Insights > Deals

Groupe Duval pursues asset conversion in Lille

2 June 2026 | Asset Acquisition | France | 400 units | Re-development

The Duval Group has been named winner for the conversion of the Administrative City of Lille, the city’s iconic building.

Key details

Asset type

Asset acquisition

Location

Lille, France

Capacity

400 units

Buyer

Groupe Duval

Seller

City of Lille

Value

€6.07 million


Groupe Duval plans to redevelop Lille's former Administrative City into a mixed-use scheme spanning more than 20,000 sqm. The project will combine residential, student accommodation, retail, food and beverage, and cultural uses, creating a new urban destination within the city.

The residential component will include approximately 400 PBSA beds, around 170 units of social and affordable accommodation for students and young professionals, and nearly 90 additional homes across intermediate, social rental, and shared-equity housing tenures.

Strategic context

Through this operation, the Duval Group confirms its ability to transform historic and iconic buildings into innovative and sustainable urban projects, combining attractiveness, use and environmental responsibility.

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