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RETAIL NEWSMAGAzINE - Altarea Cogedim

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The<br />

by <strong>Altarea</strong> <strong>Cogedim</strong><br />

Retail news magazine<br />

# NOVEMBER 2012<br />

The full shopping experience...<br />

...with the Villeneuve-la-Garenne (92)<br />

regional shopping mall<br />

P.3<br />

P.4<br />

Trends<br />

Toulon-La Valette,<br />

retail & entertainment<br />

P.8<br />

Site News<br />

Focus on our projects<br />

and existing shopping<br />

malls<br />

P.10<br />

INNOVATIONs<br />

Open up to<br />

new consumers


Editorial<br />

HEADLINE PROJECT<br />

G. BOISSONNET<br />

Chairman of the<br />

Management<br />

Board of<br />

<strong>Altarea</strong> France<br />

CONTENTS<br />

HEADLINE PROJECT<br />

page 3<br />

Magazine published by <strong>Altarea</strong> SA,<br />

8 avenue Delcassé, 75008 Paris<br />

France - T. +33 (0)1 56 26 24 00<br />

Publication director:<br />

Nathalie Bardin<br />

Graphic design and layout:<br />

Trenta<br />

Photo credits: Didier Cocatrix,<br />

<strong>Altarea</strong><br />

Translation: Corporate Editions<br />

Printing: Assistance Printing<br />

November 2012.<br />

Developing a privileged relationship<br />

with our customers<br />

We must remember that increasing visitor<br />

numbers at shopping centers do not negate<br />

current changes in consumption. We must<br />

attract visitors to our sites, make them want to<br />

come back and inspire them to buy!<br />

Today, the success of a new shopping center<br />

depends as much on getting to know the<br />

final consumer as it does on the traditional<br />

fundamentals of commercial real estate<br />

(location, access, needs of the catchment area,<br />

brand variety, etc.).<br />

We are strengthening our proximity to the<br />

consumer through quality service and a<br />

welcoming atmosphere. Creating a close<br />

relationship also hinges on our ability to<br />

develop intersecting means of getting to<br />

know consumers, whether it be via their<br />

Smartphone ® , on the internet or in our<br />

shopping centers, in order to provide offers<br />

that correspond to their needs.<br />

TRENDS<br />

page 4<br />

SITE NEWS<br />

page 8<br />

ALTAREA COGEDIM<br />

key figures<br />

45<br />

shopping centers<br />

€ 1,3<br />

billion<br />

in market capitalization<br />

INNOVATIONS<br />

page 10<br />

Our close ties with «Rue du Commerce»,<br />

a major e-retailer in France, reflect this desire<br />

to increase synergies between brick-andmortar<br />

and virtual retail to develop a privileged<br />

relationship with our customers.<br />

Lastly, we believe in the winning combination<br />

of retail and leisure. As with Bercy Village in<br />

Paris ten years ago, and again with Carré de<br />

Soie in Lyon, shortly afterwards, we are now<br />

pursuing this combination at Villeneuve-la-<br />

Garenne near Paris and Toulon-La Valette,<br />

where we are offering entertainment such as<br />

multiplex, restaurants and recreational areas<br />

equipped with the latest technology.<br />

This expanded scope empowers us to usher<br />

in a new era of shopping centers that will be<br />

more dynamic than ever, allowing retailers<br />

to respond effectively to the challenges they<br />

currently face.<br />

ACTIONS<br />

page 11<br />

PORTFOLIO<br />

page 12<br />

On average<br />

3countries / markets<br />

France / Italy / Spain<br />

€ 2,5<br />

billion in<br />

ASSETS<br />

+300<br />

million customers every year<br />

in our shopping centers<br />

and<br />

84<br />

MILLION unique visitors every<br />

year on Rueducommerce.com<br />

Opening<br />

2013<br />

Visit one of the largest<br />

regional shopping centers<br />

in «Hauts-de-Seine», just a<br />

stone’s throw from Paris.<br />

Villeneuve-la-Garenne (92),<br />

FINALIZES LEASING OPERATIONS!<br />

Only four kilometers from Paris, the Villeneuve-la-Garenne regional shopping center<br />

is easily accessible and opens onto the Seine. With net surface area of 925,000 ft²<br />

(86,000 m²), this major site is located in the heart of an influential commercial offering.<br />

Providing exceptional visibility for retailers, the façade spans 1,300 feet (400 m) over the<br />

banks of the Seine and rises 80 feet (25 m) in front of Highway A86. With 170 shops and<br />

restaurants and 3,000 free parking spaces, the center is set to open at the end of 2013.<br />

A number of brands have already leased space<br />

in Villeneuve-la-Garenne, which will be home to<br />

a Carrefour superstore (237,000 ft² or<br />

22,000 m²), Marks & Spencer (nearly 54,000<br />

ft² or 5,000 m²), H&M (21,500 ft² or 2,000 m²),<br />

C&A (21,500 ft² or 2,000<br />

m²), Zara, Bershka, Mango,<br />

Sephora, Kiko, Guess,<br />

Accessorize, Pandora,<br />

Territoire Redskins,<br />

JD Sport, Camaïeu, Etam,<br />

Etam Lingerie, Pimkie,<br />

Jules, San Marina, Naf-Naf,<br />

Sergent Major, Optic 2000,<br />

Micromania, L’Univers de Léo, Tape à l’oeil,<br />

Jacqueline Riu, Brice, Calzedonia, Claire’s,<br />

La Générale d’Optique, Bijou Brigitte, Bizbee,<br />

Geox, Devred, Celio, Burton of London,<br />

Villeneuve-la-Garenne (92),<br />

a net surface area of 925,000 ft²<br />

(86,000 m²)<br />

Le Temps des Cerises, Foot Locker, Blue Box,<br />

Caroll, André, La Grande Récré, Yves Rocher,<br />

Jeff de Bruges, Izac, Bose, Kaporal, Le Tanneur,<br />

Hylton, Undiz, Kookaï, C-House, French Coffee<br />

Shop, Orange, Mezzo di Pasta, Manhattan’s<br />

Store, Marionnaud, The Body Shop, Point Soleil,<br />

Häagen-Dazs ® , Club-Sandwich, Subway and<br />

more!<br />

This project is located in a vast, dense area that<br />

is experiencing rapid growth and sees significant<br />

vehicle traffic (6,000,000 each month). Its<br />

catchment area of 1,000,000 inhabitants covers<br />

three départements: Hauts-de-Seine, Seine-<br />

Saint-Denis and Val-d’Oise.<br />

Lease Contact<br />

Stéphane VALLEZ : +33 1 44 95 51 86<br />

svallez@altareacogedim.com<br />

2 The retail news Magazine # november 2012<br />

The retail news Magazine # november 2012 3


TRENDS<br />

The Pathé multiplex,<br />

a 16-screen movie theater<br />

Expert opinion<br />

The fast food revolution<br />

In Toulon-La Valette, food service will be a key structural component of<br />

the retail-leisure offering. Bernard Boutboul (Gira Conseil), an expert in<br />

the French market for food industry, analyzes the changes the food service<br />

industry has seen in the last decade.<br />

Toulon-La Valette<br />

Retail & leisure<br />

Benchmarks<br />

• Industry sectors :<br />

fashion, beauty, culture, multimedia,<br />

sports, toys, home, restaurants<br />

and new cutting-edge<br />

concepts and trends.<br />

«Over the last<br />

ten years, the<br />

fast food industry<br />

has evolved<br />

significantly. The<br />

market actors have<br />

changed and the<br />

product offering has expanded. We<br />

have gone from two to 28 references.<br />

Wok dishes, pasta, tapas, pretzels,<br />

seafood restaurants, etc. There is now<br />

a fast food option for every palate! And<br />

this does not even include the fast<br />

food now being offered by Michelinstarred<br />

chefs.<br />

At the same time, consumer<br />

expectations have changed.<br />

Restaurants are supposed to be<br />

cheaper and faster, with more<br />

generous portions and higher quality<br />

ingredients. This is a difficult balance<br />

to strike for restaurants, which now<br />

find themselves forced to innovate<br />

continuously. To incorporate new<br />

concepts and follow trends, shopping<br />

centers must constantly be on the<br />

lookout for changes in the market. »<br />

With 215,000 ft² (20,000 m²)<br />

devoted to entertainment, including<br />

restaurants…Toulon-La Valette will<br />

undoubtedly rise to this challenge !<br />

A mixed-use urban program with<br />

residentials, offices, hotels and an<br />

offering of shops and leisure activities,<br />

the Toulon-La Valette project extends<br />

over 860,000 square feet (80,000 m²) and<br />

is part of an urban renewal effort.<br />

Combine retail and<br />

leisure<br />

With a gross leasable area of 550,000<br />

square feet (50,000 m²), this shopping<br />

and entertainment center will house a<br />

16-screen multiplex movie theater (3,250<br />

seats), two specialized department stores,<br />

a dozen medium-sized retailers, 60 shops<br />

and kiosks, some 20 restaurants, a fitness<br />

center and an entertainment concept for<br />

children.<br />

Reinvent<br />

“pleasure” shopping<br />

Designed by Wilmotte & Associés, the site<br />

was conceived as an open-air shopping<br />

street with a “California flair”. The<br />

program offers a vibrant living space that<br />

aims to enhance visitor well-being.<br />

The site was<br />

conceived as an<br />

open-air shopping<br />

street with a<br />

“California flair”.<br />

A unique architectural backdrop<br />

that facilitates exchanges in verdant<br />

throughways, a leisure offering adapted<br />

to new lifestyles, and event spaces<br />

devoted to entertainment all speak to<br />

its customer-oriented design. This truly<br />

next-generation shopping area will also<br />

feature 1,500 free parking spaces for the<br />

comfort of future visitors.<br />

«Mall» Contact<br />

Kahina DRICI : +33 1 44 95 51 96<br />

kdrici@altareacogedim.com<br />

«Restaurants» Contact<br />

Valérie BRUNEAU : + 33 1 44 95 58 36<br />

vbruneau@altareacogedim.com<br />

Key Figures<br />

• 550,000 ft² (50,000 m²)<br />

incuding 215,000 ft² (20,000 m²) devoted<br />

to entertainment and food services<br />

• Two specialized department<br />

stores<br />

• A dozen medium-sized retailers<br />

• 60 shops and kiosks<br />

Reasons to join us<br />

• The site is located in the heart of a major catchment area, one of the most vibrant in southern<br />

France.<br />

• The area has 700,000 inhabitants and welcomes over 10 million tourists every year (50% of<br />

whom in the greater Toulon area).<br />

• Our project offers improved accessibility via connections to several highways (A50, A57, A570)<br />

and an on-site transportation network.<br />

4 The retail news Magazine # november 2012<br />

The retail news Magazine # november 2012 5


TRENDS<br />

Interview<br />

« A new project for a new concept »<br />

Michel SEROR, Director of Development and Real Estate for Celio<br />

RM. : Remind us what makes the Celio<br />

brand strong today?<br />

« A true leader in men’s fashion, Celio<br />

now has 450 stores in France. Our<br />

stores come in three distinct formats:<br />

downtown stores (around 3,770 ft² or<br />

350 m²), stores located in shopping<br />

centers (3,770 to 5,380 ft² or 350 to<br />

500 m²), and retail warehouses with<br />

surface areas exceeding 5,380 ft²<br />

(500 m²). Celio is striving to become<br />

the top brand for tomorrow’s man<br />

in France and Europe.»<br />

RM. : What attracted you to the<br />

Toulon-La Valette project?<br />

« We came on board the project<br />

developed by <strong>Altarea</strong> <strong>Cogedim</strong><br />

from early on. In my opinion, the<br />

advantages of the program reside in<br />

the accessibility of the site and the<br />

size of the project. Another important<br />

feature is that Toulon-La Valette falls<br />

within one of the largest catchment<br />

areas in France. The quality of<br />

the architectural project is also a<br />

major selling point. It will ensure a<br />

unique shopping experience for our<br />

customers.»<br />

RM. : In your opinion, what are the<br />

new consumer trends?<br />

« In general, the retail offering and<br />

consumer trends are quite different.<br />

Toulon-La Valette is perfectly tailored<br />

to the new expectations of our<br />

customers, who are turning more and<br />

more towards this kind of mixeduse<br />

program. Here, the shopping<br />

experience is enjoyable, simple and<br />

friendly. Purchasing is a pleasure<br />

and the center offers spaces for true<br />

living and leisure. The Mediterranean<br />

spirit will also add to our customers’<br />

overall shopping experience. And each<br />

new project calls for a new concept.<br />

On this site, Celio will develop a new<br />

store format in line with the Group’s<br />

new ambitions. »<br />

Encounter with...<br />

«Where need meets potential»<br />

Jean-Pierre DECRETTE, Director of Development at GAUMONT-PATHÉ<br />

RM. : Could you tell us about your<br />

brand?<br />

« The two brands obviously still<br />

coexist. We were born from the<br />

merger of Gaumont and Pathé. Our<br />

brand is a leader on the markets<br />

where we are present: France<br />

(of course), Switzerland and the<br />

Netherlands. And our development<br />

strategy continues to move forward.<br />

The backbone of our business model<br />

is built upon three pillars: quality<br />

(vision, sound, comfort, reception,<br />

etc.), technology (digital, 3D, 7.1<br />

sound, etc.) and modernity (electronic<br />

ticketing, Smartphone apps, presence<br />

on social networks, etc.).<br />

Another major feature of our theaters<br />

is that they are designed by famous<br />

designers and architects…»<br />

RM. : Why did you choose<br />

Toulon-La Valette?<br />

« We were looking to expand upon the<br />

concept of Toulon La Garde, located<br />

right nearby. That is where the first<br />

multiplex in France was built, and<br />

we wanted to present our customers<br />

with a renewed offering. First of all,<br />

the project represents a meeting of<br />

needs and potential. Furthermore,<br />

Toulon-La Valette has the advantage<br />

of being a fully accessible site where<br />

our customers can easily get around.<br />

With its parking lot and the dedicated<br />

bus lane that will soon be in service,<br />

the project has major strengths.<br />

Lastly, the modernity of the Toulon-La<br />

Valette concept convinced our brand<br />

to join this project. »<br />

A view of the Toulon-La<br />

Valette shopping center<br />

6 The retail news Magazine # november 2012<br />

The retail news Magazine # november 2012 7


SITE NEWS<br />

SITE NEWS<br />

Massy, center of urban life<br />

Final leasing operations<br />

in Nîmes…<br />

With a prime location adjoining Carré Sud and Cap Costières in Nîmes,<br />

the site continues leasing operations before opening next March. With<br />

294,000 square feet (27,000 m²) of shops and a catchment area of 400,000<br />

inhabitants less than 20 minutes away, the Family Village ® Costières Sud<br />

in Nîmes enjoys many advantages. Three majors of Retail will be there :<br />

Decathlon (7,000m 2 ), Boulanger (5,000m 2 ) and Kiabi (3,300m 2 ).<br />

Ruaudin 2, expansion underway!<br />

Today<br />

Lease Contact<br />

Gilles VIDAL : + 33 1 44 95 51 26<br />

gvidal@altareacogedim.com<br />

Once an outlying area at the gates of the<br />

agglomeration, this center has become<br />

increasingly urbanized as the City of Massy<br />

has developed. This historic and emblematic<br />

commercial area is currently undergoing<br />

ambitious modernization and repositioning.<br />

The goal is to make Massy a center of urban life,<br />

where mobility will bring the retail sector to a<br />

new level.<br />

Lease Contact<br />

Dominique LE GUILLARD : + 33 1 44 95 52 73<br />

dleguillard@altareacogedim.com<br />

A new 32,000-ft² (3,000 m²)<br />

mall for Cap 3000<br />

“Saint Jean Cap Ferrat” is the name given<br />

to the new Cap 3000 mall with a surface<br />

area of 32,000 square feet (3,000 m²), it<br />

will host 12 new shops and restaurants:<br />

Desigual (7,500 ft² or 700 m²), American<br />

Vintage, Comptoir des Cotonniers, Sud<br />

Express, Massimo Dutti, G-Star, Zapa,<br />

Préférences, Starbucks, Muze (concept<br />

store) and Misaki (cultured pearls).<br />

Lease Contact<br />

Julien DELZEUX : + 33 1 44 95 51 23<br />

jdelzeux@altareacogedim.com<br />

OKABé<br />

welcomes<br />

new stores!<br />

The 376,000 square feet (35 000 m²)<br />

OKABÉ shopping center, opened in<br />

the heart of Kremlin-Bicêtre five<br />

minutes away from Porte d’Italie, in<br />

March 2010, now welcomes Furet du<br />

Nord. As of October 16, the center’s<br />

only multi-specialty cultural brand<br />

has been operating on 1,400 m²<br />

on the second floor. Furet du Nord<br />

offers a comprehensive range of<br />

products and services to a variety<br />

of clients. OKABÉ, however, is not<br />

stopping there – it will also welcome<br />

Hippopotamus (3,790 ft² or 352 m²<br />

GLA) in July 2013.<br />

Lease Contact<br />

Stéphanie LACOUR : + 33 1 44 95 51 10<br />

slacour@altareacogedim.com<br />

Tomorrow<br />

A breath of fresh air for<br />

Jas-de-Bouffan…<br />

The Hunaudières Family Village ® in Ruaudin, near Le Mans, is expanding to complete<br />

its offering with a 35,000-m² shopping center that will be home to an Auchan superstore,<br />

seven medium-sized retailers, seven restaurants, 50 boutiques and 1,450 parking<br />

spaces. Located south of Le Mans, on the mythical long straight - the Ligne Droite des<br />

Hunaudières - of the 24 Hours of Le Mans, this open-air concept offers family retail and<br />

entertainment for a pleasurable shopping experience in a warm and friendly environment.<br />

Lease Contact<br />

External medium size stores and restaurants<br />

Valérie BRUNEAU : + 33 1 44 95 58 36<br />

vbruneau@altareacogedim.com<br />

Mall contact<br />

Audrey FAVRE : +33 1 44 95 51 19<br />

afavre@altareacogedim.com<br />

On the western border of Aix-en-Provence, the<br />

Jas-de-Bouffan shopping center is planning a<br />

54,000-ft² (5,000-m²) expansion in 2014. The<br />

program will eventually include a Géant Casino<br />

superstore with over 108,000 ft² (10,000 m² )<br />

of retail space, one medium-sized retail outlet,<br />

65 boutiques, one restaurant area and 1,600<br />

parking spaces. Ideally located in a rapidly<br />

developing district between downtown and the<br />

suburbs, the shopping center is easily accessible<br />

from major roadways.<br />

Lease Contact<br />

Jérôme L’HERMITTE : + 33 1 44 95 55 95<br />

jlhermitte@altareacogedim.com<br />

Gramont is expanding!<br />

Espace Gramont has strengthened its<br />

retail power in the center of the Toulouse<br />

region thanks to recent construction.<br />

A 54,000-ft² (5,000-m²) extension has<br />

allowed for the expansion of the Auchan<br />

superstore (surface area of 27,000 ft²<br />

or 2,500 m²) and the creation of 18 new<br />

boutiques including Bouygues Télécom,<br />

Devred, Companero, Body minute, Cœur<br />

de blé, Kiko, Maroquinerie Lafarge, Alain<br />

Afflelou, Adidas, The Shop, Restaurant<br />

Tokami, Restaurant Fresh Burger,<br />

Photomaton, and Brandstore. Lastly, this<br />

construction has increased the capacity of<br />

the parking lot, which now has a total of<br />

2,700 spaces, of which 1,600 are covered.<br />

Lease Contact<br />

Jérôme L’HERMITTE : +33 1 44 95 55 95<br />

jlhermitte@altareacogedim.com<br />

8 The retail news Magazine # november 2012<br />

The retail news Magazine # november 2012 9


Innovations<br />

ACTIONS<br />

RM : But online retail is a profession<br />

in itself…<br />

G.P. : Absolutely, online sales require<br />

specific know-how, and Rue du<br />

Commerce gathers together the<br />

expertise necessary (product manager/<br />

project manager/webmaster, etc.) to<br />

make the offerings with which brands<br />

entrust us as dynamic as possible. We<br />

offer customized solutions that adapt<br />

to companies’ particular sales policies<br />

and budget constraints. We have<br />

developed over 500 brand areas on the<br />

website. We of course aim to promote<br />

the products of brands that trust us<br />

and to generate traffic.<br />

Rue du Commerce<br />

in brief<br />

6 8 to million<br />

unique visitors per month<br />

2<br />

Over<br />

million<br />

products online<br />

2,4 million<br />

direct clients<br />

Open up to<br />

new COnsumers<br />

With Rue du Commerce, <strong>Altarea</strong> <strong>Cogedim</strong> wants to develop new synergies<br />

between physical and virtual retail, thereby offering brands new<br />

opportunities. Gauthier Picquart, President of Rue du Commerce explains<br />

the potential retailers can unlock by using the site.<br />

RM : What do you offer<br />

“physical” retailers<br />

who wish to join the<br />

site?<br />

G.P. : « Our goal is to<br />

offer them the potential<br />

our virtual shopping<br />

mall presents and give<br />

them additional online<br />

visibility with the utmost<br />

respect for their product lines and specific<br />

constraints. The idea is simple: offer them<br />

the opportunity to conquer new clients<br />

whose consumption habits are different.<br />

Brands that join us can present their<br />

products to people who rarely – if ever –<br />

frequent shopping centers. In addition, we<br />

have tools that enable brands to better<br />

know and understand their customers.<br />

Finally, joining Rue du Commerce means<br />

guaranteeing maximum visibility for sales<br />

operations developed by the brands.<br />

RM : How will synergies between<br />

physical and virtual business evolve in<br />

the future?<br />

G.P. : Consumer trends are changing<br />

and e-commerce is taking an<br />

increasingly prominent role in the way<br />

we do business. Our goal is to support<br />

the Group in this transition, just as we<br />

count on <strong>Altarea</strong> <strong>Cogedim</strong> to help us<br />

understand the “physical world.” Today<br />

we are studying all types of possible<br />

synergies in order to invent the multichannel<br />

business model of tomorrow.<br />

We must keep in mind that customers<br />

remain in control of their purchases<br />

and that we must do everything<br />

possible – in centers and on the web –<br />

to seduce them and gain their loyalty! »<br />

A Rue du<br />

Commerce<br />

Iphone ®<br />

application is available.<br />

BREEAM or incorporating<br />

the highest standards…<br />

With Altagreen ® , a progressive approach to advancing sustainable<br />

development, <strong>Altarea</strong> <strong>Cogedim</strong>’s challenge is to design buildings<br />

that consume much less energy and are ambitious with regard to the<br />

environment.<br />

Today, <strong>Altarea</strong> <strong>Cogedim</strong> is incorporating<br />

the highest international standards<br />

into its projects, including BREEAM<br />

(Building Research Establishment<br />

Environmental Assessment Method)<br />

certification.<br />

The most widely used referential around<br />

the world for evaluating the overall<br />

performance of commercial assets,<br />

BREEAM rates the following areas:<br />

management system, energy, health,<br />

comfort, pollution, transport, land use,<br />

biodiversity, materials and water.<br />

Villeneuve-la-Garenne,<br />

«Very good» at the very least !<br />

“Very Good”<br />

AT the very least<br />

This referential is based on a grading<br />

system that attributes points according<br />

to performance achieved in each area.<br />

After weighting, an overall rating is<br />

determined (Pass 30%, Good 45%, Very<br />

Good 55%, Excellent 70%, Outstanding<br />

85%). <strong>Altarea</strong> <strong>Cogedim</strong> has committed<br />

to achieving a rating of at least “Very<br />

Good” on all new projects, as is the case<br />

for the forthcoming shopping centers in<br />

Villeneuve-la-Garenne and Toulon-La<br />

Valette.<br />

10 The retail news Magazine # november 2012<br />

The retail news Magazine # november 2012 11


PORTFOLIO<br />

Bercy Village,<br />

celebrate its 10 th<br />

anniversary<br />

To celebrate its birthday, Bercy Village has<br />

strengthened its commercial presence with<br />

the arrival of 10 new stores (Factory&co,<br />

EspressamenteIlly, Dammann Frères, Casa<br />

del Campo, Adam’s, Eric Kayser, Nicolas,<br />

Boco, ID kids and La Fnac). France’s first<br />

retail-entertainment concept, Bercy Village<br />

attracts over 12 million visitors every year in a<br />

welcoming neighborhood accessible by metro<br />

line 14 and close to Bercy Park, the banks of<br />

the Seine and the future tramway.<br />

The first Alsatian<br />

Apple planted in<br />

L’Aubette…<br />

On September 15, 11,500 people<br />

attended the opening of the<br />

first Apple Store in the L’Aubette<br />

shopping center in Strasbourg.<br />

With a surface area of 6,500 ft²<br />

(600 m²), this Apple Store is the<br />

12 th of its kind in France and the<br />

first in Alsace. Responding to<br />

consumers’ telephone and new<br />

technology needs, the Apple Store<br />

is a fine addition to L’Aubette’s retail<br />

offering.<br />

Find Kiko in our OKABE<br />

and CAP 3000 centers.<br />

Kiko receives<br />

the Performance<br />

award<br />

Kiko, an Italian makeup<br />

brand, have been awarded the<br />

“Performance” prize at the XXII<br />

Enseignes d’Or Ceremony as well<br />

as La Pataterie.<br />

Sant Cugat<br />

(Barcelona)<br />

welcomes<br />

new brands<br />

Kiko, Rituals,<br />

Swarovski, Calzedonia,<br />

Foot Locker, Bijou<br />

Brigitte, Orange,<br />

Claire’s. Come discover<br />

the center in Spain!<br />

Marks & Spencer<br />

at Villeneuve-la-Garenne<br />

Marks & Spencer (nearly 54,000 ft² or 5,000 m²)<br />

has signed a lease in the Villeneuve-la-Garenne center.<br />

A reference in the world of real estate, developer and commercial property company <strong>Altarea</strong> <strong>Cogedim</strong> operates<br />

on the three main real estate markets: retail, residential and office. With the acquisition of Rue du Commerce, a<br />

leading French online retailer, <strong>Altarea</strong> <strong>Cogedim</strong> has become the first multi-channel commercial property company.<br />

Present in France, Spain and Italy, <strong>Altarea</strong> is listed on compartment A of NYSE Euronext Paris.<br />

Printed on 100% recycled FSC paper. No contractual use.<br />

Multi-channel real estate: retail, e-commerce, residential, offices<br />

Tel. +33 1 44 95 58 35<br />

commercialisation@altarea.com<br />

ALTAREA COGEDIM<br />

8 avenue delcassé - 75008 paris<br />

www.altareacogedim.com

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