Mipim 2018 news 1 by RX REAL ESTATE SHOWS

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NEWS 1 Tuesday 13 March 2018 www.mipim.com

P3 TARGETS GERMAN BROWNFIELD SITES

CANADAâ&#x20AC;&#x2122;S WEST COAST DRAWS INVESTORS

JAPAN FACES CHALLENGE OF AGEING POPULATION

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Biggest hospitality project in South America (Brazil)

Gremi International SARL, based in Luxembourg, an international holding company (operating in LU, PL, BR, NL, MC) is developing the “Eco Estrela” project in Baia Formosa, Brazil. It is a new world class, prestige tourism destination comparable to exotic, luxury locations such as Porto Cervo, Sardinia (Italy), Sotogrande (Spain) or Mayakoba (Mexico). ”Eco Estrela” project is envisaged to comprise of several hotels, resort facilities as well as luxury residential units. Project implementation is planned in a phased development approach. The projects site’s unique selling propositions are its exceptional location providing a feeling of remoteness and privacy, its potential to offer a range of activities, favorable weather conditions and market trends.

Distance to the New Airport approx. 99 km

Natal Federal Highway (BR) 101

101

Lisbon

Miami

Natal - Baía Formosa

(1 - hour drive on BR101) Pipa

Natal

101

Baía Formosa 101

Gremi International SARL is looking for an Investor, for the 1st phase of the “Eco Estrela Project” (“Six Senses Formosa Bay”) developed in cooperation with Hotels, Resorts & Spas management company Six Senses (www.sixsenses.com). The final completion of the interior and exterior of the resort is planned for 2021. The project currently has all the formal allowances and permits from authorities.

WWW.ECOESTRELA.COM

João Pessoa (1 - hour drive)

Recife

(3.5 - hour drive)

The nearest international airport is in Natal (99 km via highway). Opened in June 2014 the airport offers high standard and has potential to receive airplanes as large as the Airbus A380 and serve up to 6.2 millions passengers per annum. Due to its proximity to Europe, it is the shortest and most fuel-efficient cross Atlantic Ocean location in the Americas.

For detailed investor / developer information please visit the Brazil stand at MIPIM 2018 (P-1.A20/P-1.B19) Mr. Piotr Maj - Head of EcoEstrela Project E: p.maj@gremi.pl, T: +55.84.99686.0330

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On diversity and equality, MIPIM can be part of the solution 25,000 leaders representing the international real estate community, city administrators and politicians from 100 countries will attend MIPIM. This year, the world’s largest real estate event takes place against a backdrop of introspection, not only within the property sector, but across many other industries, as attitudes towards equality, diversity and behavioural norms in the workplace are under scrutiny. In the weeks that have preceded MIPIM, we have had numerous conversations with clients who acknowledge that the real estate industry needs to do more to ensure equality and diversity. There are many industry leaders, women and men, who are and who have been championing change, not just because it makes ethical and moral sense, but because it is also good for business. Filippo Rean, head of real Indeed, the global real estate industry is evolving radically and those estate division, Reed MIDEM organisations that truly think differently will be better placed to succeed in the future. The only way to think differently is to have a broad range of people around the decision-making table. In short, an industry that wants to employ the brightest and best needs to be able to attract the top talent regardless of gender, race, sexuality, and economic background. At MIPIM, we will provide an international platform for the debate, for issues to be aired and for progress to be made in the fields of equality and diversity. We believe that this is an exciting and unique moment in time where tangible progress can be made. The programme for MIPIM demonstrates the appetite for change. The Opening Keynote by 20-year-old American author, lecturer and advocate for the young generation, Adora Svitak, will be a fitting and stimulating call to action about how urban development needs to take into consideration the aspirations of the young. We believe that the largest ever Women in Real Estate networking event on March 13 will be a forum for constructive exchanges. New technology and PropTech focuses at MIPIM will be a timely reminder about the new thinkers and game-changers who are driving the tech startups that are increasingly impacting real estate. Our conference sessions devoted to urban development in Africa will raise awareness of important issues facing a continent that is seeing city population growth explode. In addition to the official conference programme’s Future Of Work: The Benefits Of Diversity (March 15), MIPIM is working alongside the Department of International Trade’s The Importance Of Workforce Diversity In The Knowledge Economy (March 15) and the London Stand/Estates Gazette-hosted London Is Open: Diversity Is A Mindset (March 14) panels to provide food for thought and action. MIPIM 2018 is a unique opportunity for the forward-thinkers of the sector to interact and exchange ideas so that, together, we can move towards a time when diversity, equality and mutual respect are no longer issues in or outside the workplace.

MIPIM News 1 •

• 13 March 2018

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JAMES ANDREW INTERNATIONAL TILT 49, 1812 BOREN AVENUE, SEATTLE, WA, USA

NORTH WEST HOUSE, 119/127 MARYLEBONE ROAD, LONDON NW1

Acquisition of a 50,000 sq ft self-contained office building on behalf of WeWork.

17-18 DOVER ST LONDON W1

A new 290,573 sq ft LEED Gold office building acquired for Takenaka Corporation and net leased to Amazon for 15 years. Acquisition price US$268.5 million.

Flagship Mayfair retail & leisure building leased to The Arts Club for their new concept spa on behalf of Amsprop.

THE POINT, NORTH WHARF ROAD, PADDINGTON, LONDON W2

THE BILLIARD FACTORY, 443-449 HOLLOWAY ROAD, LONDON N7

BEAUFORT HOUSE, LONDON EC3

Acquisition of a new European headquarters on behalf of Addison Lee.

71,000 sq ft B1, B8 & D1 campus with substantial development potential sold to Fabrix Capital.

400,000 sq ft office building, Ongoing agency asset/facilities management including recent letting of 55,000 sq ft to Amazon.

BROCK HOUSE, 19 LANGHAM STREET LONDON W1

Circa 30,000 sq ft office building acquired on behalf of The Office Group.

Head Office: 72-75 Marylebone High Street, London W1U 5JW T: +44 (0)20 7224 4436 www.jamesandrew.co.uk

WEST END & CITY OF LONDON

I NEW YORK I WASHINGTON DC

CONTENTS

8 NEWS UK Government targets regeneration investment; private investment to drive city growth says McKinsey; Turkey addresses environmental challenges; and more...

DON’T MISS OUR THOUGHT LEADERS TUESDAY 13 MARCH

14.00 - 14.30 Grand Auditorium, Palais 1

Opening ceremony Urbanity: new rules for new cities Adora Svitak Writer, speaker, advocate 14.30 - 16.00 Grand Auditorium, Palais 1

Writing new urban rules Dr. Auma Obama Founder and Managing Director, Sauti Kuu Foundation

69 PROJECT NEWS Around the world in 22 projects

46 FULL CONFERENCE PROGRAMME

85 FEATURES Paris – The turnaround gathers pace

Moscow – A brighter prospekt

Lagos – Back in the game

DIRECTOR OF PUBLICATIONS Paul Zilk MARKETING DIRECTOR Mathieu Regnault

NEWS 1 Tuesday 13 March 2018 www.mipim.com

EDITORIAL DEPARTMENT Editor in Chief Graham Parker News Editor Doug Morrison Sub Editors Clive Bull, Julian Newby, Joanna Stephens Proof Reader Debbie Lincoln Reporters Adam Branson, Ben Cooper, Mark Faithfull, Isobel Lee, Mark Moore, Liz Morrell, Head of Graphic Studio Herve Traisnel Graphic Studio Manager Frederic Beauseigneur Graphic Designers Muriel Betrancourt, Véronique Duthille, Carole Peres Head of Photographers Yann Coatsaliou / 360 Media Photographers Christian Alminana, Phyrass Haidar, Olivier Houeix, Sébastien Nogier Editorial Management Boutique Editions PRODUCTION DEPARTMENT Publishing Director Martin Screpel Publishing Co-ordinator Veronica Pirim ADVERTISING CONTACT IN CANNES Mylene Billon mylene.billon@reedmidem.com Reed MIDEM, a joint stock company (SAS), with a capital of €310.000, 662 003 557 R.C.S. NANTERRE, having oﬃces located at 27-33 Quai Alphonse Le Gallo - 92100 BOULOGNE-BILLANCOURT (FRANCE), VAT number FR91 662 003 557. Contents © 2018, Reed MIDEM Market Publications. Publication registered 1st quarter 2018. Printed on PEFC Certiﬁed Paper.

MIPIM News 1 •

• 13 March 2018

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Open for business

MIPIM 2018 is open for business with a busy programme of events to animate four days of networking, dealmaking and learning

Finishing touches on the Engie stand

MIPIM director Ronan Vaspart welcomes investors at the REInvest Dinner

MIPIM News 1 â&#x20AC;˘

Business began early in the Japanese pavilion

â&#x20AC;˘ 13 March 2018

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İstanbul presents its showcase projects at MIPIM İstanbul’s multifaceted identity, rich culture and history, and the real estate investment opportunities are on display at “MIPIM 2018 - the world’s leading property market” which opened its doors today in Cannes, France. İstanbul, which has been located at the crossroads of Europe and Asia for centuries, strengthened its ambition to become the new global meeting place with mega projects. 24 thousand international real estate professionals from 100 countries will meet in Cannes, France for MIPIM, the world’s largest property fair, on 13-16 March and İstanbul Tent, set up by the İstanbul Chamber of Commerce on the Cannes seafront will again be the most productive business venue at MIPIM. İstanbul Chamber of Commerce represents more than 60 thousand property and construction companies. ICOC’s President, Öztürk Oran said that the İstanbul Tent will create the ideal environment to promote and create joint ventures for Turkey’s mega projects, as well as showcase projects. Benefit from the opportunities Istanbul offers Mr. Oran said that MIPIM is an important platform to exhibit Istanbul’s multifaceted identity, rich history and the opportunities it offers. He said, “We are ready to further strengthen Istanbul’s prestige at MIPIM 2018.” Noting that MIPIM 2018’s main theme is “Mapping World Urbanity,” Mr. Oran said, “İstanbul is the ideal city for MIPIM’s main theme for this year. The Kanal Istanbul, the third airport and many other projects are transforming Istanbul’s cityscape. We invite all investors to benefit from the opportunities Istanbul offers in 2018.” Mr. Oran indicated that 60% of the global population will be living in cities by 2030. “The changes in urban life are of great interest to the real estate sector. What kind of cities will we live in in 2030 or 2050? In a world ruled by cities, what will the new rules or the best strategies for investment and property development be? The changes in Istanbul in recent years have helped the city to find the answers for these questions; it continues to implement these answers.” Once you discover Istanbul, you cannot leave it ICOC’s President Mr. Oran said, “In Turkish culture, we say that the memory of a cup of coffee lasts 40 years. We invite everyone to visit İstanbul at least long enough to have a cup of coffee. We believe that once you discover İstanbul, you cannot leave it.” Mr. Oran noted that the real estate sector stimulates more than 300 sectors and that “Our contractors use their know-how to build the world. Turkey’s construction materials exports reached billions of dollars. Turkish contractors have undertaken many projects around the world totaling more than $350 billion. Likewise, the construction material exports reached $16 billion in 2017.”

Dogan Erdogan: Mobile 0090 (530) 640 95 65

İstanbul Tent Participants Ministry of Environment and Urbanization of Republic of Turkey • Investment Support and Promotion Agency of Republic of Turkey • Emlak Konut • Aremas • Fuzul Yapı • Gülan Otomotiv • Halk GYO • Muum Mimarlık • Oyak İnşaat • Tahincioğlu • Teknik Yapı • Yeditepe Organized by Istanbul Chamber of Commerce

WHAT IS ON AT İSTANBUL TENT? WE WOULD LIKE TO CORDIALLY INVITE YOU TO İSTANBUL: MUCH MORE THAN A CITY 13 March 2018 • Our Press Meeting will start at 09.45 as scheduled and will be broadcasted by leading media outlets in Turkey to present İstanbul widely to the world. • The official opening of Turkey and inauguration of Istanbul tent. 14 March 2018 • At 11:00 a.m. Presentation of Investment Support and Promotion Agency of Republic of Turkey titled ”Why Invest in Turkey” • We have a “Traditional İstanbul Tent Network Cocktail” at 14.00 p.m. - all MIPIM participants are welcome to join. • At 15:30 p.m. Presentation of the Ministry of Environment and Urbanization of Republic of Turkey titled “Urban Regeneration Projects of the Ministry of Environment and Urbanisation”

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UK delegation outlines strategic opportunities

Members of the UK’s DIT delegation: Abigail Raymond (left), Cathy Franklin, Ummar Hanif, Sally Ronald, Naisha Polaine

THE BRITISH government is back in Cannes pressing the case for investment into the UK real estate sector. The UK Department for International Trade (DIT), which attended MIPIM for the first time last year, has organised a series of prominent speakers from the private and public sectors to highlight the opportunities in Britain despite uncertainties over Brexit. Gavin Winbanks, director of capital investment at the DIT, said that a “superb line-up that includes mayors, senior public-sector leaders and high-profile figures from the private sector” has been laid on the for the week. Winbanks said: “To help our investors understand the opportunities, we’re looking to the future and focusing on innovation and disruption; how can new ways of working, changes in construction and delivery, and innovative financing models deliver the housing and infrastructure that all regions of the UK need to thrive and grow?” Among the topics being discussed across a series of events throughout the week are the value of real estate investment

and development on the wider UK economy, the need for innovation in building design, co-operation between cities, and the latest developments in proptech. Susan Caldwell, the DIT’s managing director for strategic relationships and performance, said: “The UK has an ambitious pipeline of future infrastructure investment that includes new and upgraded transport as well as digital infrastructure that will transform connectivity within and between our places. This forms one of the core pillars of our UK Industrial Strategy.” As well as discussing key themes and topics, the UK DIT team will be promoting individual projects and opportunities for the international markets. Naisha Polaine, DIT’s head of projects for property and infrastructure, said: “The projects team is promoting more than 80 projects at this year’s MIPIM with a combined value of over £30bn (€33.8bn). Look out for the launch of the first Scotland investment portfolio on Thursday – nine projects from Glasgow to Aberdeen with a value in excess of £1.7bn.”

WORLD CUP HELPS MOSCOW ACHIEVE REAL ESTATE GOALS THE MOSCOW city government is ready to attract a wave of new international investors at this year’s MIPIM, as it presents a raft of key projects and achievements in urban development. 2017 saw Moscow launch a unique renovation programme for the city’s residential housing stock, to transform more than 5,000 obsolete homes covering over 16 million sq m. More than 1 million residents of five-storey buildings will move to new, quality housing, while over 500,000 residents will be able to buy apartments in houses built for the programme. Over the past seven years, 56 million sq m of real estate has been built in Moscow, equal to 13% of the city’s total urban real estate. The length of metro lines has increased by 30% to 115 km, while more than 650 km of new roads have been built. The opening of the Moscow Central Circle (MCC) integrated railway and land transport into the existing metro system. Since the launch of the MCC, more than 100 million people have used its services, reaching a daily traffic of 400,000 people. This year Moscow will host a major international sporting event — the FIFA 2018 World Cup. The main sports arena, Luzhniki Stadium, where the biggest matches of the competition will be held, has been nominated for the MIPIM 2018 Awards, along with Zaryadye Park, which has become one of the most visited places in the city since its opening in 2017. On July 17, right after the final of the World Cup, Zaryadye Park will host Moscow Urban Forum 2018, bringing together city mayors, city managers, leading urban experts and investors to discuss city development opportunities. According to Moscow’s deputy mayor for urban policy and construction, Marat Khusnullin, there has been a steady growth of investment in construction projects across the city in recent years. These have included the reorganisation programme for Moscow’s industrial zones, the creation of new transport hubs and the construction and development of new Moscow districts.

Moscow’s vibrant skyline

MIPIM News 1 • 10 • 13 March 2018

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CMY

1 2018/02/18 23:14

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New technology can improve urban living, research says

Valerie von der Tann

Jonathan Woetzel

Gernot Strube

DIGITAL technologies have the potential to improve citizens’ quality of life by 10-30% across a wide range of metrics, according to research by the McKinsey Global Institute. McKinsey & Company’s think tank investigated how cities could make use of 50 applica-

tions across eight areas of urban living, including mobility, security and healthcare. It found that in the vast majority of cases digital technology could allow cities to do more for less. However, the research also concluded that the private sector will play a much greater role in

the delivery of services if the benefits of smart city technology are maximised. “We are starting to get a grip on what a smart city is and really understanding the roles that the different stakeholders play,” said Gernot Strube, senior partner at McKinsey & Company.

Financial climate good for real estate REAL estate’s role as a safe-haven investment in politically and economically uncertain times should ensure that property pricing remains robust, with the UK regions in a particularly strong position, according to Walter Boettcher, chief economist at advisor Colliers International. Boettcher pointed to positive economic performance globally supporting occupier markets; and strong capital availability and fund allocations as all being stable factors, with only the financial environment “undergoing a sea change as interest rates and bond yields seemingly turn the corner on a 36-year bull market”. With base rates, debt costs and government bond yields rising over the next five years, property investment returns will transition to a “new normal” which will be more subdued and less

volatile, he said. “The new normal will be more benign than the old pre-financial crisis normal,” he said. “While we may see some price corrections, as many investors are looking to increase their exposure to property and are more confident about the liquidity of regional markets, these should be limited.”

Damian Harrington, director and head of EMEA research, said the UK featured strongly in the company’s wide-ranging analysis of investment and occupier potential among European cities. “If anything, cities such as Birmingham are under-invested. Brexit may have created some investor caution and also real estate investment is perhaps be-

Colliers International’s Damian Harrington (left) and Walter Boettcher

MIPIM News 1 • 12 • 13 March 2018

“So far, this has been looked at more from a public-sector side. What’s happening now is people are looking at how this technology allows public and private sectors to work together for the benefit of citizens.” McKinsey & Company consultant Valerie von der Tann added that in many instances it makes financial sense for the private sector to get involved. “There are a lot of smart city applications where you could see the private sector taking the lead,” she said. “A lot of the investments that are required for smart cities have a positive financial return.” Senior partner Jonathan Woetzel added that some cities have made good use of technology, but that embracing the private sector would allow them to go further. “There are many examples of innovation in the public sector in the US, whether we’re talking about pothole detection in Boston or predictive policing in New York,” he said. “This technology allows the private sector to accelerate that even more.”

hind the curve in terms of the available opportunities and returns,” he said. Boettcher added that increased political devolvement to regional UK cities was creating greater certainty and assurance for investors and said that he foresaw their promotional role would further boost UK cities. Separately, the Bulgarian property investment market had a record-high year in 2017, recording sales of €957m across the year. The performance marked a sharp jump up compared with the previous year, when transactions totalled just €262m, driven largely by keen interest from South African funds. The findings, part of Colliers International’s latest report into the Bulgarian property market, revealed that by far the most attractive sector was shopping centres, which accounted for 70% of all investment transactions, followed by offices.

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VENTURES 130 East Randolph Street Suite 2100, Chicago, IL JJ Smith jjsmith@ca-ventures.com

Actively seeking land, joint ventures, development and renovation opportunities, condo/for sale schemes that we can convert to rental including existing assets in major university markets throughout Europe.

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LET'S TA LK CE E DEVELOPMEN Central Europe is growing at a European-leading pace. International companies continue to choose CEE based on the key criteria of proximity to western European markets, high-quality, cost-effective labour, and excellent infrastructure. With over two decades of experience, CTP has earned its reputation as the built-to-suit developer of choice for clients active in R&D, high-tech manufacturing and â&#x20AC;&#x201D; increasingly â&#x20AC;&#x201D; the e-commerce and ICT sectors.

If you're looking for a smart, emerging-market location, come and talk to us. CTP can help you identify the ideal CEE location, and develop facilities that best fit your needs. Remon L. Vos, FRICS CTP CEO

2.3 ctp.eu

CTP Portfolio Growth Plan (million m2) 2014

2018

2022

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ENT 4.5 mil. 233 mil. 97.7% Rentable area (m2)

Gross Rental Income (EUR)

Occupancy

Hall: Riviera 7 Stand: R7.E66

Premium Business Properties

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MANCHESTER MOVES MIPIM LOCATION MANCHESTER at MIPIM has relocated to the VIP Club on level three of the Palais, following flood damage. The packed programme of conferences and presentations is unaffected and the new location will be the 2018 base for Manchester’s MIPIM delegation which has now grown to be one of the largest city-region presences at the global property conference.

ILG WINS €400m RETAIL MANDATE ILG CAPITAL, the retail specialist, has been awarded an institutional mandate to invest in German retail property by Helaba Invest. Helaba Invest will be the sole investor for the mandate’s €250m of equity. Investments will total around €400m. Florian Lauerbach, joint managing director of ILG Capital, said: “This mandate demonstrates our capabilities as a partner for institutional investors in the German retail real estate sector. The fund will invest in retail big-box centres anchored by food suppliers.”

UNION LAUNCHES €750m FUND UNION Investments has launched a residential Alternative Investment Fund (AIF) called Wohnen Deutschland Spezial, which will be managed by Deutsche Asset One. The new fund, which exclusively targets co-operative investors, already has a third of its target volume of €750m, largely as a result of Deutsche Asset One implementing seed investment through a nationwide portfolio comprising 2,200 apartments worth €200m. The profile of the fund will include existing properties and new residential units throughout Germany.

P3 adjusts development pipeline to meet new German guidelines PAN-EUROPEAN logistic developer P3 has successfully rebalanced its development pipeline in Germany in order to future-proof it in reaction to changing government policy. The German federal government is progressively reducing the volume of development permitted on greenfield land, so that by 2020 greenfield development will be minimal. In response, Jurgen Diehl, P3’s managing director in Germany,

said the developer had now repositioned its development pipeline in favour of brownfield redevelopment. “In the near future, the government won’t allow any more development on greenfield,” he said. “It doesn’t want to waste too much more greenfield on settlements or industrial buildings. They want to re-use and redevelop land.” P3’s pipeline currently stands at 150,000 sq m, of which 65 is now brownfield redevelopment. Its ex-

Jurgen Diehl, P3’s managing director in Germany

isting assets total 310,000 sq m. “So, you can see where we are going at the moment and this is crucial given the lack of land we have in Germany,” said Diehl. “We’re doing more brownfield redevelopment in Germany, because it paves the way for growth.” Diehl added that the approach is typified by its next redevelopment project at the P3 logistics park in Dreieich, south of Frankfurt. The project involves redeveloping an existing 1970s warehouse, in the process creating a 32,400 sq m that is 20% bigger than its predecessor. Demolition works of the 26,800 sq m property started on March 1 and is expected to be completed in the third quarter of this year. Completion of the new warehouse is scheduled for May 2019. The Dreieich project is the fourth in P3’s brownfield redevelopment programme, following schemes on logistics parks in Bedburg, Kamen and Pfungstadt. • For a logistics overview see p53

Investors look to secondary cities THE PARTNER cities of Leipzig and Hanover, the city of Nuremberg and the Rhine-Neckar metropolitan region have joined forces to exhibit together in the German Pavilion at this year’s MIPIM. According to leaders from the areas concerned, major investors are increasingly interested in Germany’s second-tier cities, rather than simply looking for opportunities in the country’s traditional top seven locations. They point out that investors can often find more stability and better returns in secondary locations. Scope Research figures show that 40% of tenants in Germany’s top seven cities entered

into lease terms of up to five years over the past 10 years. In secondary cities, however, only 25% of tenants had entered into a short-term arrangement. Christiane Ram, head of the economic and structural support

German cities join forces at MIPIM

MIPIM News 1 • 16 • 13 March 2018

department at the City of Mannheim, said: “Price levels in the traditional real estate hotspots have grown at a faster rate than yields over recent years. This has encouraged investors to seek out alternative locations.”

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WHY THE FUTURE LIVES IN CANADA’S CITY OF SURREY THE CANADIAN city of Surrey claims to have “one of the smartest populations in North America”, according to mayor and MIPIM first-timer Linda Hepner. “In terms of average educational standards. It’s also a very multilingual population. And a third of our population is also under 19-years-old.” No wonder, then, that Surrey’s motto is ‘The Future Lives Here’. Surrey is part of Metro Vancouver in British Columbia and lies just north of the US border and the 49th parallel. The city is injecting over C$16bn ($10.1bn) in development and infrastructure over the next 10 years as part of a drive to make Surrey “North America’s next metropolitan centre”, Hepner said. “We are the fastest growing urban area and economic centre on the West Coast. We will also overtake Vancouver as the largest city in British Columbia within 10 years.” Surrey is at MIPIM to outline its various investment opportunities. Hepner cited Fraser Port, with its access to Asia, as offering “great opportunities” to exporters. “And we’re also the second largest border crossing to the US in Canada.”

Surrey mayor Linda Hepner: “the fastest growing economic centre on the West Coast”

Oslo seeks to lure occupiers to ‘greenest city’ in Europe NINE months out from becoming European Green Capital, Oslo is mounting a bid to attract more multinational companies to locate their Nordic headquarters in the city. The Norwegian capital is due to take on the mantle in 2019, after winning a Europe-wide competition in 2017. Cars will be banned from the city centre, which authorities forecast will result in a 50% reduction in carbon emissions, making for a more pleasant working and living environment. However, Erling Fossen, CEO of Oslo Metropolitan Area (OMA), said that work to improve the city centre had already had an impact. Oslo is “embarking on a journey to become the greenest city in Europe”, he added. “We are seeing that larger companies are moving into the city centre. That means that the central business district is actually booming.”

Fossen said that companies moving to Oslo could benefit from lower rents compared to other Nordic capitals, while property investors could take advantage of higher yields.

“If you compare rent levels with Copenhagen or Stockholm, then you see that we are on the way up,” he added. “But there is still a rent gap, and that means we have bigger yields.”

Oslo Metropolitan Area’s Erling Fossen: “embarking on a journey”

AEW buys Madrid’s Planetocio REAL estate asset manager AEW has acquired the Planetocio retail and leisure centre in Madrid on behalf of one of its funds. AEW paid Axiare €20m for the centre, which was built in 2001 and consists of 21,000 sq m of retail and leisure space across 40 units. Its current tenants include Media Markt, Yelmo Cinema, and F&B brands McDonald’s and Pizza Hut. Planetocio is adjacent to the A6 motorway in Collado Villalba, Madrid, and serves the Sierra de Guadarrama residential area. It attracts some three million visitors a year. “Planetocio is well placed to serve the retail and leisure needs of a large and affluent residential community,” said Russell Jewell, AEW’s head of private equity

funds. “Planetocio offers a number of asset-management opportunities that will further improve and differentiate the already strong tenant line-up to better serve the demands of the local catchment.”

AEW was advised by Hogan Lovells, Malcolm Hollis and Catella Asset Management Iberia. Liberbank were the financing bank. Axiare was advised by CBRE and E&Y.

Planetocio in Madrid attracts three million visitors a year

MIPIM News 1 • 18 • 13 March 2018

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JOINT EFFORT FOR SCOTTISH CITIES THE SCOTTISH City Alliance, which represents seven Scottish cities, is at MIPIM to promote investment in Scotland this week. “It’s a team effort showcasing Scotland,” said Serge Merone, investment manager for Perth and Kinross Council. Scotland is an attractive base for real estate investment for a number of reasons, Merone said. “It’s a country of innovation with world class universities and so access to a lot of skills. It’s also low cost in terms of startups which is cheaper in Scotland than the rest of the UK,” he said. “It’s still a strong economy and easy to access local people so you can have direct dialogues with the decision makers.” Merone said that Scotland had seen a recent surge of hotel investment but that the alliance was hoping to attract further mixed-use and residential interest as well as looking to identify private rental sector investors.

Serge Merone is part of the Scottish City Alliance

Takenaka tackles challenges of Japan’s ageing population JAPAN has the largest population of over-65s in the world. Public and private sectors are now coming together to address the issues this presents, providing the appropriate infrastructure, real estate and care — although it isn’t an easy task, according to industry leaders. “It is true that when we think about a healthy senior population, Japan has some of the healthiest citizens in the world,” said Kanji Matsushita, general manager of Takenaka Corporation, one of Japan’s biggest general contractors, which also develops senior care facilities and medical buildings. “But as this segment of the population grows, the challenges evolve. As a society, we are trying to create a healthier environment in general. Developers, the hospitality trade and the medical industry are working together to create buildings which

promote wellbeing, via healthier environments, as well as encouraging people to exercise more.” New standards of global certification have a place in this evolution, Matsushita said. “The Wellness standard is coming to Japan and will be the next key focus for the development industry, besides LEED certification.” While cities are at the vanguard of development trends, distinguished by “convenience-oriented design”, according to Matsushita, Japan’s smaller towns and villages must receive more attention. “A lot of the ageing population still resides in the regions, but there’s a dearth of structures to meet their needs. It’s one of the issues we’ll discuss in our session at MIPIM.” Matsushita is moderating a panel called Japan: Ageing Cities And Great Investment Opportunities, tomorrow at 11.15.

Kanji Matsushita, general manager, Takenaka Corporation

Right track for London’s West End THE FORTHCOMING Elizabeth Line – formerly known as Crossrail – will increase annual turnover in the West End of London by £4bn by 2021, according a report by consultancy Arup. The research, which was commissioned by New West End Company, The Fitzrovia Partnership and Heart of London Business Alliance, forecasts that turnover will increase from £9bn (€10.15bn) in 2017 to £13bn by 2021. Currently, around 200 million people visit the West End every year. According to the report the arrival of the £14.8bn Elizabeth Line, which is due to come into service at the end of the year, will ultimately deliver an additional 69.6 million visitors a year.

New West End Company chief executive Jace Tyrrell said: “The opening of the Elizabeth Line is a once-in-a-generation development that is already spurring significant investment in the district.”

New West End Company’s Jace Tyrrell

MIPIM News 1 • 20 • 13 March 2018

The research comes at a time when many retailers in London are struggling due to recent changes to business rates and higher import costs as a result of the weak pound.

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The Largest Metropolis in CEE – New Areas for Development The Mayor of Warsaw is pleased to invite you to Warsaw events at MIPIM 2018: Warsaw Session Panel “The Largest Metropolis in CEE – New Areas for Development” on March 14th 2.30 p.m., Ruby Room, Palais des Festivals The Premiere of the film “The Future of Warsaw” by Poland Today, on March 14th 2.30 p.m., Ruby Room, Palais des Festivals Presentation of the report “Winning in Warsaw – Prospects for Business Service Centers” by Elias van Herwaarden, Deloitte and a Networking Cocktail on March 14th 4.30 p.m., at Warsaw stand R8.D1, Palais des Festivals

Visit us at MIPIM 2018! Our Partners at MIPIM 2018

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www.e-warsaw.pl | www.mapa.um.warszawa.pl

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The Winning Streak Continues The West Midlands, UK has become a destination of choice – and not only for investors. With Coventry awarded UK City of Culture 2021, and Birmingham announced as the host city for the 2022 Commonwealth Games, the region has been recognised as a thriving international location for culture and major events. Planning is underway to ensure that both events leave a positive legacy in the West Midlands. In Birmingham, 6,500 competitors and officials will be housed in approximately 1,000 new homes in the Games Village, comprising apartments and town houses. After the Games, this will be converted and become available as a mixture of homes for sale and market rent, as well as for social and affordable rent. It is part of a wider programme to deliver up to 3,000 new homes in the area. In Sandwell, a new aquatics centre will host swimming and diving events at the Games, and then serve the local community.

In Coventry, City of Culture organisers and Coventry and Warwickshire officials believe that new developments could include new hotels and the development or expansion of existing city centre buildings. Lifestyle and culture are driving many new development schemes in the West Midlands. The City of Wolverhampton’s £55 million Westside leisure scheme will rejuvenate six acres in its city centre. The development is part of the £3.7 billion of investment being ploughed into the wider city. UK Central in Solihull aims to create new retail and leisure space in addition to the National Exhibition Centre and Resorts World Birmingham complex, which are already located there.

Visit MidlandsUK Pavilion C16.D www.wmgrowth.com

An image of Sandwell Aquatics Centre released during the 2022 Commonwealth Games bid phase

Coventry City of Culture Trust Manager Laura McMillan (centre) with representatives from Positive Youth Foundation

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EVENTS TO LOOK OUT FOR:

TUESDAY 13TH MARCH 14:00 – 14:15 West Midlands investor opportunities – part 1: presentation 14:15 – 14:50 West Midlands investor opportunities – part 2: panel discussion WEDNESDAY 14TH MARCH 15:45 – 16:00 West Midlands Investment Prospectus launch with Andy Street, Mayor of the West Midlands 17:30 – 18:30 Commonwealth Games 2022 A special event celebrating Birmingham’s successful Commonwealth Games bid featuring Olympic gold medallist Denise Lewis OBE THURSDAY 15TH MARCH 11:00 – 11:15 Coventry – UK City of Culture 2021 17:00 – 18:00 Coventry 2021 – a special event celebrating the city’s successful UK City of Culture bid MidlandsUK Pavilion C16.D

An enhanced and refurbished Alexander Stadium in Birmingham will be pivotal to the 2022 Commonwealth Games.

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CHANGING UK HIGH STREETS BRING NEW OPPORTUNITIES THE UK is rich with opportunities for international investors despite short-term stresses on certain sectors of the market, the head of Britain’s leading retail property industry body said. Speaking ahead of a MIPIM panel, Mark Williams, president of Revo, said that an oversupply of retail property stock and the need to reconfigure large parts of the high street has created significant potential for urban regeneration projects throughout the UK. But there is still plenty of “performance and opportunity in the UK,” he said. “There is a lot of positivity. Not just in the super-prime areas. It’s all the way down, especially where towns and cities are being well run and have a clear plan. Where retail property needs to be decommissioned there are opportunities for redevelopment to build houses and bring in urban regeneration plans.” Williams is speaking at MIPIM in his capacity as partner of retail asset management firm Hark Group, on a panel session discussing the synergy between physical and digital space.

Revo president Mark Williams

Modular house builder has grand designs on residential market UK-BASED modular residential specialist nHouse is back at MIPIM with three house designs, a show house and a factory, just 12 months after debuting the concept during its first visit to Cannes. Headed by architect Richard Hywel Evans and nHouse Sales and marketing director Nick Fulford, nHouse started with a three-bed modular home, nHouse 3, which can be produced in a factory and features 100 sq m of floor space, large windows and solar roofing. It comes complete with fitted bathrooms and kitchens, while a furniture package specifically for nHouse is available through Habitat. The concept was crowdfunded after last year’s MIPIM debut, with more than 700 investors generating a total investment of around £1m. “MIPIM is a very big deal for

us. We have spent the past 12 months getting everything in place,” Fulford said. “Our pledge was that we would have the design, show house and manufacturing ready for MIPIM 2018 and be able to take orders by the week after.” Fulford envisages two markets: personal buyers and developers and public housing groups look-

ing for affordable, high-quality homes. The nHouse 3 will be available at around £170,000 for developers buying three or more units. “We believe that this will appeal to companies that want more contemporary, innovative designs and also want to achieve good margins in a very competitive market,” he said.

Nick Fulford of nHouse hopes to shake-up the housing market

Potential to become reality in Egypt THE TIME is right to invest in Egypt. So says two of Egypt’s leading developers, Hesham Shoukri chairman of Rooya; and Ahmed Shalaby managing director of Tatweer Misr. Both companies are sponsors of today’s conference on Egypt where three of Egypt’s new mega-cites — including the New Administrative Capital east of Cairo — will be presented. Developer/investor Rooya has been involved in many of the leading projects in Egypt, Shoukri said. This is Shoukri’s 10th visit to MIPIM. He believes “there’s never been a better time to tell the Egyptian development story”. For Shalaby it’s his second visit to MIPIM. “It’s good to get an understanding of what’s going

on in the world. MIPIM is a window on that,” he said. The three mega-cites being developed include an industrial zone of 6,000 ha which has brought Chinese interest for development.

Both developers are at MIPIM looking to talk to international investors. “We’re here to show the reality of Egypt. It’s time to stop talking about potential and move on the reality,” Shalaby said.

Hesham Shoukri of Rooya and Ahmed Shalaby of Tatweer Misr

MIPIM News 1 • 24 • 13 March 2018

Apsys reimagines the heart of the city

Apsys has been the driving force behind some of the most iconic developments across both France and Poland, including the ICSC award-winning Beaugrenelle and Manufaktura. The recently-opened Muse and upcoming Bordeaux SaintJean are examples of what it takes to re-energise places and communities.

Apsys is bringing its mixed-use expertise to Bordeaux with a scheme in the heart of this unique city

The 80,000 sq mixed-use Muse in Metz includes retail, leisure, apartments and office space

ITH retail developments increasingly the catalyst to regenerate and refresh city life, the role of place-making in our cities and communities has never been more important. It is an approach that urban specialist Apsys has been crafting for 20 years, with mixed use developments bringing together retail, commercial, residential and leisure to help drive economic and social renewal. Apsys’ ambition is to “make life and cities more beautiful every day”. While a number of Apsys schemes have already been recognised with international awards, the latest generation of projects represent the most forwardthinking strategies yet to engage residents and customers and to reimagine urban settings. In November 2017, Apsys opened the 80,000 sq mixeduse Muse in the French city of Metz. Located in front of the Pompidou Metz museum, this vibrant place overflows with creativity, offering retail, residential and commercial office space. An exceptional collection of 115 stores across 37,000 sq m includes Primark, Uniqlo, Inditex, Carrefour Market, Superdry, Habitat and Hema, plus pop-up stores that continuously refresh the retail offer and an upcoming multiplex cinema and fitness centre. It also provides welcoming spaces for everyone and spectacular works of art. Above Muse, Apsys worked with different partners

to deliver 400 apartments (24 000 sq m) to rent and purchase, plus two office buildings of 10 000 sq m. Apsys coordinated all these projects and carried out its first high-end residential project, together with famous architect Jean-Paul Viguier. Next, Apsys will bring its expertise to Bordeaux with an 88 000 sq m mixed-use scheme in the heart of this unique city, which will be presented on the stand of Magnetic Bordeaux (P-1, D1) during MIPIM this year. Bordeaux Saint-Jean occupies an exceptional location at the foot of Gare Saint-Jean and represents a project of urban “haute couture”, designed by Maison Edouard François, with an open architecture that is both contemporary and respectful of its surrounding heritage. This project will create a new axis linking the station to the Garonne river, with a sumptuous “buildinglandscape” on the banks of the Garonne that extends the city’s dock area. More than this, it will be a mixed and experiential place to live, work, share and shop, with innovative programming including a city of sport, health and well-being. “When encapsulated in mixed-use urban complexes with strong added value, retail and leisure spaces offer wonderful opportunities for rethinking, rejuvenating and supporting the development of cities. That is Apsys’ specialty as a long term investor and asset manager,” says Apsys chairman Maurice Bansay.

WHO WE ARE, WHAT WE DO For over 20 years, Apsys has designed, created and managed iconic places that breathe life into cities and communities in both France and Poland. As a retail property owner and developer, Apsys manages a portfolio of 31 shopping centres — including Beaugrenelle and Manufaktura, both winners of ICSC European Shopping Centre Awards — and currently has five projects under development. Recognised for its creativity and sense of innovation, Apsys teams analyse the DNA of locations and anticipate the important emerging trends in order to shape the cities of tomorrow. Find out more: www.apsysgroup.com

The award-winning Beaugrenelle

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REAL ESTATE FINDS SILVER LINING IN GREYING SOCIETY THE AGEING population in developed economies is opening up new opportunities in real estate, according to Joe Nahas, global chair of The Counselors of Real Estate. Nahas, who will host a MIPIM conference session on the subject today, said: “The numbers are compelling — an ageing society affects planning, design and investment in real estate.” He noted that, as the baby boomers become seniors, they are finding city-centre locations more attractive than the suburbs. “And they’re choosing to be renters rather than owners,” he added. “They want the freedom to travel. The urban environment gives younger seniors access to entertainment and, as they get older, access to healthcare.” As a result, Nahas sees demand for mixed projects with a range of product types that people can move through as their needs change.

OPTIMIZ3 YOUR OFFICE SPACE 3D REAL estate space planning specialist REALIZ3D has launched a new version of its space-planning algorithm. As well as office-space planning functionality, RealPlanner3D 2.0 includes additional features, such as multifloor/area space planning, furniture choice, and report and realtime pricing. The SAAS software, which allows new office environments to be simulated and easily shared with colleagues or clients, can be used as a selling tool or simply to communicate new environments to employees ahead of a move. MIPIM delegates can test out the software for themselves at the company’s stand.

HAP seeks ‘smart opportunities’ in New York’s emerging markets HAP WILL continue to target emerging US markets, according to the investor’s co-founder and NY CEO Eran Polack, HAP is sponsor of the major conference on the US this morning. Talking exclusively to MIPIM News about his company’s investment targets, Polack said: “HAP has successfully invested and developed in emerging markets over the last several years, and we will continue to do so as smart opportunities arise. Today, we are investing in prime New York City markets, such as Chelsea and Tribeca, with plans to build full-service luxury rental and condominium developments.” Polack added: “We are investing in prime markets today that are stable and highly desirable because we expect that, in two to four years, the current inventory will be

absorbed and there will be a shortage in both the rental and condo market. With the current volume of land acquisition so low, we believe rental and condo pricing will increase in 2020, 2021 and 2022 due to a shortage in product.” Polack has thoughts on a submarket for investment: “We were one of the first developers to identify East Harlem as a neighbourhood in the preliminary stages of urban revitalisation. Today, we see the rapidly growing Journal Square neighbourhood of Jersey City as a great submarket for investment. We were also one of the first developers to invest in Journal Square with 500 Summit Avenue.” 500 Summit Avenue will be a 42-storey luxury rental building with views of the New York City skyline and access to the PATH train into downtown Manhattan.

HAP’s Eran Polack: “plans to build full-service luxury rental and condo developments”

Charity swimmers take the plunge IN A FIRST for MIPIM, a charity swimming event is to take place at 10.00 tomorrow in the Cannes bay. Organised by engineering firm Elliott Wood and architecture practice dMFK architects, the Swim The Bay event aims to raise money for Liverpool’s Alder Hey bereavement centre for anyone affected by the death of a child. The money will contribute towards the construction costs of a world-class facility on the grounds of the existing hospital site. Organisers Mark Goodbrand of Elliott Wood, and Julian de Metz of dMFK, alongside peers including Joe Morris of Duggan Morris Architects, will swim 1.2 km along the length of La Croisette, finishing at the MIPIM London Stand. Goodbrand said: “The loss of a

child is possibly the worst thing that could happen to a parent. We hope the MIPIM community will show its support by donating — or better still, by investing — so the project moves

forward as quickly as possible.” Swimming positions remain available, with the organisers asking participants for a £250 entry fee. All the proceeds will go directly to the fund.

Participants prepare for the Swim The Bay event

MIPIM News 1 • 26 • 13 March 2018

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news

Turkey puts environment strategy in the spotlight

Mehmet Ozhaseki, Turkey’s Minister for the Environment and Urbanisation

KEY ISSUES affecting the environment will be under discussion as Mehmet Ozhaseki, Turkey’s Minister for the Environment and Urbanisation, attends the Istanbul Chamber of Commerce tent. The minister is at MIPIM to meet potential foreign investors and talk about the country’s environmental projects. Ozhaseki told MIPIM News: “The primary environmental problem is the urban environment, which emerged as a result of unauthorised and unplanned housing construction often as a result of squatting. Such unplanned urbanisation has runon effects on infrastructure, such as sewage problems and chaotic solid waste collecting and storage.” Unplanned industrialisation is another issue, the minister said. “Industrial areas without sufficient infrastructure and organisation causes exposure of major environmental pollutions. Irregular removal of the wastes emanating from those areas increases the problems. “To tackle these issues Turkey is implementing a series of solutions,” the minister said. “We’ve started an efficient environmental monitoring sys-

tem. We track emissions and discharges of industrial plants both aerial and through streams, and make the necessary intervention in the most rapid and efficient way. “We started the My Environment Is You project so coming generations will be raised with good environmental awareness. “We’ve terminated unplanned urbanisation, and entered the stage of block and region-based strategic planning and urban design. And we’ve made fundamental changes in our zoning legislation, so green areas and social reinforcement areas are included in any plans. “We started the Zero Waste Project last year targeting the efficient use of resources. Our target is to put the Zero Waste Project into effect in all of the public institutions by the end of 2018, and extend it to all Turkey by 2023. “As Minister of Environment and Urbanisation, I’m looking at MIPIM to meet participants with profitable opportunities and meet international partners and investors, and discover potential business partners and learn about key sectors and real estate developments round the world.”

MAJOR REVAMP FOR BUDAPEST PARK THE ENTERTAINMENT concept of the €1bn redevelopment of Varosliget, Budapest’s largest public park, is to be showcased at this year’s MIPIM. The Liget Budapest Project, which was shortlisted for Best Futura Mega Project at MIPIM last year, will see the revamp of the park and will include renovation of buildings within the park as well as rehabilitation and extension of the park’s green area. It’s claimed that the Varosliget development is the largest and most ambitious urban cultural development in Europe. Execution of the plans began last year after six years of preparatory work.

The Liget Budapest Project will cost €1bn

DEBT DEAL FOR HOTEL CAFE ROYAL BARINGS Real Estate has provided a £165m (€186m) loan secured against the Hotel Cafe Royal, the famous 150-year old, five-star hotel in London’s West End. The seven-year, fixed-rate first mortgage loan is secured against the 159-room hotel and 16,000 sq ft (1486 sq m) of ground floor shops fronting Regent Street, let to Nespresso, Lotus and Wolford. The loan, which represents a 47% loan-to-value, will be used to refinance existing debt. “This is a rare opportunity to provide financing for one of London’s most iconic hotels, which attracts growing numbers of tourists visiting from across the globe,” said Chris Bates, head of real estate core mortgage Europe at Barings Real Estate, which is part of Barings LLC, the global financial services firm.

London’s Hotel Cafe Royal

MIPIM News 1 • 28 • 13 March 2018

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PERFECTLY REFLECTING A NAME OF LEGEND

www.astonmartinresidences.com AMResidencesMiami

Developed by G&G Business Developments LLC SALES CENTRE 300 BISCAYNE BOULEVARD WAY, MIAMI, FL

MIPIM: Booth P-1.G84 Riverwalk East Developments, LLC, a Florida limited liability company is the owner of the property on which the Condominium is to be constructed and the seller of the units in the Condominium and is for purposes of the Florida Condominium Act the “developer” of the Condominium (“Developer”). Developer has engaged G & G Business Developments, LLC. (“G & G”) to assist with the development and marketing of the Condominium and its units and Developer has a limited right to use the trademarked names and logos of G & G. Any and all statements, disclosures and/or representations relating to the Condominium shall be deemed made by Developer and not by G & G and you agree to look solely to Developer (and not to G & G and/or any of its affiliates) with respect to any and all matters relating to the development and/or marketing of the Condominium and with respect to the sales of units in the Condominium. All images and designs depicted herein are artist’s conceptual renderings, which are based upon preliminary development plans, and are subject to change without notice in the manner provided in the offering documents. All such materials are not to scale and are shown solely for illustrative purpose. All images and designs depicted herein are artist’s conceptual renderings, which are based upon preliminary development plans, and are subject to change without notice in the manner provided in the offering documents. All such materials are not to scale and are shown solely for illustrative purposes. ORAL REPRESENTATIONS CANNOT BE RELIED UPON AS CORRECTLY STATING THE REPRESENTATIONS OF THE DEVELOPER. FOR CORRECT REPRESENTATIONS, MAKE REFERENCE TO THIS BROCHURE AND TO THE DOCUMENTS REQUIRED BY SECTION 718.503, FLORIDA STATUTES, TO BE FURNISHED BY A DEVELOPER TO A BUYER OR LESSEE. Conway+Partners

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BNP Paribas Real Estate returns to Cannes following 2017 S&P deal LAST year’s acquisition by BNP Paribas Real Estate of UK-based Strutt & Parker (S&P) is now beginning to bear fruit, and the first MIPIM since the deal is an opportunity for co-chief executives Andy Martin and Etienne Prongue to take stock of how the process of combining businesses with two rather different cultures is progressing. Martin believes there was compelling business logic behind the merger. “Strutt & Parker had grown from a £50m (€60m) business to a £112m business, but the question was: how could it grow to a £150m business?” he said. “At the same time BNP Paribas Real Estate was number one in France and big in Germany, but it had never cracked the biggest market in Europe and the third biggest in the world — the UK.” The merger has created a force

Etienne Prongue (left) and Andy Martin

Architects team-up for the ‘greater good’ DENMARK’s Schmidt Hammer Lassen Architects has joined the US’s Perkins+Will in a partnership that extends the former’s international reach and reinforces the latter’s commitment to sustainability and design excellence. Schmidt Hammer Lassen’s portfolio includes the Black Diamond — the extension to the Royal Library in Copenhagen; the Cultural Centre and Aros Museum of Art in Aarhus; the Katuaq Cultural Centre in Nuuk, Greenland; and the International Criminal Court in The Hague. The firm recently won a global competition to design the world’s largest library — the 100,000

sq m Shanghai East Library. By combining Perkins+Will’s 83-year design legacy with Schmidt Hammer Lassen’s

Danish design pedigree, the united firms “will make even greater contributions to the canon of cultural and civic ar-

The Dokk1 Cultural Centre in Aarhus

MIPIM News 1 • 30 • 13 March 2018

capable of matching the likes of CBRE and JLL, reporting profits of €187m on revenue of €811m in the 2017 calendar year. “The merger has exploited synergies that we couldn’t extract anywhere else,” Martin said. “BNPPRE was strong in valuation and management while Strutt & Parker was all about capital markets, and that was the missing piece of the jigsaw.” And Strutt & Parker’s UK residential business was an additional attraction, according to Prongue. “One of the many attractions of the merger was to grow our exposure to residential in the UK and to diversify our UK business,” he said. It gives us a tremendously balanced offering, with S&P’s expertise and strong brand in high-end residential and rural consultancy, as well as its strengths in commercial. “BNP Paribas Wealth Management is one of the largest wealth managers in Europe, so there are very clear synergies that allow us to link high-networth investors to opportunities across the real assets spectrum,” Prongue said.

chitecture”, according to Perkins+Will CEO Phil Harrison. “Perkins+Will and Schmidt Hammer Lassen share a common set of values: design excellence, sustainability, innovation and the highest level of client service,” Harrison said. “We also maintain the same design ethos, believing that exceptional architecture is always democratic and in the service of the greater good. We’re compatible at every level.” Bjarne Hammer, founding partner of Schmidt Hammer Lassen, agreed: “We both believe strongly in the transformative, healing power of design to address some of the most pressing social and environmental issues of our time. And we both thrive in a design culture that encourages collaboration.”

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Industry must manage risk while embracing new tech, report says DESPITE being late in its cycle, the global real estate market is benefiting from strong returns for investors and a positive global economic outlook, according to Emerging Trends in Real Estate – The Global Outlook for 2018, an annual forecast of investor sentiment published by PwC and the Urban Land Institute (ULI). The report said that in this highly competitive, late-cycle property market, the real estate industry must embrace technology, new business models, and the concept of “space as a service”. “Our conversations with industry leaders in this global Emerging Trends report underline the fact that these are interesting and challenging times for the industry,” said Gareth Lewis, director, PwC Real Estate. “We’re seeing a value-shift from the passive bricks-and-mortar component to a more dynamic, operational business. This is important for

PwC’s Gareth Lewis

ULI Europe’s Lisette van Doorn

investors – who on the one hand need to manage risk, but are also looking to find innovative and cost-effective ways of accessing operational expertise and innovation, or face diminishing returns.” While the global business leaders interviewed for the report agreed that real estate is late in its cycle, many of them suggested that the relatively strong

global economic outlook and resulting occupier demand might prolong the cycle. An increase in transactions in Europe and record levels of activity in Asian markets support this idea. At the same time, pricing of core assets remains a challenge, which – combined with a greater focus on economic strength, placemaking and liveability – is driving investors

Professions seek better quality control RIBA, the UK architects’ organisation, is joining forces with other professional bodies to address the friction in the relationship between contractors and architects and its resultant impact on build quality. RIBA has initiated a pan-industry Joint Memorandum of Understanding (JMU) with the CIOB (Chartered Institute of Building) and RICS (Royal Institution of Chartered Surveyors) following a client survey published in 2016. This showed broad satisfaction with architects but lower approval ratings among contractor-clients. RIBA president Ben Derbyshire singled out design-and-build as the root cause of the dissatisfaction, a procurement route which he said has a tendency to impoverish working relationships.

“The rationale for design-andbuild which is to lay off capital risk from developers and clients to constructors, actually creates all manner of unintended consequences,” he said. “While it can be

done well it often isn’t. The worst manifestations of this have been in the housing sector.” Derbyshire intends to pursue the JMU with developers and agents at MIPIM. “The design and spec-

RIBA’s Derbyshire: tackling design-and-build

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to alternative sectors and to second-tier cities. The report’s findings also highlight the growing disconnect between the ease of raising capital and the relative difficulty of deploying the capital effectively. This phenomenon is particularly strong in Asia, where local sovereign and institutional funds bearing stockpiles of accumulated cash are creating increased competition for assets as they buy. “This report demonstrates that we are at a crucial point in the evolution of real estate,” said Lisette van Doorn, chief executive, ULI Europe. “Lately, we have been seeing more and more investors operators, and developers moving into the proptech space: from partnerships on real estate projects to investments in proptech firms. Real estate companies must embrace change and become more sophisticated and client-focused to compete effectively. The companies that are unable to leverage new technologies and adjust their business models risk being left behind.” PwC and ULI will present the research in a panel discussion in Palais 3 today at 17.45.

ification service is sliced so thinly that design integrity is lost at the interfaces. Value-engineering to increase or simply restore margins, while understandable, holds many hidden impacts which are only felt later on by the users.” Derbyshire is also keen to influence the debates on housing and the value of architects and design, now and post-Brexit. He is championing post-occupancy evaluation as a tool to demonstrate that value, and the RIBA has just appointed a vice-president of research to help. “From the clients’ points of view, solid evidence on which to base investment decisions is clearly welcome,” he said. Derbeyshire added: “Our chartered practices are highly trained, quality-assured professionals with a world-class reputation. Many of them are represented at MIPIM.”

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EUROPEAN HEALTHCARE REIT www.aedifica.be Aedifica is quoted on Euronext Brussels Public Regulated Real Estate Company under Belgian law Avenue Louise 331 – 1050 Brussels, Belgium

tel +32 2 626 07 70 – fax +32 2 626 07 71

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6/02/18 10:49

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Nakheel back in Cannes with $2.5bn worth of investment DUBAI-based master developer Nakheel is back at MIPIM for a third consecutive year to showcase a host of real estate opportunities, collectively worth more than $2.5bn (€2bn). Creator of the world-famous Palm Jumeirah and other renowned Dubai real estate projects, Nakheel is in Cannes to encourage more international investors – who already account for more than 28,000 Nakheel customers, with investments of almost $30bn – to become part of Dubai’s growing real estate sector. The centrepiece of Nakheel’s marquee at MIPIM is a scale model of the Palm Jumeirah, home to top-flight hotels and resorts, luxury apartments and waterside homes and a growing range of new retail and leisure attractions. Palm360, an iconic, twin-tower hotel and residential complex soaring 260 metres (853 feet) above the island, is also on show. Palm360 comprises a Raffles hotel, Raffles-branded residences including 16 penthouses each spanning 1,115 sq m

Nakheel’s Palm360

(12,000 sq ft), the world’s largest rooftop infinity pool and, as the name suggests, a 360º view of Dubai. Also featured is the 15.3 sq km Deira Islands waterfront city, where Nakheel has already invested more than $2.3bn in infrastructure and project construction. The site is home to the Middle East’s biggest mall – Deira Mall – for which Nakheel awarded a construction contract for $1.1bn last month. Nakheel’s arrival at MIPIM comes less than a month after Dubai announced that more than 15.8 million tourists visited the emirate in 2017 – up 6.2% on 2016. The government is aiming for 20 million tourists a year by 2020 as part of its overall vision for Dubai, with Expo 2020 alone expected to attract 25 million people. “The figures speak for themselves,” said Sanjay Manchanda, Nakheel’s CEO. “Innovative thinking and bold ambition has turned Dubai into one of the most successful, fastest-growing cities in the world.”

NEW PROJECTS FOR KIEV AND MINSK SVITLAND Development, which operates in Ukraine, Belarus and Lithuania, is showcasing two of its most recent projects at this year’s MIPIM. SilverBreeze is a 75,700 sq m business centre on the Dnipro waterfront in the Bereznyaky district of Kiev, consisting of two seven-storey and nine-storey office buildings as well as a two-storey shopping mall and premium gym. The mall includes more than 100 stores. Clever Park is an office building development in Minsk in Belarus within the High Technology park that comprises a total area of 12,257 sq m. As well as the office space, which is targeted at IT companies, the development includes its own surface parking with 406 spaces.

SilverBreeze is a mixed-use development in Kiev

PUTTING THE FIZZ INTO PRAGUE IN A joint venture with Czech project developer Karlin Group, micro-living products specialist International Campus has acquired a project development in the Holesovice district of Prague, with 529 high-quality apartments for students. To be named The Fizz Prague, it will have a gross floor area of 16,529 sq m over eight floors. The opening is planned for the first quarter 2020. On completion by Karlin Group, International Campus will acquire its partner’s share of the joint venture and place the property in a dedicated special fund for institutional investors.   Horst Lieder CEO of International Campus AG said: “Together [with Karlin Group] we intend to create 2,500 attractive apartments for students in Prague. We are also in the process of acquiring additional properties in Central and Central Eastern European hot spots.”

The Fizz Prague project

MIPIM News 1 • 34 • 13 March 2018

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news

Grosvenor urges buildto-rent as it showcases Bermondsey proposal

WIREFOX GETS GREEN LIGHT A MAJOR office building in the centre of Belfast has been given the green light. The decision paves the way for work to start on the £45m (€50.7m) Paper Exchange scheme. The plans include 185,000 sq ft (17,187 sq m) of grade-A office space, as well as underground parking and ground-floor F&B units. Existing buildings on Chichester Street in Belfast city centre will be demolished to make way for the 11-storey building. Developer Wirefox has appointed Savills and Colliers International as joint agents. The finished building will be able to accommodate up to 1,500 office workers. Belfast City Council is on a drive to encourage more international businesses to the city as a key pillar of its strategic growth plan, known as the Belfast Agenda.

Grosvenor’s plans for Bermondsey, London include build-to-rent, commercial space and retail

GROSVENOR Britain & Ireland is showcasing its masterplan for one of London’s largest build-to-rent developments at MIPIM, with a project that will deliver 1,350 new rental homes on the 12-acre site of a former biscuit factory. The company aims to revitalise the neighbourhood and promote build-to-rent as one solution for London’s inadequate housing supply. Katherine Rodgers, Grosvenor Britain & Ireland’s director of development, major projects, said the company is “committing to Generation Rent” and wants to deliver homes in a range of discounted market rents and manage them for the long term. “Bermondsey is a great example of an area where a pinched middle neither qualify for social housing nor have enough money for a deposit on a mortgage,” she said. “Build-to-rent provides an opportunity for people to stay in the area and also allows us to create mixed communities.” Grosvenor’s £500m (€564.5m)

investment plan, designed by Kohn Pedersen Fox, incorporates a 600-place secondary school, 10,000 sq m of office space and 10,000 sq m of retail, culture, leisure, community and F&B amenities, along with 25,000 sq m of new and improved streetscapes and play space, 140 trees and 400 sq m of public lawns. Network Rail is also proposing that 165 under-used railway arches on the site be refurbished and occupied by offices, shops, restaurants, leisure and light-industrial businesses. Rodgers said Grosvenor is now working through the planning process and hopes to have assent shortly after May’s local elections. The school and 500 residences form phase one of the project, due to be delivered in 2021 and 2022 respectively. This is the first time Grosvenor has taken a stand at MIPIM, where it will be showcasing Bermondsey — its largest single development since Liverpool One — at the London Pavilion, using VR headsets and a digital model.

The Paper Exchange building in Belfast

ART & BUILD’S ‘HUMANISTIC’ DESIGN WINS IARC HQ ART & Build Architect has won the competition for the design of the new 15,500 sq m headquarters for the International Agency for Research on Cancer (IARC) in Lyon, France in partnership with Lyonbased Unanime architectes. Demonstrating Art & Build’s “humanistic architecture”, the new building is organised around a circular open-air patio, which has a 1,000 sq m landscaped garden. Mass timber elements will be a feature of the facade. Passive solar protection will be achieved by shape-memory materials reminiscent of flower petals, and partially opaque thermo-reactive glazing. Both technologies are activated by the sun’s energy and require no human intervention, reducing energy consumption and maintenance costs. Scheduled for completion in March 2021, the IARC headquarters represent a new environmental benchmark for the World Health Organization.

Art & Build’s design for the new IARC HQ in Lyon

MIPIM News 1 • 36 • 13 March 2018

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ASSET AND PROPERTY MANAGEMENT REAL ESTATE INVESTMENT FUND 100% HEALTH CARE Fonds d’investissement immobilier 100% santé

THE 3 PILLARS OF OUR INVESTMENT STRATEGY INNOVATION Scientific committee Digitalization

IMPACT INVESTING EUROPEAN DEVELOPMENT

Meet us on STAND P-1.A1 EURYALE AS S E T MANAGE ME NT 10, rue La Fayette - 75 009 PARIS / www.euryale-am.fr / Tél: 01 48 78 22 08 Société de gestion de portefeuille agréée par l’AMF sous le numéro GP 14000027 - RCS paris n° 518 574 033

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A DEDICATED CLUB TO MAKE THE MOST OUT ST OF YOUR 1 MIPIM! ONSITE YOU WILL FIND: Dedicated accreditation desk

Dedicated lounge

Trained staff

Concierge

First Timer bar

Complimentary breakfast & lunch

Networking sessions

Welcome gift

MAKING IT THROUGH YOUR 1ST MIPIM HAS NEVER BEEN SO EASY AND ENJOYABLE

Do not hesitate to join us!

WHERE? Rendez-vous at the 1st Timers HQ located in the Palais, Level 0

WHEN? 13-15 March 2018, from 09.00 to 19.00 16 March 2018, from 09.00 to 13.00

news

Charity calls on real estate to help rebuild disaster areas THE PROPERTY industry has a vital role to play in the regeneration of areas devastated by natural disasters, according to the head of an architectural charity. Speaking to MIPIM News, Jennie Milward, managing director of charity Article 25, said that there was more that corporate property firms could and should be doing to help rebuild buildings and towns destroyed by earthquakes and floods, as well as promoting general health and wellbeing in all areas of real estate. “A lot of the work we do involves working with partners on corporate personal development for staff members. We work with a number of NGOs, but we’re at MIPIM looking for people interested in supporting our work and our projects abroad

Article 25’s Jennie Milward

and at home. We’re offering a different perspective from the commercial side of things.” Article 25, which is the official charity of MIPIM 2018, promotes better and safer building standards and works with organisations and educators in local areas needing develop-

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ment and regeneration. It is involved with numerous projects around the world, including the implementation of a masterplan to revitalise and improve the Yangon General Hospital in Rangoon, Myanmar. The plans will bring vital structural and operational improvements to Yangon General, the largest public hospital in Myanmar, and enable better health and safety procedures to be brought in place, as well as better access to A&E facilities and water supplies. The charity’s director of projects Bea Sennewald is in Cannes and will take part in a panel discussion at a special MIPIM sustainability summit this afternoon, discussing the challenge of reducing carbon emissions in real estate.

MIPIM News 1 • 39 • 13 March 2018

GREEK PAVILION IS OPEN FOR BUSINESS ENTERPRISE Greece is the sponsor of the Greek Pavilion at MIPIM this year. The pavilion brings together key stakeholders in the Greek real estate market from both the public and private real estate sectors. Enterprise Greece is an official organisation under the aegis of the Ministry of Economy and Development. Its brief is to promote investment in Greece and exports from Greece. Exhibitors at the Pavilion include: The Public Properties Co; NBG Pangaea; Lamda Development; DAFRED; and Crystal Waters There will be an opportunity to meet the Greek real estate players at a cocktail party in the Pavilion on Wednesday, March 14, from 17.00.

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LEEDS CITY REGION Be Part of Our Success Visit us at Stand R7.A18

investleedscityregion.com #LCRatMIPIM

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news

Czech mates — Prague, Brno and Ostrava unite

AFTER last year’s success with their first joint exhibition, the Czech Republic’s three largest cities — Prague, Brno and Ostrava — have combined once again to showcase the investment opportunities in their locations. Co-exhibiting partners include Crestyl, Sekyra, Accolade, Passerinvest, P3 Logistic Parks and Residomo. AFI Europe Czech Republic, Bogle Architects, CASUA, Hartenberg Capital, Kinstellar, PRK Partners and Unibail-Rodamco are also to present at the joint exhibition. Prague is set to launch a joint development with Charles University. Kampus Hybernska

aims to connect public and cultural projects with the university’s activities. Brno’s presentation is focused on Ponava, a newly revitalised locality, traditionally used for leisure and sports. The city is planning three major venues: a 30,000-capacity football stadium, a multi-purpose 12,000seat hockey arena and an aquapark. Ostrava is to offer investors locations next to Masaryk Square, adjacent to the original historical core of the city. It is also showcasing the district of Karolina, which is being developed with modern shopping and office space.

Germany scores top marks with international students GERMAN universities continue to be some of the most attractive in Europe, with one in five students now coming to Germany from overseas, new research shows. An average annual increase over the past 18 years of 4.4% has taken the number of students from around 150,000 to just under 360,000 at the end of 2017. The research was compiled by Munich-based student housing developer International

Campus, which operates 3,000 apartments throughout Germany, Austria and the Netherlands. Berlin and Munich remain the most popular cities for overseas students, followed by Freiburg in southern Germany and Aachen in the west. Germany is now the fifth most popular destination for foreign students, after the US, the UK, Australia and France, according to the UNESCO Institute for Statistics.

The View even better with AR LONDON-based investment and property developer West Eleven, in partnership with Jo Cowen Architects and Grain, is demonstrating its next project — The View in Battersea Park — at MIPIM this week using Apple’s latest AR (augmented reality) technology. The 15-storey building, which is now under

construction, will offer 39 luxury apartments, including three penthouses. The lower three floors will consist of serviced office space. “We are pushing boundaries with every aspect of this building, so it made sense to do it for our marketing too,” said Will Herrman, CEO and founder of West Eleven.

MIPIM News 1 • 41 • 13 March 2018

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EXPLORE THE MIPIM INOVATION FORUM

Connect and forge commercial relations with cutting-edge startups and technology companies to build the future of Real Estate industry. INCLUDING:

Over 1 000 sqm of exhibition area • Networking bar & area • Startup lounge & competition finals •

sponsored by

Innovation conference room • Innovation matchmaking session •

TUESDAY 13 MARCH 14.00 – 14.45 Self-driving cars: bringing a new face to our cities 15.15 – 16.00 Smart housing: what millennials expect 16.30 – 18.30 Low carbon economy: a promising ROI

LET’S MEET IN PALAIS -1

news

‘Horizontal skyscraper’ takes engineering to the next level SINGAPORE-based CapitaLand is claiming a world-first with an extraordinary feat of engineering that will see a ‘horizontal skyscraper’ installed at the top of its Raffles City Chongqing development in China. The crowning glory of the 1.12 million sq m project is known as The Conservatory — a curved structure measuring 300 metres in length, 30 metres in width and 22.5 metres in height, which will sit on top of four 250 metre-high towers at a total height of more than 400 metres above sea level. CapitaLand has just embarked on building the 10,000 sq m Conservatory, which CEO Lim Ming Yan said involves “some of the world’s most advanced construction and engineering techniques”. When it opens to the public next

year, The Conservatory will feature an observation deck and sky

gardens, an infinity pool, and a food and beverage zone. It will

Raffles City Chongqing as it will look with The Conservatory

also be the world’s highest sky bridge linking the most towers. CapitaLand started construction at Chongqing in 2012. It is the company’s eighth Raffles City-branded development in China. These will total three million sq m and be worth about S$13bn (€8bn) when completed. Although Raffles City Chongqing is breaking architectural records — one of the towers is China’s tallest residential building — Lim stressed its importance as an “urban renewal project that expresses and shapes Chongqing’s global city aspirations”. He added: “We have gone to great lengths to imbue the project with the highest standards of liveability, connectivity and sustainability by carefully studying the needs of the community and the unique attributes of the site. Our goal is to create a vibrant riverfront urban district that serves as a dynamic city gateway befitting of Chongqing’s growing economic influence.”

TRIANON DIALOGUE IN THE SPOTLIGHT AT MIPIM 2018 MAIN THEME:

THE CITY OF THE FUTURE

TODAY

14.30 – 16.00 Auditorium A, Palais 3 TOPICS THAT WILL BE DISCUSSED:

The Franco-Russian “Trianon Dialogue” forum was established as a result of the official visit of Russian President Vladimir Putin to France on May 29th, 2017. The purpose of the Forum is to bring together actors in civil society and especially the youth, with a new theme every year.

• City planning and the digital world

Mayors of major cities, architects, city planners, companies and start-ups will speak at this conference.

• Challenges and strategies for the territorial community of the City of the Future

Jacques MEZARD, French Minister of Territorial Cohesion, will give the opening address

• Information and communication technologies and new city management • Urban transportation and mobility

• City governance • The issues related to smart cities

MIPIM News 1 • 43 • 13 March 2018

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WELCOME TO MIPIM AS THE EVENT’S OFFICIAL COMMUNICATIONS PARTNER, ING IS HERE TO HELP

At MIPIM there are over 20,000 delegates, along with 400 journalists, writers, broadcasters and commentators, so it’s easy to get lost in the noise. That’s where ING comes in. We’re an integrated PR and communications agency working across property, architecture, regeneration and design to manage your reputation and create meaningful business opportunities. Find us at the Press Office or call us on: Leanne Tritton Dominic Morgan Tom Elliott

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news

Lift-off for Bucharest’s Green Satellite scheme

Join us on Stand R7.G2

Stand Events TUESDAY 13 MARCH 11.30am: Liverpool Stand Opening. Steve Rotheram, Metro Mayor Liverpool City Region (LCR). 3.30pm: Liverpool leading the Digital Revolution in Engineering. Curtins. 5.00pm: Drinks Reception. In conversation: Steve Rotheram, Metro Mayor LCR and Peter Moore, Chief Executive, Liverpool Football Club. WEDNESDAY 14 MARCH 2.45pm: In Conversation: Steve Rotheram, Metro Mayor LCR and Andy Street, Mayor of the West Midlands. Facilitated by Professor Michael Parkinson, University of Liverpool. 3.30pm: From Caveman to Spaceman. Steven Hunt Associates. Green Satellite will feature a 21,000 sq m pedestrian boulevard

ONE OF Romania’s largest and most ambitious mixed-used developments — the one million sq m Green Satellite — is being launched at MIPIM on the back of the country’s strong economic growth. Green Satellite represents a major expansion zone on the north side of Bucharest, according to Professor Tiberiu Florescu, the head of the city’s masterplanning committee, who is in Cannes to meet potential development partners. Florescu said that Romania’s GDP growth in 2017 was 6.1% — among the highest economic growth rates in Europe — paving the way for investment opportunities such as the Green Satellite. “The Green Satellite is the main engine for urban development in this important area of the city,” he added. “It is well connected with the centre of Bucharest by the ring road, public transport lines and a

possible extension of the metro line north from Pipera station.” Plans include 200,000 sq m of retail, cinemas, cafes and restaurants, 100,000 sq m of offices, 600,000 sq m of apartments, 40,000 sq m of community buildings, 20,000 sq m of green areas, and 40,000 sq m of leisure and arts spaces. As the name suggests, sustainability is one of the key development criteria of Green Satellite. The project has a ‘green spine’, consisting of a 21,000 sq m pedestrian boulevard. Parking lots will be located along the border streets, with 25,000 sq m of car parking in multi-storey garage buildings. “Green Satellite will be an inspired fusion of contemporary design, a new urban hub for professional and family housing, and an active business community set between two forests in 2,600 ha of beautiful landscaping,” Florescu said.

5.00pm: Drinks Reception. THURSDAY 15 MARCH 2.30pm: Future Development Opportunities: The Knowledge Quarter Gateway. 3.30pm: In Conversation: Steve Rotheram, Metro Mayor LCR and Ben Derbyshire, RIBA President. Facilitated by Mark Davies, K2. 4.30pm: Shakespeare North Playhouse. Kier. 5.00pm: Drinks Reception. These events are part of a wider programme for Liverpool. Please contact a member of the team for the full schedule, or visit investliverpool.com

chat, charge up & refresh.

#lplmipim

Headline Sponsor MIPIM News 1 • 45 • 13 March 2018

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CONFERENCES & EVENTS 2018

PARTNERS’ PROGRAMME TUESDAY 13 MARCH Salon CROISETTE PALAIS 4

Verrière GRAND AUDI PALAIS 1

Verrière CALIFORNIE PALAIS 5

POP UP BOOKSTORE Visitors lounge, Palais 3

Don’t miss! BOOKS BY OUR SPEAKERS & THE LATEST PUBLICATIONS ON: • URBANITY

10.00 | 12.00

EG UK cities sessions: the future of Real Estate Co-organiser: EG

• URBANISM -

11.30 | 13.30

• SMART CITIES • TECHNOLOGY • ENVIRONMENTAL ISSUES

EG global session: destination Known Co-organiser: EG

16.00 | 18.00

Barcelona Catalonia conference. Investment goes on! Sponsor: Barcelona Catalonia

RUBY ROOM PALAIS 5

New Urban Strategies of Russian Agglomerations: how to monetize urbanity? Co-organiser: RBC

Mapping the Silk Road, The Journey From Turkey to the World

19.30

Reception at the Carlton Hotel

11.00 | 12.00

14.00 | 15.30

TODAY’S MEETING

Auditorium A

16.00 | 17.00

PALAIS 3

Faces of emerging Europe Sponsor: Poland Today

16.30 | 18.00

16.00 | 17.30

Egypt: mega projects and future Sponsors: Rooya, Tatweer

Cities: how to assess their prosperity Co-organiser: FIABCI

Welcome reception Join with fellow delegates to celebrate the start of MIPIM 2018 at the legendary MIPIM Welcome Reception, on Tuesday at the Carlton hotel, from 19.30.

Programme as of March 8th, 2018. May be subject to change.

MIPIM NEWS 13 MARCH_v3.indd 1

08/03/2018 14:39

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CONFERENCES & EVENTS 2018

PROGRAMME AT-A-GLANCE TUESDAY 13 MARCH MAIN ROOM

WORLD TRENDS ROOM

PALAIS 3

14.00 | 14.45

EUROPE

15.15 | 16.00

EUROPE

Brexit: a new face for Europe

16.30 | 17.15

ECONOMY

EUROPE

World economy: creating a new ecosystem

Smart cities in France: a thriving future

17.45 | 18.30

EUROPE 17.45 | 18.30 Emerging Trends in Real Estate Global®: Adapting to New Market Realities

REGULATION

Local markets: specificities to understand Sponsor: Neinor

PALAIS 3

14.00 | 14.45

HEALTHCARE

15.15 | 16.00

HEALTHCARE

Senior Serviced Residences by Domitys: a French success story to be exported Sponsor: Domitys

London: a special city in a world of cities

16.30 | 17.15

MARKET TRENDS ROOM

Seniors: the new age in urban space

Sponsor: Threestones Capital

16.30 | 17.15

LOGISTICS

Investment Outlook 2020: European logistics market Sponsor: P3 Parks

INNOVATION TRENDS ROOM

CREATIVE TRENDS ROOM

PALAIS -1

PALAIS 3

14.00 | 14.45

TECH. & SERVICES

15.15 | 16.00

TECH. & SERVICES

Self-driving cars: bringing a new face to our cities

Smart housing: what millennials expect

16.30 | 17.25

15.00 | 16.00

IDEACTION

Design thinking: the X-factor

SUSTAINABILITY SUMMIT

Low carbon economy: a promising ROI

17.00 | 18.00

IDEACTION

Re-charge meet-up

17.35 | 18.30 SUSTAINABILITY Low carbon economy: SUMMIT a promising ROI

Co-organisers: ULI, PwC

CLOSED-DOOR EVENTS

SPECIAL EVENTS

14.00 | 14.30

DEMOGRAPHICS

Grand Auditorium - Palais 1

By invitation only

14.30 | 16.00

DEMOGRAPHICS

Grand Auditorium - Palais 1

07.45 | 12.30

FINANCE & INVESTMENT

Carlton Hotel

12.30 | 14.30

FINANCE & INVESTMENT

Carlton Hotel - Grand salon

OPENING CEREMONY Urbanity: new rules for new cities

Writing new urban rules

Sponsors: Aberdeen Standard Investments, AXA IM, CMS, KPMG, Real Capital Analytics, Rockspring

Sponsors: Aberdeen Standard Investments, AXA IM, CMS, KPMG, Real Capital Analytics, Rockspring, Threestones Capital

16.15 | 17.15

19.30

14.00 | 16.00

16.30 | 18.00

HEALTHCARE

Healthcare corner, networking lounge Palais -1

Carlton Hotel

REGULATION

Majestic Hotel - Salon Marta

Welcome reception

Sponsor: Ivanhoé Cambridge

Sponsor: Threestones Capital

JOINTHE

CONVERSATION

IDEACTION

Foyer Debussy - Palais 3

Co-organiser: Lexis Nexis

ENGAGE WITH MIPIM 2018 ONLINE & ONSITE & please feel free to share your MIPIM experience on Instagram, Facebook, LinkedIn:

we’ll be keeping an eye out !

New ways of leadership

CONFERENCE LIVE TWEETS AND KEY SHOW TWEETS: @MIPIMWORLD #MIPIM

LIVE REPORTS & MORE ON MIPIM’S OFFICIAL BLOG: http://www.GlobalRealEstateExperts.com

DAILY REPORTS: http://www.youtube.com/mipimworld

OFFICIAL MIPIM PHOTOS, DAY-BY-DAY: http://www.flickr.com/mipimworld

Programme as of March 8th, 2018. May be subject to change.

MIPIM NEWS 13 MARCH_v3.indd 2

08/03/2018 14:39

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news

Norway unveils model for airport city of the future

Sustainable and smart: Plans for Oslo Airport City

NORWEGIAN practices Haptic Architects and Nordic – Office of Architecture have unveiled their designs for the masterplan of Oslo Airport City (OAC), a sustainable smart city located adjacent to Oslo Airport. The four million sq m city is set to be powered entirely by renewable energy, served by electric vehicles and will take 30 years to build. The scheme is being overseen by Norwegian development vehicle Oslo Airport City and is backed by the Norwegian government’s green shift from an oil-based economy to one powered by renewable energy. Oslo Airport City will embrace low-carbon features and green technologies. A test-bed for a technology-driven city, there are plans to incorporate driverless electric cars, auto-lighting and smart technology for mobility, waste and security. OAC will be a destination for leisure activities centred around a public park, in addition to the traditional cargo and business hub. It will also include gener-

ous provision of green spaces for the airport’s growing workforce, which is expected to increase from 22,000 to 40,000 people by 2050. Tomas Stokke, director, Haptic Architects, said: “This is a unique opportunity to design a new city from scratch. We will be able to create a green, sustainable city of the future.” Oslo Airport City managing director Thor Thoeneie added: “The city will be a catalyst for high-value economic activity in Norway. We expect it to deliver long-term, highly skilled jobs creating science and technology-based products as well as providing employment in services such as specialised healthcare and executive education and training.” Oslo Airport City has received outline planning consent for development and some of the areas have detailed consents. Construction of the first stage is expected to start in 2019/20, with the first buildings completing in 2022.

MIPIM News 1 • 49 • 13 March 2018

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DISCOVER MORE ON MIPIMUK.CO.UK & ON STAND P-1.D71

news

Nixon prepares to go Native in Paris, Dublin and Amsterdam NATIVE, the London-head- apartment. “Apart-hotels tend to quartered apart-hotel business, appeal to an extended-stay travwhich has recently rebranded eller. Our operational costs are from Go Native, is at MIPIM to look for European sites for the next phase of its growth. “We are using the Cannes event to identify sites in Paris, Dublin and Amsterdam for the first phase of our European expansion,” said Native founder Guy Nixon. Nixon created the business in 1998, when he identified a gap in the UK market for an apartment living concept that offered the service and flexibility of a hotel with the space and comfort of221_RM a long-term rental Native’s Kampus scheme in Manchester OPENING_N1_PIM

lighter than the average hotel, so we can offer larger rooms,” Nixon said. “We will have 1,000 units by the end of this year in London, Glasgow, Birmingham, Manchester, Leeds and Cambridge, with further projects on the way in Edinburgh, Bristol and Oxford, plus another three sites in the capital.” Nixon said expansion was “absolutely the next step” for Native. “While we have a few key cities in mind, we’re prepared to be open minded,” he added. “We’re ready to talk to property owners and potential partners at MIPIM to see how we can grow.”

ROBIN ZENDELL TEAMS UP WITH JAMES ANDREW NEW YORK retail real estate firm Robin Zendell & Associates has entered into a strategic partnership with London-based James Andrew International. The new venture will enable Robin Zendell & Associates — which works with Louis Vuitton, Gucci, Everlane and The Webster; and James Andrew International, whose clients include De Beers and Dover Street Market — to share knowledge and resources when working with global brands. “As our clients continue to expand internationally, my challenge has been not only to find optimal sites, but the right partner with a similar mind-set to provide our clients with seamless service,” said company founder Robin Zendell.

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MIPIM News 1 • 51 • 13 March 2018

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HOTEL PROJECT SHOWCASES PANEL AND DISCUSSIONS Co-organized with PKF hotelexperts

TUESDAY, 13 MARCH CHIC & COZY - URBAN BOUTIQUE HOTELS

15:00-15:15

Zoku Amsterdam Johannes Menge, Global Rollout, Zoku International

15:15-15:30

Moxy CEO Peter Haaber, Core Hospitality A/S and Zleep Hotels A/S

15:30-15:45

Unscripted Birmingham UK Jason Wischhoff , VP Development Europe & Africa, Dream Hotel Group

15:45-16:00

Questions and answers session followed by meet and greet with the speakers

CASUAL & CHEAP - AFFORDABLE LIFESTYLE HOTELS

16:00-16:15

easyHotel Birmingham Wolfgang Gold, Franchise Director – easyHotel plc

16:15-16:30

wombat’s CITY HOSTEL Venice Simon Hala, Business Development, wombat’s CITY HOSTELS

16:30-16:45

The Meininger development in France Nicolas Capelle, Head of Development Europe, MEININGER Hotels

16:45-17:00

Questions and answers session followed by meet and greet with the presenters

17:00

PKF hotelexperts cocktail reception (PKF Hotel & Tourism bar)

HOTEL & TOURISM NETWORKING ROOM , PALAIS -1

EXHIBITORS & PARTNERS

Where Inspiration becomes reality!

Hotel, Tourism and Leisure

Where Inspiration becomes reality!

news

High demand maintains strong industrial and logistics sectors

THE EUROPEAN industrial and logistics sector looks set to repeat its stellar 2017 performance, with occupier demand in Europe likely to continue to absorb increased warehouse completions in the year ahead, according to CBRE. The agent said that the average regional pipeline is below 7% of stock, marginally higher than 2017 completions, and that as the majority is build-to-suit it iPort Rail in Doncaster is now operational will not hit the market. opment director at Verdion, said: However, some developers are comed its first train last month. pressing ahead with specula- Construction has started on two “These latest developments at iPtive development. Verdion, for units of 11,148 sq m and 5,574 ort will enable us to satisfy a broad example, this week announced sq m, which are scheduled for range of occupier requirements that it had started work on the completion in the third quarter by delivering a variety of different next phase of speculative devel- of this year. The units will com- sized, highly-specified warehouses opment at iPort Doncaster, the plement an existing 18,116 sq with exceptional connectivity.” company’s 557,418 sq m logis- m unit, which is complete and Elsewhere, logistics real estate intics and rail freight hub in South ready for immediate occupation. vestor Delin Capital Asset ManJohn Clements, European devel- agement (DCAM) is to deliver a Yorkshire in the UK, which welpagina_ADV_pn_02.pdf 1 07/03/18 11:52 183_COIMA_N1_PIM Advertisement

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MIPIM News 1 • 53 • 13 March 2018

€400m development programme in the Netherlands by mid-2019. The company’s pipeline comprises 300,000 sq m of grade-A logistics space — the majority developed speculatively. Ekaterina Avdonina managing director of DCAM said: “We continue to see strong demand from a range of occupiers for big box assets, supported by a favourable economic backdrop stimulating exports, retail sales and consumer spending.” Funds are also seeking to take advantage of the buoyant industrials market. Last month CBRE Global Investors acting on behalf of the CBRE Logistics Property Fund Europe (LPFE) sold four logistics assets in France to investment funds in the Carlyle Group. Pierre-David Baylac, Fund Manager at CBRE Global Investors, said: “With these four asset sales we have successfully executed our 2017 disposal plan with seven assets sold last year and almost completed the exit plan for LPFE.”

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RICS at MIPIM 2018 Join the debate Wednesday 14 March • 08:00-10:00 > MIPIM occupier summit ‘Artificial intelligence: What it means for the built environment’ • 09:00-10:00 > Technology as the catalyst for change - Roundtable 1 Ethical implications of technology • 16:00-17:00 > RICS members reception Celebrate our 150th anniversary with RICS President John Hughes FRICS and CEO Sean Tompkins

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news

Eurozone confidence pushing office rents higher as demand increases STRONG European economic performance, particularly among Eurozone countries, is driving office rents up as demand increases across the continent, according to the latest Euro Cities research from consultant Gerald Eve. At 13%, Spain had the largest rise in prime office rents across Europe during 2017. Belgium, Czech Republic, the Netherlands and Portugal also saw big increases. Worst performing markets were Norway and Turkey, with the UK also seeing a fall in office rents. The respective changes in rental performance reflect the EU’s strengthening economic performance — especially in the Eurozone — as business confidence feeds through to increased de-

Patricia LeMarechal, partner at Gerald Eve

mand for space. Particularly notable is the return of countries such as Ireland, Portugal and Spain, which were among the hardest-hit by the ﬁnancial downturn and subsequent Eurozone crisis of the early 2010s. Patricia LeMarechal partner at Gerald Eve said: “Any uncertainty in 2017 was more than

outweighed by economic performance across the Eurozone. To see rents across the continent rise in this manner — and investment markets remaining robust as a result — is a reﬂection of the latent demand in Europe’s commercial centres, and the relative paucity of new development in recent years.”

INVESTORS BACK ITALIAN FUND COIMA, the Italian fund manager, has completed the capital raising for its Coima Opportunity Fund II, reaching the expected target of €500m. Combined with already agreed co-investment additions and the option to increase the subscriptions, the total amount of capital raised is €650m. With ﬁnancial leverage, the capacity is over €1.5bn, representing the largest vehicle of discretionary real estate investment raised in Italy. International capital — including investors from Asia and North America — represents more than 90% of the fund. It has already made several acquisitions, including two sites in Milan with a combined area of more than 100,000 sq m. Coima’s existing Opportunity Fund I has an expected net return for investors of over 12%.

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Debt adviser sets record BMO seals Paris purchase DEBT adviser and asset manager BBS Capital had a record-breaking year in 2017, arranging loans of more than £650m (€732m) across 44 transactions with a property value of £1.1bn. BBS Capital completed the deals across multiple countries and property sectors, working with 26 different clients and 17 different lenders. “We are in an environment with an increasing number of lenders with different specialities,” BBS Capital’s co-founder Adam Buchler said. “The market has therefore become more advisor-led, and investors are increasingly turning to trusted intermediaries to help them navigate the market.” According to BBS, all the signs point to a promising 2018 as well. Earlier this month the adviser arranged two facilities totalling with Title247_RM£42.5m WIFI_N1a4_PIM

LONDON-based investment manager, BMO Real Estate Partners (BMO REP), has bought a 1,000 sq m luxury property on Rue du Faubourg Saint-Honore in Paris’s 8th Arrondissement, for its pan-European retail property investment fund.

BBS Capital co-founder Adam Buchler

stone Structured Finance and Shawbrook Bank, for the acquisition of a major permitted development deal in London’s Uxbridge. BBS Capital also recently arranged a €50m facility with Signal Capital Partners, for the acquisition and development of Orquidea Aparthotel, a 12,000 sq m hotel in the exclusive town of Santa Eulalia on the island of Ibiza.

Though the price is undisclosed, the prime sale-and-leaseback of the Ermenegildo Zegna store reflects a 3.4% net initial yield. The deal represents the fund’s fourth retail investment in Paris and takes BMO REP’s assets under management to €6.4bn. “The outlook for both the city and this asset specifically are very positive. Paris continues to attract record tourist numbers, while strong demand continues from the best brands for this esteemed location,” Ian Kelley, BMO REP’s fund director Europe, said. The transaction was sourced off-market by Draco Partners. BMO REP, which is a subsidiary of Canada’s BMO Financial Group, was also advised by Lasaygues, King & Spalding and Taxand. Wargny-Katz and Degroux Brugere acted for the vendor. Prime Paris retail for BMO REP

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Coventry to translate UK City of Culture honour into legacy THE COVENTRY and Warwickshire area, represented at MIPIM by a partnership of around 20 private-sector companies and organisations, is seeking investors and developers keen to take advantage of Coventry’s appointment as UK City of Culture 2021. The city was awarded the honour, previously held in 2017 by Hull, earlier this year and is now working to ensure it is ready for the possibility of a £1bn (€1.1bn) injection into the city and county economy over the next four years. Martin Yardley, chief executive of the Coventry and Warwickshire Local Enterprise Partnership, said the next 12 months would shape the city’s future.

Coventry and Warwickshire celebrate City of Culture win

“We know that the organisers — who did so well to land the honour — will put on a programme that will attract people from across the UK and beyond. We must make sure that Coventry is not only geared up

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to cater for those visitors, but also to create a legacy that will benefit the city and the county for years to come,” he said. According to Yardley, Coventry would benefit from two new hotels and multi-storey car-park-

ing. In addition to investment in the public realm, there will also be the redevelopment of existing buildings and facilities. “For example, we will have created a new water park and a 50-metre swimming pool by 2019, so will have our existing listed sports centre vacant and in need of a future use,” he said. “We would welcome any ideas or suggestions from developers, and we have a very open mind.” Yardley said MIPIM was perfectly timed to attract investors and developers: “We effectively have a 12-month window to get plans in place ahead of work starting, so we are welcoming approaches from developers and investors in the relevant areas.” Greg Clark, Secretary of State for Business, Energy and Industrial Strategy, recently announced that the area will also be home to the new £80m UK Battery Industrialisation Centre (UKBIC), which could create around 10,000 jobs.

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Ambitious Istasyon project set to ‘recreate and redefine’ Gaziantep THE TIME is ripe for investment into Gaziantep in Turkey, according to the city’s mayor, Fatma Sahin, who is at MIPIM to promote the Istasyon urban regeneration project. Gaziantep, in south-eastern Anatolia, is one of Turkey’s fastest growing cities. Sahin pointed out that the city’s exports are twice the Turkish urban average, while its local economy has grown by 7.1% a year for the past 15 years. The Istasyon project is centred on a 505,330 sq m area next to Gaziantep castle, the Zeugma Mosaic Museum and the old downtown, which is still an ac- Gaziantep mayor Fatma Sahin: a new tive commercial centre. city-centre vision Sahin said: “The regeneration project will create a modern residential zones in the project commercial area in the city area suffer from a lack of pubcentre. In addition, the current lic transportation, parking and 210_RM AWARDS_N1&3_PIM

recreational facilities. With the regeneration, residential areas will have easy access to these facilities. The Gaziantep Istasyon project is not only a physical rebuilding project, but also an urban regeneration project that aims to recreate and redefine city life and vision in Gaziantep.” On one side, the project will cover the regeneration of old residential areas and an industrial zone into a modern central business district, incorporating variables such as commercial and residential areas, office buildings and tourism zones. On the other side the main axis from east to west, Nizip street will be transformed into a modern city centre, offering facilities such as hotels, office buildings, commercial areas and a convention centre.

SKANSKA UNVEILS CITY BUILDER STRATEGY SWEDISH investor/developer Skanska has a new strategy for the Polish market: it will build cities. Magnus Persson, Skanska’s executive vice-president and chief financial officer, said the new City Builder strategy would “focus on locations and segments with known and proven potential”. He added that the new strategy would leverage Skanska’s “internal advantages and knowledge” in office and residential development by encouraging co-operation between business units. Persson said Skanska would focus on the biggest, most complex projects, as well as areas with the greatest potential for long-term growth. “We will pay attention to the main urban centres, where we recognise the best prospects for the construction market,” he added.

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MIPIM News 1 • 61 • 13 March 2018

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news

New identity signals new vision for former Carlson Rezidor Hotel Group CARLSON Rezidor Hotel Group has been renamed as the Radisson Hotel Group. The new identity leverages the international brand equity of the Radisson name to drive awareness in the marketplace. Every Moment Matters will be the new signature service philosophy of the company and all its hotel brands. The new name aims to capitalise on the strong partnership

between Radisson Hospitality (formerly Carlson Hotels) and Rezidor Hotel Group, which has master franchise agreements to develop and operate several brands across Europe, the Middle East and Africa. Currently the 11th largest hotel group in the world, Radisson Hotel Group is made up of eight hotel brands with more than 1,400 hotels in operation or under development. The launch of the group’s new identity is part of a five-year operating plan. “Today is the start of an exciting era for the Radisson Hotel Group, united by our new brand and long-term vision to become a top-three hospitality company in the world,” said Federico J Gonzalez, president & CEO, Rezidor Hotel Group and chairman of the global steering comThe Radoisson Blu, Kayseri, Turkey 207_RM ADVERTISE_N1&2_PIM

mittee, Radisson Hotel Group. “Our five-year operating plan includes initiatives that redefine our value proposition, optimise our portfolio, streamline operations, invest in new technology systems and align our team members to deliver on our signature, Every Moment Matters. Our rebranding is just the beginning.” In conjunction with the alignment, Radisson Hotel Group intends to invest significantly over the next five years into platforms and technology, including a comprehensive IT programme for integration, new property management and distribution platforms along with new CRM, loyalty and campaign management platforms. It will also make significant investments in rebranding or repositioning more than 500 hotels globally.

AXA IMRA IN JV TO ACQUIRE US SHEDS GLOBAL real estate investment manager AXA Investment Managers – Real Assets (AXA IMRA) has entered a new joint venture with US investment manager Bixby Land Company to acquire up to $400m (€320m) of logistics properties in Western US. AXA IMRA, investing on behalf of one of its clients, is the majority shareholder in the JV and Bixby will act as property and asset manager. The JV will target core and core-plus strategies in the industrial asset class, focusing on properties located in California, Arizona, Nevada, Oregon and Washington. It will leverage Bixby’s established acquisition pipeline and existing real estate operations platform.

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Bouwfonds sheds €4bn in move away from funds and asset management BOUWFONDS Investment Management (Bouwfonds IM), a subsidiary of Rabo Real Estate Group, has disposed over €4bn of its portfolio, in line with Rabo’s strategy to cut back its activities in the field of fund and asset management. “We have now completed the disposal of important parts of our portfolio,” said Jaap Gillis, CEO of Bouwfonds IM. “The interests of our customers, employees and parent company Rabobank were always our priority.” The phase-out comprised a management buy-out, financially supported by Commonwealth Investment. The disposal concerns all activities of the parking business, most of the activities of the residential business and the German communication infrastructure fund (BCIF II). 209_RM APP_N1_PIM

In November 2017, IEF Capital, a joint venture of Bouwfonds IM & IEF, and CBRE Global Investors announced that a consortium headed by CBRE Global Investors, consisting of three Dutch institutional investors and the CBRE Dutch Retail Fund, had recapitalised the shares in IEF Capital Berlage Zuid and IEF Capital Berlage HB ll. Separately, Bouwfonds IM also transferred its indirect interests in the telecommunication towers from CIF l to TenneT, and completed the sale of Agri business unit. “We are delighted that in the second half of 2017 in particular, we were able to achieve and prepare these results. The phasing out and management buy-out, which involved many parties,

was a complex operation which required great precision and dedication from our organisation,” Bouwfond’s chief financial officer Marnix Boessenkool said.

Bouwfonds IM’s Jaap Gillis

CMY

MIPIM News 1 • 65 • 13 March 2018

RECORD INVESTMENT INTO DUTCH HOTELS INVESTMENT into Dutch hotels reached a record €1.8bn in 2017, representing a year-on-year increase of 200%, according research from Savills. The agent attributed the record investment to a growth in tourism, with supply failing to keep pace with demand leading to rising room rates and revenues. Savills’ research showed that around 33% of investments in 2017 came from Germany, while a further 25% were from Asian investors. “New investors are entering the market now, seeking to diversify product and income within their portfolios,” Bas Wilberts, head of alternative investments at Savills Netherlands, said. The research forecasts that the trend will continue during the course of 2018.

infographic: CAPITAL FLOWS

AMERICAS TO EMEA

€47.5bn

EMEA TO AMERICAS

€13.2bn

APAC TO AMERICAS

€16.8bn

SOURCE: REAL CAPITAL ANALYTICS

HOW THE CAPITAL FLOWS Global investors placed €129bn into income-producing assets during 2017 — a year on year increase of 4.6% and 18% of overall investment volumes, according to Real Capital Analytics (RCA). Chinese and Hong Kong-based investors acquired €28.7bn outside Asia Pacific during the year, accounting for 22% of global cross-border flows and making them the most active players. This was a significant increase on 2016 although future flows may be restricted by new Chinese capital controls, which will impact both mainland and Hong Kong-based investors. They were by far the most influential investors in the UK last year, following the corporate acquisition of Logicor — of which 35% is in the UK — and the trophy assets 20 Fenchurch Street and the Leadenhall Building in London. However, their focus was not just high-profile assets — these investors were responsible for a total of 132 deals across the UK. RCA also reveals that US investors remain influential. Germany and Spain were top destinations in 2017 while US investment into Finland soared due to Blackstone’s joint acquisition of Sponda. Other trends included a 62% increase of US capital into the Netherlands and a 22% rise into Italy, although RCA says France remains off the radar for many US investors.

MIPIM News 1 • 66 • 13 March 2018

infographic: CAPITAL FLOWS

€4.3bn

EMEA TO APAC APAC TO EMEA

AMERICAS TO APAC

€33.2bn

€10.1bn

Rank 2017

Rank 2016

Source Country

Destination Country

Vol ($m) 2017

YOY %

Canada

United States

14 347

24%

United States

Germany

10 349

57%

United States

United Kingdom

9 971

United States

Spain

8 855

414%

China

United Kingdom

7 259

308%

Hong Kong

United Kingdom

7 092

111%

Singapore

United States

6 391

95%

Hong Kong

China

5 578

-3%

China

United States

5 368

-64%

United States

Netherlands

5 328

74%

MIPIM News 1 • 67 • 13 March 2018

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project news

ARCHIPEL Strasbourg, France

EAST HARBOUR Toronto, Canada

Archipel is a major project being developed close to banks, insurance companies and European institutions and well linked to the city centre by public transport and using non-motorised transport (soft mobility). Located in the International Business District, the project has a total land area of 14 ha and will provide gross floor space of 200,000 sq m. Designs combine housing, hotels and space for international businesses. The first phase of five lots providing 100,000 sq m, is built and completely occupied. The next stages will be completed in 2018 and handed over to Adidas-France for its headquarters, and to Credit Mutuel’s IT subsidiary Eurinformation. Archipel 2 will occupy a 10 ha area and will have the same economic ambitions towards the service sector and the same requirements for a strong functional mix. Due for completion by 2025, the project is located beside the Palais de la Musique and Congresses which has been enlarged and given a facelift. There is also a new and complementary exhibition area and a new sports complex. The project will aim for BREEAM, BEPOS, BEPAS, Energie 2/Carbone 1 accreditations and awards.

Located on a 60-acre (24.28 ha) site directly east of Toronto’s downtown core, East Harbour is currently the largest commercial development planned in Canada and will be a world-class destination for business, art and entertainment. The project, being constructed on a former industrial site by developer First Gulf, will provide 13 million sq ft (1.2 million sq m) of office, retail, and institutional, entertainment and cultural space and will employ more than 50,000 people. The development will be integrated with a multi-modal transit hub, served by Regional Express Rail, SmartTrack, Broadview Streetcar, Queen’s Quay LRT and the Relief Line Subway providing connections throughout the region. East Harbour will be a technologically advanced sustainable development and registered EcoDistrict and will be accessible by bicycle and on foot.

Mixed-use – Presented by: City of Toronto

Mixed-use – Presented by: City of Strasbourg

GALILEO INTEGRATED LOGISTICS SUPPORT CENTRE Libin, Belgium Industrial & Logistics – Presented by: Idelux

TRILOGY Limassol, Cyprus

Mixed-use – Presented by: Cybarco Development Ltd

Trilogy comprises three beachfront towers of luxury apartments and offices totalling 61,802 sq m. The integrated mixed-use development will be in a prime location. There are also private indoor and outdoor facilities, as well a public plaza with restaurants, cafes, bars and shops. Three distinct social areas will provide resident-only secluded facilities as well as a public space that can be enjoyed by everyone.

The Galileo Integrated Logistics Support Centre, which Idelux inaugurated in December, is located on the Galaxia business park, Transinne. The Galileo programme is intended to provide the European Union with its own satellite navigation system. The purpose of the 3,000 sq m building is to ensure that the 28 remote sites which comprise the navigation system and are distributed around the world, always have operational equipment to enable the management of the Galileo satellites. The building is connected to two independent optical fibre networks integrating the current state-of-the-art technological standards. Building management can be controlled remotely. Meanwhile, 228 photovoltaic panels and five geothermal probes supplying a heat pump make the building autonomous in terms of heating, lighting and ventilation. The electricity supply is backed up by a generator providing three days self-sufficiency and there is an uninterrupted power supply system comprises batteries which will power vital systems for four hours. A green roof over the logistics area of the building also provides thermal insulation and helps rainwater filtration. The rainwater is recovered to supply the sanitary system and irrigate the green roof.

MIPIM News 1 • 69 • 13 March 2018

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project news

MILL PARK Budapest, Hungary

PALM EXOTJCA Watamu, Malindi, Kenya Mixed-use – Presented by: Global Real Estate

Located on the Pest side of the Danube, Mill Park will provide 36,000 sq m of leasable space in connected levels each of 4,500 sq m. The office complex comprises two buildings, each having seven storeys above ground and three underground parking levels. The development focuses on human aspects and the quality of the buildings. Mill Park will also be accessible, being close to the Petofi and Rakoczi bridges, the H7 suburban railway line, M3 underground rail line and three tram routes that mean that downtown Pest and Buda are both about 10 to 15 minutes away by car or public transport. The office complex, which is LEED Gold pre-certified, employs various solutions to minimise environmental footprint and significantly reduce operating costs.

Palm Exotijca is a 61-storey, ultra-luxury mixed-use development with unique architecture in Watamu, Kenya. The first of its kind, this 343-metre innovative skyscraper will define a new way of living in Kenya and will feature a 5-star branded hotel alongside retail, commercial, dining and entertainment amenities. It will have 180 units of luxury serviced residences. Leisure and wellness facilities include a casino, convention centre, swimming pool, spa, health centre and an observatory deck overlooking the sea at Watamu. A state-of-the-art elevated skywalk will provide access to a private beachfront for residents and guests.

PRATUM COLLER WINERY Flero, Italy

SHINAGAWA DEVELOPMENT Tokyo, Japan Urban development – Presented by: East Japan Railway Company

The new winery will rise close to the client’s farmstead, an historical building dating from 1400 currently under restoration to transform it into a small hospitality structure. The design of the building solves the relationship between the existing structure and the natural context. The building is made of a monolithic volume covered by a pattern in which a wooden cover is alternated with transparent splits. The facade design finds inspiration in the geometric shapes created by the rows of vines on the ridges of the cultivated hills. The wood construction technique will increase internal comfort and energy efficiency; moreover, the construction time will be reduced by 30% in comparison with a traditional construction in reinforced concrete. Three distinct social areas will provide resident-only secluded facilities as well as a public space that can be enjoyed by everyone.

East Japan Railway Company’s (JR East’s) Shinagawa development project will provide a new railway station near Shinagawa station, projected to open in 2020. Shinagawa has rapid access to Haneda airport and Shinkansen station and, through collaboration with the surrounding communities, JR East is developing plans to create a town with international appeal. The Global Gateway Shinagawa concept will create a town that will attract innovative companies and personnel, and encourage the creation of new businesses and cultures. JR East will develop the new town as a basis for the creation of next-generation businesses using three priority themes: transportation and communication, environment and Japanese values.

Offices – Presented by: Skanska Property Hungary

Industrial & Logistics – Presented by: Pininfarina Architecture & Interiors

MIPIM News 1 • 71 • 13 March 2018

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BUSINESS GARDEN Warsaw, Poland

CAMPUS CONTERN Contern, Luxembourg Offices – Presented by: ICN Development

Business Garden is located on one of Warsaw’s main arterial routes near the city centre and proximity to public transport provides fast access to and from any part of the city during peak hours. The multifunctional complex comprises seven six-storey office buildings providing 90,000 sq m of leasable space in total. The complex is interesting architecturally and has a garden with ponds and both rest and work zones with wi-fi access. The garden, along with green roof areas, constitutes about 60% of the complex area. The development includes amenities such as a 200-room hotel, a conference centre and restaurant. The architecture and energy saving solutions are compliant with LEED Platinum certification requirements and help create a comfortable working environment.

Amalia, being developed by ICN Development and Tralux, will combine luxurious living, working and shopping in the historical centre of the city of Luxembourg. Modern interiors are being created behind preserved historic facades in a project designed by Tatiana Fabeck Architects. The project is located next to the Fensterschlass residence and the buildings share an underground connection, enabling Amalia residents to use the Fensterschlass access to the car park. All units, including residential, commercial and offices will be completed by the end of 2020.

FISHING PIER Gdynia, Poland

UNIVERSITY OF LATVIA ACADEMIC CENTRE Riga, Latvia

Offices – Presented by: Vastint Poland

Mixed-use – Presented by: City of Gdynia Developer Korporacja Budowlana Doraco is developing an office and residential project on Gdynia’s marine pier and the adjacent area. The investment will take place in several stages, the first phase of which is under way. Capital Group of Polski Holding Nieruchomości is providing part of the project by the Nabrzeze Kutrowe (Vessel Wharf) where a complex of six residential buildings, a marina and accompanying infrastructure totalling about 11,700 sq m is being built. This is known as Yacht Park and will provide 135 apartments. The next phase will start this year and provide a 27,000 sq m office complex on Hryniewickiego Street. Ultimately, the project will provide residential and space for services of 122,000 sq m and 71,000 sq m of office space. Attractive public spaces, parks, squares and boulevards will also be created around the pier area, including a museum of sailing.

Cultural institution – Presented by: University of Latvia

University of Latvia Academic Centre will provide facilities for more than 15,000 students, will include 13 faculties and will employ 3,000 people including researchers and academic personnel, all in an area of 7 ha. Three study and science buildings will provide 70,000 sq m, while student accommodation and apartments will take up another 30,000 sq m. There will also be sports facilities and centres of technology and business incubators will focus resources in order to create synergies and boost innovation. The academic centre is a milestone for the University of Latvia which is becoming one of the leading research universities in the Baltic region. The project commenced in 2014. Since then, one of the three study and science centre buildings has been built and construction of the second is in progress. The project, which is worth over €220m, is scheduled for completion in 2025.

MIPIM News 1 • 73 • 13 March 2018

191_LA LIBRE BELGIQUE_N1_PIM

IMMO BELGIUM

BELGIUM IMMOBILIER - ARCHITECTURE - DESIGN

Le grand déballage pp.18-19

DOSSIER ARCHITECTURE

FRANCOIS LO PRESTI/AFP

Dominique Strauss-Kahn rejette les accusations de proxénétisme. Ce qu’il aime, c’est “la fête”.

L’ancien patron du FMI a été entendu mardi au procès du Carlton, à Lille.

20 PAGES SPÉCIALES

Dette grecque: un dangereux poker menteur. International pp.14 à 17

BRUXELLES - MERCREDI 11 FÉVRIER 2015 - www.lalibre.be

L’ESSENTIELLE IMMO, LE MAGAZINE IMMOBILIER ENCARTÉ DANS «LA LIBRE BELGIQUE» LE QUOTIDIEN BELGE NATIONAL

pp.18-19

DOSSIER ARCHITECTURE

FRANCOIS LO PRESTI/AFP

Dominique Strauss-Kahn rejette les accusations de proxénétisme. Ce qu’il aime, c’est “la fête”.

L’ancien patron du FMI a été entendu mardi au procès du Carlton, à Lille.

20 PAGES SPÉCIALES

Dette grecque: un dangereux poker menteur.

Ageekulteur, dataviseur… ces métiers de demain

Tourisme à Bruxelles: NUMÉRO Rudi Vervoort SPÉCIALfâche les hôteliers.

Les pertes d’emplois vont se multiplier dans les banques

Rendez-vous vite en p. 3

sur votre monture !

L’excellence allemande à la portée de tous.

L’ancien patron du FMI a été entendu mardi au procès du Carlton, à Lille.

Voyez en p.

Tél.: 02/744.44.44

ARCHITECTURE HUNINGTON & MILLS

TABLE RONDE ARCHITECTURE, CRÉER ET TRANSFORMER

Novembre 2015 - N° 132

MIPIM 2015

133e année – n° 258 HHHHH

© S.A. IPM 2016. Toute représentation ou reproduction, même partielle, de la présente publication, sous quelque forme que ce soit, est interdite sans autorisation préalable et écrite de l'éditeur ou de ses ayants droit.

TABLE RONDE ARCHITECTURE, CRÉER ET TRANSFORMER

ANNONCES IMMOBILIÈRES - PRÈS DE 300 BIENS

Novembre 2015 - N° 132

IMMO BELGIUM

MIPIM 2015 n IMMOBILIER LES FONDAMENTAUX REVISITÉS

Sept nouvelles stations de métro à Bruxelles pour 2025

Dossier Salon MIPIM PP.28-29

Samedi 5 mars

La station Verboekhoven telle qu’elle devrait être dans neuf ans.

4/03/15 10:00

Les réfugiés diplômés vont en Flandre

Un magnum de vin gratuit ?

Le numérique transforme la grande majorité des métiers. Et il en crée de nouveaux. pp.24-25

Tourisme à Bruxelles: Rudi Vervoort fâche les hôteliers. Économie p.29

DÉCOUVREZ L’ASTRA ULTIMATE EDITION.

sur votre monture !

L’excellence allemande à la portée de tous.

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Les deux font la paire

Vous venez à deux : recevez chacun

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L’IMMOBILIER FLEXIBLE

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Audience

COO de Deficom, Pierre Hermant chapeaute le salon Batibouw, qui ouvre ce jeudi.

Lectorat : la Libre Belgique : 175.200 lecteurs Sites : Libre.be : 136.000 visiteurs jours Logic-immo.be : 38.000 visiteurs jours

HHHHH

JEAN-LUC FLÉMAL

Les notaires de Bruxelles et de Wallonie ont livré leur moisson de prix pour les maisons, les appartements et les terrains à bâtir en 2016. Peu étaient dans le rouge. pp. 6 à 12

À UCCLE, L’ORANGERAIE

Photo couverture : Liège, Centre des Finances image © Jaspers-eyers architects photography by georges de Kinder (voir article page 4)

68 APPARTEMENTS ET PENTHOUSES Achevés au printemps 2017

PORTES OUVERTES

DANS L’APPARTEMENT TÉMOIN

SUR LA 2E PHASE

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Rue Verrewinkel 93-95, 1180 Uccle

bouygues-immobilier.be

Septembre 2016 - N° 129

Photo : RIVER POINT - CHICAGO (Doc.: www.mipim.com) Arch.: PICKARD CHILTON ARCHITECTS Projet nominé aux Mipim Awards

n Dossier réalisé par IPM Immo Supplément Gratuit de La Libre Belgique n Retrouvez ce dossier et plus d’infos sur www.logic-immo.be

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*Valable jusqu’au 28/02/15 à l’achat de verres. Conditions : pearle.be

Tél.: 02/744.44.44

© S.A. IPM 2015.. Toute représentation ou reproduction, même partielle, de la présente publication, sous quelque forme que ce soit, est interdite sans autorisation préalable et écrite de l'éditeur ou de ses ayants droit.

Portrait

Supplément à La Libre Belgique - N°364 - Semaine du 16 au 22 février 2017

Dossier ARCHITECTURE

Quotidien européen – Belgique 1,50 € – France 2,6 € – Luxembourg 1,50 €

LE MAGAZINE IMMOBILIER ENCARTÉ Samedi 5 mars DANS “LA LIBRE BELGIQUE” LE QUOTIDIEN BELGE NATIONAL

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Immo

La 58e édition de Batibouw prend ses quartiers dès ce jeudi à Bruxelles.

pour la brique belge

Bordeaux, le RENOUVEAU • Foires aux vins : 70 VINS entre 5 et 20 € • Les VIGNOBLES du MIDI au fil de l’eau • Focus TEQUILA

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Le consultant en immobilier professionnel CBRE étend son expertise au résidentiel.

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ARCHITECTURE LIONEL JADOT

Retrouvez l’Essentielle Vino!

Le 17/09 dans

Voyez en p.

Belgique pp.4-5

L’ESSENTIELLE Dossier IMMO, Salon MIPIM

n IMMOBILIER TABLE RONDE LES FONDAMENTAUX JARDIN ESSENTIEL REVISITÉS

P.4

P. 2

Et en ligne sur www.logic-immo.be

Les syndicats craignent l’annonce d’une restructuration, jeudi, chez ING. Le contexte, délicat, laisse peu de doutes: les effectifs du secteur déclineront dans les années à venir. pp. 24-26

■ ARCHITECTURE ET ECOSYSTEME URBAIN

International pp.14 à 17

Salon

En vue

PP.16-32

BRABANT/BRUXELLES - MERCREDI 14 SEPTEMBRE 2016 - www.lalibre.be

BRUXELLES - MERCREDI 11 FÉVRIER 2015 - www.lalibre.be

Ageekulteur, dataviseur… ces métiers de demain

STIB

Annonces

LE MAGAZINE IMMOBILIER ENCARTÉ DANS “LA LIBRE BELGIQUE” Les pertes d’emplois vont LE QUOTIDIEN BELGEseNATIONAL multiplier dans les banques ARCHITECTURE ALIGNEMENT ET INTENSIFICATION URBAINE DE BEAUX PRIX MIPIM 2015 6.indd 1

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132e année – n° 42 HHHHHH

ANNONCES IMMOBILIÈRES - PRÈS DE 300 BIENS

20 PAGES SPÉCIALES

Dette grecque: un dangereux poker menteur.

Quotidien européen – Belgique 1,50 € – France 2,6 € – Luxembourg 1,50 €

la paire

DOSSIER ARCHITECTURE

Le 17/09 dans

ARCHITECTURE HUNINGTON & MILLS

132e année – n° 42 HHHHHH

n Retrouvez ce dossier et plus d’infos sur www.logic-immo.be

*Valable jusqu’au 28/02/15 à l’achat de verres. Conditions : pearle.be

Tél.: 02/744.44.44

Bordeaux, le RENOUVEAU • Foires aux vins : 70 VINS entre 5 et 20 € • Les VIGNOBLES du MIDI au fil de l’eau • Focus TEQUILA

FRANCOIS LO PRESTI/AFP

Belgique pp.4-5

*Valable jusqu’au 28/02/15 à l’achat de verres. Conditions : pearle.be

Tél.: 02/744.44.44

sur votre monture !

Photo : RIVER POINT - CHICAGO (Doc.: www.mipim.com) Arch.: PICKARD CHILTON ARCHITECTS Projet nominé aux Mipim Awards

Vous venez en solo :

Retrouvez l’Essentielle Vino! - ARCHITECTURE - DESIGN IMMOBILIER

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Les Un magnum réfugiés diplômés de vin gratuit vontlesen Dominique Strauss-Kahn rejette accusations de proxénétisme. Ce qu’il aime, c’est “la fête”. pp.18-19 Flandre

Quotidien européen – Belgique 1,50 € – France 2,30 € – Luxembourg 1,50 €

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BRABANT/BRUXELLES - MERCREDI 14 SEPTEMBRE 2016 - www.lalibre.be

Vous venez à deux : recevez chacun

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STIB

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La station Verboekhoven telle qu’elle devrait être dans neuf ans.

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IMMOBILIER - ARCHITECTURE - DESIGN

Le grand déballage

PP.28-29

L’ESSENTIELLE IMMO, LE MAGAZINE IMMOBILIER ENCARTÉ DANS “LA LIBRE BELGIQUE” LE QUOTIDIEN BELGE NATIONAL

Le numérique transforme la grande majorité des métiers. Et il en crée de nouveaux. pp.24-25

Immo

Sept nouvelles stations de métro à Bruxelles pour 2025

Ageekulteur, dataviseur… ces métiers de demain

D.R.

Novembre 2015 - N° 132 MIPIM 2015 6.indd 1

4/03/15 10:00

MIPIM 2015

Audience

Portrait

Supplément à La Libre Belgique - N°315 - Semaine du 21 au 27 janvier 2016

P.3

Nicolas de Liedekerke, du bureau Volume Architecture, est l’architecte de la Brafa.

ARCHITECTURE

SALON

P.2

Annonces PP.14-32

Urbanisme

En vue

P.3

REALTY Lectorat : 2015 la Libre Belgique : LES ENSEIGNES JOUENT 175.200 lecteurs Dossier Salon les starlettes sur la Croisette REALTY Sites : Jeudi 19 mai Libre.be : 136.000 visiteurs jours Logic-immo.be : Dossier Salon MAPIC 38.000 visiteurs jours

En vue

ET INTENSIFICATION URBAINE

LA LIBRE IMMO, LE SUPPLÉMENT IMMOBILIER HEBDOMADAIRE DE LA LIBRE BELGIQUE Et en ligne sur www.logic-immo.be

Le projet de shopping center louviérois La Strada est gelé par son promoteur.

Le nombre de permis de bâtir est en chute sur les sept premiers mois de l’année.

P.2

Campagne P.3

Le parlement wallon vote l’amnistie des infractions urbanistiques antérieures à 98.

Portrait

Supplément à La Libre Belgique - N°400 - Semaine du 23 au 29 novembre 2017

Denis Bosson est le directeur commercial de la célèbre entreprise de construction Franki.

Le SNPC dénonce une hausse de la fiscalité immobilière à Bruxelles.

Dossier ARCHITECTURE

n INVENTER L’IMMOBILIER FLEXIBLE

REPORTERS/DESIGN PICS

■ TABLE RONDE CREER C’EST (AUSSI) TRANSFORMER ■ MIMA MUSEE 2.0

Photo : RIVER POINT - CHICAGO (Doc.: www.mipim.com) Arch.: PICKARD CHILTON ARCHITECTS Projet nominé aux Mipim Awards

■ Dossier réalisé par IPM Immo Supplément Gratuit de La Libre Belgique

n Retrouvez ce dossier et plus d’infos sur www.logic-immo.be

■ Retrouvez ce dossier et plus d’infos sur www.logic-immo.be

Cette semaine,RÉSIDENTIELLE la commune de Charleroi sous la loupe. TERTIAIRE

Annonces ■ RÉFLEXION PP.10-20

ACHETER UN BIEN EN SOCIÉTÉ ?

11 pages pour trouver IMMOBILIER le bien de votre choix.

De tout temps, le bois s’est imposé en matériau phare dans la construction. Aujourd’hui, il est plus que jamais tendance, à l’extérieur comme à l’intérieur de la maison. pp. 4 et 5

Rendez-vous ■ Dossier réalisésur par IPM Immo

Supplément Gratuit de La Libre Belgique WWW.LOGIC-IMMO.BE

Depuis 1965, nous construisons votre tranquillité.

Photo couverture : Liège, Centre des Finances image © Jaspers-eyers architects photography by georges de Kinder (voir article page 4)

n Dossier réalisé par IPM Immo Supplément Gratuit de La Libre Belgique

■ ACTIVITÉ IMMOBILIÈRE

REPORTERS/STG

Samedi 5 novembre C’EST BRANCHÉ

Samedi 5 mars

URBANISME ET ECONOMIE CIRCULAIRE

PP.8-9

Construire en bois,

■ ARCHITECTURE ET ECOSYSTEME URBAIN

n E-COMMERCE & MAGASINS QUELLE CONVERGENCE ?

■ Retrouvez ce dossier et plus d’infos sur www.logic-immo.be

Dossier Salon MIPIM

n IMMOBILIER LES FONDAMENTAUX REVISITÉS

Zoom ■ REALTY

LecobeL VaNeau, VotRe ageNce immobiLièRe Depuis 1989

www.tpalm.be l 087.87 10 10

Département Vente

Département Neuf

Département Location

02 346 33 55

02 340 72 85

Retrouvez-nous au salon Realty du 19 au 21 mai - stand 3120 MIPIM 2015 6.indd 1

pp. 4 à 12

Jeudi 24 novembre Expertise de premier plan et service d’exception nous vendrons votre bien au meilleur prix ! www.engelvoelkers.be

4/03/15 10:00

Audience LA LIBRE IMMO, RETROUVEZ VOS DOSSIERS SUR WWW.LOGIC-IMMO.BE DOSSIER

DOSSIER

ARCHITECTURE

DOSSIER

D.R.

DOSSIER

Lectorat :LE SUPPLÉMENT IMMOBILIER Libre Belgique : HEBDOMADAIRE DE LA LIBRE BELGIQUE IPM IMMO REALTY 175.200 lecteurs Rue des Francs 79 - 1040 Bruxelles Dossier ARCHITECTURE +32 (0)2 211 27 64 - +32 (0)2 211 29 85 Sites : Dossier Salon REALTY Samedi 5 novembre Libre.be : Construire en bois, Jeudi 19 mai 136.000 visiteurs jours C’EST BRANCHÉ Logic-immo.be : LLB_IMMO_MIPIM 240x330_16 2.indd 1 AUDIENCE Dossier Salon MAPIC 38.000 visiteurs jours

ET INTENSIFICATION URBAINE

Portrait

Supplément à La Libre Belgique - N°315 - Semaine du 21 au 27 janvier 2016

■ ARCHITECTURE ET ECOSYSTEME URBAIN

SALON la

ARCHITECTURE Samedi 3 novembre En vue P.2

Le projet de shopping center louviérois La Strada est gelé par son promoteur.

Salon REALITY Jeudi 17 mai

2015

Campagne P.3

Le SNPC dénonce une hausse de la fiscalité immobilière à Bruxelles.

Zoom ■ REALTY

URBANISME ET ECONOMIE CIRCULAIRE

PP.8-9

REPORTERS/STG

■ TABLE RONDE CREER C’EST (AUSSI) TRANSFORMER

P.3

Nicolas de Liedekerke, du bureau Volume Architecture, est l’architecte de la Brafa.

Salon MIPIM Samedi 3 mars

Salon MAPIC Jeudi 22 novembre Supplément à La Libre Belgique - N°007 - Semaine du 22 novembre au 29 novembre 2012

■ ACTIVITÉ IMMOBILIÈRE

Cette semaine,RÉSIDENTIELLE la commune de Charleroi sous la loupe. TERTIAIRE

Annonces ■ RÉFLEXION

■ MIMA MUSEE 2.0

REPORTERS/DESIGN PICS

PP.10-20

Photo couverture : Liège, Centre des Finances image © Jaspers-eyers architects photography by georges de Kinder (voir article page 4)

■ Dossier réalisé par IPM Immo Supplément Gratuit de La Libre Belgique

De tout temps, le bois s’est imposé en matériau phare dans la construction. Aujourd’hui, il est plus que jamais tendance, à l’extérieur comme à l’intérieur de la maison. pp. 4 et 5

Depuis 1965, nous construisons votre tranquillité.

■ Retrouvez ce dossier et plus d’infos sur www.logic-immo.be

ACHETER UN BIEN EN SOCIÉTÉ ?

11 pages pour trouver IMMOBILIER le bien de votre choix.

Rendez-vous ■ Dossier réalisésur par IPM Immo

Supplément Gratuit de La Libre Belgique WWW.LOGIC-IMMO.BE

LecobeL VaNeau, VotRe ageNce immobiLièRe Depuis 1989 Département Vente

Département Neuf

Département Location

02 346 33 55

02 340 72 85

D.R.

Retrouvez-nous au salon Realty du 19 au 21 mai - stand 3120

Portrait

Supplément à La Libre Belgique - N°315 - Semaine du 21 au 27 janvier 2016

P.3

Nicolas de Liedekerke, du bureau Volume Architecture, est l’architecte de la Brafa.

En vue P.2

Le projet de shopping center louviérois La Strada est gelé par son promoteur.

SALON

REALTY 2015

213.600 lecteurs

Rue des Francs 79 - 1040 Bruxelles

P.3

+32 (0)2 211 27 64 - +32 (0)2 211 29 85

Dossier Salon REALTY soit 20% d’audience en plus

Zoom ■ REALTY

URBANISME ET ECONOMIE CIRCULAIRE

PP.8-9

REPORTERS/STG

Construire en bois,

■ ACTIVITÉ IMMOBILIÈRE

Cette semaine,RÉSIDENTIELLE la commune de Charleroi sous la loupe. TERTIAIRE

Supplément à La Libre Belgique - N°007 - Semaine du 22 novembre au 29 novembre 2012

Jeudi 19 mai

C’EST BRANCHÉ RETROUVEZ VOS DOSSIERS SUR WWW.LOGIC-IMMO.BE

Jeudi 24 novembre

RETROUVEZ VOS DOSSIERS SUR WWW.LOGIC-IMMO.BE , LA LIBRE IMMO Lectorat : LE SUPPLÉMENT IMMOBILIER La Libre Belgique : HEBDOMADAIRE DE LA LIBRE BELGIQUE IPM IMMO

Campagne Le SNPC dénonce une hausse de la fiscalité immobilière à Bruxelles.

Annonces ■ RÉFLEXION

Sites : Libre.be : 136.000 visiteurs jours Jeudi 24 novembre Logic-immo.be : 38.000 visiteurs jours RETROUVEZ VOS DOSSIERS SUR WWW.LOGIC-IMMO.BE PP.10-20

De tout temps, le bois s’est imposé en matériau phare dans la construction. Aujourd’hui, il est plus que jamais tendance, à l’extérieur comme à l’intérieur de la maison. pp. 4 et 5

Depuis 1965, nous construisons votre tranquillité.

ACHETER UN BIEN EN SOCIÉTÉ ?

11 pages pour trouver IMMOBILIER le bien de votre choix.

Rendez-vous ■ Dossier réalisésur par IPM Immo

3/02/1

■ Retrouvez ce dossier et plus d’infos sur www.logic-immo.be

www.tpalm.be l 087.87 10 10

REPORTERS/DESIGN PICS

Le rapport de force entre les promoteurs d’espaces commerciaux et les enseignes a changé. Au Mapic, ce sont elles qui avaient la main et négociaient, exigeant du marché toujours plus de créativité.

LLB_IMMO_MIPIM 240x330_16 2.indd 1

3/02/16 11:02

Dossier Salon MAPIC

Supplément Gratuit de La Libre Belgique WWW.LOGIC-IMMO.BE ■ Retrouvez ce dossier et plus d’infos sur www.logic-immo.be

LecobeL VaNeau, VotRe ageNce immobiLièRe Depuis 1989

www.tpalm.be l 087.87 10 10

Département Vente

Département Neuf

Département Location

02 346 33 55

02 340 72 85

Retrouvez-nous au salon Realty du 19 au 21 mai - stand 3120

IPM IMMO Rue des Francs 79 - 1040 Bruxelles

IPM IMMO 79, rue des Francs - 1040 Bruxelles +32 (0)2 211 27 64 / +32 (0)2 211 29 85

+32 (0)2 211 27 64 - +32 (0)2 211 29 85

LLB_IMMO_MIPIM 240x330_16 2.indd 1

MIPIM_plaquette 2018 (240x310).indd 2

Supplément à La Libre Belgique - N°007 - Semaine du 22 novembre au 29 novembre 2012

3/02/16 11:02

27/02/2018 10:26:35

project news

CAMPUS 6 Bucharest, Romania

MALL OF QATAR Doha, Qatar

Campus 6 is a new office complex developed by Skanska in the Central-West area of Bucharest, close to the University Politehnica. The complex has 82,000 sq m of leasable space in all, and consists of four A-class buildings. The first phase will comprise about 22,000 sq m, with 11 storeys above ground and two levels of underground parking. Skanska’s focus is to create future-proof workplaces and unique places in which people enjoy spending their time. Located at the intersection of two main boulevards, Iuliu Maniu and Vasile Milea, the project is highly visible with good access to public transport including the metro trams, buses and trolley buses within 50 metres, and is close to the Basarab flyover thus having good access to the North and Centre districts. Campus 6 will function as a meeting hub, where tenants, employees and guests can work, meet and relax aided by the availability of green co-working spaces with electrical sockets and wi-fi, amphitheatres hosting small business and social gatherings, as well as restaurants and cafeterias with terraces. The project is LEED Gold pre-certified.

Officially opened in April 2017, the Mall of Qatar is set to attract 20 million people this year. It is the largest shopping centre in Qatar and one of the largest retail projects to open worldwide in 2017. With over 500 shops and 100 food and beverage outlets, a 19-screen cinema with the world’s largest IMAX Laser 3D system, a bowling alley and a family entertainment centre, the complex provides world-class retail and leisure. Eighty new brands have been introduced to the local retail scene. The centre also uses the latest digital smart-screen network technology. All of this is served by 7,000 parking spaces. At the mall’s core is a 30-metre-high atrium, The Oasis, where a 50-strong in-house theatre troupe performs all year round. 500 international artists of over 40 nationalities have performed 250 stage shows and 300 roaming shows on the first in-mall 360-degree theatrical revolving stage. As the nucleus of a new sporting and cultural city beside a 2022 FIFA World Cup stadium, Mall of Qatar represents a step-change in the idea of the shopping centre. Awards include the International Retail and Leisure Destination 2017 (Global RLI Awards).

HARMONY SUITES 11 Sunny Beach, Bulgaria

ELEMENTS Montreal, Canada

Developer M-Group is creating the luxury, residential complex, Harmony Suites 11, at Sunny Beach on the Black Sea, close to infrastructure necessary for yearround living on the coast. Harmony Suites 11 is part of the larger Harmony Suites project, which consists of five complexes. A distinctive feature of the complex is a park, designed for use by residents and their children and consisting of playgrounds, gazebos, barbeque areas, spacious areas for walking and fitness activities. The resort also includes a 36-metre swimming pool, a heated pool for children, a pool bar and restaurant. The development includes firefighting systems, round-the-clock security and video surveillance.

Elements is a residential condominium project in Montreal, located in a former industrial area that has been transformed into what is today known as Griffintown, a bustling area with shops, hotels, restaurants, bars and office buildings. Part of the vast District Griffin real estate project, the C$25m (€16.4m) Elements tower consists of 95 condominiums spread over 14 floors and a rooftop terrace with access to an infinity pool and views of downtown Montreal.

Offices – Presented by: Skanska Property Romania

Residential – Presented by: Harmony Suites

Retail & Leisure – Presented by: Chapman Taylor

Residential – Presented by: Fonds immobilier de solidarite FTQ

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CITY PARK Moscow, Russia

CAN SANT JOAN Sant Cugat del Valles

Residential – Presented by: MonArch Group

City Park is a premium residential quarter located in a prestigious western part of Moscow central district. Its ‘vertical village’ concept is a completely new architectural solution for Moscow combining nature and urban architecture in harmony in a unique style, offering panoramic views, vertical gardens and private yards to create a special cosy atmosphere. City Park will also include underground parking for residents, a fitness club with swimming pool, on-site kindergarten and playgrounds, shops and restaurants along with unique landscaping, fountains and places to rest. Located near the Moscow River and close to one of the best Moscow parks, Krasnaya Presnya, and the Krasnopresnenskie ponds, the complex is within walking distance of a range of attractions including the White House, the Expo centre, the skyscrapers of Moscow City, the Afimall shopping centre, Moscow Zoo, cinemas and the best Moscow restaurants.

(Barcelona metropolitan area), Spain Offices – Presented by: Barcelona Catalonia Catalan Land Institute/Incasol and the Government of Catalonia are developing this project in Sant Cugat del Valles, one of the most active towns in the metropolitan area of Barcelona. It is also in the consolidated economic hub located along the B-30/AP-7 motorway, which links to southern Europe. Apart from easy access to transport links, the park is located close to Barcelona Autonomous University and Barcelona Tech, both high-level business schools, the Parc de l’Alba technological cluster — the corporate headquarters of various major companies, shopping centres, sports facilities, hospitals and hotels. The new Can Sant Joan Business Center is located southeast of Rubi, near the Business Park.

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BERGS GARD Nacka City, Sweden

Urban development – Presented by: Nacka Municipality

Bergs Gard is located on the coast between Nacka beach and the Nyckelviken nature reserve, on a dramatic rise in the eastern part of Nacka City, close to the future Metro station. The municipality wants to create an urban environment with 2,000 new homes, and space for retail and pre-schools within the strategic site at Bergs. The site is unique in several ways, notably due to its scenic location, and proximity to Stockholm city as well as to the natural environment, water and services. As the site is developed its potential will be realised and links will be created with other areas. It will be a pleasant neighbourhood integrated with Nacka City. Before the project can commence, the Bergs oil port will be decommissioned. Around 160,000 sq m of housing is planned which will accommodate approximately 4,500 people.

VARTAHAMNEN - STOCKHOLM ROYAL SEAPORT Stockholm, Sweden

Urban development– Presented by: City of Stockholm As part of the Stockholm Royal Seaport, Vartahamnen will be developed into a neighbourhood with mixed functions such as offices, housing, commerce and services. Existing ferry and cruise operations will be preserved. There will be an estimated 2,400 residential units and approximately 10,000 new workplaces. In all, Stockholm Royal Seaport is one of the largest urban development projects in Europe and will provide at least 12,000 new homes and 35,000 workplaces. Planning work started in the early 2000s and the new city district will be fully developed around 2030. The area runs along Sweden’s Baltic coastline, adjacent to the Royal National City Park and a 10-minute cycle ride from central Stockholm. The project will transform the industrial area around the former gasworks into an urban district that interacts with port operations and existing residential areas.

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AL MARJAN ISLAND Ras Al Khaimah, United Arab Emirates

ESAS 01 BURDA MALL Adana, Turkey

Al Marjan Island is an iconic tourist and mixed-use development in the Emirate of Ras Al Khaimah. It extends into the Arabian Gulf by about 4.5 km and has a land area of 2.7 million sq m. The intention of the development is to create a destination. The freehold project is expected to generate high investment returns. The project’s freehold status will allow international investors to operate independently in what is a low tax environment with zero corporate and income tax and the ability to repatriate profits.

Esas Properties’ new investment Esas 01 Burda, a shopping mall located in Adana, Turkey, has a 15,000‑sq m shopping area, 4,500‑sq m of cafes and restaurants, a 2,200 sq m entertainment centre and a 2,300 sq m, 10-theatre cinema complex. With its total 60,000 sq m and parking for 2,500 cars, Esas 01 Burda will attract tourists as well as local people. The project is convenient for public transport with access to the airport, bus and train stations. A catchment of three million people can reach the mall within 40 minutes. The estimated cost of the project is $150m (€122.5m).

Mixed-use – Presented by: Al Marjan Island

Retail & Leisure – Presented by: Esas Properties

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