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REDMAN delivers Villa Iéna, an ambitious and complex rehabilitation project of more than 2,700 sqm located in the heart of the 16th district of Paris. This project, carried out for Union Investment Institutional in collaboration with the architectural firm Naud et Poux Architectes, stands out for its unique approach combining heritage enhancement, contemporary innovation, and environmental respect.
Nicolas Decloquement, Deputy Managing Director of Operations at REDMAN, said: “The success of this complex rehabilitation operation is the result of close collaboration between the REDMAN teams and their partners who showed tenacity and unwavering commitment at all stages. The trust shown by our client, Union Investment, to carry out this project in a particularly constrained context is a testament to our listening and commitment to making 60B Iéna the embodiment of a demanding, value-creating, and sustainable response“.
🔹 Main characteristics of the project:
➡ Working with the existing: built in 1883, Villa Iéna has been transformed while preserving its original architectural elements, such as the stone facade and herringbone parquet floors.
➡ Environment: the project aims to obtain HQE and BBCA labels for its energy performance and low carbon impact, incorporating sustainable renovation techniques and innovative site management.
➡ Circular economy: an ambitious reuse policy has been implemented, allowing many materials and equipment to be given a second life.
➡ Social inclusion: 8% of the hours worked on the site were performed by people in integration, with workshops organized to facilitate professional integration.
In June, hotel performance saw a slight decline compared to last year, but the outlook is very promising for the coming months. The monthly European hotel barometer conducted by EXTENDAM and its partners observes an occupancy rate in France reaching 75%, while regions such as Provence Alpes Côte d’Azur and Normandy recorded significant increases in RevPAR.
Axelle de Rodellec, asset management manager at EXTENDAM,highlighted: “It is important to remember that June 2023 was an exceptional month in France, especially in Paris where an occupancy rate of 92%, an average price of €310, and a RevPAR of €286 were recorded, corresponding to a 35% growth compared to 2022”
At the same time, hotel real estate continues to attract investors, with an investment of nearly €1.5 billion in the first half of 2024, confirming a significant enthusiasm for this key sector.
Professionals of the industry are eager to see Paris shine under the Olympic and Paralympic spotlights, while offering memorable experiences to visitors from around the world.
As a network for citizen energy transition, Énergie Partagée has just labeled its 350th project. This milestone testifies to the constant growth of citizen renewable energy production projects in France.
🔋 Énergie Partagée label, created in 2021, stands out as the reference for guaranteeing the public interest of renewable energy production projects. It promotes inclusive approaches that are economically and socially beneficial for the territories and ensures predominantly local governance.
Arno Foulon, Head of Expertise and the Énergie Partagée label, highlights: “The labeling of the 350th project confirms the relevance of encouraging territorial and multi-partner dynamics around renewable energy production. These plural setups ensure a balanced sharing of responsibilities and essential values for the development of renewable energies“.