UXCO Group acquired a new Ecla residence project in Lomme, in the Lille metropolitan area. This sixth location for the Ecla concept represents close to 800 beds.
The asset is located in the Lille metropolitan area in the north of France. This project aims to create a co-living property for students and young professionals and involves a total investment of close to €92m in partnership with Banque des Territoires (Caisse des Dépôts Group - Public Financial Institution) and Societe Generale, the lending entity.
With Ecla Lille-Lomme is scheduled to be open in September 2026. The residence will offer a total area of more than 18,000m2 over three seven-floor buildings and will house close to 800 beds in units ranging from studios to four-bedroom apartments as well as more than 2,000m2 common areas and amenities, including coworking spaces, a bar, gyms, games rooms, a recording studio, a library, study rooms, shared kitchens, and outdoor facilities.
UXCO Group has leveraged its full range of activities and relied on trusted partners to complete this major operation. In partnership with Banque des Territoires (Caisse des Dépôts Group - Public Financial Institution), the project is designed and developed by the Group’s in-house developer, Oceanis Promotion, in cooperation with Hurban. Supported by local universities and authorities, Ecla Lille-Lomme will increase the available accommodation for students and contribute to the greater Lille’s attractiveness.
“After inaugurating Europe’s largest co-living and student residence, Ecla Paris-Palaiseau, and announcing two new Ecla projects in Bordeaux and greater Geneva in 2023, this latest acquisition in Lille demonstrates our capacity to grow our portfolio of unrivalled premium and large residences in France. This is a strong milestone for UXCO Group thanks to the support of local authorities together with the attractiveness of our model, which meets the accommodation needs of new generations of students and young professionals,” said Mael Aoustin, Group CEO and President of the UXCO Group Management Board.
UXCO Group was advised by the notary offices C&C Notaires, and the legal firm Gide on the financing. This operation is financed by Société Générale on the advice of the notary Cheuvreux and legal firm Allen & Overy.
Image provided by Agence Proches.
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