Business Immo, the real estate website
Finance

At Mipim, real estate investors want to believe in a normalisation of the market

After the macroeconomic storm of the last two years, whose thick fog forced property investors to put their allocation decisions on hold, could it (...)

Finance

"Buying against the cycle is always very interesting"

Business Immo: Are you active in these difficult times? Diego Roux: Yes, very clearly, both in terms of investment and rental activity. 2023 was a (...)

Finance

Finally the year of the new cycle?

"Central banks have a mandate to ensure price stability in the medium term, so they had no choice but to raise their interest rates", (...)

Finance

Geographical diversification and value-adding, the new keys to the property market?

As we know, the European Central Bank's (ECB) initial wait-and-see attitude, particularly in the first half of 2022, led to a harmful delay in (...)

Housing

"The beginning of the end of the crisis"

Business Immo : What impact has the crisis had on the Réalités group ? Yoann Choin-Joubert : A tsunami hit the entire sector, with (...)

Finance

Past performance is no guarantee of future performance

Judging the prospects for property investment over the next 20 years is a perilous exercise, and one that calls for modesty. A few introductory (...)

Finance

Paris remains an attractive property location... for the time being

Buoyed by the depth and liquidity of its property market, Paris has once again done well in the "Emerging Trends in Real Estate Europe" (...)

Finance

ECB ends series of ten consecutive rate hikes

The event is rare enough to merit a mention. The European Central Bank (ECB) has decided not to raise its key rates after ten (...)

Office

Lyon's office rental market falls 27 % in Q3 2023, office investment 45 %

The slowdown in the Lyon market observed in the 1st half of the year was confirmed in the 3rd quarter, according to JLL. With (...)

Finance

"There is an offensive stance to be taken at the moment to create a competitive advantage"

Business Immo: The market environment is particularly difficult at the moment. What is your assessment of the property markets as we approach the end (...)

Finance

Just under €1.8bn invested in French commercial property in Q3 2023

"At a time when the ECB has just raised its benchmark rate to a record level and the 10-year OAT has reached its highest (...)

Finance

Decline in SCPI inflows: what impact on the investment market?

For some months now, the debate about the state of SCPI funds has been raging among investors. Everyone has their own comments to make, (...)

Finance

"For the next five years, the asset story will be more important than the sector selection"

Business Immo: How do you analyse the European commercial real estate at the moment given the macroeconomic tensions felt in recent months? Mike Bessell: All (...)

Finance

Inflows to French retail real estate funds plummet in H1 2023

According to Aspim and IEIF, retail real estate funds, like SCPIs and OPCIs, collected €4.1bn in H1 2023, down 53 % on H1 2022. "The (...)

Finance

The debt funding gap looms over the property industry

The pre-pandemic years were a good time for the French property markets. "Property investment continues to be very dynamic in France, particularly with commercial (...)

Finance

Financing : the « crash test » at the end of the year ?

Four percent. This was the refinancing rate set by the European Central Bank (ECB) on June 21, raising the key rate another notch - (...)

Finance

Only €6.2bn invested in French commercial property since the start of the year

After a sluggish start to the year, the French commercial property investment market has been even less active over the past three months. "At (...)

Finance

Eurozone in recession in early 2023, GDP revised downwards by Eurostat

The Eurozone entered a technical recession at the start of the year, with GDP declining for two consecutive quarters, by 0.1 % between January (...)

Office

Will office transactions rebound faster in London?

According to a recent Savills survey, the correction in office prices is underway throughout Europe. But London seems to have completed its correction in April, (...)

Finance

The times they are changing... and the real estate cycle with them

A lot can change in a year. “At the end of 2021, real estate market activity was dynamic," recalls Christoph Knaack, CEO of Preqin, (...)

Finance

« What's going on in the investment market ? »

Business Immo : Each Mipim has its own context. What do you retain from this 2023 vintage ? What is the state of mind (...)

Finance

Will 2023 be a year of (re)definition for real estate markets?

"The specificity of the current period is that it distinguishes between two time scales: the first around a peak in inflation that may or (...)

Finance

After a 2021 recovery, French real estate professionals are apprehensive about the incoming financing storm (IEIF/IFPImm)

After seeing their production drop from €26bn to €20bn between 2019 and 2020, due to the Covid-19 pandemic, real estate financiers produced €30bn in (...)

Finance

More than €3bn of transactions pulled from the French investment market over the summer

"Between July and August, we recorded between €5bn and €6bn in unsuccessful marketings, either due to a lack of supply or because the offers (...)

Finance

Prepare for recession, says Nouriel Roubini at EPRA

The economist, a professor at New York University's Stern School of Business and the chairman of the Roubini Macro Associates economic consultancy firm, is (...)

Finance

"European real estate could lose 7 % in a stagflation scenario"

BiTV Interviews welcomes Thomas Verbraken, Executive Director in Risk Management Solutions Research at MSCI. In recent blog post, he addressed how Eurozone inflation and ECB policy (...)

Finance

European non-listed real estate performance remains resilient in Q1 2022 (INREV)

  European non-listed real estate delivered its fourth consecutive quarter of strong positive performance in Q1 2022. The INREV Pan-European Quarterly Asset Level Index posted (...)

Finance

“The pricing of real estate remains attractive compared to other asset classes”

Business Immo: M&G Real Estate reported a record fund-raising for its M&G European Property Fund in Q1 2022. How do institutional investors view real (...)

Finance

IEIF lists the first impacts of the Ukraine war on the economy and real estate

What are the first impacts of the war in Ukraine on the economy and real estate? Béatrice Guedj and Pierre Schoeffler, Senior Advisors at (...)

Finance

Growth, inflation, interest rates: where will the French property market go from now until 2024? – IEIF

The exceptional economic situation in 2020 did not allow for a numerical forecast last year. This is not the case today. Using sophisticated econometric (...)

Finance

Return of inflation: what about the property markets?

"Inflation has returned with a vengeance to the financial markets. Its evolution is rightly the focus of concern. "This is the observation made by (...)

Housing

In times of uncertainty, block residential reinforces its attractiveness — Primonial REIM

Primonial REIM has just published a recent study about the office, commercial, residential, health, and hospitality markets. “Although the lockdown reduced the volume of (...)

Housing

A drop in activity is expected on the French housing market in 2020 — Fnaim

The French national real estate federation — Fnaim — estimates in its latest note on the French housing market, that the significant drop in market activity (...)

Office

"Core assets should be favoured, even more so than yesterday"

Business Immo: How do you see the current context related to the coronavirus? Julien Pinault: The circumstances are, in more ways than one, exceptional. The (...)

Finance

With capital overflowing, where can CRE investors find returns?

Annual global private real estate fundraising exceeded $150bn for the first time in 2019, according to a recent study by London-based research firm Preqin, (...)

Listed

Hamburg's alstria places €400m bond to refinance old maturities

Hamburg's alstria office REIT has placed a corporate bond with a nominal value of €400m and a fixed coupon of 0.5%, aimed to refinance (...)

Finance

ECB's renewal of covered bond purchases threatens market consolidation

The European Central Bank's renewal of covered bond purchases threatens the market consolidation and risks further damage to it, says the German association of Pfandbriefbanks (vdp). The (...)

Finance

Increases in European commercial property rents seen modest in 2019

With only modest economic growth and a slower rise in employment, 2019 is likely to show only limited rises in European commercial property rents, (...)

Finance

Reshuffling the investment pack in Europe’s Big Three

UK, on the ropes but not out yet The United Kingdom was on the ropes in 2018 but still managed to hold on to its title (...)

Finance

German real estate in good shape even if economy is slowing - Quo Vadis conference

Even if the German economy is slowing, its real estate is in good shape and any rise in ECB interest rates will be postponed (...)

Office

Patrizia buys Frankfurt Eurotower for €575m for Taiwan's Fubon Life

Paying €575m on behalf of Taiwan's Fubon Life Insurance group, Germany's Patrizia has acquired the Eurotower office building in Frankfurt, the European Central Bank's former HQ. The 148 m., (...)

Office

European real estate continues to shine despite macroeconomic risks - RICS

Europe continued to show strongest momentum of all global real estate markets in third quarter, with German cities, Netherlands, Portugal and some central Europe (...)