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Institut de l'Épargne Immobilière et Foncière (IEIF)

Observatory study / Professional organization

Last update March 8, 2024 | Report an error

Mia Andrianary

Data Scientist

Bernard Audibert

Conseiller scientifique

Stéphanie Bensimon

Administratrice

Marc Bertrand

Administrateur

Patrick Boério

Analyste SCPI

Frédéric Bôl

Administrateur

Christian de Kerangal

Directeur général

Charles-Henri de Marignan

Analyste senior, pôle marchés immobiliers

Amal Del Monaco

Administratrice

Philippe Depoux

Administrateur

Yves Dieulesaint

Senior Advisor, ESG / ISR

Soazig Dumont

Analyste senior, pôle marchés immobiliers

Laurent Fléchet

Administrateur

Élisabeth Folliard

Responsable des relations extérieures

Stéphanie Galiègue

Directrice générale déléguée en charge des études et de la recherche

Xavier Lépine

Président du conseil d'administration

Guy Marty

Président d'honneur

Lina Mounir

Analyste senior, pôle marchés immobiliers

Paul Navet

Research Analyst

Olivier Piani

Administrateur

Christophe Pineau

Senior Advisor

Christopher Puyraimond

Analyste, pôle fonds immobilier et pôle financement

Nathalie Robin

Administratrice

Georges Rocchietta

Administrateur

Pierre Schoeffler

Senior Advisor

Finance

Should French real estate fear turbulence as it braces for landing?

"The first thing that is clear is that the period of monetary unorthodoxy observed over the last 15 years is over", says IEIF Chairman (...)

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

At the IEIF conference, the new world takes shape between "making do" and "doing better"

Although the economic context seems to be dampening hopes of continued growth, "it offers a much healthier environment", believes Christophe Morel. Taking note of (...)

Finance

"We are at the end of the financial era and at the beginning of the asset management era"

Business Immo: In recent weeks, several management companies have announced a drop in unit prices for some of their SCPIs. How do you explain (...)

Finance

Real estate financing in the eye of the storm (IEIF/IFPImm)

Based on contributions from 15 banking institutions and ten debt funds and insurance companies, with total outstandings of €102bn in 2022, compared with €95 (...)

Finance

SCPI funds: beware of a confidence crisis

A massive thunderclap. Predictable, yes, but brutal. Flashback, 24 July 2023: At the height of summer, Amundi, faced with a fall in the appraised (...)

Finance

[EXCLUSIVE] AEW Patrimoine merges two funds to form AEW Commerces Europe SCPI

Asset management company AEW Patrimoine recently obtained AMF approval for the merger of its Pierre Plus and Actipierre Europe SCPIs, leading to the creation (...)

Finance

French investors increasingly active in Spain, UK and Italy, says Savills

According to Savills latest research, French capital invested in European real estate totalled nearly €3.2bn in H1 2023, accounting for 10% of all cross-border (...)

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

French retail real estate funds show stable performances in Q1 2023 (Aspim/IEIF)

Aspim and IEIF have just published the performance and investment statistics for France's retail real estate funds for the first quarter of 2023. Down (...)

Finance

Retail real estate fund inflows reach €2.8bn in Q1 2023 (Aspim/IEIF)

According to Aspim and IEIF, consumer real estate funds collected €2.8bn in Q1 2023 compared to €3.9 bn in Q1 2022. « After record inflows (...)

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

Retail real estate funds collected €16.1bn in 2022 (Aspim/IEIF)

According to Aspim and IEIF, retail real estate funds collected €16.1bn in 2022. This volume is up 47% year-on-year and exceeds the previous record (...)

Career

Parity in French real estate: the glass ceiling cracks, but does not break

Although the rate of feminisation of the companies that responded (87 out of 120 questioned) is just above the national average, the details reveal (...)

Green

Deepki publishes a European energy performance benchmark for real estate

Deepki, in partnership with IEIF, has just published the first European benchmark of ESG performance in real estate, the « ESG Index ». Available (...)

Office

Storm warnings at IEIF's annual conference

Unsurprisingly, this year's annual conference of French property association IEIF (Institut de l'épargne immobilière et foncière) was held in a context of macroeconomic tensions, (...)

Finance

€3.4bn of inflows to retail property funds in Q3 2022

The three main categories of property funds available to the general public posted net inflows of €3.4bn in the third quarter of 2022, up (...)

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

€8.1bn collected for retail real estate funds in H1 2022 (Aspim-IEIF)

The three main categories of real estate funds accessible to the general public posted net inflows of €8.1bn in H1 2022, a volume that (...)

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 (...)

Office

ORIE is concerned about a possible slippage in the taxation of office property

Office real estate rarely goes well with taxation. In an effort to preserve the sometimes conflicting relationships between the two, the "Observatoire régional de l'immobilier (...)

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

CRE financing has fallen by 23% in 2020 - IEIF/PwC

The French property association IEIF and PwC warned as early as last year. In 2020, the French market for commercial property financing suffered. While (...)

Finance

French unlisted real estate funds raise €2.2bn in Q3 2021 - Aspim/IEIF

According to Aspim and IEIF data, SCPIs and retail OPCI funds collected €2.2bn in Q3 2021, a 24 % drop in volume compared to the Q2 (...)

Finance

SCPI and retail OPCI funds collected €2bn in Q2 2021 - Aspim/IEIF

SCPI and retail OPCI real estate investment funds collected €2bn in Q2 2021, according to data from IEIF and ASPIM, a volume up 12% (...)

Finance

SCPI and OPCI funds collected €8bn in 2020 - Aspim/IEIF

Net inflows into SCPI and retail OPCI funds amounted to €8bn in 2020, a volume 30% lower than in 2019 but 10% higher than (...)

Finance

After an exceptional 2019, CRE financing likely to slow down (IEIF/PwC)

According to the second edition of the study on the French real estate financing market, jointly conducted by French property association IEIF and auditing (...)

Office

Take-up on Paris region office market will not rebound significantly until 2022

Hard-hit by the two waves of the Covid-19 pandemic, the demand for office space in the Paris region, as well as in the rest (...)

Office

French office regional investments resist the crisis — BNP PRE

In the current context, the French regional office investment market has held up well, reports BNP Paribas Real Estate. Even if it has declined (...)

Career

Barbara Koreniouguine appointed President of Cusmhan & Wakefield France

Cushman & Wakefield has announced the arrival of Barbara Koreniouguine as President France. Succeeding Antoine Derville, who has headed Cushman & Wakefield France since (...)

Finance

France’s CRE market sits between risks of dislocation or pleasant surprises – IEIF

The economy, both French and global, has been hit hard by the Covid-19 epidemic and, while activity levels seemed to be gradually returning to (...)

Finance

SCPI and OPCI funds' collects up 47% in 1Q20 - Aspim/IEIF

SCPI and retail OPCI funds collected €3.8bn in 1Q20, according to Aspim-IEIF data, a 47% increase in volume over one year. SCPI funds collected €2.56bn (...)

Finance

The Covid-19 crisis foreshadows what a climate crisis could be tomorrow - IEIF

According to analyses issued by Béatrice Guedj and Pierre Schoeffler, Senior Advisors at the Institut de l'épargne immobilière et foncière (IEIF), the Covid-19 crisis certainly (...)

Finance

SCPI and retail OPCI funds collected €11.4bn in 2019 - Aspim/IEIF

French SCPI and retail OPCI funds collected €11.4bn in 2019, surpassing the previous record of 2017 (€10.4bn), according to Aspim-IEIF data. The investment volume (...)

Finance

Swiss Life Asset Managers grows European real estate portfolio to €86bn

Swiss Life Asset Managers, part of the Zurich-based insurer, continues to grow its real estate portfolio, holding €86.5bn, 6.8% or €5.5bn more than at (...)

Finance

French 1H non-listed property fund inflows surge 56%yy to €5.5bn

The enthusiasm of French savers for real estate investment continued unabated in first half 2019, with a 56%yy rise in inflows to SCPI and OCPI non-listed (...)

Career

Hélène Gace joins iread

Hélène Gace is joining iread as a Data Analyst. She will report directly to Arnaud Syoën, Head of the Data Analytics Department, and be (...)

Finance

Philippe Le Trung joins iread as senior advisor

Philippe Le Trung has joined iread as a senior advisor, responsible for developing Europe-wide expertise in the listed real estate sector. Philippe Le Trung, aged (...)

Office

France surges ahead on the global stage

Associated for a long time to rigid labor laws and social immobilism that hindered its economy, France elected 39 years old liberal ex-banker Emmanuel Macron, (...)

Listed

Alain Chaussard, long-time CEO of French REIT Affine, steps down

In a move seen as part of succession planning, Alain Chaussard, long-time chief executive of French REIT/SIIC Affine, is to step down, the company has announced. The (...)

Finance

Real estate in France well positioned but 'lazy' strategies won't work - IEIF

For 2018 the most likely economic scenario for France is a general reflation and growth above potential, says Pierre Schoeffler from property association IEIF. Real estate is (...)

Finance

Portuguese housing REITs could be profitable new investment asset - French IEIF

Portugal's coming introduction of residential-focused REIT legislation, announced in autumn, could provide a profitable new asset for investment managers, particularly French, says a new (...)

Housing

Benefits argue for creation of large listed housing firms in France – IEIF

The benefits of listed housing firms demonstrated in Germany, Sweden and the US argue in favour of the emergence of a parallel sector in (...)