City Developments Ltd. Preferred Stock (C70)

Overview

Compagnie d'Entreprises CFE SA is a diversified enterprise operating across multiple sectors including real estate, multitechnics, construction, renovation, and sustainable investment. Founded in 1880 and based in Brussels, Belgium, the company has expanded its reach to deliver its services not only in Belgium but also in Poland, Luxembourg, and other international markets. CFE SA prides itself on addressing complex engineering and construction challenges, alongside developing significant real estate projects and investing in sustainable infrastructure developments such as ports and offshore wind farms. Ackermans & van Haaren SA holds a subsidiary status within the company, highlighting CFE SA's position within a bigger network of businesses.

Products and Services

• Real Estate Development

  This segment embarks on the development of comprehensive real estate projects that cover various property types. The aim is to conceptualize, design, and execute development projects that meet modern standards and user needs, catering to a broad clientele.

• Multitechnics

  CFE SA's Multitechnics segment offers a wide range of solutions including engineering, design, installation, and maintenance services tailored for electrical systems and HVAC for offices, schools, and the healthcare sector. This spectrum extends to providing advanced automation and robotization services for industrial operations, alongside specialized services for railway systems such as track and catenary installation and signaling works. Additionally, it encompasses energy transport and public lighting services.

• Construction & Renovation

  This division of CFE SA is focused on the construction and refurbishment of various infrastructure and building types, including office buildings, residential properties, hotels, schools, universities, car parks, shopping and leisure centers, hospitals, and industrial buildings. Their comprehensive service aims to deliver projects from the ground up or bring new life to existing structures through meticulous renovation techniques.

• Sustainable Investments

  Emphasizing the company's commitment to sustainability, this segment is involved in the development of greenfield projects aimed at the development of ports, industrial zones, and battery parks. A significant part of sustainable investments is also channeled towards the development and operation of offshore wind farms, reflecting CFE SA's dedication to contributing to the sustainable energy sector.