from EIFFAGE (EPA:FGR)
Eiffage signs a real estate development contract with the Hérault ICC for the future Cambacérès campus in Montpellier
Vélizy-Villacoublay, 30 October 2023
06:05 pm
Press release
Eiffage signs a real estate development contract with the Hérault ICC for the future Cambacérès campus in Montpellier
Eiffage, through Eiffage Immobilier (a subsidiary of Eiffage Construction) signed a real estate development contract with the Hérault ICC for creation of the future campus in the Cambacérès ZAC (joint development zone) in Montpellier, on 20 October 2023. This real estate development project represents an investment of €100 million.
The new complex will include three ground floor and seven-storey buildings and two basement levels. With total floor space of 30,000 m2, it will house the Montpellier Business School (22,000 m2), Hérault ICC headquarters (2,000 m2), the regional chamber of the Occitanie ICC (2,000 m2), and the Purple Campus Montpellier training centre and regional headquarters (4,000 m2).
The project has received the Silver BDO (Occitanie sustainable building) Label last July, which takes into account more than 300 sustainable development criteria like the requirement of 15% of materials to be obtained from the circular economy or biosourced, the use of low-carbon concrete, and campus-wide optimisation of energy efficiency.
Eiffage Construction will commence building works in early 2024, mobilising three cranes and more than 100 personnel. Handover is expected in autumn 2026.
About Eiffage Eiffage is one of Europe’s leading construction and concessions companies. The Group’s activities are organised around the following business lines: construction, real estate and urban development, civil engineering, metal, roads, energy and concessions. Thanks to the experience of more than 76,300 employees, Eiffage generated revenue of €20.3 billion in 2022, of which 30% was outside France.
About Eiffage Immobilier
Eiffage Immobilier, the construction and development subsidiary of Eiffage Construction, is a major player in the real-estate market with a broad portfolio throughout France oriented to meeting the challenges of new uses and the sustainable city. Eiffage Immobilier is also highly active in the development of low-carbon solutions in a range of areas: low-carbon design and materials, renewable energies and energy performance, quality of life, and ecomobility. Eiffage Immobilier generated revenue of €1,095 million in 2022.
Press contact
Marguerite Richebé Tel: +33 1 71 59 51 02 marguerite.richebe@eiffage.com