Mougin Investissements, a French-based real estate company, plans to develop its first 'Cite de l'Habitat' concept in the French city of Reims. The concept combines all the specialised contractors in the housing world - construction, renovation and fitting out - at one site.

Mougin Investissements, a French-based real estate company, plans to develop its first 'Cite de l'Habitat' concept in the French city of Reims. The concept combines all the specialised contractors in the housing world - construction, renovation and fitting out - at one site.

The 'Cité de l'Habitat' format varies between 20,000 and 35,000 m2, with shops generally less than 300 m2. The average investment is EUR 30 mln per site. Mougin Investissements aims to develop 30 to 40 programmes at a rate of three projects per year.