PR Newswire/Les Echos/
 
                                                                                                                            Paris, 12 November 2008



             72.5 M€ consolidated turnover as at 30 September 2008
                     +1.3% increase on a like-for-like basis




Total consolidated turnover


                                                30 Sept. 08                        30 Sept. 07               Variations
                                                        Part dans CA                        Share of total
      Activity                                                                                                            %
                                           € ?000                             € ?000                            € ?000
                                                             total                              turnover


Logistics             France               37,978               53.2%          9,827                 62.8%      28,150
                      Germany               8,692               12.2%             -                   0.0%       8,692
Light Industrial      France               13,410               17.1%          3,021                 19.3%      10,389
Garonor-Aulnay        France               12,388               17.4%          2,798                 17.9%       9,590

TOTAL                                      72,468              100.0%         15,647                100.0%      56,821




The increase in rental income is principally based on taking into account, over 9 full months
in 2008, contributions and acquisitions that took place during the 2nd half of 2007, as follows:

            The consolidation of SCI Percier UIS 062 St Quentin Fallavier on June 15 2007
            (impact: €522,000 on logistics activity)
            The consolidation of assets following the contributions made by Foncière des
            Régions and Sophia GE on 24 July 2007 (impact: €17,696,000 on logistics activity
            and €5,988,000 on light industrial)
            The consolidation of companies following the contributions made by Foncière des
            Régions on 24 July 2007 (impact: €2,052,000 on logistics activity and €4,401,000 on
            light industrial)
            The acquisition of the Garonor companies on 31 July 2007 (impact: €6,184,000 on
            logistics activity and €9,590,000 on the Garonor-Aulnay site)



REGISTERED OFFICE: 30, avenue Kleber  75208 Paris Cedex 16  Tél.: 01 58 97 50 00  Fax: 08 21 20 02 75
Société en commandite par actions with capital of €402,513,988.50 - R.C.S. Paris 552 150 815
www.fonciere-europe-logistique.fr
           The consolidation of assets following the contributions made by Morgan Stanley on
           22 November (impact: €10,389,000 on logistics activity, of which €1,697,000 in
           France).


For the record, the company Foncière Europe Logistique did not have any turnover during
the 1st quarter of 2007, due to the change of activity undertaken:

           Disposal of historic surge protection industrial activity in the framework of a partial
           transfer of assets on 16 May 2007, retroactive to 2 January 2007;
           New orientation towards the rental of buildings for logistics in mid-June 2007.



Significant events for the third quarter

During the 3rd quarter of 2008, Foncière Europe Logistique continued its three development
operations begun in 2007 in Bollene (30,000 m²), Corbas (15,000 m ²) and Chalon sur Saône
(11,500 m²) as part of its client development strategy.

These three operations will be completed in the fourth quarter of 2008.




About Foncière Europe Logistique
Foncière Europe Logistique, a subsidiary of Foncière des Régions, is an SIIC (société
d'investissements immobiliers cotée) specialised in logistics assets and light industrial
premises.

The company's investment policy is focused on seeking partnerships with its user customers,
institutional investors and developers.

Foncière Europe Logistique is managed by François de la Rochefoucauld.

Foncière Europe Logistique is listed on Euronext Paris, Eurolist compartment B
(FR0000064305 - FEL).


Contact Foncière Europe Logistique:
Nicolas Ruggieri
Tel.: +33 (0)1 58 97 51 12
nicolas.ruggieri@fdr.fr
See this press release at www.fonciere-europe-logistique.fr




REGISTERED OFFICE: 30, avenue Kleber  75208 Paris Cedex 16  Tél.: 01 58 97 50 00  Fax: 08 21 20 02 75
Société en commandite par actions with capital of €402,513,988.50 - R.C.S. Paris 552 150 815
www.fonciere-europe-logistique.fr

                         
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