redevco signs up top food anchor monoprix for its project in … · redevco signs up top food...

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PRESS RELEASE Bordeaux, 18 April 2012 | Page 1/2 Redevco signs up top food Anchor Monoprix for its project in Bordeaux: PROMENADE SAINTE- CATHERINE “ On 27 March, Redevco France signed a 12-year lease with the food chain Monoprix for approx.1,200 sq. m. location at the heart of the open-air "Promenade Sainte-Catherine" commercial development. This mixed development will include 19,000 sq. m. of commercial space as well as 9,000 sq. m. of residential properties in the historic centre of Bordeaux. Completion of the project is planned for April 2015. The signing of the lease with the food driver for the scheme sets the seal on plans for a MONOPstore, a hyper-local urban concept that will also include a catering facility opening onto a pavement terrace facing the planned square in the "Promenade Sainte-Catherine" project. The "Promenade Sainte-Catherine" is located at the junction of rue Sainte-Catherine and rue Porte Dijeaux. It is part of a major urban regeneration scheme covering 30,000 sq. m. that aims to reinvigorate the heart of the city. "We are very happy to see a chain as dynamic and innovative as Monoprix acting as the food driver for the Promenade Sainte-Catherine and to provide a complementary commercial facility for the city centre, helping the people of Bordeaux in their everyday lives", says Thierry Cahierre, Country Manager Redevco France To improve energy efficiency and to promote green design, Promenade Sainte-Catherine, designed by Valode & Pistre Architects, is being developed to BREEAM standards. Redevco is aiming to achieve a BREEAM ‘Very good’ certificate. Redevco France was advised by RCG (Retail Consulting Group) on the commercial side of the venture.

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Page 1: Redevco signs up top food Anchor Monoprix for its project in … · Redevco signs up top food Anchor Monoprix for its project in Bordeaux: PROMENADE SAINTE- CATHERINE “ On 27 March,

PRESS RELEASE

Bordeaux, 18 April 2012 | Page 1/2

Redevco signs up top food Anchor Monoprix for its project in Bordeaux: PROMENADE SAINTE- CATHERINE “

On 27 March, Redevco France signed a 12-year lease with the food chain Monoprix for approx.1,200 sq. m. location at the heart of the open-air "Promenade Sainte-Catherine" commercial development. This mixed development will include 19,000 sq. m. of commercial space as well as 9,000 sq. m. of residential properties in the historic centre of Bordeaux.Completion of the project is planned for April 2015.

The signing of the lease with the food driver for the scheme sets the seal on plans for a MONOP’ store, a hyper-local urban concept that will also include a catering facility opening onto a pavement terrace facing the planned square in the "Promenade Sainte-Catherine" project. The "Promenade Sainte-Catherine" is located at the junction of rue Sainte-Catherine and rue Porte Dijeaux. It is part of a major urban regeneration scheme covering 30,000 sq. m. that aims to reinvigorate the heart of the city.

"We are very happy to see a chain as dynamic and innovative as Monoprix acting as the food driver for the Promenade Sainte-Catherine and to provide a complementary commercial facility for the city centre, helping the people of Bordeaux in their everyday lives", says Thierry Cahierre, Country Manager Redevco France To improve energy efficiency and to promote green design, Promenade Sainte-Catherine, designed by Valode & Pistre Architects, is being developed to BREEAM standards. Redevco is aiming to achieve a BREEAM ‘Very good’ certificate. Redevco France was advised by RCG (Retail Consulting Group) on the commercial side of the venture.

Page 2: Redevco signs up top food Anchor Monoprix for its project in … · Redevco signs up top food Anchor Monoprix for its project in Bordeaux: PROMENADE SAINTE- CATHERINE “ On 27 March,

PRESS RELEASE

Bordeaux, 18 April 2012 | Page 2/2

ABOUT REDEVCO: Redevco is an independent real estate company, managing and developing one of the largest retail portfolios in Europe, currently valued at 7.4 billion euros. The core of the portfolio comprises around 700 properties, most of them in top locations in major cities. Redevco focuses on prime retail in good locations offering high growth potential. Redevco is owned by COFRA Holding AG, a Swiss-based holding company. For further information please contact: Lisette van der Ham Head of PR & Corporate Communications Redevco B.V. Wibautstraat 224 1097 DN Amsterdam, The Netherlands Tel.: +31 20 599 6262 Fax: +31 20 599 6263 Email: [email protected] Website: www.redevco.com

Press Agence Redevco France Treize Cent Treize

Tél : +33 (0)1 53 17 97 13

Marie-Hélène Needham –[email protected] Alain N’Dong [email protected]