VINCI Signs the Partnership Contract for the Dunkirk Arena
RUEIL-MALMAISON, France -- October 26, 2012
*France's first "new generation" Arena
*A partnership contract spanning more than 27 years
*A total investment of €112.4 million
VINCI Concessions (Paris:DG) has just signed the partnership contract with the
Communauté Urbaine de Dunkerque (Dunkirk urban community) to build and operate
the Dunkerque Arena stadium. The signing was attended by Michel Delebarre,
Senator-Mayor of Dunkirk and President of the Dunkirk Urban Community, and
Xavier Huillard, Chairman and Chief Executive Officer of VINCI.
The 332-month partnership contract covers design, financing, construction,
operation and maintenance of the Arena. It will have two halls with a combined
seating capacity of 10,700 as well as VIP seats, boxes and walkways serving
the stands and the shopping and reception areas. Contributing to the
development of its two clubs, the USDK handball club and the BCM Gravelines
Dunkirk basketball club, the Arena will symbolise local sports prowess and
serve as a new entertainment and culture venue for the city of Dunkirk and the
surrounding region. It is scheduled for handover in time for the 2015
basketball and handball season.
Design and construction of the Arena, expected to take 36 months, will be
carried out by VINCI Construction France through its subsidiaries ADIM Nord
Picardie, SOGEA CARONI and DUMEZ EPS, in association with local SMEs.
Architectural input will be provided by Chabanne & Partenaires, in partnership
with AvantPropos and AB+Architectes.
Upkeep and maintenance will be entrusted to VINCI Facilities.
Commercial operation of the Arena, including facilities management and
sporting fixture / events programming, will be handled by the Société
Dunkerque Arena (SDA) company, which will be remunerated via an annual fee
paid by the CUD.
The Dunkirk Arena will thus join the network of stadiums operated by VINCI
Stadium, a VINCI Concessions division, which develops business expertise in a
new model of stadium and arena operation.
The project accounts for a total investment of €112.4 million, to be financed
- an initial CUD contribution of €37 million (of which €10 million as an
advance payment of the fee)
- an SDA equity contribution of €6 million
- bank financing amounting to €69.4 million
VINCI Concessions is a major player in sports infrastructure with several
prestigious references: the Stade de France in Saint Denis since 1998, the
MMArena in Le Mans since 2008, and more recently the Allianz Riviera stadium
in Nice and the New Bordeaux Stadium.
Tel.: +33 (0)1 47 16 31 82
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