The Greater Paris Investment Agency Chiara CORAZZA Managing Director The Greater Paris’ strengths and weaknesses WIN - 16 October 2014.

The Greater Paris Investment Agency

Chiara CORAZZAManaging Director

The Greater Paris’ strengths and weaknesses

WIN - 16 October 2014

2

Promoting Investments►Road-shows : USA, Japan, China, India, Korea, Gulf Countries, Brazil, Russia and Turkey.

THE GREATER PARIS INVESTMENT AGENCY

20+ years of success A non-profit association created by the Paris’ Chamber of Commerce in 1991

Fostering Attractiveness►Lobbying : Greater Paris project, R&D, taxation, business environment, hospitality

San FranciscoMontréalNew YorkRio de JaneiroSao Paolo

EuropeMoscowIstanbul

JeddahRiyadhKuwait CityAbu DhabiDubaiMascateBahrein

ShanghaiBeijingSeoulTokyoJakarta

New DehliMumbaiBengaluru

3

Our Membership : Global & Major Cies10

0+THE GREATER PARIS INVESTMENT AGENCY

ABB, ACCOR, AEROPORTS DE PARIS,ALTRAN TECHNOLOGIES, BAL DU MOULIN ROUGE, BNP PARIBAS, BOUYGUES BATIMENT ILE-DE-FRANCE, CAILLIAU DEDOUIT & ASSOCIES, CAISSE DES DEPOTS, CHAMBRE DE COMMERCE ET D’INDUSTRIE DE PARIS ILE-DE-FRANCE, CHAMBRE DES NOTAIRES DE PARIS, CHAMBRE REGIONALE DE COMMERCE ET D’INDUSTRIE PARIS ÎLE-DE-FRANCE, CISCO, COLAS S.A., COLONY CAPITAL EUROPE, COMEXPOSIUM, CREDIT AGRICOLE CIB (CALYON), DEFACTO, DELOITTE, ECOLE NORMALE DE MUSIQUE DE PARIS, EDF, ERDF, ERNST & YOUNG, ETABLISSEMENT PUBLIC D’AMENAGEMENT DE LA DEFENSE SEINE ARCHE (EPADESA), ERNST & YOUNG, FEDERATION NATIONALE DES TRAVAUX PUBLICS, FEDERATION REGIONALE DES TRAVAUX PUBLICS ÎLE-DE-FRANCE, FIDAL INTERNATIONAL, FNAIM PARIS ET ÎLE-DE-FRANCE, FRANCE AMERIQUES, FRANCE TELECOM, GALERIES LAFAYETTE, GDF-SUEZ, GECINA, GENERALE CONTINENTALE INVESTISSEMENTS, GIDE LOYRETTE NOUEL, GROUPE G7, HCL TECHNOLOGIES, HERMITAGE, KLEPIERRE, IBM, KPMG, LA POSTE, La FRANCAISE, MARNE-LA-VALLEE EPAMARNE/EPAFRANCE, MEDEF ÎLE-DE-FRANCE, PORT AUTONOME DE PARIS, PWC, RANDSTAD, RATP, REGUS, RICOL LASTEYRIE, SIEMENS, SILIC, SNCF, TATA COMMUNICATIONS, TATA CONSULTANCY SERVICES, TOTAL, UNIBAIL-RODAMCO, VEOLIA, VINCI CONSTRUCTION FRANCE – ILE DE FRANCE, VIPARIS, WIPRO, XEROX …

4

WORLD LEADERS FRENCH CIES IN PARIS

5

New York 647

London 1705

Paris721Shanghai

Hong Kong1142

Sao Paulo823

1340Beijing 550

Moscow753

Barcelona518

Source : Financial Times – fDi Markets

Sydney 602

PARIS : A TOP DESTINATION FOR INVESTORSPARIS SIXTH IN THE WORLD FOR INTERNATIONAL GREENFIELD INVESTMENTS (2009-13)

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Shanghai

Hong Kong

Moscou

Paris

São Paulo

2009 2010 2011 2012 20130

50

100

150

200

250

300

350

400

450

242

290309

233215

231

225

239

239

189

270

308

389

351

305

191

170150

108

119

61

126

195

223

151

108

194

146 129

116

PARIS : A TOP DESTINATION FOR INVESTORSPARIS SIXTH IN THE WORLD FOR INTERNATIONAL GREENFIELD INVESTMENTS (2009-13)

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Source : Financial Times – fDi Markets

PARIS : A TOP DESTINATION FOR INVESTORSPARIS : THIRD BEST IMAGE (2013)

NEW YORK LONDRES PARIS TOKYO SHANGHAI HONG KONG BERLIN CHICAGO SINGAPOUR TORONTO

1 2 3 7 4 5 8 29 6 9NEW YORK LONDRES PARIS TOKYO SHANGHAI HONG KONG BERLIN CHICAGO SINGAPOUR TORONTO

1 2 3 7 4 5 8 29 6 9

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14

INTERNATIONAL INVESTMENTS CRITERIA

1st GDP ($800Bns)among European metropoles (more than Belgium or Denmark)

3rd in the world for the Fortune 500 companies

A powerful, open and highly diversified economy :High-tech, software, automobile, pharmaceutical, finance, green tech…

9

THE STRATEGIC BUSINESS CENTER IN EUROPE

10

1h

2h

90mn passengers/y. 530 cities/135 countries linked

FIRST AIRPORT HUB IN CONTINENTAL EUROPE

500 Mn consumer

s

11

2h

4h

Cruise speed: 320 km/h

Luxembourg: 1:10 Brussels: 1:20 London: 2:20 Frankfort: 2:30

500 Mn consumer

s

FIRST HIGH-SPEED TRAIN HUB IN EUROPE

53 Mn sqm

2,4 Mn new sqm in 2012

4x London

1st in Europe, 2nd in the

world

Top-of-the-line products

50% International investors

MUNICH

MILAN

MADRID

HAMBURG

AMSTERDAM

BARCELONA

LYON

ROME

DUSSELDORF

FRANKFORT

LONDON

PARISBRUSSELS

WARSAW

DUBLIN

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A KING SIZE BUSINESS REAL ESTATE

Sou

rce :

Jon

es L

an

g L

assalle 2

01

3

13

A KING SIZE BUSINESS REAL ESTATE…

… & A PRIME RISK-ADJUSTED RETURN

0

1

2

3

4

5

6

7

8

Paris London Munich Barcelona Frankfurt0

2

4

6

8

10

12

14

16

Paris London Munich Barcelona Frankfurt

0,00

0,10

0,20

0,30

0,40

0,50

0,60

0,70

Paris London Munich Barcelona Frankfurt

PRIME YIELD

VACANCY RATE (RISK)YIELD/VACANCY RATIO

Sou

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assalle 2

01

3

14

TGI Tower

Paris 17

160 m

62,000 m2

AT THE VERY CENTRE OF PARIS

By Renzo Piano

2017

Source : Bouygues Bâtiment

15

HORIZON TOWER

88 m

38,600 m2

Boulogne

By Jean Nouvel

2012

Source : Gecina

AT THE VERY CENTRE OF PARIS

16

Paris 13

50 m

Housing

By Edouard François

2025

Source : Paris Habitat

AT THE VERY CENTRE OF PARIS

17

2,000+ business events / year

33 million visitors / year

PARIS : WORLD CAPITAL FOR CONVENTIONS, TRADE FAIRS & TOURISM

1st Global City for quality of life.

Luxury hotels :• new Shangri-La, Mandarin Oriental, and

Peninsula in addition to existing Le Meurice and Fouquet’s Barriere

• refurbished : Four Seasons Georges V, Bristol Plaza Athénée, Ritz and Crillon

1st financial market in Euroland

2nd for asset management in the

world

47% owned by foreign investors

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HIGHLY SOPHISTICATED FINANCIAL PARTNERS

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1st R&D EXPENDITURE - 18.4 billion €/ year - 7.2 % of the European Union’s

- 3.05% of the metropolis’ GDP

1st RESEARCHERS’ CONCENTRATION- 147,000 researchers- 5th highest in the world- 13.1/1000 employed (4.7 in the Silicon Valley)

35 NOBEL PRIZES : 2014 in Economy and literature2nd in the world for Fields Medals

PARIS, THE R&D LEADER IN EUROPE

Harva

rd

Tokyo

univ

Keio

Univ

HEC

Kyoto

Univ

Oxfo

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Polyte

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Seoul

Nat. Uni

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3

4

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79

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610

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THE POWER OF INFLUENCEUNIVERSITY RANKING IN ALUMNI FORBES 500 CEOs

Source : Ecoles Des Mines

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The Greater Paris : An Innovative EconomyTop Cities for the Forbes 500 Innovative Companies, 2012*

*Sou

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Forb

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=ci

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HQ

Paris

New York

San FranciscoFrankfurt

MumbaiTokyo

London

Hong KongChicago

Houston

Philadelphia1

2

3

4

5

6

7

8

9

THE NEW GREATER PARIS

7major business areas

200km automatedsublines

2xexisting sublines

PARIS-SACLAY PARIS-ORLY

PARIS-PLEYEL

PARIS-LE BOURGET PARIS-ROISSY

PARIS-DESCARTES

PARIS-LA DEFENSE

THE NEW GREATER PARIS IN 2020

7major business areas

72 New stations

2xexisting sublines

PARIS-LA DEFENSE

PARIS-PLEYEL

PARIS-LE BOURGET PARIS-ROISSY

PARIS-SACLAY PARIS-ORLY

PARIS-DESCARTES

LA DEFENSE: THE EUROPEAN MANHATTAN

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LA DEFENSE

25

TOUR

MAJUNGA

64,000 m2

200 m

Inaug. 2014

Sourc

e :

EPA

DES

A

26

D2

TOWER

54,000 m2

180 m

Source : EPAD

CARPE

DIEM

47,000 m2

160 m

27

Sourc

e :

EPA

DES

A

HERMITAGE PLAZA

270,000 m2

300 m

28

LE BOURGET

THE AERONAUTICS CLUSTER : LE BOURGET

29Source : GIFAS

GREATER PARIS, AERONAUTIC WORLD CLUSTER

100,000 staff1,100 firms15 €Bns turnover80% in exportsCommands in 2011: + 27%

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SACLAY

THE EUROPEAN SILICON VALLEY : PARIS-SACLAY

SACLAY, IT&NUCLEAR WORLD CLUSTER

3131

Nanotechnologies Advanced transportation Complex Systems

31

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INVESTING IN THE GREATER PARIS

MULTIPLYING RETURNS

+ US$ 42 Bns public investments

+ US$ 80 Bns private investments

+ US$ 250 Bns GDP

McK

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, D

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009

Chiara CORAZZA

Managing Director

www.greater-paris-investment-agency.com