realease-sncm

SNCM

In December 2010, Realease got in touch with the Group Veolia through its president GĂ©rard Couturier in order to purchase the SNCM’s head office building in Marseille, located 52, boulevard des Dames.

Afterwards, Realease formed a partnership with Colony Capital to develop a project combining a hotel, shops, apartments, offices and a municipal casino.

A sales agreement was signed in October 2011 to purchase the housing complex and the transaction was developed until the building permit was issued. It was then sold to the Group ANF and EIFFAGE.