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About Novaxia

Novaxia is the leader in real estate development capital. Its business involves providing a return on investor contributions by injecting new life into outdated urban assets. With dual expertise in finance and real estate, Novaxia has developed a unique approach that combines the interests of the various parties involved in a project: investors, owners, elected representatives and local authorities, and lessors. Its objective is to ensure all stakeholders benefit from the value creation that results from recycling outdated urban assets (buildings, warehouses, wasteland) and the creation of living environments. Each project is included in a range of funds governed by the AMF and intended for private and institutional investors. Since its creation, Novaxia has distinguished itself through the completion of ground-breaking projects: first ESUS-certified fund to redeveloping a barge on the Seine into a hotel, transformation of SNCF industrial wasteland in Alfortville into a 25,000 m² city district, development of a series of former industrial warehouses listed as historical buildings into one 4* hotel in the heart of the Latin Quarter, etc. Novaxia has demonstrated innovation and expertise in the field of urban development, notably through its participation in the prestigious competitions “Reinventing Paris” in 2016 and “Let’s Invent Greater Paris” in 2017. Novaxia has redeveloped and built 375,000m², overseen real estate transactions worth in excess of €1.7 billion and raised more than €260 million from 10,600 investors. More information at www.novaxia.fr

 

About JO&JOE

Launched in September 2016 and designed to meet the expectations of Millennials and anyone who embraces their attitude to sharing, spontaneity and experience, JO&JOE is the latest Lifestyle addition to AccorHotels' Economy brand portfolio. This new hospitality concept blends the best of hotel, hostel and private-rental formats. JO&JOE offers a completely revisited experience in terms of design, food & beverage, service and customer experience. The brand aims to expand rapidly in international markets. The brand has already committed to opening locations in leading European and global cities such as Rio, Budapest, London, Krakow, etc.