ADP // 2021 Universal Registration Document

PRESENTAT I ON OF THE GROUP

GROUP ACTIVITIES

with the International Air and Space Show (SIAE), the current occupant, to extend the lease agreement of the site for a period of 30 years from 2025. This agreement was made possible by obtaining the Olympic and Paralympic Games in 2024 and by hosting the media centre at Hall 3, which will be demolished and rebuilt for the event. A technical feasibility study for the development of the land reserve located on the northwest side of Paris-Le Bourget airport in the municipality of Bonneuil-en-France (approximately 15 hectares) was carried out in 2017 (creation of a business park). Half of it will be used for real estate diversification projects, and the other half will be dedicated to the airport’s aviation business. Groupe ADP, as planner for the land, co-investor and co operator, and André Chenue SA (a subsidiary of Horus Finance), as co-investor and co-operator, signed a construction lease, a property development contract with GSE, and an off-plan lease commitment in 2019 for setting up an art conservation centre covering a surface area of 24,800 m 2 located in the eastern part of the Paris-Le Bourget airport. The building was delivered in March 2020. As the developer of the Airport City, Groupe ADP thus enhances its land reserves and confirms its major involvement in the development of the Paris region’s airport system, a creator of wealth and jobs for the region. In addition, development feasibility studies were carried out between 2015 and 2017 on the general aviation airfields of Saint Cyr-l’École and Lognes. These made it possible to propose a programme for these sites. A nine-hectare mixed activities/ housing (300 dwellings) district will be developed in St. Cyr. In order to accelerate project implementation, Groupe ADP sold three hectares planned for housing to a developer in 2019 for the development of new housing. A 25-hectare business district will be built in Lognes, after modification of the aviation easements. An initial development phase, consisting of the planning and development of a 16,365 m 2 park for small businesses will be accommodate SMEs/SMIs on three hectares of immediately available land. The operation is of a reasonable size and can easily be phased in depending on marketing conditions, i.e. a total of six activity buildings of approximately 2,700 m 2 each. The delivery of a first phase of four buildings is scheduled for 2023 and the second phase one year later.

The delivery of the Roméo programme in 2018, fully invested by Groupe ADP, located at the heart of Paris-Orly airport in the cargo area provides 22,000 m 2 , including 17,500 m 2 of warehouses and stores and 4,500m 2 of office space, as well as 224 parking spaces, and strengthens the offering in business premises. The cargo area is divided into nine modules and has a direct connection to the airside areas via a corridor. A cross-dock with lorry docks on the landside and direct street-level access will provide access to the airside area. The park was 89% leased at the end of 2021. In the Tivano park in the southeast corner of the Paris-Orly airport, the commissioning of a cold-chain logistics building (10,800 m 2 ) for the Auchan group in 2017 and the opening of an industrial and storage building (12,500 m 2 ) for Bio c’ Bon (commissioned in 2019) confirmed the strong demand from the agri-food sector. These projects will be complemented by the availability of the land currently earmarked for new business parks and retail activities for the general public. Retail space for the “Grand Frais” brand (2,000 m 2 ) also opened in the Tivano park, bringing an additional service to local residents living near the airport in the Athis-Mons municipality. An environmental authorisation application was filed in 2020 for the construction of an artisanal and industrial park with a surface area of 32,000 m 2 in Athis-Mons, south of the Orly platform. The public inquiry relating to the project took place in the summer of 2021, and the process of issuing the environmental authorisation order is coming to an end and should be completed in the first weeks of 2022. As soon as the authorisation is obtained, the Real Estate Department is expected to undertake studies for the construction of the park, in which ADP will be an investor, by 2023-2024. This portfolio will make it possible to provide companies in the region with a new rental offering for companies seeking to grow. 1.1.4.7 Real estate activities on the Paris-Le Bourget platform Groupe ADP has significant areas available for development to the south of Paris-Le Bourget airport. In the southern sector of the airport, Groupe ADP, which owns 46 hectares of the Paris-Le Bourget exhibition park, reached an agreement in December 2016

1

73

AÉROPORTS DE PAR I S / UN I VERSAL REG I STRAT I ON DOCUMENT 202 1

Made with FlippingBook - Online Brochure Maker