The whole programme covers a total floor area of 70,000 sq.m including 35,000 sq.m of residential and retail.
Icade Commercial Property Investment will keep the assets in its portfolio. Icade Promotion will carry out as well, in the long run, the residential part of the programme.
This site intended to be a new innovative and responsible district is excellently located next to a metro station, which is only a few stations away from the Matabiau high-speed train station and from the city center of Toulouse.
The operation is subject to satisfaction of customary conditions precedent including the obtaining of administrative authorizations to construct.
This important project, which brings together the Property Development and Commercial Property Investment divisions on office, residential and retail developments, in a major French city, is a living example of the synergies that can be leveraged between Icade's different divisions.
This complementarity between the Commercial Property Investment and Property Development divisions is one of the main axes of Icade’s strategic plan.
