Kaufman & Broad SA: Sale-before-completion agreement for office space in Paris

Kaufman & Broad SA 
Kaufman & Broad SA: Sale-before-completion agreement for office space in 
Paris 
 
31-Jan-2020 / 20:44 CET/CEST 
Dissemination of a French Regulatory News, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
            Press release 
 
            Paris, January 31, 2020 
 
Sale-before-completion agreement for office space in Paris 
 
           Kaufman & Broad is pleased to announce that it has today signed a 
  sale-before-completion agreement with a top-tier property buyer pertaining 
            to around 50,000 sq.m of office space to be built as part of the 
            redevelopment project in the Austerlitz district of Paris. 
 
       Consequently, all of the surface areas included in this program being 
developed by Kaufman & Broad under the Austerlitz project are now subject to 
       sales agreements with top-tier property buyers, either in the form of 
            sale-before-completion or property development contracts. 
 
  The relevant administrative approvals are being processed but are unlikely 
            to be definitively granted until 2021. 
 
      This press release is available at www.kaufmanbroad.fr [1] 
 
  - Next regular publication date: 
 
  - April 9, 2020: Q1 2020 results (after market close) 
 
  - May 5, 2020: Shareholders' Meeting 
 
Contacts 
 
Chief Financial Officer             Press Relations 
 
      Bruno Coche 
 
    01 41 43 44 73 
 
 [e-mail] 
 
                          Media relations: Hopscotch Capital: 
                                     Violaine Danet 
 
                        01 58 65 00 77 / k&[e-mail] 
 
                           Kaufman & Broad: Emmeline Cacitti 
 
                        [phone] / [e-mail] 
 
     About Kaufman & Broad - Kaufman & Broad has been designing, developing, 
   building, and selling single-family homes in communities, apartments, and 
  offices on behalf of third parties for more than 50 years. Kaufman & Broad 
   is one of the leading French builder-developers due to the combination of 
            its size and profitability, and the strength of its brand. 
 
         The Kaufman & Broad Registration Document was filed with the French 
  Financial Markets Authority ("AMF") under No. D.19 0228 on March 29, 2019. 
     It is available on the AMF (www.amf-france.org [2]) and Kaufman & Broad 
   (www.kaufmanbroad.fr [1]) websites. It contains a detailed description of 
 Kaufman & Broad's business activities, results, and outlook, as well as the 
associated risk factors. Kaufman & Broad specifically draws attention to the 
       risk factors set out in Chapter 1.2 of the Registration Document. The 
      occurrence of one or more of these risks might have a material adverse 
      impact on the Kaufman & Broad group's business activities, net assets, 
financial position, results, and outlook, as well as on the price of Kaufman 
            & Broad's shares. 
 
 This press release does not amount to, and cannot be construed as amounting 
  to a public offering, a sale offer or a subscription offer, or as intended 
            to seek a purchase or subscription order in any country. 
 
Regulatory filing PDF file 
 
Document title: Sale-before-completion agreement for office space in Paris 
Document: http://n.eqs.com/c/fncls.ssp?u=IPEGQMIRTR [3] 
965475 31-Jan-2020 CET/CEST 
 
 
1: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=b40f286580e5a3e4d565d58dfb24fd60&application_id=965475&site_id=vwd&application_name=news 
2: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=ed80b2c1b904364f9fbd568bcbe0473b&application_id=965475&site_id=vwd&application_name=news 
3: https://link.cockpit.eqs.com/cgi-bin/fncls.ssp?fn=redirect&url=457551630e94bbdf1d93fc0ef2886f3c&application_id=965475&site_id=vwd&application_name=news 
 

(END) Dow Jones Newswires

January 31, 2020 14:44 ET (19:44 GMT)