its head office in a modern, environmentally-friendly building, in accordance with the Group's transformation goals and providing optimal working conditions.

In this operation, AG2R LA MONDIALE was advised by DLA Piper (lawyers) and BNP Paribas Real Estate (transaction) under a three-party mandate with JLL and CUSHMAN & WAKEFIELD. ERAMET was advised by NEXITY (transaction) and BORDIER (lawyers).

About AG2R LA MONDIALE:

AG2R LA MONDIALE, the number 1 social protection group in France, provides a complete range of products and services in the areas of pensions, savings, personal risk and health. A leader in personal insurance with a country-wide presence, the Group insures individuals, companies and sectors to protect health, secure assets and incomes, protect against personal accidents and prepare for retirement.

A partnership with a mutualist and cooperative governance, AG2R MONDIALE fosters a unique social protection model that closely combines profitability and solidarity, performance and social commitment. The Group each year devotes more than €100 million to help vulnerable individuals and support individual and collective initiatives in the area of housing, health prevention and aid to caregivers.

For the latest news about the Group, visit: http://www.ag2rlamondiale.fr / Twitter:

@AG2RLAMONDIALE

About ERAMET:

ERAMET is one of the leading global producers of:

  • alloying metals, particularly manganese and nickel, used to improve the properties of steel,

  • high-performance special steels and alloys used in industries such as aerospace, power generation and tooling,

  • and mineral sands (titanium dioxide and zirconium), used to make pigments and ceramics.

ERAMET also develops activities with high growth potential such as lithium and base metal recycling.

The Group employs nearly 13,000 people in around 20 countries. ERAMET is listed on Euronext Paris (Compartment A)

Find out more: www.eramet.com /App ERAMET Finance

Media contacts:

AG2R LA MONDIALE: Mélissa Bourguignon Tel.: +33 (0)1 7660 9030 / (0)6 0452 1863

[email protected]

ERAMET: Marion Margot [email protected]