Immochan presents its ambitious development programme at Mapic 2015

Croix Cedex, France, 2015-11-19 — /EPR Retail News/ — Immochan maintains the high level of investment previously announced and a significant development plan, representing more than €1.5 bn between 2015 and 2017 to develop its assets and increase their value.

Major projects are becoming a reality

The strategy of developing Immochan’s assets and increasing their value has proved its worth, with major success stories in 2015.

In Romania, the “Coresi” centre was opened on 26 March in Brasov. Coresi is the largest urban regeneration project in the country and a regional magnet built to respect its environment, with a “Very Good” BREEAM certificate.

Shopping and leisure are combined there using unprecedented architecture to create a place for experiences and a benchmark for living well for residents and tourists. The shopping centre has 130 shops over 32,000 sq. m, a food-court and a 13,300 sq. m Auchan hypermarket. After buying 12 shopping malls (ex Real) at the beginning of 2015, Immochan is now opening its 23rd shopping mall in Romania.

In France, “Les Saisons de Meaux” opened its doors to customers on 20 October last year. The centre offers more than 100 shops spread over 30,000 sq. m of retail space, along with a 2,250 sq. m food court, and a 3,100 sq. m leisure centre.

Designed as an urban walkway, “Les Saisons de Meaux” is a place for living on a human scale, bright and compact. The “Very Good” BREEAM certificate obtained on 8 May last year is part of Immochan’s CSR policy and its commitment to efficiently managing its shopping centres. “Les Saisons de Meaux” represents an investment of €120m.

Major projects for 2020, presented at MAPIC

Immochan is expecting nearly 50 extensions or new projects to open in the next 3 years.

In Italy, the Rescaldina shopping centre extension project will be delivered in 2017. This centre is a space for the whole family, where shopping, relaxation and entertainment come together to offer a unique customer experience. A leader in its catchment area, it welcomes 9.5 million visitors per year. The 19,500 sq. m extension will mean that 70 new shops can be created, an offer involving both personal and household goods.

La Cloche d’Or, or “The House of Brands” in Luxembourg, a mixed development of 100,000 sq. m will be delivered in 2018. A “Premium” shopping centre of international stature developing 75,000 sq. m, a luxury housing complex of 25,000 sq. m reaching a height of 60m. Three levels of trading will hold more than 120 shops, 15 restaurants, and a 12,500 sq. m Auchan hypermarket.

The Pushkino development in Russia will provide a shopping and leisure centre at the end 2017. 104 shops including a food-court, medium sized sport, electronics and leisure stores spread over 37,500 sq. m of shopping malls to create one of the most modern centres in the Moscow region.

In Poland, “Galeria Piaseczno” in Warsaw will be expanded to cover 83,000 sq. m and become a regional centre in 2020. This modern shopping and leisure centre will meet the requirements of the residents in the region. 220 prestigious international retailers will be housed there along with a vast food-court and a recreational area of nearly 800 sq. m specially for children.

Finally, in Aubagne (France), the Alpha 2017 project will be an a new kind of urban centre, combining housing, offices and hotels, well served by and connected to the heart of an urban hub. The centre is a real leisure destination, which will offer dining spaces with open terraces and numerous sporting, art and music events.

Contact

Groupe Auchan
40, avenue de Flandre – BP 139
59964 Croix Cedex – France

SOURCE: Groupe Auchan