Bouygues Immobilier is a leading private property developer in France and Europe, with 1,908 employees at 31 December 2017 and sales of €2,712 million in 2017. With 39 branches in France and four outside France, Bouygues Immobilier has nearly 60 years' experience in developing residential, corporate and commercial projects in more than 250 towns and cities. Bouygues Immobilier has a strong commitment to innovation and sustainable development and therefore seeks to provide better quality of life over the long term for all its customers by making their experience of the buying process and the use they make of the living spaces and services created for them as pleasant as possible. Bouygues Immobilier is the first developer to be certified ISO 9001 in France, NF Habitat HQE, and Top Employer France 2017, and to win the 2016 prize for the best customer relations awarded by the French Customer Relations Association (AFRC).
Located in Montfort L'Amaury and founded in 1986, LOTICIS specialises in urban planning operations in the Greater Paris area that preserve the landscape. These are marketed either in macro-lots to property companies (developers, social landlords), or directly to retail customers as buildable land.
These companies, which currently employ around 15 people, are to become Bouygues Immobilier subsidiaries and will continue to collaborate with their former senior management.
Thanks to this new acquisition, Bouygues Immobilier will be integrating a new line of business that fits well with its core activities, thus helping to expand its single-family homes segment in the Paris region.
François Bertière, Chairman and CEO of Bouygues Immobilier said : « Thanks to the expertise and know-how of LOTICIS and LE CHÊNE VERT, we'll be able to launch small residential apartment block as well as single-family home developments throughout the Greater Paris region, thus reinforcing Bouygues Immobilier's range of property development activities ».