HEKLA Receives The Golden Stone 2019 Award for the Best Program

Hines, the international real estate firm, announced today that HEKLA in Paris La Défense, developed by Hines and AG Real Estate and acquired by AMUNDI Immobilier and PRIMONIAL REIM, has been awarded the La Pierre d'Or 2019 Award for Best Real Estate Program. This award was presented during the Grand Gala Evening held on January 31, 2019, at the Elysée Montmartre.

Patrick Albrand, President of Hines France stated, "We are proud to receive this prestigious award in recognition of HEKLA in Paris La Défense. This project is the result of the work and know-how of all the Hines and AG teams and embodies the scope of our architectural and innovative ambitions. Work began in August 2018 with Vinci Construction France and is progressing smoothly. We are delighted and eager to see HEKLA erected in the skyline of Paris La Défense by 2022.”

Arnaud Guennoc, Managing Director of AG Real Estate France states, "The HEKLA project fits perfectly into the new district of La Défense with a bold architecture by Jean Nouvel, one of the greatest architects of our time. It illustrates the desire to meet the most demanding criteria in terms of comfort, health and well-being of future users. As a new generation tower, HEKLA aims to achieve the highest levels of French and international environmental certification and will be an important milestone in the development of AG Real Estate in France.”

Located 300 meters from "CĹ“ur Transport" in the town of Puteaux in Paris La DĂ©fense, HEKLA is part of the redevelopment of the new Rose de Cherbourg district into a true urban and green living space. The site developer, PARIS LA DEFENSE, plans a high-quality urban development with the requalification of the ring of the circular Boulevard that evolves around HEKLA as a planted and vegetated promenade inspired by the New York High Line.

HEKLA embodies the result of a close collaboration between Ateliers Jean Nouvel for their talent, AG Real Estate and Hines for their experience in major commercial projects, as well as AMUNDI Immobilier and PRIMONIAL REIM for their confidence and investment in the development of this emblematic project.

At 220 meters high, the HEKLA Tower will develop 76,000 square meters of commercial space on 48 floors that can accommodate up to 5,800 employees.

Both flexible and innovative, HEKLA anticipates new ways of working and living. Designed with a strong architectural gesture, it will rebalance the skyline of Paris La DĂ©fense. AG Real Estate, Hines, Amundi Immobilier and Primonial REIM are convinced that HEKLA is a unique and coherent place for a company with major business prospects.

The awards ceremony is a major event in the real estate world, since its creation in 1998 by Pascal Bonnefille and the writing of Immoweek, "Les Pierres d'Or" highlights the greatest professionals in the sector.

To know more about it: www.tour-hekla.com

About Hines

Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 207 cities in 24 countries. Hines has approximately $116.4 billion of assets under management, including $64 billion for which Hines provides fiduciary investment management services, and $52.4 billion for which Hines provides third-party property-level services. The firm has 109 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,319 properties, totaling over 431 million square feet. The firm’s current property and asset management portfolio includes 527 properties, representing over 224 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information.

Hines France, entered the French market in 1995. Chaired by Patrick Albrand, Hines France with a team of 37 employees, relies on its expertise and know-how in the construction of major head offices, particularly in Paris La Défense, where it has developed more than 350,000 square meters, such as the EDF, ENGIE and SAINT-GOBAIN towers currently under construction. Hines France is currently developing approximately 380,000 square meters of office space, including the Window, Stream Building projects in Paris 17 and the Tours DUO (Paris 13th). Finally, as part of its Investment Management activity, Hines France has acquired and managed since 2013 and on behalf of third parties, a portfolio of approximately €3 billion of office and high-street retail real estate assets in Ile de France.

About AG Real Estate Group

AG Real Estate, a wholly-owned subsidiary of AG Insurance, is active in various real estate businesses: Asset & Property Management, Development & Construction Management, PPP and Real Estate Financing, as well as in Car Park Management through its subsidiary Interparking. AG Real Estate has a portfolio under management, for its own account and on behalf of third parties, of more than 6 billion euros. It has more than 250 employees with multiple profiles and skills and nearly 2,300 people are employed in parking management in 9 European countries.

AG Real Estate France is the French subsidiary of AG Real Estate, a recognized leader in the Belgian real estate market. As a player on the French market, AG Real Estate France focuses on its core business: real estate development and investment in commercial real estate.

At the end of 2016, AG Real Estate France had developed nearly 200,000 m² of commercial space and 370,000 m² of logistics, representing approximately €1.4 billion, including the portfolio of pure investments made over the same period. In spring 2017, the portfolio of controlled projects represents a potential of 240,000 m². Currently, AG Real Estate France is developing 300,000 m² of projects. The acquired portfolio is very diversified between the office, business hotels, retail, logistics and car parks.

Ateliers Jean Nouvel
Caption Ateliers Jean Nouvel