High-Yeld Investment opportunities highlighted in Marseille
Real estate opportunities in France’s second largest city, Marseille, was recently highlighted at Expo 2020 Dubai, UAE by Euromediterranee, a public urban and economic development agency (also known as EPAEM).
The EPAEM, which is currently handling development works in the sustainable Mediterranean ‘City of Tomorrow’, hosted an event dedicated to opportunities for Middle Eastern Investors on the France Pavilion at Expo during the Sustainable City Week.
Built over an area of 480 hectares, right in the center of Marseille, the development project brings together public services, retail, offices, housing, transport and parking infrastructures, public parks and much more to create a new way of living.
Marseille, the 5th largest digital hub in the world, connects 4.5bn internet users across continents, according to a press communiqué.
Home to the first French port and the third largest oil port worldwide, the city of Marseille hosts a 4mn sqm of diverse developments under way, conducted by Euromediterranee.
The national level entity supported by the French government, also looked forward to sharing its urban development expertise with private and public players in the United Arab Emirates on how to build the sustainable cities of the future.
Located at the heart of a strategic & historic city, influent for its trade exchange platform that connects the European, African and Middle East markets, Euromediterranee has been designing, developing and building a comprehensive model for the Mediterranean sustainable city for a duration of 25 years, the press statement concluded.
“Our experts team attended Expo 2020 to introduce the renewal project, one of the first to be awarded ‘EcoCite’ in France. Home to over 5,300 businesses and 45,200 jobs, Euromediterranee is now the third largest business district in France, with ongoing real estate investment and development opportunities,” affirmed Hugues Parant, CEO, EPAEM.
