Bouygues Immobilier

3 boulevard Gallieni, 92445 Issy-les-Moulineaux, France

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About Bouygues Immobilier

Summary

Bouygues Immobilier is a prominent real estate development company and a subsidiary of the Bouygues Group. It is involved in designing and managing residential, commercial, and urban development projects across Europe, including France, Spain, Belgium, Germany, Portugal, Poland, and Morocco. The company focuses on creating sustainable and human-centric living spaces that meet various housing needs, such as social, affordable, student, and senior residences, as well as commercial real estate and urban planning.

Founded in 1956 as Stim, it merged with other subsidiaries to form Bouygues Immobilier in 1999. Over the years, the company has expanded its scope, undertaking significant projects like the construction of the Green Office ENJOY building and launching Flexom, a connected housing initiative. Bouygues Immobilier is also a key player in urban regeneration and eco-district developments, with notable projects such as the Ginko Eco-district in Bordeaux and the Le Fort d’Issy eco-district.

The company is committed to addressing urban challenges, including environmental and societal issues, by focusing on sustainable development, reducing CO2 emissions, and promoting biodiversity. Bouygues Immobilier aims to create spaces that improve the quality of life for communities while contributing to the long-term development of cities.

History

Bouygues Immobilier was established in 1956 as a subsidiary of the Bouygues Group under the name Stim, focusing on real estate technology. In 1974, France Cottages was created, which later became France Construction in 1980, specialising in developing individual houses in suburban Paris. The company’s activities expanded with the acquisition of Bâtir in 1979, a company based in northern France that also focused on individual houses. Bâtir later integrated with Maison Bouygues and France Marianne in 1986, aiming at a more affluent clientele. By 1985, Stim, Bâtir, and France Construction were brought together under the holding company Bouygues Immobilier.

In 1999, a merger took place between Stim, Bâtir, and France Construction, consolidating their operations under the Bouygues Immobilier brand. The company continued to expand, acquiring Lyon Construction in 2005 and launching the Maisons Elika subsidiary in 2006, which focused on low-income housing.

The company continued to innovate, establishing BIRD in 2015, a venture capital firm to support real estate development, and launching the first Nextdoor space in Issy-les-Moulineaux. In 2016, Bouygues Immobilier introduced Flexom, a connected housing initiative, and launched the Green Office ENJOY building, the largest BBCA-certified office building in France.

In 2017, the company formed a joint venture with AccorHotels to expand Nextdoor across France and Europe. In 2019, the Green Office ENJOY building was delivered, further solidifying Bouygues Immobilier’s position in the market.

In April 2024, Bouygues Immobilier announced a social plan to reduce its workforce by 225 employees, a significant move amid ongoing structural adjustments.

Portfolio

Bouygues Immobilier’s portfolio covers a wide range of projects in residential, commercial, and urban development, with a strong emphasis on sustainability and innovation. The company is involved in creating living spaces that cater to diverse housing needs, including social, affordable, and senior residences, as well as individual houses. In the residential sector, Bouygues Immobilier has completed notable projects such as L’Atria in Bordeaux, designed by architect Christian de Portzamparc, which received the Regional Sustainable Development Prize and the Regional Grand Prize in 2008.

Other significant residential developments include Les Chais in Bordeaux, Les Docks in Saint-Denis, and Le Village in Warsaw, as well as Vert Eden in Aix-en-Provence and Sensations in Strasbourg, the first 100% wood, low-carbon high-rise building in France.

In the commercial real estate sector, Bouygues Immobilier has delivered a variety of office buildings, including Galeo in Issy-les-Moulineaux, which houses the company’s headquarters. The company has also developed Tour Sequana in Issy-les-Moulineaux, a 23-storey office tower, and HUB 247 in Nanterre, a 9,000 m² office building acquired by Ivanhoé Cambridge in 2018. Other commercial developments include the HAMØ complex in Saint-Denis, which comprises office, retail, and business spaces.

Bouygues Immobilier is also actively involved in urban regeneration and the development of sustainable communities through its urban planning division, UrbanEra. Notable urban projects include the Ginko Eco-district in Bordeaux, which spans 30 hectares and includes 2,550 homes, schools, offices, and shops.

The project received the Energy Efficiency Prize by the Ministry of Ecology in 2009. Other significant urban developments include Le Fort d’Issy in Issy-les-Moulineaux, featuring 1,538 housing units, and Corbeil – La Papeterie in Corbeil-Essonnes, which includes 1,000 housing units and service residences for students and nurses.

The company has also completed several commercial and mixed-use developments. For example, the Les Vignes Commercial Park in Orange covers 30,000 m² and is equipped with 12,000 photovoltaic panels. The Guimarães Shopping Center in Portugal is a 120,000 m² shopping complex, and the Bois-Colombes mixed-use building includes co-living spaces, residential units, commercial areas, and a rooftop public space.

Internationally, Bouygues Immobilier has expanded its presence through Bouygues Immobilier Polska, which has been operating in Poland since 2001. The subsidiary has completed over 9,500 residential units and commercial properties across more than 70 projects, including Viva Cité, Lumea Estate, and Neo Praga in Warsaw, Vilda Arte in Poznań, and Vivre in Wrocław.

Leadership Team

Pascal Minault | President
Emmanuel Desmaizières | General Manager
Frédéric Boisset | Deputy Director General of Promotion France West
Yann Boucraut | Secretary General, in charge of Finance, Legal and Compliance
Sabine Bourrut-Lacouture Lepine | Deputy General Manager, in charge of Commercial Real Estate in the Ile-de-France Region
Lionel Cayre | Deputy Director General of Promotion France Est
Bernard Chanteux | Deputy General Manager, in charge of Residential Activity in the Ile-de-France Region
Olivier Durix | Deputy Director General of Promotion France Sud
Gauthier Stehelin | Deputy Director General

References

Bouygues Immobilier | Programmes d’immobilier neuf | Bouygues Immobilier
Bouygues Immobilier | Groupe Bouygues
Bouygues Immobilier | Wikipedia
Bouygues Immobilier : 240 programmes neufs | leboncoin immobilier neuf
Bouygues Immobilier – Crunchbase Company Profile | Crunchbase
Bouygues Immobilier – Overview, News & Similar companies | ZoomInfo
Bouygues SA (EN.PA) Stock Price, News, Quote & History | Yahoo Finance
Bouygues Immobilier Platform, Orchestrate its Marketing | Kestra
Bouygues Immobilier SASU – Company Profile and News | Bloomberg

3 boulevard Gallieni, 92445 Issy-les-Moulineaux, France

Website https://www.bouygues-immobilier-corporate.com/

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