Societe Fonciere Lyonnaise : AVIVA INVESTORS and SFL agree sale of 112 Wagram building in Paris

PARIS, 13 JANUARY 2021

AVIVA INVESTORS AND SFL AGREE SALE OF 112 WAGRAM BUILDING IN PARIS

Aviva Investors, the global asset management business of Aviva plc ("Aviva") announces that it has acquired the 112 Wagram building in Paris from Société Foncière Lyonnaise ("SFL"), on behalf of one of its clients.

Located in the 17th arrondissement of the city, 108-112 Avenue Wagram sits at the heart of the central business district of Paris and offers approximately 5,500 sq m of office space spread across a ground floor, four upper floors, as well as a lower ground floor with parking space for 28 cars. It features light-filled floor areas, private terraces on every floor, high floor-to-ceiling height and a large interior courtyard.

The historic property was originally acquired by SFL in 2010 and has been redeveloped over the past ten years. Characterised by its brick façade and contemporary extension, the internal areas have been thoroughly renovated. Following the work, the building was awarded the HQE label, and obtained BREEAM In-Use International Part 1 "Asset" and Part 2 "Building Management" certification, with an assessment rating of "Excellent", in recognition of its energy performance.

Thanks to its outstanding amenities, coupled with its location near Parc Monceau and excellent road and public transport links, the property enjoys positive rent reversion and is home to a number of leading global businesses under long-term leases.

The sale of the property forms part of SFL's strategy to rotate its more mature assets and capture the value created through its asset management work. The net sale price was approximately €120 million.

Grégoire Bailly-Salins, Head of Transactions for Continental Europe at Aviva Investors, commented:

"112 Wagram is an exceptional property and we are delighted to increase our existing portfolio of assets under management in the central business district of Paris. Its unique surroundings and qualities, coupled with a central location and close transport links, make it a compelling asset that we expect to provide long-term performance for our clients. We are also pleased that it has obtained a number of labels and certifications, which aligns it well with our commitment to improving the energy and carbon efficiency of the portfolio under management."

Aude Grant, Deputy MD, AM & Investment at SFL, said:

"This performance demonstrates the resilience of properties with solid real estate fundamentals, a desirable location and first-rate tenants, and highlights major investors' ongoing interest for core assets in the Paris CBD".

Aviva Investors was advised by Aurélien Bourdet (Screeb), Géraldine Machinet (CMS), Theop and Manexi. SFL was advised by Anne-Hélène Garnier (Oudot) and Cushman & Wakefield.

AVIVA INVESTORS

112 Wagram - Photo: Luc Boegly

For further information, please contact:

Aurélie Soufflet

Aviva Investors Real Estate France SA

[phone] - [e-mail]

SFL

SFL - Thomas Fareng - T [phone] - [e-mail]

Evidence - Marylou Pernaut - T 06 88 31 49 57 - [e-mail]

IMPORTANT INFORMATION

The information and opinions contained in this document are for use by the financial press and media only. No reliance may be placed for any purpose on the information or opinions contained in this document nor should they be seen as advice.

The press release is provided on the basis that Aviva Investors Global Services Limited is not causing the communication of a financial promotion under exemption of the Financial Promotion Order, as Aviva Investors Global Services Limited has no control over the way in which an article based on this press release is prepared and published by the financial press and media.

Except where stated as otherwise, the source of all information is Aviva Investors Global Services Limited ("Aviva Investors") as at 19 November 2020. Unless stated otherwise any views, opinions expressed are those of Aviva Investors. They should not be viewed as indicating any guarantee of return from an investment managed by Aviva Investors nor as advice of any nature. Past performance cannot be seen as a guide to future performance. The value of an investment and any income from it may go down as well as up and the investor may not get back the original amount invested.

Issued by Aviva Investors Global Services Limited, registered in England No. 1151805. Registered office: St Helen's, 1 Undershaft, London, EC3P 3DQ. Authorised and regulated by the Financial Conduct Authority.

Aviva Investors

Aviva Investors is the global asset management business of Aviva plc. The business delivers investment management solutions, services and client-driven performance to clients worldwide. Aviva Investors operates in 14 countries in Asia Pacific, Europe, North America and the United Kingdom with assets under management of £355 billion as at 30 June 2020.

AVIVA INVESTORS

19 NOVEMBER 2019

Aviva plc

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Aviva Investors Global Services Limited	Issued by Aviva Investors Global Services Limited, registered in England No.
St Helen's, 1 Undershaft, London, EC3P 3DQ	1151805.
Phone	[phone]	Registered Office: St Helen's, 1 Undershaft, London, EC3P 3DQ. Authorised and
Fax	[phone]	regulated by the Financial Conduct Authority and a member of the Investment
Web	www.avivainvestors.com	Association.
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RA20/0015/13012021

Aviva Investors Real Estate France SA

Aviva Investors Real Estate France SA manages on behalf of Aviva France's insurance companies, third party clients and Aviva

Investors management companies, all types of assets for approximately €7 billion of real estate assets as of 31 July 2020. Société

anonyme with a capital of €2,513,440/Registered office: 24-26 rue de la Pépinière - 75008 Paris/434 129 649 RCS Paris/SIRET 434 129

649 00050/APE code: 6832 A - Administration of buildings and other real estate assets.

About SFL

Leader in the prime segment of the Parisian commercial real estate market, Société Foncière Lyonnaise stands out for the quality of its property portfolio, which is valued at €7.2 billion and is focused on the Central Business District of Paris (#cloud.paris, Edouard VII, Washington Plaza, etc.), and for the quality of its client portfolio, which is composed of prestigious companies in the consulting, media,

digital, luxury, finance and insurance sectors. As France's oldest property company, SFL demonstrates year after year an unwavering

commitment to its strategy focused on creating a high value in use for users and, ultimately, substantial appraisal values for its properties. Stock market: Euronext Paris Compartment A - Euronext Paris ISIN FR0000033409 - Bloomberg: FLY FP - Reuters: FLYP PA

S&P rating: BBB+ stable outlook