ING Real Estate Development and Apsys reach agreement on Quartier de l'Amphitheatre (FR)

ING Real Estate Development and Apsys have signed contracts with SAREMM (the Metz Metropolitan land development company) on Quartier de l'Amphitheatre, a 42,500 sq m retail and leisure scheme in the Amphitheatre urban regeneration district.

This new inner-city district is located next to the Metz Central high-speed train terminal and to the Centre Pompidou-Metz modern art museum scheduled to open in 2010. The shopping and leisure center will include ten mid-sized units, a food supermarket, and a wide range of smaller shops. This new type of urban shopping center is expected to open in 2014.

Commenting on the signing, Menno Maas, CEO of ING Real Estate Development said: "The signing of the Quartier de l'Amphitheatre scheme in Metz is an important signal of the return of confidence in the European market for new retail developments. The project is also a perfect example of our focus on retail-led mixed use development."

Source: ING

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