Universal Registration Document 2024

1 PRESENTATION OF THE GROUP GROUPE ADP’S ACTIVITIES

The area available for real estate in 2024 broke down as follows:

Aeronautical

Diversification

Total 1,194

(in hectares)

AREAS DEDICATED TO REAL ESTATE

448

746 218 263 265

Land reserves 1

50

268 499 427

Land used for ADP buildings Land leased to third parties

236 162

1 Areas of buildable land reserves (net of biodiversity and ongoing projects).

The planned development projects include projects compatible with the urban planning rules in force in the municipalities where the Group is located (SDRIF, CDT, SCOT, PLU, etc.) 1 and must be part of the airport master plan. These plots of land (land reserves) were reduced by 11 hectares at end-2024, and stood at 268 hectares compared to 279 hectares in 2023 mainly due to the leasing of land at Paris-Charles de Gaulle airport and plots transferred for aeronautical needs at Paris-Orly. Land leased to third parties was located at Paris-Charles de Gaulle, Paris-Orly and Paris-Le Bourget airports as well as at civil airfields. The value of these plots of land breaks down as follows: the land at Paris-Charles de Gaulle airport accounts for 70% of the total value, land Paris-Orly airport for around 20% and those at Paris-Le Bourget airport and general aviation airfields for around 10%. At 31 December 2024, the assets dedicated to real estate activities were valued at €4,040 million, of which €3,574 million in investment buildings as detailed in chapter 18, in note 6.3.2 of the Group’s consolidated financial statements. The assets include over €466 million in buildings occupied by Groupe ADP for its own use, the assets held by its equity-consolidated subsidiaries and assets restated according to IFRS standards under finance leases.

The value of land reserves available for building (268 hectares) was €221 million at 31 December 2024. These plots of land (land reserves) are the subject of development master plans by neighbourhood, which make their development potential more reliable. These plans take into account knowledge of the local real estate market, the urban planning regulations of the municipalities or community urban area, a realistic assessment of the building potential for each hub based on the development of the master plans and the strategic orientations of each airport. Knowledge of development costs helps to ensure the economic viability of projects. Based on the Group’s estimates, together, the land reserves totalled buildable potential of approximately 1.127 million sq.m. at the end of 2024. This real estate development estimate helps clarify the Group’s very short-term vision, in line with the projects already initiated. Some are redirected to future projects according to both the strategy of each airport and changes in the local real estate markets. It is not a forecast.

LEASED BUILDINGS The floor space marketed at the end of 2024 amounted to nearly 1,025,000 sq.m. The average occupancy rate for the total scope is nearly 85% and the financial occupancy rate is more than 92.6%. Leased surfaces break down as follows:

Aeronautical

Diversification

Total 1,025

(in thousands of sq.m.)

Rented places Cargo buildings

587 290 201

437

54

344 201

Maintenance hangars

Business and logistics premises

69

92 89

161 110 195

Offices

21

Internal rentals Other buildings

5

190

1

12

13

1.1.2.3.2 Positioning of the real estate activity Groupe ADP has a leading position on the Paris region’s real estate market thanks to the following assets: u improved public transport services: thanks to the arrival of line 14 to Paris-Orly on 24 June 2024 and in the medium term the completion of the CDG Express, line 17 at Paris Le Bourget and Paris-Charles de Gaulle in 2030 and line 18 to Orly; u a privileged geographic location because of the proximity to Paris and the location of the assets and land at the heart of two of the largest economic hubs in the Paris region, which are an essential driver of the national and regional economy;

u high-quality assets: spread over three complementary hubs, Groupe ADP’s assets are developed with a sustainable approach (eco-design, eco-construction) and with high certification targets (HQE “Excellent”, BREEAM “Very Good”, etc.); u significant land reserves: the ability to provide large, single-use areas of land within districts that are already largely connected to the airport provides an opportunity for companies seeking to group together large office spaces, warehouses and courier services close to Paris.

1

French urban planning rules.

38

AÉROPORTS DE PARIS w UNIVERSAL REGISTRATION DOCUMENT 2024

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