A N N U A L R E P O R T - Bouygues

• Château Blanc, a 30,000 m 2 development
at Wasquehal in northern
France.
The company has concluded a property
development agreement for the
construction of 46,000 m 2 of office
space in Issy-les-Moulineaux for
Generali.
Bouygues Immobilier, having already
delivered 113,000 m 2 of retail parks in
Europe, mostly in Spain and Portugal,
has drawn on its experience and success
in the segment to tackle the
French market.
Cristallia programme, Madrid: 92,000 m 2 of offices
The company will develop three more
retail parks in 2006, at Nîmes, southeastern
France (12,000 m 2 ), Marollesen-Hurepoix
to the south-east of Paris
(10,000 m 2 ) and Caen, northern France
(15,000 m 2 ).
Sales growth in Europe
Bouygues Immobilier has continued
to expand its operations in Spain,
Portugal, Germany, Belgium and
A shopping centre project in Lisbon
Boulogne sold to investment fund
Warburg-Henderson which houses
the headquarters of the National
Cancer Institute.
Major projects currently in progress
include:
• Exaltis, a 23,000 m 2 tower in Paris La
Défense sold to La Mondiale, scheduled
for delivery in March 2006 and
partly let to Mazars & Guérard;
• refurbishment of the former Medef
headquarters on Rue Pierre 1 er de
Serbie (Paris 8), a 6,300 m 2 development
sold to Crédit Suisse Asset
Management;
• the Dijon Business Centre, a 15,000 m 2
development housing the Côte d’Or
Departmental Council, the Dijon
Chamber of Commerce and Industry
and an Ibis hotel;
• the Woodstock business park at
Lyon Saint-Priest, which on completion
will comprise 13 buildings on a
32,000 m 2 site;
Valparimmo, a joint subsidiary of
Bouygues Immobilier and EDF, has
negotiated the purchase from the
Paris city authorities of another site at
Issy-les-Moulineaux for the construction
of 87,000 m 2 of office space.
A lease has been signed with Airbus
for the construction of 5,600 m 2 of
office space in Toulouse.
Retail parks: launch
on the French market
Bouygues Immobilier staked out a
position on the French retail park market,
delivering a first 10,000 m 2 project
at Beaucaire, in Provence, in 2005.
Retail parks offer consumers an innovative
complement to city centre
shopping featuring distinctive architectural
design in a landscaped environment.
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