Velizy 2 is one of the largest regional shopping centers in France, with a total gross lettable area of 98.000 m², 165 shops, anchored by an Auchan hypermarket and a Printemps department store. Located in Western Paris, Velizy 2 generates an annual turnover of €842 million and has 18 million visitors per year. A substantial renovation project is currently in process, with a total budget of €30 million and an estimated completion in 2007.
Velizy 2 is Rodamco Europe's third largest asset in France with an estimated value of €207 million. Rodamco Europe's portfolio in France is valued at approximately €1.5 billion, it includes nine shopping centers, of which five are located in Paris Region (Parly 2, Velizy 2, les Ulis 2, Côté Seine and Bobigny 2), and two office buildings (3% of the total portfolio)
