On 8 September this year SOMIFA, Groupe Fayat's property development arm, signed an off-plan contract with SCOR, the world's 4th largest reinsurance and investment group. This will be our first high-profile property development project in the French capital. Located at 16 Avenue d’Eylau, in Paris' chic 16th arrondissement just across from the Eiffel Tower, this new hotel complex will boast over a hundred rooms plus office facilities.
The teams at FAYAT Bâtiment Ile-de-France will soon start work on restructuring the existing building and creating new infrastructure (including excavations to add three new underground levels), as per the terms of the design and build contract.
On this project, led by Fayat Bâtiment, Satelec will handle all low and high voltage electrical networks, Sageces will take care of air conditioning, ventilation, heating and plumbing, and FCAI will be responsible for the overall technical management.
Congratulations to the property project team and the design office for winning this contract. We wish all the very best of luck to our works teams, who now have 30 months to deliver this project.