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GRAND LITTORAL MARSEILLE - FRANCE - Corio NV

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<strong>GRAND</strong> <strong>LITTORAL</strong><br />

<strong>MARSEILLE</strong> - <strong>FRANCE</strong>


MANAGEMENT SUMMARY<br />

CITY PROFILE<br />

LOCATION CONTEXT<br />

SITE CONTEXT<br />

CATCHMENT AREA<br />

PROGRAM AND CONCEPT<br />

<strong>GRAND</strong> <strong>LITTORAL</strong> - <strong>MARSEILLE</strong> <strong>FRANCE</strong> 2


MANAGEMENT SUMMARY<br />

REGIONAL SHOPPING CENTRE – <strong>MARSEILLE</strong> <strong>GRAND</strong><br />

<strong>LITTORAL</strong><br />

•Located 15 minutes from centre of Marseille, next to<br />

the A55 and A7 motorways.<br />

•Situated in the second most populated city in France<br />

(population 851,420) with over 1.6 million people in<br />

the metropolitan area.<br />

•Marseille Grand Littoral is the largest shopping centre<br />

in the Region Provence-Alpes-Côte d’Azur and one of<br />

the largest shopping centres in France.<br />

•The centre benefits from excellent accessibility by car<br />

and public transport provided by several bus services.<br />

•More than 110,000m² GLA including Carrefour<br />

hypermarket and external retail park.<br />

•Two level mall with simple internal circulation.<br />

•Opened in 1996 and acquired by <strong>Corio</strong> in 2008.<br />

•Anchors: H&M, Zara, New Yorker, C&A, Darty, Go Sport,<br />

Intersport, Leroy Merlin, King Jouet, Maxitoys, Maxi Zoo,<br />

Babou.<br />

•More than 5,000 car spaces on two levels immediately<br />

accessible to the shopping centre.<br />

•A major retail and restaurant destination benefitting<br />

from an exceptional and highly prominent position<br />

overlooking the Marseille coastline.<br />

•Concept and design: Marseille Grand Littoral is an<br />

enclosed regional shopping centre which benefits from<br />

easy internal navigation, with shops on two trading levels<br />

•Centre management and leasing by <strong>Corio</strong> France<br />

specialist teams.<br />

•Winner of the 2010 CNCC award for sustainability<br />

initiatives for efficient waste management (French<br />

shopping centre council).<br />

<strong>GRAND</strong> <strong>LITTORAL</strong> - <strong>MARSEILLE</strong> <strong>FRANCE</strong> 3


CITY PROFILE<br />

GEOGRAPHY AND TERRITORY<br />

•Marseille is the second largest city in France after<br />

Paris and the largest commercial port in France.<br />

•Marseille is the capital of the Provence-Alpes-Côte<br />

d’Azur region and the Bouches-du-Rhone department<br />

in southern France 775 km from Paris.<br />

•With over 7.3 million visitors in 2009, the Marseille-<br />

Provence airport is the third largest French airport<br />

•The French high speed rail TGV connects Marseille with<br />

Paris in 3 hours.<br />

•Three motorways, the A7, A50 and A55, meet in<br />

Marseille, creating a major motorway junction and the<br />

A7 and A55 pass by Marseille Grand Littoral.<br />

POPULATION<br />

•The population is 851,420 people (2008) within<br />

the Marseille City limits and 1.6 million in the total<br />

metropolitan area.<br />

ECONOMY<br />

•The economy of Marseille is dominated by its commercial<br />

container and transport port, the number one in<br />

France and the Mediterranean, number three in Europe.<br />

•Petroleum refining and shipbuilding are the principal<br />

industries and Marseille is a major French centre<br />

for trade and industry, with excellent transportation<br />

infrastructure (roads, sea port and airport).<br />

•Three Universities : Provence, the Mediterranean<br />

and the Paul Cézanne University—form France’s second<br />

largest research centre, which includes over 3,000<br />

research scientists.<br />

•Marseille acts as a regional entertainment centre, with<br />

a high concentration of museums, cinemas, theaters,<br />

clubs, bars, restaurants, fashion shops, hotels, and art<br />

galleries, all geared towards a tourist economy.<br />

•Marseille will be the European Capital of Culture in 2013.<br />

<strong>GRAND</strong> <strong>LITTORAL</strong> - <strong>MARSEILLE</strong> <strong>FRANCE</strong> 4


LOCATION CONTEXT<br />

SITUATION<br />

•Marseille is the capital of the Provence-Alpes-Côte<br />

d’Azur region and the Bouches-du-Rhone department<br />

in southern France, 775 km from Paris.<br />

•Marseille Grand Littoral is a major Regional shopping<br />

centre located in the north of the city.<br />

•The centre is situated in an urban area and with some<br />

housing, landscaped areas and land identified for<br />

future office development nearby.<br />

ACCESSIBILITY<br />

•The centre is easily accessible, benefitting from the<br />

excellent motorway and national road network and<br />

5,000 free car spaces.<br />

•Public transport is currently by bus link with a new<br />

tramway line planned to provide future rail access too.<br />

VISIBILITY<br />

•Excellent visibility from the A55 and A7 motorways<br />

(>200,000 vehicles per day).<br />

•Visibility is further enhanced by the imposing position<br />

of the development above Marseille centre and the<br />

coastline.<br />

•The centre is very well known and seen as the region’s<br />

principal shopping centre destination.<br />

•Free car parking and easy accessibility further enhance<br />

the centre’s attractions.<br />

<strong>GRAND</strong> <strong>LITTORAL</strong> - <strong>MARSEILLE</strong> <strong>FRANCE</strong> 5


SITE CONTEXT<br />

CHARACTERISTICS<br />

•Regional shopping centre situated on the northern city<br />

edge.<br />

•Opened in 1996, Marseille Grand Littoral was acquired<br />

by <strong>Corio</strong> in 2008.<br />

•Total of 110,000 m² GLA of retail and restaurants.<br />

•Anchors: H&M, Zara, New Yorker, C&A, Darty, Go Sport,<br />

Intersport, Leroy Merlin, King Jouet, Sephora, Foot Locker,<br />

Disney Store, Aubert, Maxitoys, Maxi Zoo, Babou.<br />

•Parking spaces: 5,000 places.<br />

SITE ACCESS<br />

•The centre is easily accessible, benefitting from three<br />

separate road entrances leading to the 5,000 free car<br />

spaces.<br />

•The two-level parking allows easy access into the<br />

centre and both trading levels directly. In addition the<br />

lower level car park provides climatic protection from<br />

the sun, wind and rain, providing additional customer<br />

comfort.<br />

VICINITY<br />

•To the south of the centre is a public park and land<br />

available for future office development.<br />

•Housing area in north and easterly directions.<br />

•The area benefits from a special status giving tax<br />

incentives for new business (Zone Franches urbaines).<br />

<strong>GRAND</strong> <strong>LITTORAL</strong> - <strong>MARSEILLE</strong> <strong>FRANCE</strong> 6


CATCHMENT AREA<br />

KEY FACTS<br />

•Total catchment area of 940,000 inhabitants.<br />

•Population in catchment area has grown by +7.3%<br />

from 1999 to 2010.<br />

•Median revenue per household is € 29,703 per year.<br />

PRIMARY CATCHMENT AREA<br />

•A primary catchment area (0 to 10 minutes) of<br />

102,000 people, which has increased by +10.9%<br />

between 1999 and 2010.<br />

•High median revenue of €34,214 per household per<br />

year in the 10 to 15 minutes travel time zone.<br />

•The primary and secondary catchment areas have<br />

a large number of families with children and singles,<br />

whereas the tertiary zone has more senior citizens<br />

when compared to the national average.<br />

SECONDARY / TERTIARY CATCHMENT AREA<br />

•The secondary catchment area (10-20 minutes)<br />

comprises 653,000 people, an increase of +8.0%<br />

between 1999 and 2010.<br />

•The tertiary catchment area comprises 185,000.<br />

<strong>GRAND</strong> <strong>LITTORAL</strong> - <strong>MARSEILLE</strong> <strong>FRANCE</strong> 7


UPPER LEVEL<br />

LOWER LEVEL<br />

PROGRAM AND CONCEPT<br />

FUNDAMENTALS<br />

•The centre, which was opened in 1996, is an<br />

established major retail destination in the region.<br />

•Marseille Grand Littoral plays an important role in the<br />

local community, with regular events and animations<br />

organised in the centre.<br />

•The centre benefits from excellent access for cars and<br />

public transport.<br />

•The centre is the dominant centre in its catchment<br />

area and attracts around 12 million visitors per year.<br />

PROGRAMME<br />

•Its large and diverse retail offering positions Marseille<br />

Grand Littoral as the region’s principal shopping centre.<br />

•120,000 m² GLA.<br />

•Over 210 retail units including anchor stores,<br />

restaurants and other services.<br />

•Leading national and international brands including<br />

H&M, Zara,, C&A, New Yorker, Darty, Go Sport and<br />

Leroy Merlin and many others.<br />

•Broad tenant mix including many fashion retailers.<br />

•Large Carrefour Hypermarket.<br />

•5,000 parking spaces.<br />

CONCEPT<br />

•Marseille Grand Littoral is a two-level enclosed<br />

regional shopping centre benefitting from an<br />

integrated retail park.<br />

•The centre benefits from an efficient organisation and<br />

circulation.<br />

•The car park is directly in front of the centre.<br />

•The centre is situated in a pleasant landscaped<br />

environment.<br />

•The centre benefits from attractive internal decoration.<br />

<strong>GRAND</strong> <strong>LITTORAL</strong> - <strong>MARSEILLE</strong> <strong>FRANCE</strong> 8


CORIO WILL REFURBISH <strong>GRAND</strong> <strong>LITTORAL</strong><br />

TO MAKE IT THE NUMBER ONE SHOPPING<br />

DESTINATION IN THE REGION.<br />

THIS CAN BE ACHIEVED BY:<br />

- Having the largest and most complete retail offer.<br />

- Offering excellent service and a place of experience.<br />

- And, so create a Favourite Meeting Place.<br />

REFURBISHMENT WILL BE COMPLETED Q4 2013 AND IT INCLUDES:<br />

- Create a strong and visible signal.<br />

- Modernise facades<br />

- Restructure Zone Azur and create internal events plaza<br />

- Restructure Zone Emeraude and create external events plaza<br />

- Redecorate the centre<br />

- Implement new services<br />

<strong>GRAND</strong> <strong>LITTORAL</strong> - <strong>MARSEILLE</strong> <strong>FRANCE</strong> 9


ANCHORS & TENANTS<br />

H&M<br />

ZARA<br />

NEW YORKER<br />

C&A<br />

DARTY<br />

GO SPORT<br />

INTERSPORT<br />

LEROY MERLIN<br />

KING JOUET<br />

SEPHORA<br />

FOOT LOCKER<br />

DISNEY STORE<br />

AUBERT<br />

MAXITOYS<br />

MAXI ZOO<br />

BABOU<br />

FOOTFALL<br />

12,000,000<br />

WWW.<strong>MARSEILLE</strong>-<strong>GRAND</strong>-<strong>LITTORAL</strong>.FR<br />

<strong>GRAND</strong> <strong>LITTORAL</strong> - <strong>MARSEILLE</strong> <strong>FRANCE</strong> 10


CORIO N.V.<br />

Hoog Catharijne, Van Duvenborch Building<br />

Stationsplein 97, 3511 ED Utrecht<br />

P.O. Box 8243, 3503 RE Utrecht, The Netherlands<br />

T +31 (0)30 234 64 64 F +31 (0)30 233 35 78<br />

E corio@nl.corio-eu.com, I www.corio-eu.com<br />

CORIO NEDERLAND<br />

Hoog Catharijne, Van Duvenborch Building<br />

Stationsplein 97, 3511 ED Utrecht<br />

P.O. Box 8243, 3503 RE Utrecht, The Netherlands<br />

T +31 (0)30 234 64 64 F +31 (0)30 233 35 78<br />

E info@nl.corio-eu.com, I www.corio-eu.com<br />

CORIO <strong>FRANCE</strong><br />

Tour Exaltis, 61, rue Henri Régnault<br />

92075 Paris La Défense cedex, France<br />

T +33 (0) 1 474 53 000 F +33 (0) 1 474 55 850<br />

E info@fr.corio-eu.com, I www.corio-eu.com<br />

CORIO ITALIA<br />

Via Fabio Filzi 25/a, 20124 Milan, Italy<br />

T +39 026 69 63 49 F +39 026 69 77 11<br />

E info@it.corio-eu.com, I www.corio-eu.com<br />

<strong>GRAND</strong> <strong>LITTORAL</strong> - <strong>MARSEILLE</strong> <strong>FRANCE</strong><br />

CORIO ESPAÑA<br />

Paseo de la Castellana 93 5º Planta<br />

28046 Madrid, Spain<br />

T +34 91 426 17 77 F +34 91 435 56 44<br />

E info@es.corio-eu.com, I www.corio-eu.com<br />

CORIO DEUTSCHLAND<br />

Königsstraße 13, 47051 Duisburg, Germany<br />

T +49 203 4196 1500, F +49 203 4196 1501<br />

E info@de.corio-eu.com, I www.corio-eu.com<br />

CORIO TÜRKIYE<br />

KANYON Ofis Blok Büyükdere Cad. No:185 Kat 18<br />

Levent, Istanbul - 34394 TR, Turkey<br />

T +90 212 371 30 00 F +90 212 353 54 42<br />

E info@tr.corio-eu.com, I www.corio-eu.com

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