Real estate

Groupe ADP acquires the remaining buildings of Le Dôme, a complex of eight office buildings at Roissypole, at Paris-Charles de Gaulle Airport

Groupe ADP, until now the owner of four buildings ("even numbers"), announces the acquisition of the four remaining buildings ("odd numbers") of the Le Dôme property complex, comprising eight buildings with a total surface area of 39,000 sq.m.

Located in the eastern side of the Roissypole business district, at the very heart of Paris-Charles de Gaulle airport, these office buildings are positioned along an indoor street. They were designed in 1990 by Groupe ADP and their construction was completed in 1993 by the developer Kaufman & Broad.
 
Serge Grzybowski, Chief Real Estate Officer at Groupe ADP declared: “This is a fantastic opportunity for Groupe ADP for a number of reasons. The acquisition of this iconic property, in its entirety, means we will have full control over the management and marketing thereof. So we can strengthen our position as investor, as outlined in our Connect 2020 strategic plan. This acquisition forms part of our plan to create an airport city, the attractiveness and connectivity of which will soon be drastically enhanced with the completion of the CDG Express rail link and the Grand Paris Express metro.”

The purchase of these four buildings takes place in the context of the early termination of the building lease, originally planned to last 24 years and means Groupe ADP will become landlord to 45 new leases, generating a gross annual rent, excluding taxes and charges, of approximately €3 million.
Le Dôme buildings offers its users luxury facilities, as well as a range of shops and services on the ground floor of the building (optician, insurance company, corporate concierge, porter, etc.), all within walking distance of a modern transport hub. The complex is also just a short shuttle ride away from the Aéroville shopping centre boasting a hypermarket (with Click & Drive service), a multiplex cinema, 200 shops, and more.
 
A trailblazer of airport cities, the Roissypole district has become the largest “Airport City” in the world, with a total of 360,000 sq.m developed, including 247,000 sq.m of office space.
At the heart of the largest economic centre in the Paris region, and the Paris-Charles de Gaulle hub,  Roissypole offers access to multiple motorway connections (A1, A3, A104) and a wide range of public transport options (TGV, RER B, CDGVAL, and buses), all due to be expanded over the coming years.

Le Dôme highlights:
- Developer: Groupe ADP
- Investor: Groupe ADP
- Architect: Arte Charpentier
- Total floorspace: 39,000 sq.m
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