| Real estate |
302 shopping centres managed by Immochan at 31/07/10
12 countries
1.7 million de m² in the shopping malls
of which 72% are in Western Europe
€454 million revenue in 2009, of which 47% outside France
Average staff:
500 employees
Chairman:
Benoît Lheureux
General Manager:
Eric Deleplanque
4 major activities...
Developing, marketing, operating and managing property
Immochan
Since the creation of Groupe Auchan, its real-estate subsidiary Immochan provides support for growth. Today Immochan is at the same time promoter, developer, manager and investor for the group’s shopping centres and one of the top European promoter companies specialised in shop-oriented urban planning.
Immochan manages 302 shopping centres in the 12 countries where it is present (1.7 million m² of shopping centre space).
The Immochan vision
To develop leading shopping centres that are a reference for quality...
The customer trail concept which guide them to every stage of the shopping experience is deployed in some 30 sites in France, and is progressively being introduced in other countries, including in 2007 Spain, Poland and Portugal. Immochan’s stated aim of "Creating and enhancing shopping destinations in the heart of the community" reflects its commitment to creating shopping centres that are welcoming, friendly places enjoyed by the 1.7 billion shoppers who visit them every year.
Immochan, partner of shop-owners and local authorities...
With its partner shops, Immochan creates attractive centres so that they can attain best possible financial and sales performance. As a demonstration of its innovative capacity and desire to offer a wide range of services and shops, Immochan is also developing new sales concepts.
Immochan, a prime actor in urban planning, is also a key point of contact with the local authorities, which it supports for the development of the town and shopping amenities.
Along with the group chains, the real-estate subsidiary has adopted a sustainable development approach, by optimising the use of natural resources and by working on the development of local roots for its centres.
Architectural design, the choice of sales personnel and the use of local materials are examples of the pursuit of an aim: make each centre a unique place in the image of its host region. For further information.
Key dates
1976 The Groupe Auchan real-estate division is created under the name Immochan.
1996 Immochan becomes a wholly dedicated real-estate company.
2003 A joint company "Gallerie Commerciali Italia" is created in Italy with Simon Property Group, to manage and develop the group’s shopping centres in Italy. G.C.I is owned at 51% by Immochan and 49% by Simon Property Group.
In France, a new visual identity is created: customers are accompanied by this identity throughout their visit to the shopping centre.
2004 The holding Immochan International is created with the legal restructuring of Groupe Auchan into 4 divisions. It is followed by the progressive implementation of legal entities in each country. 2008 In France, creation of a subsidiary Citania dedicated to development and urban renewal projects.