On March 14, 2018, Icade Promotion and REI Habitat signed a co-development partnershipagreement with respect to several wood-based construction projects over the next few yearsin the Paris region and major French cities.

 

Their goals include:

  • Stepping up wood construction in France and completing 200,000 sq.m of mixed wood andconcrete buildings throughout the country in the next few years.
  • Pooling their skills and spearheading an R&D programme on wood-based buildings of thefuture.
  • Exploring innovative uses associated with ecology—urban agriculture, social economy, zerowasteobjectives, reduced energy consumption, etc.
  • Entering into an exclusive partnership with players in the French forestry and wood industry(carpenters, sawmill operators, forest management companies) consistent with shortersupply chains and traceability.

 

The projects resulting from this partnership, developed by Icade’s Urban Synergies, will be showcases for environmental transitionin the construction industry and inventing the city of the future: Reinventing Cities C40, sites for Projects of National Significance (OIN),large-scale urban development projects, etc.

The partnership that we are entering into represents close to €1 billion in estimated future revenue for the new French wood economy. It will enable our industry as a whole to become one of the international leaders in ecological building

Paul Jarquin CEO and Chairman of REI Habitat

Icade Promotion - REI Habitat partnership in figures

  • 200,000 sq.m of new builds
  • Jobs created (direct and indirect): 10,500 FTE people
  • Carbon avoided: 77,000 tonnes
  • Timber used: 70 000 m3

Contact

Marylou Ravix

Press Relations