◆ improving the active front line (the area containing the warehouses that are closest to the aircraft, at the border between airside and landside) by investing in new cargo courrier services, ◆ Groupe ADP’s continued development of investments in new leading assets dedicated to cargo operators, with the completion of studies prior to the launch of a new 22,000 sq.m. cargo courrier service in 2018 connected to the runways and already pre-marketed at 70% as of 31 December 2017, ◆ renovation and increased density of Cargo City and optimisation of the operating processes, including by securing access to Cargo City and setting up new services for our customers. Services The strategy for developing real estate services is based around these key projects: ◆ the development of the Airport City in the Roissypole business district, the first in the world, which now includes around 247,000 sq.m. of offices and 2,796 hotel rooms. This district, which is connected to the various Paris-Charles de Gaulle terminals, primarily consists of offices: the Continental Square complex with a surface area of 50,000 sq.m., the Altai Building measuring 13,250 sq.m., the entire property complex of the Dôme with the acquisition of four additional buildings at end 2017 totaling 18,560 sq.m., and the complex comprising the new head office of Aéroports de Paris totaling 12,000 sq.m. and the “ Maison de l’environnement ” totaling 5,200 sq.m., the delivery of which took place in March 2017 and in the near future, the Baïkal building totaling 12,900 sq.m. (2018); ◆ the opening of a Holiday Inn Express (305 rooms) in January 2018 in the Roissypole Ouest area of Paris-Charles de Gaulle airport or even the launch of Moxy, the 292 room 3 star hotel project (delivery in 2019) will make it possible to diversify and improve the quality of the hotel offering at the airport by enhancing the range through the establishment of groups with innovative concepts. Finally, in early 2017, construction began on a 267 room 4 star hotel under the brand Inside by Melia (delivery in the first quarter of 2019) established in the western area of the Roissypole business district, at the heart of Paris-Charles de Gaulle airport and in the immediate vicinity of its terminals. In accordance with its new real estate goals, Groupe ADP, designer of airport cities, is for the first time an investor in a hotel project in a public area, in addition to being a developer. Thus, with 864 additional rooms created in Roissypole Ouest, the accommodation capacity of the airport will increase from over 2,800 rooms in 2017 to over 3,700 rooms by 2019; ◆ Aéroville, developed by Unibail-Rodamco, is a retail and services centre covering 110,000 sq.m. over 12 hectares delivered in 2013. Aimed primarily at airport employees and local residents, this shopping centre offers an Auchan hypermarket with a Drive, a 12-screen multiplex cinema, 28 restaurants, 200 shops and 4,000 parking spaces; ◆ Groupe ADP is continuing the development of a premium branded automotive village with a 2,150 sq.m. Volkswagen car dealership on an 8,700 sq.m. plot (delivery in autumn 2019) in the immediate vicinity of the Aéroville shopping center and the future Audi showroom (delivery in 2018). This facility proves the Group’s capacity to attract new players to the Paris-Charles de Gaulle airport and confirm the diversification of the service offer made to airport passengers and employees, the development of which should extend over the next few years to continue to increase the appeal of Paris-Charles de Gaulle airport. Real estate activity at the Paris-Orly airport Paris-Orly airport’s goal is to become a major business hub at the heart of the largest economic cluster in the southern Paris region, based on the Airport City development strategy.

The Paris-Orly airport is also developing a full range of diversified assets on all its land reserves for service activities and for logistics and courrier businesses, with excellent road access and proximity to the agri-food cluster at the Rungis national wholesale food market. The Paris-Orly platform is served by public transport (Orlyval-RER B, RER C and the T7 tramway), which will be supplemented by two new Grand Paris Express lines (lines 18 and 14) by 2024. The project to extend the T7 tramway line to Juvisy is currently being studied. As part of the South interconnection project for high speed lines, a TGV station could also be created in the longer term. The airport also has abundant free land, inherited from the history of the airport and land to be recovered at the rate of the industrial reconversion of the former airport areas within the airport or on its fringes. A precursor to the airport city, the first to move in will be a hotel centre of 35,000 sq.m., which was completed in 2016-2017, developed by the Accor Group including a Novotel, an Ibis Budget and an extension to the existing Ibis (410 additional rooms in all). The commencement of the refurbishment of the Mercure Hotel and the building of a new Ibis Styles in the Orlytech district (200 rooms) planned for delivery in 2019, will meet the need for hotel development around the Paris-Orly airport. Groupe ADP is also a 50% co-investor in the Cœur d’Orly office and retail project, alongside the Altarea/Foncière des Régions group. Designed by architect Jean-Michel Wilmotte, the first office building, Askia (19,500 sq.m.), was delivered in 2015. It meets the NF-Bâtiments tertiaires HQE®, BBC-effinergie® and BREEAM® energy efficiency standards. It is connected to the existing geothermal network used by the airport. Following the commercialisation of Askia, the launch of a second office building in Cœur d’Orly, the Belaïa (22,000 sq.m.) is planned for early 2018 with an estimated delivery at the end of 2019. The Cœur d’Orly gateway, commissioned in summer 2017, links the South terminal of the Paris-Orly airport to the Cœur d’Orly business district. It also links with the future airport station, which should accommodate the Grand Paris subway lines 14 and 18 in 2024. To support traffic growth at Paris-Orly airport, a substantial development strategy involving the diversification of hotel capacity across all platforms will almost double the current hotel offering at Paris-Orly by 2025. Local shops may also be opened in proximity to the platforms. The complete delivery of the Roméo programme in 2018, fully invested by Groupe ADPs, located at the heart of Paris-Orly airport in the cargo area will offer 22,000 sq.m. of floor area including 17,500 sq.m. of warehouses and stores and 4,500 sq.m. of office space, as well as 224 parking spaces. The cargo area is divided into nine modules and will have a direct connection to the airside areas via a corridor which remains to be built. A cross-dock with lorry docks on the landside and direct street-level access will provide access to the airside area. For the Tivano park in the southeast corner of the Paris-Orly airport, the commissioning of a cold-chain logistics building (10,800 sq.m.) for the Auchan group in 2018 and the launch of an industrial building and storage (12,500 sq.m.) for BioC’Bon (commissioned in 2018) confirm the strong demand from the agri-food sector. These projects will be complemented with the availability of the land currently earmarked for retail activities for the general public. In addition to the development operations, a major operation to redesign the Orlytech office park was launched in 2013. This project consists of remodelling 19 buildings with a total surface area of 28,600 sq.m. built in the 1990s so that they meet the highest market standards. At the end of 2017, four buildings were fully renovated and two additional buildings will be for delivery in 2018. This project is accompanied by the qualitative redesign of the buildings’ surroundings (repair of public roads and street lighting, urban development, fencing, vehicle charging stations, etc.) and planning for the development of this services zone in the medium-term.




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