Source: Ginkgo - data as of 31/12/2023. The mention of certain investments does not constitute a recommendation to buy or sell the securities of the companies presented.
Asset Management
Ginkgo
Market opportunity
Within the European landscape, urban regeneration, by unlocking developable land, addresses two distinct but critically linked challenges.
- The first concerns the most competitive regions of the Eurozone, where a shortage of developable land impedes the development capacities of cities, which in turn impedes economic development and social well-being.
- The second challenge comes from growing urbanisation, which often results in urban sprawl, leading to excess material consumption and emissions, biodiversity loss and to a fragmented social fabric.
By “rebuilding the city upon itself”, Ginkgo contributes to limiting urban sprawl while delivering the quantity and quality of homes, offices and commercial premises needed in the most dynamic European urban centers.
Investment strategy
- Identification and acquisition of environmentally impaired brownfield sites and obsolete buildings that are well located in dynamic urban areas with high redevelopment potential.
- Remediation of these sites using innovative and sustainable techniques to make them compatible with their future uses.
- Redevelopment of mixed-use real estate projects that are in line with national and European sustainable development objectives such as the reduction of soil artificialisation, the preservation of biodiversity, waste recovery and energy efficiency.
Value creation
- Development of liquid and valuable real estate asset.
- Significant positive environmental and social impacts:
1/ Protecting NAF (Natural, Agricultural and Forestry) land by reducing urban sprawl.
2/ Tackling security and sanitary issues through the comprehensive and long-term treatment of environmental liabilities.
3/ Construction of buildings that address sustainability challenges such as energy efficiency and climate change adaptation.
Investment team
The Ginkgo team is composed of experts in remediation, project structuring, finance, urban planning, real estate development, ESG and impact.
Target allocation
Geography: Europe
Industrial sites in economically dynamic areas with high growth potential.
Case study:
Pantin, France
Rebuilding the city on the city
Site undergoing decontamination, Pantin (Ginkgo Fund)
Regeneration of a 4.1 ha industrial site near Paris, along the Canal de l'Ourcq, 1 km from the Parc de La Villette and the 19th arrondissement of Paris.
Remediation of the site contaminated with hydrocarbons, HCT/PAH, VOC, naphthalene and BTEX.
Construction of an 87,300 m² tertiary campus comprising:
- Offices – 56,600 m²
- Ancillary and business facilities – 2,900 m²
- Managed residences – 16,800 m²
- Rehabilitated historic halls – 11,000 m²
87,300
m² redevelopment plan
+11.4M
EUR environmental remediation budget
36.8 ha
Nature protected from artificialisation