ALTAREA's strategy is to acquire shopping centre assets principally consisting of assets designed, built and managed by the Group.

ALTAREA has opened 9 shopping centres throughout France, representing nearly 146,000m² GLA.
Year Centres m² GLA
1999 Espace Coty - Le Havre 27 000
2000 Bercy Village - Paris 20 900
2002 Espace Jaurès - Brest 12 800
2002 Espace Grand'Rue - Roubaix 13 400
2002 Côté Seine - Argenteuil 14 600
2002 Boutiques Gare du Nord - Paris 3 800
2002 XIVe Avenue – Herblay (y compris Alinéa) 27 000
2002 Espace d'Erlon – Reims (Extension Monoprix) 7 100
2002 Les Tanneurs – Lille (Hors Galerie Grand’ Place)* 17 400
  TOTAL 146 000
* the Lille Les Tanneurs centre is wholly-owned and the Galerie Grand'Place is 59% owned.
Of these 9 completed shopping centres, two have been sold: the Espace Coty in Le Havre and Côté Seine in Argenteuil. The other centres now form part of ALTAREA's assets.

On the date of publication of this web page, ALTAREA's assets comprise 15 shopping centres or shopping galleries.
Centre Type Opening/ Renovation Lead store/entity Shopping area (GLA) No. of shops Group % Share of area
Brest - Espace Jaurès
 TC 2002 (O) FNAC GO SPORT H&M 12 800 33 100% 12 800
Reims - Espace d'Erlon TC 2002 (Re) MONOPRIX FNAC 7 100 30 100% 7 100
Roubaix - Espace Grand'Rue
 TC 2002 (O) GEANT 13 400 24 32,5% 4 400
Lille Les Tanneurs & Grand'Place TC 2004 (Re) FNAC MONOPRIX C&A 25 600 80 90% 22 200
Paris - Bercy Village TC 2001 (O) UGC CINE CITE 22 900 30 85% 19 400
Paris - Les Boutiques Gare du Nord TC 2002 (O) MONOPRIX 3 800 36 40% 1 500
Amiens - Les Halles du Beffroi TC 1994 (O) CHAMPION LA GRANDE RECRE 6 700 19 100% 6 700
Sub-total       92 300     74 100
Bordeaux - Grand'Tour Per 2004 (Re) LECLERC 11 200 53 100% 11 200
Nantes - Espace Océan Per 1998 (Re) AUCHAN 11 200 50 100% 11 200
Massy – X% Per 1986 (O) LA HALLE 18 200 50 83% 15 000
Montgereon - Valdoly Per 1984 (O) AUCHAN 5 600 43 100% 5 600
Sub-total       46 100     43 000
Herblay - XIVe Avenue RP 2002 (O) ALINEA 14 200 7 100% 14 200
Bordeaux - Grand'Tour 2 RP 2002 (O) TENDANCES 7 200 5 100% 7 200
Plaisir RP 2002 (O)   5 700 3 100% 5 700
Autres       1 000     1000
Sub-total       28 100     28 100
Sub-total France       166 500     145 200
Italie
Rome
Casetta Mattei Center
 CV 2005 (O)   15 600
 50   14 800
TOTAL       182 100     160 000
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ALTAREA ITALIA was formed in 2001 in Milan, and in 2005 opened its first shopping centre in Rome: Casetta Mattei Center.

ALTAREA ITALIA has expanded by creating partnerships with local companies in a market with two main characteristics: a developed country geographically and culturally close to France, where the number of square metres of shopping centres per inhabitant is below that in France. In 2009, ALTAREA ITALIA will open the urban leisure centre Ponte Parodi, in the port of Genoa.


 
 
ALTAREA is involved in residential development in the Ile-de-France region and in the south of France (Bouches-du-Rhône, Var and Alpes-Maritimes). These projects consist of the purchase of land and the construction and sale of residential units. It is not ALTAREA's policy to retain residential units among its assets.
>> Find out more about residential property
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