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TOUAX: TOUAX achieves significant sales and leasing of modular buildings to house refugees in Hamburg, Germany

PRESS RELEASE - Paris, 5 October 2015 - 6 p.m.



TOUAX achieves significant sales and leasing
of modular buildings to house refugees in Hamburg, Germany

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TOUAX's German subsidiary has won an important sales contract for modular
buildings, an order placed by the Hamburg City Council, with a view to
housing some 2,000 asylum seekers.

This order involves the installation and delivery of around 1,100 modules
totaling 20,000 sq.m over several sites. Delivery will be staggered over the
next 9 months.

The sale comprises 40 2- or 3-floor buildings, each containing 8 to 12 fully
fitted and furbished apartments (with central heating, electrical and
telecommunications fittings and Internet, kitchen and bathroom).

The modules will be manufactured by our plant located in the Czech Republic,
which boasts the necessary technical expertise and savoir-faire to deliver
permanent modular buildings meeting various technical specifications, in very
short lead time. This order fulfills about 40% the annual production of our

TOUAX has the savoir-faire to produce housing for refugees in Europe and has
already installed since the beginning of the year 50,000 sq.m in leasing and
sales for refugees in Germany.

Raphaël Walewski, Managing Partner, commented that "This sale is the largest
Touax has ever achieved. The effects will be seen in
the Group accounts in 2016. We would like to congratulate the staff for their
swift response, skill and capacity to support clients with large-scale

TOUAX Group leases out tangible assets (shipping-containers, modular
buildings, freight railcars and river barges) on a daily basis to more than
5,000 customers throughout the world, for its own account and on behalf of
third party investors. With more than €1.8 billion under management, TOUAX is
one of the European leaders in the operational leasing of this type of

TOUAX is listed in Paris on NYSE EURONEXT - Euronext Paris Compartment C (Code
ISIN FR0000033003) and on the CAC® Small and CAC® Mid&Small indexes and in
EnterNext PEA-PME.

For more



Fabrice&Raphaël Walewski

Managing partners

Tel: +33 (0)1 46 96 18 00



Tel: +33 (0)1 55 88 11 11

TOUAX achieves significant sales and leasing of modular buildings


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: TOUAX via Globenewswire


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