Villages Nature finalized the financing of its first stage of development
Marne - la - Vallée, May 25 th , 2014 – The groups Euro Disney S.C.A. and Pierre & Va cances - Center Parcs , along with their 50/50 joint venture, Les Villages Nature de Val d ’ Europe S.A.S., announced the signing of financing agreements for the initial stage of Phase 1 construction on Villages Nature, backed by institutional investors, plus minority financing f rom the two groups. With the signing of these agreements, construction can begin on the initial stage of the development , which is targeted to open to the public in 2016.
Conceived by Euro Disney S.C.A. g roup and Pierre & Vacances - Center Parcs G roup, Villages Nature is a new, innovative European eco - tourism destination designed for short and medium - length stays. Villages Nature is located 32 km (20 mi) east of Paris in Seine - et - Marne. It straddles the towns of Villeneuve - le - Comte, Bailly - Romainvilliers and Serris, set part in the Brie Boisée district and part in Sector IV of Marne - la - Vallée/Val d’Europe.
Villages Nature ’ s development takes its inspiration from the model that has been the cornerstone of Pierre & Vacances - Center Parcs G roup ’ s success for the past 45 years. The model is based on the sale of recreational facilities and accommodation units to institutional and individual investors. The properties are then leased to a subsidiary of the Villages Nature company, responsible for their operation and management.
For this initial stage of construction, the investments related to Villages Nature’s recreational facilities are made by a group of institutional investors. The accommodation units, a combination of cottages and apartments , are mainly sold in bulk to a real estate company to be subsequently sold to individual investors. Some 200 units have already been marketed to individuals by the sales agent Pierre & Vacances Conseil Immobilier, a subsidiary of Pierre & Vacances - Center Parcs G roup.
The initial stage of Phase 1 of Villages Nature will involve the construction of 916 cottages and apartments classified as tourist residences as well as recreational facilities such as the Aqualagoon, a large 11,500 m² (124,000 ft²) water complex – one of the biggest indoor water parks in Europe – with an attached outdoor lagoon where guests can swim in water heated to more than 30°C (86°F) using geothermal power.