REDEVCO acquires second phase of

REDEVCO has acquired the 2nd phase of the commercial development project ´Les Allées Provençales´ in the new Sextius-Mirabeau district of Aix-en-Provence. Construction of the 2nd phase, which encompasses 10,500m² of businesses (including the 3,532 m² FNAC store) got underway in July 2004 and is scheduled for completion in 2006, when it will be opened at the same time as the town’s main, underground car park (1,500 parking spaces).

The Sextius-Mirabeau district links the historic centre of Aix-en-Provence with the university campus and the library.

The first phase of 4,500 m² of businesses, divided into 13 units devoted to everyday goods and services including a 2,340 m² MONOPRIX store, was inaugurated in May 2004. This phase was also acquired by REDEVCO. The total investment is in the region of € 50 million.

Source: MAB

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