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Société Foncière Lyonnaise (SFL)

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Last update December 1, 2022 | Report an error

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Contributors

Alexia Abtan Karsenty

Directrice des investissements et de l’innovation

Stéphane Blanc

Directeur de l'ingénierie et de l'exploitation durable

Fabienne Boileau

Directrice financière

Pierre-Yves Bonnaud

Directeur de l’asset management et de la gestion clients - Directeur général Locaparis

Dimitri Boulte

Directeur général

Alexia Abtan Karsenty

Directrice des investissements et de l’innovation

Stéphane Blanc

Directeur de l'ingénierie et de l'exploitation durable

Fabienne Boileau

Directrice financière

Pierre-Yves Bonnaud

Directeur de l’asset management et de la gestion clients - Directeur général Locaparis

Dimitri Boulte

Directeur général

Thibault Demonchaux

Directeur adjoint du pôle asset management et gestion clients

François Derrian

Directeur des ressources humaines

Thomas Fareng

Responsable communication

Émilie Germane

Secrétaire générale

Aude Grant

Directrice générale déléguée - Directrice des opérations

Virginie Krafft

Directrice commerciale

Jérôme Lacombe

Directeur général adjoint

Éric Oudard

Directeur technique et développement

Fabrice Ruchaud

Directeur des systèmes d'information

Nicolas Tennevet

Directeur développement et grands projets

Marie-Laure Vignon

Directrice adjointe du pôle asset management et gestion clients

Pere Viñolas Serra

Président du conseil d'administration

Listed

Buoyed by its rental income, SFL has limited the damage in 2023

Despite a host of encouraging operating indicators, SFL saw the value of its property assets fall by 10.5% on a like-for-like basis over the (...)

Finance

"In a turbulent market, we are doing well"

Business Immo: How is Knight Frank doing in France? Vincent Bollaert: The year is shaping up well (Knight Frank will close the current financial year (...)

Hospitality

More than €200m spent on a Parisian palace

In 2023, the hotel market has withstood the crisis. The proof is in the XXL deal signed for an Italian investor in December, in (...)

Office

Tomorrow's office more technological, ecological and free… but still popular (SFL/Ifop)

How will we work in ten years' time? What will the office look like then? These are the questions that SFL and Ifop set (...)

Office

In France, the WeWork "crash" raises more questions than answers

It's the end of a success story that began in New York in 2010, under the impetus of Adam Neumann and Miguel McKelvey, the (...)

Office

WeWork calls on landlords to renegotiate all its leases

"There is substantial doubt about the company's ability to continue as a going concern." Last month, WeWork had already cast doubt on its future (...)

Listed

Parisian prime serves SFL well in H1 2023

Given the macroeconomic storm of the past 12 months, the half-yearly results of listed real estate companies have rarely been as eagerly awaited as (...)

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 - (...)

Retail

SFL makes Adidas' arrival in the Galerie des Champs-Élysées official

As revealed by Business Immo, SFL has signed a firm 7-year lease on the Galerie des Champs-Élysées, located at 88 Avenue, with the Adidas (...)

Office

"Our 99.5 % occupancy rate rewards our investment strategy"

Business Immo : SFL has a 99.5 % occupancy rate. What does this figure mean to you ? Dimitri Boulte : It's a historical, (...)

Office

Paris CBD, a district like no other

What is Paris CBD? The question may make you smile, but... Everyone has their own definition of the district, "depending on the underlying real estate," (...)

Office

SFL to turn the page on the Louvre des antiquaires with Cartier

This is the next real estate transaction that SFL will deliver. After handing over the 25,000 sqm of its Biome building (15th arrondissement of (...)

Retail

Adidas to move its Champs-Élysées flagship

For the retail real estate market in Paris, it's signed. Adidas plans to move its current Champs-Élysées store from the bottom of the avenue (...)

Finance

Germany leads Q4 slump for European CRE investment (MSCI)

European commercial real estate investment plummeted in the final quarter of last year, led by Germany amid a generalized slump in values and total (...)

Office

Greater Paris Crane Survey: the slow decline in office production

Are offices still being built in Paris and the inner suburbs? The answer is yes! To be more precise, not only are new offices (...)

Career

Dimitri Boulte, new CEO of SFL

Chaired since last April by Pere Viñolas Serra, the Board of Directors of Société Foncière Lyonnaise (SFL), an affiliate of Spain's Colonial, has decided to appoint (...)

Office

SFL sells Issy-les-Moulineaux's "Le Vaisseau" for €27m

Paris-based REIT/SIIC SFL, an affiliate of Spain's Colonial, has sold the "Le Vaisseau" office building, located on Ile Saint-Germain in Issy-les-Moulineaux, to the Institut Catholique de Lille, which (...)

Career

Pere Viñolas Serra appointed Chairman of SFL

At its meeting held immediately following the annual general meeting of 7 April 2022, the board of directors of Société Foncière Lyonnaise, a subsiary (...)

Office

SFL acquires Paris 15th's 39,500 sqm Pasteur building from Primonial REIM France

Paris-based REIT/SIIC SFL, , an affiliate of Spain's Colonial, and Primonial REIM France entered into an agreement under which Primonial Reim France undertakes to sell to SFL (...)

Listed

Colonial and SFL want to reclassify all their outstanding bonds as green bonds

Colonial and its French subsidiary SFL have announced their intention to convert all outstanding bonds of the Colonial Group, representing a total amount of (...)

Office

SFL leases 10,000 sqm in Paris 8th’s Washington Plaza business center

SFL announces that it has re-leased 10,000 square meters in the Washington Plaza complex, located in the 8th arrondissement of Paris and now fully occupied. (...)

Office

"The office of the future must integrate employees' commitments"

Business Immo: The eighth edition of your Paris Workplace barometer on offices is entitled "Offices with impact". How would you define this concept? Aude Grant: (...)

Listed

Are SIICs inoculated against Covid-19? - iread

Stock market performance: glass half empty... Despite the vertiginous fall in share prices experienced by the entire stock market as soon as the health crisis (...)

Office

SFL to sell Paris 8th’s 9 avenue Percier to Deka Immobilien

As part of its asset rotation policy, Paris-based REIT/SIIC SFL is continuing to sell off "mature" assets in Paris. After selling 112 avenue Wagram, (...)

Office

Aviva Investors acquires Paris 17th’s 112 Wagram from SFL for €120m

Aviva Investors has just acquired the 112 Wagram building from Paris-based REIT/SIIC SFL, on behalf of one of its principals, for a net selling (...)

Office

Goldman Sachs to make 83 Marceau its future Paris headquarters

Despite the context of the health crisis, rental negotiations are continuing for prime office assets in the Paris CBD. According to BI sources, the real (...)

Listed

SFL completes €500m bond issue

Société Foncière Lyonnaise (SFL), the Paris-based office REIT 82% held by Spain's Colonial, successfully issued €500m worth of seven-year bonds maturing on 5 June 2027 and (...)

Listed

After logistics sale, Spain's Colonial analysing assets worth €1bn

Spanish REIT/SOCIMI Colonial, fresh from the €425m sale of its logistics portfolio, aims to continue expanding in office and is now analysing some €1bn in assets for (...)

Logistics

Prologis Europe's winning bid for Colonial's Spanish logistics portfolio said at €425m

Prologis European unit has won the bid to purchase a 473,000 sqm Spanish logistics portfolio owned by REIT/SOCIMI Colonial for a price reported at €425m. The (...)

Listed

Spain's Colonial boosts 1H net 66% to €69m, sees strong business model

Spain-based office REIT/SOCIMI Colonial boosted recurring net profit by 66%yy to €69m in the first half-year, and said the earnings set strengthens the group's business (...)

Logistics

Spain's Colonial said selling logistics portfolio with €400m price tag

Spanish REIT/SOCIMI Colonial is reported to be preparing its entire logistics portfolio for sale in a deal that could fetch up to €400m. The portfolio is (...)

Listed

Spanish Colonial's recurring net surges 22% to €101m after busy 2018

Recurring net profit for Spanish REIT/SOCIMI Colonial surged 22% to €101m in 2018 and its portfolio revalued by the same amount to €11.35bn after a (...)

Listed

Paris office REIT SFL reports 4.1% EPRA earnings rise to record €107m

Société Foncière Lyonnaise, the Paris office REIT 82% held by Spain's Colonial, reported a 4.1% rise in EPRA earnings to a record €106.7m in 2018, and portfolio value (...)

Office

Spain’s Colonial looks forward to organic growth after busy 2018

Spanish office REIT/SOCIMI Colonial, after a takeover and a readjustment of capital this year, is looking ahead to delivering organic growth with a rise (...)

Listed

French SFL stake increase helps Colonial to first BBB+ S&P rating

Spain's Colonial has become the first Spanish REIT to obtain a BBB+ credit rating from US agency S&P after taking 81% of France's Société (...)

Listed

Spain's Colonial acquires Qatar stake in French SFL to raise holding to 81%

Spanish REIT Colonial is raising its stake in France's Société Foncière Lyonnaise by 22pts to 81% by buying Qatar Investment Authority's entire holdings in (...)

Listed

Spanish Árima starts IPO as Madrid office REIT aiming at 15%

Spanish REIT/SOCIMI Árima, created by former executives of Axiare Patrimonio, has launched its IPO at €300m, saying it aims to be a Madrid office pure-play targeting (...)

Retail

Paris' €600m Eurostar terminus facelift to put it on par with St. Pancras

Eurostar users take note! After a €600m facelift, the Gare du Nord terminal in central Paris will be the equal of London's St. Pancras, according (...)

Listed

Spain's Colonial grows 1H net 12%; Axiare merger ups AUM to €11bn

Spain's largest listed office owner, REIT/SOCIMI Colonial, raised first half recurring net profit 12%yy to €41m and said the consolidation of just-acquired Axiare expanded gross AUM 29% (...)

Listed

Paris office REIT SFL posts 4% 1H rise in EPRA earnings to €52m

Paris office REIT/SIIC Société Foncière Lyonnaise, an affiliate of Spain's Colonial, reported a 4.1%yy first half rise in EPRA earnings to €51.7m, though lower (...)

Finance

Time for real estate to embrace digital tech - MIPIM PropTech Europe

Live from MIPIM PropTech Europe (Paris) - New research released on the opening day of MIPIM PropTech Europe in Paris suggests that while new technologies are transforming (...)

Finance

"We have replayed the transaction of the In/Out building with blockchain ..."

Business Immo: Can you introduce Olarchy? Michael Sigda, Cyrille Berthet and Antoine Yeretzian: Olarchy is a platform created by us three in 2018 that will allow real estate (...)

Listed

Spain's Colonial raises €650m after Axiare merger creates €11bn SOCIMI

Spain's Colonial becomes the nation's largest REIT/SOCIMI with 11bn AUM after it agreed a merger with peer Axiare following a takeover accepted by 87% of Axiare shareholders. Colonial (...)

Finance

Spanish SOCIMI success story set to go further - EPRA/Iberian Property conf.

Spain's REIT/SOCIMIs have succeeded in the government's aims of reviving the nation's previously depressed real estate, boosting the economy and creating jobs, the EPRA/Iberian (...)

Office

Spanish office REIT Colonial 2017 net jumps 149%, recurring up 14%

Spanish office REIT/SOCIMI Colonial, which owns a majority in France's SFL, said attributable net profit last year, prior to its takeover of Madrid peer Axiare, jumped 149% (...)

Finance

French REIT SFL, controlled by Spain's Colonial, boosts 2017 net by 36%

Société Foncière Lyonnaise, a Paris office REIT/SIIC controlled by Spain's Colonial group, raised 2017 EPRA earnings by 1.5% to €102.4m though attributable net profit surged more strongly - (...)

Finance

Spanish REIT Colonial's takeover bid for peer Axiare declared successful

As expected after the board of Spanish REIT/SOCIMI Axiare approved a takeover offer by peer Colonial, a majority of its shareholders accepted by the (...)

Finance

Spain's Colonial raises another €416m for Axiare bid in accelerated rights issue

Hard on the heels of an €800m bond issuance to help finance its €1.46bn bid for peer Axiare, Spanish REIT/SOCIMI Colonial has added another €416m to (...)

Finance

Spanish Colonial’s bid for Axiare thrown into confusion as BoA, funds raise stakes

Spanish REIT Colonial’s takeover bid for peer Axiare has taken a confusing turn after Bank of America declared a 6.7% stake in the target, Boston fund Wellington (...)