An investment in Green Bonds for the first eco-neighborhood in La Réunion, called La Kanopée.

11/02/2021

An ambitious project led by an experienced real estate operator.

The La Kanopée program is helping to create a new town center for the Municipality of La Possession combining quality of urbanization, digitization and improvement of biodiversity. A place of technological innovations (which aim, among other things, to be self-sufficient when it comes to energy consumption) and innovations in use (“short-distance city”, shared gardens, shared parking, etc.), the Coeur de Ville eco-district was awarded 1st prize for sustainable city in 2018 at the Smart Island World Congress in the Balearic, as well as 2nd prize in the Green Solutions Awards during COP 24 in Katowice, Poland.

The future block #7, financed by the green bond issue and Sofiouest, will offer a mix of uses to meet the needs of its residents. With a total area of 29,000 m2, a third of which will be ground-level, Kanopée will bring together 243 housing units, shops, offices, a health center and 400 shared parking spaces. Its walkable street will include about thirty shops and restaurants as well as a new supermarket designed as a covered market.

Developed by the Réunion subsidiary of the Alsei Group, a national operator established in Reunion for more than a decade, the project has broken ground and will be delivered in early 2023. The developer has already built more than 500 housing units in this new district, which will eventually have nearly 1,500.

 

Sofiouest: Partner of impactful projects.

The support provided by Sofiouest to this project echoes its desire to favor socially responsible investments. La Kanopée has all the characteristics of a real estate project with a positive impact: Green design of the neighborhood and buildings, inclusion through social housing and accessibility for people with reduced mobility, bioclimatic construction of the buildings and energy efficiency efforts making it possible to attain BREEAM Very Good certification, waste recycling and green building sites, the importance of biodiversity and shared mobility, and more.

 

February 2021

image description