Business Immo, the real estate website

Thibault Ancely

Directeur exécutif investissements et développements

Solène André

Directrice des programmes immobiilers

Frédéric Auguste

Responsable Asset Management Bureaux

Pierre-Emmanuel Bandioli

Directeur des résidences étudiants - Membre du comité de direction

Laurent Bataille

Directeur technique

Gaëlle Bonvillain

Responsable de projet informatique

Agnès Bouquet

Directrice d'actifs immobiliers

Valérie Britay

Directrice exécutive du pôle bureaux

Méka Brunel

Administratrice - Directrice générale

Bernard Carayon

Président du conseil d'administration

Olivier Dangreaux

Directeur des systèmes d’information et du digital

Laurence Danon

Administratrice indépendante

Hélène De Clisson Kuppers

Directrice de portefeuille immobilier

Baudouin Delaporte

Directeur du développement immobilier asset management

Sabine Desnault

Directrice executive R&D, innovation et RSE

Aurélie Deudon

Directrice de Secondesk

Glenn Domingues

Responsable des affaires publiques

Dominique Dudan

Administratrice indépendante

Nicolas Dutreuil

Directeur général adjoint en charge des finances

Jérôme Engelbrecht

Directeur Financement et Corporate Finance

Florence Faucheur

Responsable de gestion Grands Ensembles

Anabel Fernandez De La Rosa

Marketing et communications manager - Residential

Gabrielle Gauthey

Administratrice

Claude Gendron

Administrateur

Antoine Geoffroy

Directeur R&D et innovation

Emma Glon

Real Estate in-house Lawyer

Christine Harné

Directrice exécutive des ressources humaines - Membre du comité exécutif

Samuel Henry-Diesbach

Directeur de la communication financière

Sabine Hillenmeyer

Directrice innovation

Béatrice Judel

Directrice commerciale et marketing du pôle résidentiel

Julien Landfried

Directeur exécutif communication et affaires publiques

Anoko Lawson

Directrice du développement des Ressources Humaines

Antoine Le Treut

Directeur des investissements et arbitrages

Guillaume Le Van

Directeur de portefeuille au sein de la direction résidentiel - Membre du comité de direction

Nicolas Lepigeon

Directeur du contrôle financier, expertise et portfolio management

Franck Lirzin

Directeur exécutif du patrimoine résidentiel

Anne-Claire Maniez

Directrice assurances

Cyril Mescheriakoff

Directeur exécutif des risques et de l’audit Interne

Armelle Miclo

Chargée de communication - Relations presse

Elena Minardi

Cheffe de cabinet

Franck Morin

Directeur de portefeuille

Joséphine Neuman Leriche

Directrice de la commercialisation des actifs en développement

Jacques-Yves Nicol

Administrateur indépendant

Elena Popova

Investment Analyst

Clara Quinol

Responsable de gestion immobilière

Romane Ravanel

Analyse immobilier de bureaux

Solenn Riviere

Chargée d'affaires

Xavier Sanchez

Directeur méthodes, organisations et outils

David Soly

Directeur de la comptabilité Groupe, fiscalité et assurances

Virginie Sterling

Chargée de communication financière

Déborah Sturm

Responsable marketing et communication

Carine Vardi

Responsable politique sociale et engagements

Romain Veber

Directeur exécutif investissements et développements - Membre du comité exécutif

Frédéric Vern

Secrétaire général, en charge de la direction juridique et du secrétariat du conseil

Arnaud Violette

Directeur commercial, Pôle bureau

Housing

French Gecina to spin off €3bn residential to allow unit to open capital

Giant French REIT/SIIC Gecina is to spin off of its 6,000-unit residential portfolio worth €3bn to allow, at the appropriate moment, this subsidiary to open its (...)

Office

Gecina to sell Montrouge Park Azur complex to La Française for €185m

Gecina, one of France's largest REIT/SIICs, has signed a €185m agreement to sell the Park Azur building in the southern Paris suburb of Montrouge to investment (...)

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 fully-let office (...)

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 €181m. This portfolio (...)

Hospitality

France's Gecina, BNP Paribas RE drop bid to build Paris 2024 Olympic village

French REIT/SIIC Gecina and BNP Paribas Real Estate are dropping their joint bid to construct the future athletes' village for the Paris 2024 Olympics. The joint venture (...)

Listed

French Gecina raises 'green' loans to €910m, 20% of total bank debt

French REIT/SIIC Gecina has finalised three new 'green' loan agreements with BNP Paribas, Natixis and Société Générale for €660m, taking such financing to €910m or 20% (...)

Finance

Meka Brunel: Guiding France's Gecina in a world of real estate undergoing huge transformation

Of course, the half-yearly results of French Gecina are good, very good, says CEO Meka Brunel; this, in a world of real estate going through a singular moment of (...)

Listed

Former Norwegian sovereign fund executive Veber joins French REIT Gecina

Giant French REIT Gecina has appointed former Norwegian sovereign fund manager Romain Veber to a leading post in investment and development. Starting on 1 November, Veber will become a member of Gecina’s Executive (...)

Listed

France's Gecina reports 1H return at 11.4%, EPRA NAV up at €169.8 shr

French REIT/SIIC Gecina reported an 11.4%yy total return in the first half, with appraisal values lifting 3.9% like-for-like, taking EPRA net asset value up 8% to €169.8 per share. The group (...)

Finance

Fifth Wall opens up to Europe with $503m PropTech focused Fund II

Fifth Wall, a PropTech focused American venture capital firm, announced today the close of its second real estate technology fund, a $503m vehicle with which the (...)

Listed

Sweden's Castellum joins pan-European REIT innovation, CSR think tank

Swedish listed Castellum has joined the sustainability and innovation think tank created in 2017 by alstria, COIMA RES, Colonial, Gecina, Great Portland Estates and NSI.  The Gothenburg-based (...)

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 part of Gecina's takeover (...)

Finance

Paris REIT Gecina places 15yr €500m bond issue at 1.625% to buy back notes

Paris office and housing REIT Gecina has placed a €500m bond issue with a 15-year maturity at 1.625% and launched a tender offer on three of (...)

Listed

French Gecina starts electronic signatures with YouSign

Giant French REIT/SIIC Gecina is introducing electronic lease signatures in partnership with start-up YouSign, extending it to all owned housing and student residences. Thanks to the electronic signing procedure, it (...)

Housing

France selects Athletes' Village developers for 2024 Paris Olympics

France has selected the companies which will be assigned to develop the Athletes' Village for the 2024 Paris Olympics and Paralympics. The infrastructure is planned for the (...)

Finance

Hamburg student housing developer, Moscow project among 2019 MIPIM award winners

A Hamburg student housing firm working with wood, a Moscow concert park project, France's Altarea Cogedim, and Frankfurt's old town redevelopment were among MIPIM winners this (...)

Office

Offices still preferred working space despite tech - European REITs

Technology may allow workers to operate anywhere, but more than ever physical offices are the working environments of choice, says a new report by six major (...)

Listed

Spain’s Metrovacesa to pay dividend ahead of plan after strong 2018 revenues

Spanish listed housing developer Metrovacesa is to distribute a dividend for 2018 ahead of plan after revenues surged to €201m and despite a net loss of (...)

Listed

French Gecina grows 2018 net 20% to €437m, 9% per shr; outlook still strong

French REIT Gecina grew recurrent net income by 20% to €437.2m in 2018 and by 9% per share, and is proposing a dividend rise of 3.8%. (...)

Office

France's Simi 2018 trade fair marks dawn of a new era

A few hours after the clapper board sounded the end of the 2018 edition of Simi, the French real estate community's annual trade fair, what should (...)

Office

US WeWork to open fifth Paris co-working space in Gecina building

US co-working giant WeWork will on 12 December officially open its fifth Paris location at 198 avenue de France in the 13th quarter, especially utilising the larger floor plates in (...)

Listed

French Gecina wins €55m damages for unlawful actions of fmr CEO Rivero

Paris office and residential REIT/SIIC Gecina is to receive more than €55m for damages caused by the unlawful actions of Joaquín Rivero, its Spanish former CEO (...)

Housing

Spain's Metrovacesa launches €400m housing project in Palma de Mallorca

Spanish listed residential developer Metrovacesa is to invest €400m in a new housing neighbourhood in Palma, capital of the vacation island of Mallorca, which will offer 500 units. With (...)

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 of disposal (...)

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 signed in (...)

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 to €500m (...)

Office

Co-working here to stay but unlikely to dominate office lettings - EPRA

Co-working space offered by firms such as WeWork should be included in office investor strategies and while it is unlikely to dominate letting demand it serves as a (...)

Housing

French REIT/SIIC Gecina forms strategy for resi assets, now worth €3.2bn

Giant French REIT/SIIC Gecina has devised a value strategy for its residential assets, which, at €3.2bn out of a €20bn portfolio, have become a strategic holding (...)

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 to €230.3m (...)

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, will take (...)

Housing

Housing: A third pillar is possible - residential property companies

As the first reading of the ELAN housing bill comes to an end in the French National Assembly, it is clear that France needs a third pillar (...)

Health / Senior

MIPIM BLOG Day 3: The Awards – for the ‘creative art’ of real estate in Europe

Live from MIPIM (Cannes) - Day Three-Thursday: Despite the driving rain in Cannes, even more evidence that the scope of European opportunities is widening, yes, and deepening; good (...)

Finance

Norway's Pension Fund ends 2017 with 3.4% of €881bn AUM property exposure

Norway's Government Pension Fund Global held 2.6% of its €881bn assets in unlisted real estate at end-2017 which produced a return of 7.5% - second but (...)

Listed

Canada’s Ivanhoé Cambridge cuts stake in French Gecina to 15.4%

Ivanhoé Cambridge, the real estate investment arm of Quebec-based pension fund manager CDPQ, has trimmed its holding in French office REIT/SIIC Gecina by 4.28% via a placement to (...)

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 share, and (...)

Finance

Shares in Spanish housing firm Metrovacesa slip below last week's IPO price

Shares in Madrid-based residential developer Metrovacesa, one of the biggest casualties of Spain's recent recession, fell in trading Monday to €15.27, below its IPO price last week (...)

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 to global (...)

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 world after (...)

Listed

Six European office REITs form sustainability and innovation thinktank

Even if real estate is local, clients' technical and environmental needs are the same across Europe, says Meka Brunel, CEO of French SIIC Gecina and one of the instigators (...)

Retail

Foncière des Regions signs €290m of non-strategic French retail disposals

France's third largest REIT/SIIC by assets, Foncière des Régions, has signed agreements to sell of nearly €290m of non-core properties, French retail, aiming to strengthen its strategic (...)

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 a merger (...)

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 a market (...)

Finance

Eighteen IPOs in European public RE in first 9mths raise €4.3bn

Eighteen IPOs took place in the European public real estate markets in the first nine months of 2017, raising €4.3bn, according to EPRA. Those planned for late (...)

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 heels of (...)

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 the main (...)