CFE - 2006 annual report - Vinci

5 2
“Sand Court” project
for three residential
and office buildings
in Brussels.
Architect: A2RC.
Jacques Lefèvre
Philippe Sallé, Fabien De Jonge,
Philippe Bricout, Peter De Decker,
Catherine Vincent, Michel Shames,
Patrick Vriamont
Through their two entities, working together under com-
mon management, BPI and CFE Immo can be proud to
have extended their real estate development activities
throughout the Belgian territory and furthermore, to have
sold older real estate assets.
The office building located on the Place de la Reine was
sold to an investor, as was the B03 office building in
“Jardins de Jette” and the stake in the “Keyser Centre” in
Antwerp.
Block A located on avenue Fonsny in Brussels, built on
spec at the beginning of 2006, found a buyer that will
occupy 10,000 m 2 , which represents half of the property.
In the residential market segment, 197 housing units were
sold in 2006, of which 75 were on the “Jardins de Jette”
site and the rest from the “Espace Rolin”, “Résidence du
Béguinage” and “Sand Court” projects.
As for projects currently underway, the business unit’s first
project in Wallonia for 21 residential units in the heart of
Tournai has started. Building permits were granted for the
“Barbarahof” project in Leuven and the “Brugmann Court”
project in Ixelles. Finally, soil decontamination work has
been completed and preparatory work begun in the begin-
ning of October for the 35,000 m 2 “Médiacité” centre in
Liège in which BPI holds a 25% stake.
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 1 2 6 c o r p o r a t e f i n a n c i a l y e a r
t h c o r p o r a t e f i n a n c i a l y e a r