CFE - 2006 annual report - Vinci
CFE - 2006 annual report - Vinci CFE - 2006 annual report - Vinci
Real estate development and management services C F E A N N U A L R E P O R T 2 0 0 6 I 1 2 6 t h C F E A N N U A L R E P O R T 2 0 0 6 I c o r p o r a t e f i n a n c i a l y e a r 1 2 6 t h c o r p o r a t e f i n a n c i a l y e a r 4 9
5 0 “Médiacité” business complex at Liège. Architect: M. & J.M. Jaspers - J. Eyers and Partners. Developer: Wilhem & C° - BPI. Real estate development and management services The committee The division’s activities are overseen by a committee made up of: • Renaud Bentégeat • Patrick Van Craen, General Manager of CLi and Construction Management • Jacques Lefèvre, General Manager of CFE Immo and CEO of BPI • Michel Guillaume, CEO of Sogesmaint-CB Richard Ellis The real estate development and management services division had a good year that was marked by two important events: • sale of the “Dôme” development in Luxembourg, which is two thirds leased and on which work ended in the beginning of 2007; • merger of the activities of Sogesmaint and CB Richard Ellis “property management” to form a new company of which CFE remains the majority shareholder. (in millions of EUR) 2006 2005 Order book 6.7 4.3 as of December 31 Activity 28.4 22.8 Real Estate Development 65% 67% Building Management 34.1% 27% Project Management 0.9% 6% • Catherine Vincent, Secretary General of the division • Fabien De Jonge, Administrative and Financial Officer for the division • Jacques Ninanne, Chief Financial Officer The division thus consists of four complementary entities: • CFE Immo and BPI undertake real estate development activities in Belgium; • CLi is the group’s developer in Luxembourg; • Sogesmaint-CB Richard Ellis provides property manage- ment services in Belgium and Luxembourg; • Construction Management provides project manage- ment for customers outside the group in Belgium and abroad. C F E A N N U A L R E P O R T 2 0 0 6 I 1 2 6 t h C F E A N N U A L R E P O R T 2 0 0 6 I c o r p o r a t e f i n a n c i a l y e a r 1 2 6 t h c o r p o r a t e f i n a n c i a l y e a r
- Page 1 and 2: Compagnie d’Entreprises CFE SA A
- Page 4 and 5: Well-managed growth With a 19% incr
- Page 6 and 7: Men and women serving the group ●
- Page 8 and 9: July • Delivery of the renovated
- Page 10 and 11: Philippe Ratynski Philippe Ratynski
- Page 12 and 13: IFRS Belgian Standards Data in EUR
- Page 14 and 15: from the left to the right: Patrick
- Page 16 and 17: Workforce developments in the Const
- Page 18 and 19: Last, but not least, we must emphas
- Page 20 and 21: Evolution of the frequency rate - D
- Page 22 and 23: Theme Commitments Initiatives Human
- Page 24: 2 3
- Page 27 and 28: 2 6 Overall view of the watertreatm
- Page 29 and 30: 2 8 In the Netherlands, the work do
- Page 31 and 32: 3 0 Koen Vande Voorde, 37 years Sit
- Page 33 and 34: 3 2 Façade of “Résidence Theys
- Page 35 and 36: 3 4 Extension of Dredging Internati
- Page 37 and 38: 3 6 New all-purpose sports centre
- Page 39 and 40: 3 8 Construction of an office build
- Page 41 and 42: 4 0 Suite of offices for the Europe
- Page 43 and 44: 4 2 Museum of Modern Art in Luxembo
- Page 45 and 46: 4 4 Lorem André de Ipsum Koning do
- Page 47 and 48: 4 6 Bernard Cols Bruno Lambrecht, C
- Page 49: 4 8 Lorem Gérard Ipsum Bourelly, d
- Page 53 and 54: 5 2 “Sand Court” project for th
- Page 55 and 56: 5 4 “Botanic” building in Bruss
- Page 57 and 58: 5 6 Patrick Van Craen Damien Quinet
- Page 59 and 60: 5 8 New lighting for the large hall
- Page 61 and 62: 6 0 Saint-Michel clinic in Brussels
- Page 63 and 64: 6 2 Erecting of catenaries by Engem
- Page 65 and 66: 6 4
- Page 67 and 68: 6 6 from the left to the right: Mar
- Page 69 and 70: 6 8 The brand new trailer “Mariek
- Page 71 and 72: 7 0 In Richard’s Bay, South Afric
- Page 73 and 74: 7 2 ● Venezuela DI further consol
- Page 75 and 76: 7 4 DEC was selected as one of the
- Page 77 and 78: 7 6 Financial report Corporate gove
- Page 79 and 80: 7 8 Table of contents Corporate gov
- Page 81 and 82: 8 0 Corporate governance 1. Composi
- Page 83 and 84: 8 2 Bernard Huvelin VINCI 1, cours
- Page 85 and 86: 8 4 Co-opted Director whose nominat
- Page 87 and 88: 8 6 2. Operation of the Board of Di
- Page 89 and 90: 8 8 2.2 The Appointments and Compen
- Page 91 and 92: 9 0 3.3 Compensation of the Managin
- Page 93 and 94: 9 2 Remuneration of the auditors of
- Page 95 and 96: 9 4 Dredging & environment segment
- Page 97 and 98: 9 6 Contribution to the net resultp
- Page 99 and 100: 9 8 B. Risk factors 1. Risks common
Real estate development<br />
and management services<br />
C F E A N N U A L R E P O R T 2 0 0 6 I 1 2 6 t h C F E A N N U A L R E P O R T 2 0 0 6 I c o r p o r a t e f i n a n c i a l y e a r<br />
1 2 6 t h c o r p o r a t e f i n a n c i a l y e a r<br />
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