Paris – October 26, 2017

• Strong acceleration in retailer sales during the 3rd quarter at +5.6%
• Robust leasing activity, with 1,440 leases signed at September 30, 2017 (vs 1,356 for the same period last year), with 12.1% reversion rate
• Shopping centers gross rental income +1.8% for the first 9 months of 2017, mostly thanks to solid like-for-like rental growth
• Net debt stable at €9,120 million; net cost of debt further reduced to 1.8%
• €358 million worth of disposals completed or under promissory agreement year-to-date
• Development projects well on track: 83% pre-let at Prado and 87% at Hoog Catharijne
• Inclusion in CDP’s “A list,” a recognition for global leadership in fight against climate change
• 2017 outlook confirmed: net current cash flow per share of at least €2.45, implying 6.1% growth