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EIFF - Societe De La Tour Eiffel SA News Story

€29.2 -0.1  -0.3%

Last Trade - 18/01/22

Mid Cap
Market Cap £406.2m
Enterprise Value £1.02bn
Revenue £104.7m
Position in Universe 346th / 849

Société de la Tour Eiffel : Société de la Tour Eiffel increase committal to sustainable real estate

Thu 21st November, 2013 4:45pm

Société de la Tour Eiffel increase committal

to sustainable real estate

Following its undertaking and activity in relation to the Grenelle ecological movement, Société de
la Tour Eiffel confirms having signed the energy efficiency charter for public and private office
property, as initiated by the Housing Minister Cécile Duflot and the Ecology and Energy Minister
Philippe Martin, under the aegis of the sustainability building plan. 

The Company was among the first to make this undertaking, together with a number of other
operators with a view to promoting « a common movement towards improving energy efficiency,
occupier well-being and economic activity in the construction and real estate industry ».  

Inclusion in the Novethic index and GRESB Survey recompensed by an EPRA bronze award

This commitment follows in the wake of numerous previous environmental initiatives. A founding
member of the Sustainability Observatory, the Company's action has been recompensed in 2013 by an
EPRA Bronze award and by a first inclusion in the Novethic index as well in the GRESB Survey. This
places the Company amongst the leaders in sustainability, qualifying for the B+ level on the GRI

A quoted SIIC on the Paris Euronext market, Société de la Tour Eiffel holds and manages a
commercial real estate portfolio valued at EUR 800 millions for close to 500.000 m². 

More than 60% of the portfolio is less than 10 years-old whilst some 30% is certified Haute
Qualité Environnementale. Regular disposals contribute to portfolio optimization whilst delivering
improved economic and environmental performance. 

« In recent years, Société de la Tour Eiffel has demonstrated its ability to anticipate future
mandatory requirements but also to understand the tenants' needs in order to mirror and elaborate
upon their own initiatives. Our adherence to the office energy efficiency charter confirms our
commitment to improved energy performance on our portfolio » says Odile Batsère, Property and
environmental management Director. 

About Societe de la Tour Eiffel

A listed real estate investment company (SIIC) on NYSE Euronext Paris, the company pursues a
strategy focused on the ownership and the development of quality offices mainly in Paris and its
region capable of attracting a wide range of tenants The company's portfolio stands at 800 million
Euros of assets. Societe de la Tour Eiffel is listed on NYSE Euronext Paris (compartment B) - ISIN
code: 0000036816 - Reuters: TEIF.PA - Bloomberg EIFF.F. Indexes: GIEIF Foncières, IEIF Immobilier
 Press contact                           Communication 
 Jean-Philippe MOCCI                                                                                   Frédéric MAMAN 
 Capmot                                                                                       Chief Operating Officer 
 Tel :+33 (0)1 71 16 19 13/+33 (0)6 71 91 18 83                                            Tel : +33 (0)1 53 43 07 06                                        
Société dela Tour Eiffel increase committal to sustainable real estate 


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(i) the releases contained herein are protected by copyright and other applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of the
information contained therein.

Source: Société de la Tour Eiffel via Thomson Reuters ONE

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