Embed Size (px)
Citation preview
0 1
P R O F I L E 02
P E R FO R M A N C E0 4
M E S S AG E F R O M J E A N L AU R E N T0 6
I N T E R V I E W W I T H C H R I S TO P H E KU L L M A N N
0 8
M A N I F E S TO12
N E W S O LU T I O N S BY FO N C I È R E D E S R É G I O N S
2 0
N E W T I M E S , N E W U S E S3 0
I N N OVAT I O N S D E S I G N E D A N D T E S T E D I N - H O U S E
4 0
0 2
P R O F I L E
BN
OF PORTFOLIO
WITH €19 BILLION OF PORTFOLIO LOCATED PRINCIPALLY IN PARIS, BERLIN
AND MILAN, FONCIÈRE DES RÉGIONS IS A LEADING REAL ESTATE COMPANY,
THE 4TH-LARGEST IN EUROPE. ITS EXPERTISE AT EVERY
LINK IN THE REAL ESTATE CHAIN MAKES IT POSSIBLE TO OFFER SQUARE
METRES OF SPACE THAT EUROPEANS WANTS TO WORK IN, TRAVEL TO AND
LIVE IN. FONCIÈRE DES RÉGIONS IS THE REFERENCE EUROPEAN REAL
ESTATE PLAYER.
0 3
€ 2 BN
INVESTED IN 2016, WITH THE EMPHASIS ON PARIS,
BERLIN AND MIL AN
119,000 M2
OF NEW OFFICE LEASES SIGNED
IN FRANCE AND ITALY
€ 4BN
AN EXPANDING REAL ESTATE PORTFOLIO
96,7 %
OCCUPANCY RATE
€ 893 M€
IN RENTAL INCOME
7.2 YEARS
FIRM RESIDUAL LEASE TERM
REAL ESTATE THAT PEOPLE PREFER
A EUROPEAN REAL ESTATE PORTFOLIO
21 %OFFICES IN ITALY
21 %GERMAN RESIDENTIAL
23 %HOTELS IN EUROPE
3 %NON-STRATEGIC
32 %OFFICES
IN FRANCE
0 4
P E R F O R M A N C E
FINANCIAL PERFORMANCE
PERFORMANCE IN 2016 RECORDS
With €2 billion of investments and €1.6 billion of disposals, the accelerated rotation of the Foncière des Régions portfolio strengthens our position in the major European cities. Our debt profile has improved further, and the success
of our first €500 million green bond issue shows how well our ambitious CSR strategy is paying off. The strong growth in our financial results and the
successful recent capital increase of €400 million further strengthen our ambition to establish Foncière des Régions as the leading integrated operator in
Europe, and the preferred real estate company for all its stakeholders.
2016 DIVIDEND*
€ 4.40 PER SHARE
EPRA NAV
€ 86.8 PER SHARE
A TOTAL OF €6 BILLION
RECURRING NET INCOME
€ 356 M
€5.27 PER SHARE
LOAN TO VALUE (LT V)
44.6 %
* PUT TO THE VOTE AT THE GENERAL MEE TING OF 26 APRIL 2017
0 5
EXTRA-FINANCIAL PERFORMANCE
*OFFICES IN FRANCE
AWARD FOR BEST COMMUNICATION
ON PROGRESS AWARDED BY THE GLOBAL COMPACT FRANCE
(IN THE CATEGORY “COMPANIES WITH FEWER THAN 500 EMPLOYEES”)
65 %
OF GREEN OFFICES*
16 %
REDUCTION IN CARBON EMISSIONS BET WEEN
2008 AND 2016*
28 %
REDUCTION IN ENERGY CONSUMPTION BET WEEN
2008 AND 2016*
60 %
OF THE BOARD OF DIRECTORS ARE INDEPENDENTS
40 %
OF THE BOARD OF DIRECTORS ARE WOMEN
0 6
J E A N L AU R E N TChairman of the Board
The wind of change is shaking up our long-time profession of real estate. We now know that tomorrow's buildings will be connected, virtuous and packed with services, and will openly embrace the city. The revolution in building uses that all of us are now seeing means that we must reach out directly to the people who use our offices, hotels and homes.
In 2016, the Board of Directors focused particular attention on the basic drivers of this fundamental shift. With our support, the Foncière des Régions management teams have accelerated the process of integrating every skill in the real estate value chain in all our operating locations: Italy has now integrated property management, Germany has integrated residential development, hospitality is bringing property ownership together with hotel operation and France is launching its own coworking business. We have further asserted our European identity by establishing a base in Spain and strengthening our presence in Germany. All of these exciting challenges are requiring everyone to think outside the box, and are broadening the perspective of Foncière des Régions teams around Europe.
M E S S A G E
A L L O F T H E S E E X C I T I N G C H A L L E N G E S A R E R E Q U I R I N G E V E R Y O N E T O T H I N K O U T S I D E
T H E B O X , A N D A R E B R O A D E N I N G T H E P E R S P E C T I V E O F
F O N C I È R E D E S R É G I O N S T E A M S A R O U N D E U R O P E .
The Board of Directors is also continuing to apply its dynamic ap-proach to governance. It has further expanded its palette of skills by welcoming two new women as directors, and has therefore achieved the legal requirement of 40% representation a year before the dead-line set by the French government. I am convinced that the diversity of genders, nationalities and skills now represented by our Board of Directors will contribute new thinking to Foncière des Régions in its current transformation and strategic vision.
FACILITATING THE TRANSFORMATION
0 7
BOARD OF DIRECTORS
JEAN LAURENTCHAIRMAN OF THE BOARDINDEPENDENT DIRECTOR
CATHERINE ALLONAS-BARTHE PERMANENT REPRESENTATIVE OF ACM VIE
ERIC LÉCUYER PERMANENT REPRESENTATIVE OF COVEA COOPERATIONS
SIGRID DUHAMEL INDEPENDENT DIRECTOR
SERGIO EREDE CENSOR
BERTRAND DE FEYDEAU INDEPENDENT DIRECTOR
PATRICIA SAVININDEPENDENT DIRECTOR
SYLVIE OUZIEL INDEPENDENT DIRECTOR
CATHERINE SOUBIEINDEPENDENT DIRECTOR
CHRISTOPHE KULLMANNDIRECTOR
JÉRÔME GRIVET PERMANENT REPRESENTATIVE OF PREDICA
JEAN-LUC BIAMONTI INDEPENDENT DIRECTOR
LEONARDO DEL VECCHIO VICE-CHAIRMAN OF THE BOARD
DELPHINE BENCHETRIT INDEPENDENT DIRECTOR
ROMOLO BARDINDIRECTOR
PIERRE VAQUIER INDEPENDENT DIRECTOR
The Board of Directors sets the strategic guidelines for Foncière des Régions and supervises their implementation. It has fifteen individual and corporate members, and one non-voting member.
0 8
C H R I S TO P H E K U L L M A N NChief Executive Officer
0 9
I N T E R V I E W
2016 was a record year in terms of real estate and financial performance. We are able to repor t s t r o n g f i g u r e s . W e invested more than €2 billion, the majority of which was focused on Paris, Berlin and Milan.
At the same time, we disposed of €1.6 billion of non-strategic assets. The net outcome has been to improve the qualit y of our portfolio, which is now structured around our four strategic business sectors of Offices in France and Italy, Hotels in Europe and Residential in Germany, and focused it on the most dynamic cities in Europe.
Cities are diverse places, and the uses they make o f r e a l e s t a t e a r e equally diverse. Thanks to our exper tise and local presence, we are
well placed to work alongside our partners, and especially local authorities, in envisioning and building new urban models in which the separate functions are closely connected with the aim of responding effectively to new lifestyles on the way we work, live and consume goods and services in today's world. One thing is very clear: synergies between different types of use are becoming stronger all the time.
In all our business sectors, we apply the same ambitious approach to improving the quality of our portfolio and renewing our real estate offering and improving the experience for those who use our offices, hotels and homes. It's a distinctive feature and an important strength that we believe firmly in for the long term.
W E N O W N E E D T O R E A C H O U T T O U S E R S
T H E M S E L V E S , T H I N K I N T E R M S O F U S E S R A T H E R
T H A N S Q U A R E M E T R E S , A N D P U S H I N N O V A T I O N
F O R W A R D .
IN 2016, THE FONCIÈRE DES RÉGIONS PORTFOLIO BROKE THROUGH THE €19 BILLION BARRIER. AN EXCELLENT YEAR…
OFFICES, HOTELS, RESIDENTIAL REAL ESTATE... WHAT IS THE SYNERGY BETWEEN THOSE BUSINESS?
1 0
I N T E R V I E W
F O N C I È R E D E S R É G I O N S I S W E L L P R E P A R E D
T O C O N T I N U E T O G R O W A N D
C O N S O L I D A T E I T S P O S I T I O N A S E U R O P E ' S
P R E F E R R E D R E A L E S T A T E C O M P A N Y .
FONCIÈRE DES RÉGIONS DESCRIBES ITSELF AS AN INTEGRATED OPERATOR. WHAT DOES THAT MEAN?
Foncière des Régions has expert skills at every link in the real estate value chain, from land acquisition to bespoke project deliver y and property management.
We have developed all the in-house skills needed to undertake and successfully deliver complex developments. This allows us to maintain the excellence of our buildings over time, and most importantly, to build close relationships with our partners. We are in an ideal position to support their business transformation and respond effectively to the ever-increasing expectations of new generations of users.
PARIS, BERLIN, MILAN AND NOW MADRID AND BARCELONA... WHY EVERY GREATER CONCENTRATION ON EUROPE?
Foncière des Régions is the fourth-largest real estate company in Europe on the basis of its consolidated portfolio. Europe is where we express our identity. It allows us to embrace trends and anticipate
the needs of users from Paris to Berlin, and from Barcelona to Milan. It encourages us to challenge our own expertise by duplicating best practices across Europe. Europe inspires us: we have, for example, been working with the innovative hotel operators Meininger and Motel One, and are now supporting their expansion into our European strongholds.
Our Europe-wide vision will also help us to drive innovation faster. Whether in France, Germany or Italy, our people share the same ambitions, and we encourage and facilitate employee mobility between countries.
We also intend to make our European reach a key attraction factor for our clients and our teams.
1 1
THE REVOLUTION IN HOW BUILDINGS ARE USED IS CHANGING THE RULES. WHAT IMPACT IS THAT HAVING ON FONCIÈRE DES RÉGIONS?
SO WHAT IS YOUR KEY MESSAGE FOR 2017?
Throughout its history, t h e F o n c i è r e d e s Régions model has been built on partnerships with key account clients to whom we provide the assets, and then become our long-term tenants.This positioning
in the market is now more relevant than ever. But the revolution in how buildings are used is shifting the cursor, so that the focus is now on the end user. We now need to reach out to users themselves, think in terms of uses rather than square metres, and push innovation forward.
That's why we are launching a coworking initiative developed in-house by a dedicated team. It will be rolled out during 2017, beginning with the opening of an initial 2,300 square metre facility in the Calypso building in Marseille. We plan to open between 10 and 20 of coworking spaces in France between now and 2020.
The industry is doing well , and the wider business environment is still encouraging for
investment in real estate. Our shareholders share our strategy and we have their support and trust. Our teams are in place, motivated, highly skilled and ready to innove. Our development pipeline has doubled and now stands at €4 billion worth of projects. We are also opening up new opportunities, and the record site occupancy rate of 96.7% shows that we are making the right choices. Foncière des Régions is well prepared to continue to grow and consolidate its position as Europe's preferred real estate company among users.
1 2
1 3
THE PACE OF CHANGE
IS ACCELERATING The real estate industry is being challenged at a fundamental level, and
must engage in a process of self-analysis. As clients become proactive stakeholders, we must be open to change and engage with it.
To do so, Foncière des Régions is returning to its original startup mindset and is fully committed to transformational change.
1 4
M A N I F E S T O
1 5
THE USAGE REVOLUTION IS ACCELERATING. IT IS FUNDAMENTALLY CHANGING THE WAY
WE WORK, TRAVEL AND LIVE.
WITH OF A EUROPEAN PORTFOLIO VALUED AT €19 BILLION,
FONCIÈRE DES RÉGIONS IS COMMITTED TO EMBRACING THIS REVOLUTION
TO SET THE BENCHMARK FOR LIFESTYLE VALUE CREATION.
BY CONSOLIDATING ITS MODEL OF PARTNERSHIP WITH ITS TENANTS, FONCIÈRE DES RÉGIONS IS PUT TING
END-USERS FIRMLY AT THE HEART OF ITS BUSINESS.
AT THE CUT TING EDGE OF TREND ANALYSIS
AND EXPLORATION, FONCIÈRE DES RÉGIONS IS FULLY ENGAGED WITH THE PROCESS OF INVENTING
OFFICES, HOTELS AND HOMES THAT ARE TAILORED TO THE NEEDS OF THOSE WHO USE THEM,
AND TO IMPROVE THEIR DAILY LIVES AS A RESULT.
M A N I F E S T O
1 6
Because change waits for no one. Change is now permanent and unavoidable. It is therefore our responsibility to think ahead, listen, question and interact with other industry stakeholders and seek out new partners in our quest for innovation.
Foncière des Régions is leading this process of reassessment.
Because co-construction is becoming the rule rather than the exception. Users know what they want, and the effective solutions of today are built on networking. It is therefore our responsibility to convince our clients and involve them in designing the ideal offering.
Foncière des Régions designs its developments with input from its users.
Because the experience is everything. The user experience takes precedence over the product itself, because it should enhance the lives of those who live it. It is our responsibility to offer rich and unforgettable experiences.
Foncière des Régions envisions the experience and writes real estate stories.
1 7
Foncière des Régions is committed...
to inventing the office of tomorrow to reinventing professional lifestyles.
to exploring new ways to travel with a hotel offer that facilitates interaction and diversity.
to working even more closely with its tenants and creating bespoke experiences.
to co-creating major developments alongside local authorities as a contributor to urban regeneration.
ONEPOINT GROUP HEAD OFFICE PARIS
SILEX 2
LYON
THE WESTIN GRAND HOTEL BERLIN
1 8
M A N I F E S T O
12
5
3 4
6
1 9
7
8
9
1 SKILLSReal estate, digital, strategies.
Foncière des Régions is reinforcing its expertise. YVES MARQUE, CHIEF OPERATING OFFICER
2 EXCELLENCE New solutions from
Foncière des Régions built on new processes.
MARJOLAINE ALQUIER DE L’ÉPINE, HEAD OF AUDIT AND INTERNAL CONTROL
3 EUROPEThe Foncière des Régions ambition,
future and mindset. THIERRY BEAUDEMOULIN,
CEO RESIDENTIAL
4 CREATIVITYIt runs right through our business,
our solutions, our partnerships and funding. TUGDUAL MILLET, CHIEF FINANCIAL OFFICER
5 FLEXIBILITY The opportunity to rethink spaces,
working life, our business models and real estate itself.
OLIVIER ESTÈVE, DEPUTY GENERAL MANAGER
6 VALUEof our portfolio, the brand,
value in use and human value. CHRISTOPHE KULLMANN, CHIEF EXECUTIVE OFFICER
7 CULTURE Real estate now reflects the DNA
of the client company.AUDREY CAMUS, DEVELOPMENT DIRECTOR
8 ANTICIPATIONA permanent ongoing process
of matching today's assets to tomorrow's needs.
MARIELLE SEEGMULLER, OPERATIONS DIRECTOR
9 SOCIABILITY We are inventing a hospitality model
that interacts osmotically with the city. DOMINIQUE OZANNE, CEO HOTELS
THE MANAGEMENT TEAM TAKE ON THE NEW REALITY
2 0
2 1
NEW SOLUTIONS BY
FONCIÈRE DES RÉGIONS
Residential development, hotel management, coworking... Foncière des Régions is expanding its palette of skills to reinvent the user experience end-to-end and boost
the performance of its portfolio.
2 2
FONCIÈRE DES RÉGIONS
CULTIVATES WHAT MAKES IT
DISTINCTIVE
N E W S O L U T I O N S B Y F O N C I È R E D E S R É G I O N S
Over the years, Foncière des Régions has expanded its business sectors upstream and downstream of the real estate value chain to become an integrated real estate operator.
Adopting this business model is a strategic choice. It allows us to capture value at every link in the chain and guarantee the excellence of the solutions we offer. Today, two new challenges underline the relevance of this choice and encourage Foncière des Régions to take it to a new level.
The first of these challenges is the need for flexibility. The accelerated transformation of working methods and lifestyles demands that we rethink buildings and financial models. Expertise integration gives Foncière des Régions the responsiveness needed to anticipate and work alongside this trend.
The second is about the future of our portfolio. The buildings of tomorrow will have very little, if anything, in common with those of today. Embedded in them will be collaborative technologies and services that don't even exist yet; they will also be completely green and open to the city to the point of inviting in the urban environment. Creating contemporary, sustainable buildings draws on every area of expertise.
In becoming a global real estate operator, Foncière des Régions succeeds in reconciling the two extremes of real estate: short-term usage and long-term building life.
2 3
ART & CO PARIS
2 4
25BRANDS
17OPERATORS
By adapting to the strategy of its hotel partners, Foncière des Régions has added a new level of richness, not only to its palette of real estate and business solutions, but also to its geographic footprint, with a newly established presence in Spain.
From development to acquisition, in leased and operating properties, the financial model has changed so significantly that Foncière des Régions is now both a hotel and real estate operator. All of which helps to consolidate its status as European market leader.
N E W S O L U T I O N S B Y F O N C I È R E D E S R É G I O N S
AC FORUMBARCELONE
Hospitality...an adaptable model
2 5
€ 1.2 BN
INVESTED IN 2016, WITH THE EMPHASIS ON BERLIN
€ 5.2 BN
HOTEL PORTFOLIO UNDER MANAGEMENT
MEININGERPARIS
By bringing property ownership together with hotel operation, we are
able to support the growth of our hotel partners in France and lead them
as they expand into the wider Europe.
DOMINIQUE OZANNE CEO Hotels
2 6
RESIDENTIAL GERMANY
400STAFF INVOLVED
IN MANAGING OUR GERMAN RESIDENTIAL PORTFOLIO
41,000 HOUSING UNITS
IN GERMANY INC. 13,000 IN BERLIN
GERMANY INTRODUCES RESIDENTIAL DEVELOPMENT After a decade of sustained investment, the size of its portfolio makes Foncière des Régions a key stakeholder in the German residential market. From this position of strength and its portfolio land bank - which is particularly strong in Berlin - the Group is now pursuing organic growth and moving into development, with plans to build more than 1,000 homes over the next three years.
Conquering Europe
Combined with our expertise, the quality
of project locations ensures a secure
base for development going forward.
DANIEL FREYCFO Immeo,
Germany
N E W S O L U T I O N S B Y F O N C I È R E D E S R É G I O N S
2 7
ITALY MOVES INTO PROPERTY MANAGEMENT The Italian market has returned to growth, and the strategy adopted by Foncière des Régions in 2015 is paying off. The portfolio occupancy rate is up by 3 points to 95.5%, and the successful pre-marketing phase of the first Symbiosis scheme building confirms the appeal of this business park south of Milan. The Group believes that the time is right to expand its expertise and build on its client relationships by bringing property management in-house. This move doubles employee numbers in Italy, and positions its teams closer to the product and to users.
1.9MILLION M2
OF OFFICE SPACE
62,000 M2
OF NEW OFFICE LEASES SIGNED IN ITALY
SYMBIOSIS MIL AN
Managing a building inevitably brings us closer to the client, and therefore
better able to anticipate that client's needs.
ALEXEI DAL PASTRO General Manager, Beni Stabili,
Italy
2 8
New locations, new sectors
N E W S O L U T I O N S B Y F O N C I È R E D E S R É G I O N S
2 9
The teams of Foncière des Régions work on every kind of real estate scenario, from construction to demolition/reconstruction and redevelopment, and put their expertise to work at every link in the value chain, from land sourcing to the appointment of architects and site supervision through to hand over and beyond to provide property management and technical management services.
This permanent hands-on style allows us to identify the needs of our client and its users, so that we can provide an innovative response in almost real time. This is the origin behind the idea to create a new area of business for Foncière des Régions: coworking. Spaces open for use by mobile clients, flexible offices rented by the month, project platforms and creative meeting spaces. It may be a completely new way of real estate operation, but the style is still 100% Foncière des Régions and focused on networking and services.
ONEPOINT GROUP HEAD OFFICEPARIS
ART & COPARIS
Retaining control at every stage of its real
estate projects has always been the Foncière des Régions trademark.
OLIVIER ESTÈVE Deputy General Manager
3 0
3 1
NEW TIMES, NEW USES
Whether we are in the office, at home or travelling, and regardless of whether we are in Paris or Berlin, we are no longer consuming square metres of floor space in the same way as we used to. Foncière des Régions has always worked closely with its partners, and is now reaching out to users to understand them better and engage with the stakeholders of this unique transformational shift.
3 2
N E W T I M E S , N E W U S E S
ONEPOINT GROUP, STEEL BUILDING, PARIS 16e
«H EN T H E Y A R R I V E AT O N EP O I N T,
O U R CL I EN T S A R E SU R PR ISED BY T H E COWO R K I N G SPACES D ED I C AT ED
TO A N E W FO R M O F CO L L A B O R AT I O N T H AT B EN EFI T S I N N OVAT I O N
A N D E M PLOY EE WEL L B EI N G . »
3 3
« WI T H T H E PL A N T I N G , T H E CO LO U R A N D T H E G A M ES ... YO U N O LO N G ER FEEL
A S I F YO U ' R E I N T H E O FFI CE; I T ’ S A L MOS T L I K E B EI N G
T H OM E. I T ’ S A N E W WO R K I N G L I FES T Y L E T H AT M A K ES
PEO PL E WA N T TO D O MO R E. »
LINKEDIN, TORRE GARIBALDI, MILAN
3 4
EN OVAT I O N O F O U R A PA RTMEN T B UIL DING IS A HU G E SU CCESS , FR OM T H E USE O F AU T H EN T I C M AT ER I A L S TO T H E L AT ES T I NSU L AT I O N T ECH N O LO G Y...
A N D T H E LO C AT I O N IS I D E A L . »
E L K E K U B I T Z A TENANT IN BERLIN
« T H E
N E W T I M E S , N E W U S E S
3 5
B O R D E AUX EU R AT L A N T I Q U E IS CU R R EN T LYEN G AG ED I N A N AT I O N A L-S C A L E U R B A N
D E V ELO PM EN T S CH E M E T H AT WI L L B E T H E FU T U R E SH OWC A SE FO R T H E
S O U T H O F B O R D E AUX , A N D IS S T R AT EG I C A L LY LO C AT ED ON THE
ARIS-BORDE AUX HIGH-SPEED R AIL L INK. »
S T E P H A N D E FAŸ GENERAL MANAGER OF THE PUBLIC SECTOR DEVELOPMENT AUTHORITY FOR BORDEAUX-EURATLANTIQUE
«
3 6
M A X I M E B A R B I E R, M AT H I E U C A B A N N E S , G U I L L A U M E B A R A Ï B A R, B E R N A R D C A B A N N E S , LU C D E L A M A I N, F R A N Ç O I S G I L L A R D.
SOCIÉTÉ DE CONCEPTION D’ARCHITECTURE ET D’URBANISME (SCAU)
N E W T I M E S , N E W U S E S
« I T ' S O U R R ESP O NSI B I L I T Y A S A R CH I T EC T S TO R E WR I T E T H E R U L EB O O K A N D CR E AT E U N I Q U E XPER I EN CES , CL A S SL ES S S CH O O L S A N D K N O CK D OWN S TA D I UM S! »
3 7
« I N M EI N I N G ER H OT EL S , YO U M EE T T R AV EL L ER S A N D
ESI D EN T S , YO U D IS COV ER N E W T H I N GS , YO U O PEN U P... I T ' S T R AV EL L I N G
I N T H E T R U E SENSE, A N D AT A N I D E A L PR I CE. »
E L I Z A B E TA N I KO L L A MEININGER GUEST
3 8
N E W T I M E S , N E W U S E S
M A R I E L L E S E E G M U L L E ROperations Director, Foncière des Régions
« T H E N AT U R E O F T H E CL I EN T R EL AT I O N S H I P I S CH A N G I N G . W E A R E L E AV I N G T H E FA M I L I A R FR A M E WO R K O F T H E CO N T R AC T UA L R EL AT I O N S H I P A N D T H E
T R A D I T I O N A L PA RT N ER S H I P. W E A R E EN T ER I N G I N TO A M O R E P O R O U S A N D M O R E CR E AT I V E CO L L A B O R AT I V E
R EL AT I O N S H I P. W E H AV E B ECO M E PA RT N ER S I N FACI L I TAT I N G T H E T R A N S FO R M AT I O N O F O U R CL I EN T CO M PA N I ES;
W E A R E B OT H G U I D E A N D C ATA LY S T I N T H AT T R A N S FO R M AT I O N . T H E N AT U R E O F O U R B U S I N ES S I S
CH A N G I N G . R E A L ES TAT E I S N O LO N G ER A R ES O U R CE, B U T A CO R P O R AT E P L A N . I T I S N O LO N G ER O U R M I S S I O N TO
CO O R D I N AT E A CL I EN T R EL AT I O N S H I P, B U T R AT H ER TO S H A R E A CL I EN T-FO CU S ED CU LT U R E TO ES TA B L I S H O U R S ELV ES
A S T H E R EFER R ED R E A L ES TAT E O P ER ATO R. »
3 9
« T HE T R A D I T I O N A L O FFI CE PR O D U C T IS B EIN G IN CR E A SIN G LY CH A L L EN G ED. T HE WO R L D O F WO R K IS FA S T FR AGM EN T IN G, L I G H T WEI G H T S T RU C T U R ES A R E PR O L IFER AT IN G, A ND WO R K IS IN CR E A SIN G LY PR O J EC T-B A SED. COM PA NIES A R E P O O L IN G R ES O U R CES A S O PEN INN OVAT I O N D R I V ES T HE ' L A BS' ND T HE E M ER G EN CE O F S TA RT U P S . G ENER AT I O N Z H A S A R R I V ED WI T H I T S L A ID-B ACK AT T I T U D ES
A ND PER S O N A L L IFE D E M A NDS , B R IN G IN G T HE H OM E IN TO T HE O FFI CE. O NE BY O NE, A L L T HE O L D D I V ISI O NS
A R E FA L L IN G . T HE O FFI CE IS R EIN V EN T IN G I T SEL F. FL E XIB L E A ND L IB ER AT ED, SH A R ED A ND INSPIR AT I O N A L , CO NNEC T ED A ND PACKED WI T H SER V I CES , CO LO U R FU L
A ND J OY FU L ... BY FO N CIÈR E D ES R ÉG I O NS . »
A U D R E Y C A M U S Development Director, Foncière des Régions
4 0
4 1
INNOVATIONS DESIGNED AND TESTED
IN-HOUSE
Real estate is changing. Foncière des Régions is working in “laboratory mode” to drive innovation forward in-house in ways that align
100% with the expectation of its tenants. Our teams have successfully completed many projects resulting in practical solutions. We experiment
and swap ideas with the innovation teams of our key account clients. Our action plan is both assertive and practical.
Foncière des Régions is returning to its original startup mindset.
P H I L I P P E B OY E R, Head of Innovation
I N N O V A T I O N S D E S I G N E D A N D T E S T E D I N - H O U S E
4 2
CO WORKING
Café/Office, project platform, meeting space or innovative event venue, ready-to-use private office or a shared workspace: Foncière des Régions is exploring the needs of its clients and launching a new package of services and flexible workspaces available for on-demand booking located in coworking centres of between 2,000 and 5,000 m2 in its city centre buildings. The result is the availability of new workspaces designed around the needs of mobile clients, and the opportunity for tenants to combine a traditional lease with spaces available for rent by the hour, the week or even the month: maximum flexibility in response to business needs for more space... or less.
PIERRE SEGUIN, Head of Coworking
X2 T H E N U M B E R O F T H I R D
S PA C E S O P E N E D I N F R A N C E O V E R T H E L A S T T H R E E Y E A R S
THAIS LE VALLOIS-PERRE T
4 3
10 TO 20C O W O R K I N G S I T E S T O B E O P E N E D
B Y F O N C I È R E D E S R É G I O N S B E T W E E N N O W A N D 2020
THE FIRSTI N M A R S E I L L E , 2017:
T H E C A LY P S O B U I L D I N G H O S T S A N E W 2,300 M 2 C O W O R K I N G C E N T R E
“FONCIÈRE DES RÉGIONS HAS DESIGNED THIS NETWORK
OF THIRD SPACES IN MAJOR FRENCH CITY CENTRES AS A
DIRECT RESPONSE TO THE NEEDS OF ITS CLIENTS FOR MOBILITY
AND FLEXIBILITY THROUGHOUT FRANCE. ”
Océane Chevalier Coworking Development Project Manager
CALYPSO M ARSEILLE
ONEPOINT GROUP HEAD OFFICEPARIS
4 4
I N N O V A T I O N S D E S I G N E D A N D T E S T E D I N - H O U S E
THE CLIENT RELATIONSHIPUsers are looking for a life experience. So Foncière des Régions is making the transition from client relationship to client experience. We have researched and explored the expectations of our clients at every stage of the leasing journey, and reached the decision that we should lead the way proactively and with forward vision. Responding means being too late. We need to take action and propose solutions before we are asked for them. We provide our clients with the skills of expert teams in every area of real estate as part of anticipating and exceeding their expectations. The quest for innovative, bespoke solutions unique to each client is our priority.
STÉPHANIE LA SALA, Head of Tenant Relations and Property Management
RIVERSIDETOULOUSE
4 5
75P R O P E R T Y M A N A G E M E N T
S TA F F I N I TA LY
7C O M M I T M E N T S
T H AT U N D E R P I N O U R C L I E N T
R E L AT I O N S C H A R T E R
“IT'S OUR JOB TO STRUCTURE THE DYNAMICS OF THE
PARTNERSHIP AT EVERY STAGE OF THE CLIENT JOURNEY,
AND INVOLVE ALL FONCIÈRE DES RÉGIONS EMPLOYEES
IN DOING SO.”
Alexandra BourreauIn charge of the core portfolio
“PROPERTY MANAGEMENT BRINGS US CLOSER
TO USERS, THEIR DAILY LIVES, THEIR NEEDS AND DESIRES: IT LETS US TAKE THE PULSE
OF THE COMPANY. THAT'S WHAT WE EXPERIENCE
EVERY DAY WITH FASTWEB, EVEN BEFORE HANDOVER
OF THE BUILDING. ”
Massimo Moretti Asset Manager, Beni Stabili, Italy
LINKEDINMILAN
FASTWEB SYMBIOSISMILAN
I N N O V A T I O N S D E S I G N E D A N D T E S T E D I N - H O U S E
4 6
THE SERVICES
As the giants of the online world understand very well, Millennials are uncompromising in their demand for quality of life in the workplace. It's all about company attractiveness and employee effectiveness: the service building is the result. The process of exploring the most innovative offerings led Foncière des Régions to the firm belief that making the creative jump would be possible. So we have created a new package of latest-generation services, transformed reception areas and public areas to accommodate them, and designed an app to put them literally into the hands of employees.
CÉLINE LEONARDI, Head of Letting
EDOISSY-LES-MOULINEAUX
4 7
“THE IDEA HERE IS NOT TO AGGREGATE EXISTING
SERVICES, BUT TO CREATE A DYNAMIC ENVIRONMENT
SPECIFIC TO EACH COMPANY, WHICH REFLECTS ITS PLANS,
ITS PERSONALITY AND ITS EXPERTISE.”
Marlène GuesnetCommunication Project Manager
SILEX2
LYON
ASTROLABEMARSEILLE
+80%O F E U R O P E A N E M P L OY E E S
A R E H A P P Y W I T H T H E S E R V I C E S O F F E R E D
B Y T H E I R C O M PA N Y *
* THE SURVE Y “WHAT IF OFFICES WERE TO M AKE WORK AT TRACTIVE AGAIN” CONDUCTED BY OPINIONWAY ON BEHALF OF FONCIERE DES REGIONS
1S I L E X 2 M O B I L E A P P T H AT G I V E S U S E R S C O M F O R T
C O N T R O L O F T H E I R W O R K S PA C E V I A A S M A R T P H O N E O R TA B L E T,
A N D P R O V I D E S A C C E S S T O A L L B U I L D I N G S E R V I C E S
CAMPUS PIERRE BERGERVÉLIZY-VILLACOUBLAY
4 8
I N N O V A T I O N S D E S I G N E D A N D T E S T E D I N - H O U S E
THE BUILDING OF TOMORROW
At the crossroads between trends in technology, environmental regulations and the new uses of occupants, the building of tomorrow is a complex equation to solve. Foncière des Régions sums up the challenge into apparently contradictory words: sustainable and flexible. Capable of adapting to all uses or mutating from office-based to hotel, the building of tomorrow will be environmentally efficient, thanks to energy from renewable sources and urban agriculture. Connected and open to the city, it will be packed with services and open its meeting spaces and car parks to the community.
JACQUES LEGRAND, Real Estate Engineering Director
EDOISSY-LES-MOULINE AUX
4 9
“CONNECTED AND ENVIRONMENTALLY EFFICIENT,
THE BUILDING OF TOMORROW WILL ALSO BE SERVICE-FOCUSED,
FLEXIBLE AND OPEN TO THE CITY AND ITS LIFE. AS A HUB FOR CONNECTION
AND CREATIVITY, IT WILL BE A POWERFUL LEVER FOR PROMOTING
CULTURE, BIODIVERSITY AND THE CIRCULAR ECONOMY.”
Jean-Éric FournierSustainable Development Director
“GERMANY IS LEADING THE WAY IN TERMS OF
TOMORROW'S BUILDINGS. IT IS ACTING AHEAD OF
REGULATION, IS CONTINUALLY IMPROVING BUILDING
ENERGY EFFICIENCY AND ENHANCING THEIR VALUE IN USE FOR THEIR OCCUPANTS.”
Rainer LangenhorstTechnical Director, Immeo,
Germany
CARRÉ SUFFRENPARIS
SILEX2
LYON
100%G R E E N B U I L D I N G S
I N 2020*
*OFFICES IN FRANCE
I N N O V A T I O N S D E S I G N E D A N D T E S T E D I N - H O U S E
5 0
OPENNESSHuman capital is central to the ambitions of Foncière des Régions. The dynamics of cross-functionality, collaborative working and open Europe are increasingly adding new levels of richness to our ideas and projects. Foncière des Régions is embracing today's world and boosting its employer appeal by giving its people the opportunity to compare experiences, contribute to collective initiatives beyond their scope of operational responsibility, and to experiment with more flexible working methods and resources.
ELSA CANETTI, Head of Human Resources
FONCIÈRE DES RÉGIONS HEAD OFFICE PARIS
EX-ÆQUOT H E G E N D E R E Q UA L
O P P O R T U N I T I E S P R O G R A M M E I N T R O D U C E D B Y T H E G R O U P I N E U R O P E
5 1
“WORKING IN ‘LAB MODE’ FACILITATES CROSS-
FUNCTIONALITY, ENCOURAGES FREEDOM OF SPEECH AND
CREATIVITY, AND UNITES EMPLOYEES AROUND
COLLECTIVE PROJECTS. IT'S A NEW WAY OF SHARING AND A NEW PERSPECTIVE ON WORK.”
Thomas FarfalSustainable Development Project Manager
“WITH EX-ÆQUO, WHEN OUR FRENCH,
ITALIAN AND GERMAN TEAMS WORK TOGETHER,
IT'S EQUALITY OF OPPORTUNITY THAT BENEFITS”
Giovanna RudaHead of Legal and Corporate Affairs,
Beni Stabili, Italy
FONCIÈRE DES RÉGIONS HEAD OFFICE PARIS
728E M P L OY E E S I N E U R O P E
1T E L E W O R K I N G C H A R T E R
I N T R O D U C E D I N 2017
5 2
FONCIÈRE DES RÉGIONS COMMUNICATION DEPARTMENT
April 2017
PHOTO CREDITSAC Forum, Arte Charpentier, Asylum, Beni Stabili, Calq Architecture, Golem Images, L’Autre Image, Linus Lintner, Ma Architectes, Meininger, Motel One, Olivier Ouadah, PPA, Rodolphe Escher, RSI Studio, Stéphane de Bourgies,
Westin, Wavebreakmedia - StockRocket - Tommi - Vgajic - Pekic - Istock.
Printed on papers certified as FSC® Recycled and EU Ecolabel compliant.
DESIGN & BUILD
30 avenue Kléber - 75016 ParisTél. : + 33 (0)1 58 97 50 00
www.foncieredesregions.fr
Follow us on @fonciereregions
and on
