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Eurosic

Investment fund - Investor

Last update January 26, 2024 | Report an error

Office

GCI buys La Défense's Being office building

The Being building, formerly known as Guynemer, is changing ownership in La Défense. Générale Continentale Investissements and its partner Alberta Investment Management Corporation (AIMCo), (...)

Career

France's Tikehau Capital appoints Antoine Onfray as CFO

Paris-based listed investment firm Tikehau Capital, has appointed Antoine Onfray, 37 years old, as Chief Financial Officer. The alternative asset management and investment group (...)

Office

French Gecina, in asset rejig, adds Paris office for €306m, sells for €238m

In a further portfolio rejig, French REIT Gecina is buying the 34,000 sqm Carreau de Neuilly building in Paris for €306m and selling two (...)

Hospitality

French Gecina finalises €181m hotel sale with Angelo Gordon, EQ Group

Paris-based REIT/SIIC Gecina has finalised the sale of a French hotel portfolio to Angelo Gordon and the EQ Group, based on a valuation of (...)

Listed

French Gecina sells hotel portfolio to Angelo Gordon for €181m

Giant French REIT/SIIC Gecina is selling its entire hotel portfolio comprising five assets to US-based manager Angelo Gordon at a valuation of €181m. The portfolio, acquired as (...)

Office

Gecina strengthens Paris focus, closing €525m regional office disposal

French REIT/SIIC Gecina has strengthened its focus on the Paris region with the closing of the €525m sale of regional office buildings, part of a number (...)

Office

French Gecina closes €266m sale of Lyon offices to Primonial REIM

Paris office and residential REIT/SIIC Gecina has finalised a €266m sale of nine office buildings in Lyon to investment manager Primonial REIM. The sale, which follows a preliminary agreement (...)

Listed

French Gecina 1H net up 51%yy at €230m, expects 8% shr rise for full year

Paris office REIT/SIIC Gecina now expects recurrent net income growth of over 8% per share for 2018 after it boosted the total by 51%yy (...)

Office

Paris Gecina signs €775m office sales to help cut LTV below 40%

Paris office REIT/SIIC Gecina has signed €775m in sales pledges for buildings outside Paris acquired in the takeover of Eurosic which, once closed by year end, (...)

Finance

French Gecina raises 2017 net by 4.6%, NAV by 19%; says Michel is stepping down

French office REIT/SIIC Gecina raised net income by 4.6% in 2017, adding nearly 19% to net asset value to take it to €152.9 per (...)

Office

European 2017 CRE investment rises 4% to €293bn; 2018 looks good - RCA

Europe’s commercial real estate in 2017 experienced the third most active year on record for investment, rising 4 % from 2016 to €293.4bn, according (...)

Office

Eyeing European REITs, US Seeking Alpha adviser picks Gecina, Paris office as winners

Never before have I seen a private US stock-picking adviser venture into listed European real estate, but US retail investors are looking around the (...)

Hospitality

Barcelo's Spanish hotel merger bid for NH synches with Chinese HNA troubles

The sharp rise in tourism to Spain that has brought at least two REITs and numerous funds surging into its hotel sector has sparked (...)

Finance

Ruggieris’ Spanish tourism REIT Elaia listed with €119m market cap

Elaia, the Spanish REIT/SOCIMI launched by the France-based Ruggieri family to target the Spanish resort sector, listed Thursday on Elaia Investment Spain (MAB) with (...)

Hospitality

Gold in Spanish resort hotels (2): Blackstone, Ruggieri move in

In the rush to tap into the booming Spanish tourism hotel business, US wealth manager Blackstone and France’s Ruggieri family are hot on the (...)

Hospitality

Gold in Spanish resort hotels (1): First mover Hispania tracked by Blackstone, Ruggieri

Gold has been discovered in Spanish resort hotels and REIT/SOCIMI Hispania is the first in the ‘rush’. But other fast movers are close behind. They include Blackstone, (...)

Finance

European public real estate in good shape, led by German resi, French/Spanish office

European public real estate markets are in good shape as our website goes live. German housing stocks are near highs, as are most of (...)