AXA Real Estate Investment Managers completed 6,500 sqm hypermarket letting to City Gross in Burlöv, Sweden

Paris, 6-6-2013 — /europawire.eu/ — AXA Real Estate Investment Managers (“AXA Real Estate”), the leading real estate portfolio and asset manager in Europe¹, with €45 billion of assets under management as at March 2013, announces that, on behalf a client, it has completed a 6,500 sqm letting to City Gross, the market leading Swedish hypermarket retailer, at Stora Bernstorp Retail Park in Burlöv, Sweden, for an initial 12 year lease period.

The unit will be refurbished to meet City Gross’s specifications, with the hypermarket due to open for business in Q4 2013.

RED (Rico Estate Development) acted as letting agent on behalf of AXA Real Estate.

Henrik Bastman, Head of Asset Management for AXA Real Estate in the Nordic
region, commented: “The establishment of one of the strongest Swedish food operators will further improve the tenant mix and have a significant impact on the number of visitors to the retail park. We expect the improvements we are undertaking on this asset, together with other developments on going in the vicinity, to strengthen both this area as retail location, in general, and Stora Bernstorp Retail Park, in particular.”

1. Source: INREV Survey 2011 published in July 2012.

AXA Real Estate Investment Managers (AXA Real Estate), a wholly-owned subsidiary of AXA Investment Managers, is the largest real estate portfolio and asset manager in Europe, with over €45 billion of assets under management as at the end of March 2013. It has over 140 third party institutional clients spread across the world, in addition to managing funds for 10 AXA insurance companies.

With over 500 real estate professionals operating in 22 countries, AXA Real Estate’s competitive advantage stems from its global fund management expertise combined with extensive on-the-ground deal sourcing, asset management and development execution capabilities.

AXA Real Estate structures and actively manages or advises investment products, seeking wide ranging opportunities along the risk spectrum to deliver targeted returns commensurate with clients’ risk profiles, through a variety of investment strategies. These range from core to opportunistic, country-specific to geographically-diversified, sector-specific to multi-sector, with the capacity to invest at all levels of the capital structure.

Global growth remains a key priority and AXA Real Estate is currently expanding its presence in both the US and Asia. Assets under management have grown from €17 billion 12 years ago to €45 billion today.

Visit our website: www.axa-realestate.com

AXA Investment Managers (AXA IM) is a multi-expert asset management company within the AXA Group, a global leader in financial protection and wealth management. AXA IM is one of the largest European-based asset managers with approximately €562 billion in assets under management as of the
end of March 2013. AXA IM employs 2,400 people around the world and operates out of 23 countries.

Visit our internet website: www.axa-im.com

Press Contacts
AXA Real Estate
Jocelyne Tamssom
Tel: +33 1 44 45 97 95
jocelyne.tamssom@axa-im.com

FTI Consulting Inc.
Richard Sunderland, Stephanie Highett, Daniel O’Donnell
Tel: +44 20 7831 3113
AXARealEstate@fticonsulting.com