On Tuesday April 12th 2016, Gilles BOISSONNET, CEO of Altarea Commerce along with François Trausch and Barbara Koreniouguine, inaugurated Avenue83, a shopping & leisure center located in La Valette-du-Var, near Toulon. Jean-Michel Wilmotte, architect of the center, Jérôme Seydoux, Chairman of Pathé Group, and Christiane Hummel, Senator-Mayor of La Valette-du-Var, attended as well. Developed in partnership with Altarea Cogedim, Avenue83 hosts 90 shops and stands, including 20 restaurants of which many are national and international brands.
Avenue83 is part of the Altaprime portfolio, in which Allianz acquired a 49% interest in 2013. The portfolio has a total value exceeding 800 million euros and includes the assets Bercy Village, the Shops at Gare de l'Est, and Espaces Chanteraines in Gennevilliers. Altarea Cogedim is also the property manager. It was certified HQE and BREEAM - Level "Excellent." In addition, some of the material from the previous center, the Var Barnéoud, was used for construction of the new set.
Conveniently located near the main cities of the South of France (Toulon, Marseille and Nice) and the main roads and motorways, Avenue83 benefits from its exceptional location. The center hosts 1,500 free parking places to accommodate visitors (with guiding system).
Avenue83 offers visitors the chance to explore its large open spaces that are conducive to conviviality, relaxation and recreation. Designed as an open air shopping street with its variety of vendors and activities, Avenue83 is a new generation shopping center. Both urban and environmentally conscious, the center puts vegetation at the heart of its spaces, with nearly 4000m² of natural space, aligning the design with the sentiments of modern visitors.
Avenue83 also puts technology at the service of its customers. A mobile application offers customers guided tours through the center, maps, hours of operation, and other practical information: making the visit more comfortable. An unrivaled Data Management Platform has also been implemented: the Digital Factory. Representing a new era in customer knowledge, this data processing platform allows management to better understand the customers' behaviors, both in the physical and digital environments.
The commercial spaces are 100% occupied by 70 stores and stands, 20 restaurants and 2000m² of terraces. The center is composed of three types of tenants covering fashion, sport and leisure.
The opening of a Primark store that extends over 3000m² and employs over 400 people was a highlight of the inauguration.
When introducing a property investment opportunity to PIMCO Prime Real Estate you acknowledge that we are under no obligation to accept your introduction or enter into any agreement with you. Fees, commission or other payments in respect of introductions shall only be payable where there is a signed written agreement to that effect entered into between PIMCO Prime Real Estate and the introducer. By submitting an introduction to PIMCO Prime Real Estate you shall be deemed to have accepted the aforementioned terms.
"PIMCO Prime Real Estate” is a PIMCO company that includes PIMCO Prime Real Estate GmbH, PIMCO Prime Real Estate LLC, and their subsidiaries and affiliates: PIMCO Prime Real Estate GmbH (Company No. 158768, Seidlstrasse 24–24a, 80335 Munich, Germany), PIMCO Prime Real Estate GmbH Belgium Branch (VAT No. BE 0841.512.711, Boulevard Roi Albert II, 32, 1000 Brussels, Belgium), PIMCO Prime Real Estate GmbH France Branch (SIRET No. 509 339 669 00053, 50-52 Boulevard Haussmann, 75009 Paris, France), PIMCO Prime Real Estate GmbH Italy Branch (Numero REA MI-2107576, Piazza Tre Torri, 3 20145 Milano, Italy), PIMCO Prime Real Estate GmbH Spain Branch (NIF W2760686B, Paseo de La Castellana, 200 Edificio Spaces, 28046 Madrid, Spain), PIMCO Prime Real Estate GmbH Sweden Branch (VAT No. SE516411865401, Norrlandsgatan 18, 111 43 Stockholm, Sweden), PIMCO Prime Real Estate GmbH UK Branch (Company No. FC036236, 11 Baker Street, London W1U 3AH, United Kingdom), PIMCO Prime Real Estate Asia Pacific Pte Ltd (UEN 202000233H, 12 Marina View #17-02 Asia Square Tower 2, Singapore 018961), PIMCO Prime Real Estate (Shanghai) Co, Ltd (Company No. 91310115MA1K4KBT0L, 479 Lujiazui Ring Road, Shanghai Tower, Pudong New District , Shanghai 200120, People’s Republic of China), PIMCO Prime Real Estate Japan GK (Company No. 0104-03-022895, 1-6-2 Marunouchi, Chiyoda-ku, Tokyo 100-0005, Japan), PIMCO Prime Real Estate LLC (File No. 5234055, 1633 Broadway, New York, NY 10019-6999, USA). PIMCO Prime Real Estate LLC is a wholly-owned subsidiary of Pacific Investment Management Company LLC, and PIMCO Prime Real Estate GmbH and its affiliates are wholly-owned by PIMCO Europe GmbH. PIMCO Prime Real Estate GmbH operates separately from PIMCO. PIMCO Prime Real Estate LLC investment professionals provide investment management and other services as dual personnel through Pacific Investment Management Company LLC.
PIMCO Prime Real Estate is a trademark of PIMCO LLC and PIMCO is a trademark of Allianz Asset Management of America LLC in the United States and throughout the world.