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BNP Paribas Real Estate

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Last update August 19, 2019 | Report an error

Agnès Acknin-Boyer

Responsable Fiscal

Jean-Pierre Auriault

Consultant développement durable et immobilier

Ariane Avossa

Analyste immobilier

Murielle Baiges

Directeur Risk Management Promotion - Immobilier d'entreprise / Résidentiel - France / International

Nicolas Barbey

Partner - Directeur du département Paris Quartier Central des Affaires

Thierry Barbier

Directeur du développement Ile-de-France

Antoine Bary

Directeur associé responsable grands comptes corporate services

Chrsitelle Beaussier

Consultante Hospitality, vente en bloc

Nicolas Becker

Directeur financier

Assia Bentires

Responsable du développement des Grands Projets

Paul Bertrou

Retail Investment Analyst

Lionel Bodénès

Fund Manager Analyst

Olivier Bokobza

Directeur général du pôle résidentiel - Membre du directoire

Nicolas Boucon

Retail Investment Consultant, French Capital Markets

Vanessa Burgard

Consultante senior investissement

Nicolas Canville

Directeur adjoint équipe activité Nord-IDF

Kevin Cardona

Directeur de l’innovation

Lou Cellier

Deputy Director Alliance Network

Anisak Chanthavong

Consultant Retail

Séverine Chapus

Directrice du développement de grands projets mixtes

Nathalie Charles

Deputy Chief Executive Officer - Global Head of Investment Management

Raïssa Charmois

Responsable relations presse

François Chauvey

Directeur de département, advisory France

Servane Costrel De Corainville

Contact presse - BNP Paribas Wealth Management

Csongor Csukas

Deputy head of international Property Management

Jacques D'Estais

Président du conseil de surveillance

Olivier Danziger

Directeur développement immobilier résidentiel

Phil Dawes

Directeur général de BNP Paribas Real Estate Jersey Limited

Yvan De La Sablière

Consultant investissement commerce

Christelle Dehant

Head of Events & Partnerships

Patrick Delcol

Head of Pan European Retail

Antoine Delomez

International business development director

Lucas Despretz

Fund Manager

Valérie Deveau

Asset manager

Vincent Dreux

Retail investment Senior consultant

Anne Du Manoir

Directrice des ressources humaines

Nathalie Dubreu

International Retail Coordinator

Elodie Fabre

Consultante

Henri Faure

Directeur général délégué, Investment management / Fonctions Centrales

Elvys Fiokouna

Responsable de programmes principal - Immobilier d'Entreprise

Laurent Fitoussi

Consultant sénior

Vincent Flamant

Directeur Conformité et 2OPC

Aline Gabriel

Fund Manager

Stéphane Gaux

Head of Legal Department Property Development, Résidential & Property Management

Astrid Ginon

Directrice adjointe corporate services advisory 9

Edouard Girault

French Retail Analyst

Emmanuel Graet

Consultant bureaux Ile-de-France Ouest

Jacques-Edouard Grée

Directeur adjoint de la communication

Fiona Hamilton

Global Head of Retail pour les enseignes internationales

Sylvain Hasse

Global head of occupier solutions hub director France

Thomas Herve

Consultant commerce

Nils Hübener

Directeur investissement Europe

Agnès Iscard

Directrice financière adjointe

Richard Jackson

Business development director - Global Corporate Solutions (GCS)

Julien Jamot

Directeur commercial

Michel Jariel

Europe South West Hub Director - Global Corporate Solutions (GCS)

Matis Jérôme

Advisor Invest Department

Guillaume Joly

Directeur du département research France

Anne-Cécile Jonart

Consultante bureaux Ouest Ile-de-France

Dominique Jones

Directrice générale déléguée, chargée des fonctions centrales

Laurianne Lantigny

Chef de projet développement et commercialisation

Thierry Laroue-Pont

Chairman - Chief Executive Officer (CEO)

Laurence Le Maire

Responsable Brand & Contenu Business

Aymeric Le Roux

Executive Director advisory International et Alliances

Claire Lecanu

Consultante commerce Paris Ile-de-France

Lauric Leclerc

Deputy Chief Executive Officer In charge of Property Management and International Advisory

Morgane Lelièvre

Analyst investment France

Sylvie Lemaire

Directeur des affaires juridiques

Claire Lenormand

Media Relations Manager

Loïc Leost

French Retail Database Manager

Adryan Lepaon

Analyst, Europe

Richard Malle

Global Head of Research

Richard Malle

Global Head of Research

Valérie Martin-Konieczynski

Head of Content, Brand and Market Intelligence

Mélanie Moisan

Directrice centrale développement France promotion immobilier entreprise

José Luís Moreno

Technical Director - Portugal

Xavier Mouette

Head of Key Client Group

Catherine Papillon

Directrice internationale développement durable - RSE

Laurent Pavillon

Global Head of Business Marketing & Communications

Laura Pérès

Consultante Paris Centre Est

Sarah Pollard

Strategy director - Global Corporate Solutions (GCS)

Guillaume Poma

Account Manager, Investment

Audrey Queriaud

chargée de marketing

Jean-Hugues Quincy

Responsable technique

Camille Rousseau-Busson

Consultante senior

Bertrand Sannier

Directeur des ressources humaines France

Romain Schrantz

Consultant bureaux location Ouest Ile-de-France

Anita Simaza

Head of Logistics and Industrial

John Slade

Chief Executive Officer Advisory UK

Guillaume Sottil

Head Of Corporate Development

Jonathan Steel

Global head of occupier solutions hub director UK

Bénédicte Teissier

International Retail Analyst

Philippe Thel

Senior advisor

Benoit Thin

Consultant senior associé

Pedro Alves Torgo

Head of Portugal Program

Pauline Trauchessec

Analyste commerce, département transaction

Olivier Veyrier-Montagneres

Expert immobilier et Responsable commercial

Caspar Vredenbregt

Occupier Solutions

Jens Wehmhöner

Pan European Retail Brands Senior Director

Larry Young

Directeur investissement international

Finance

BNP Paribas RE appoints Drukker as new CEE Chief Executive

BNP Paribas Real Estate has made the internal appointment of Erik Drukker as new chief executive for central and eastern Europe in delayed succession to Patrick Delcol. Prior to the (...)

Office

UK's Catalyst pays €100m for office buildings in Toulouse, let to Airbus

UK-based investment manager Catalyst Capital is paying €100m to acquire four office buildings in the southern French city of Toulouse, all let to European aeroplane-maker Airbus. The assets, (...)

Retail

Investors don’t count retail out just yet

“There is usually a time lag of 1-2 years between what happens in the United Kingdom and the rest of Europe”, according to Darren Yates, Head of (...)

Retail

Northern Horizon pays €75m for Latvian shopping mall, entry yield 6.7%

Nordic-based manager Northern Horizon Capital is paying €75m to acquire the Galerija Centrs shopping centre in Latvian capital Riga at an entry yield of 6.7%. A release said its Baltic Horizon (...)

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

Barbara Knoflach leaves BNP Paribas Real Estate; successor is Nathalie Charles

BNP Paribas Real Estate has announced that Barbara Knoflach, Deputy CEO and Global Head of Investment Management is leaving, and will be succeeded by Nathalie Charles. "My (...)

Finance

New actors on the European stage

“When it comes to equity, European real estate is like a busy nightclub – as soon as one group leaves, another seems to be ready to (...)

Office

1Q19 Greater Paris office space demand falls 23%, supply slips 7% - Immostat

Demand for office space in Greater Paris slid 23% in first quarter to 541,300 sqm, according to Immostat. Immediate supply was also lower, down 7% to (...)

Logistics

Tenant demand, yields to keep European logistics investment strong - BNPP RE

Occupational demand for European logistics property is the strongest in years, and this plus relatively high yields should keep the market robust this year, says BNP (...)

Office

Credit Suisse, advised by Belvedere, buys Paris La Défense office from Primonial

Zurich-based Credit Suisse Asset Management has acquired the Le Lavoisier office building in Paris La Défense from French manager Primonial REIM. No price was given for (...)

Office

Korean investors comb Paris La Défense after Mirae snaps up URW's Majunga for €850m

South Korean investors are watching Paris La Défense closely after news Unibail-Rodamco-Westfield has sold the Majunga tower to Seoul-based Mirae Asset Daewoo for €850m. The deal raises the probability (...)

Office

Germany's Union Investment adds period office asset near Paris Louvre

Germany's Union Investment has acquired a renovated office property near the Louvre Museum in Paris dating back to 1855 and with 9,700 sqm of rental space. (...)

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 (...)

Finance

Investors still favour offices above all else

With €29.7bn spent on offices last year, a 24% jump from 2017, Germany established itself as the biggest office market in Europe, a surge led by (...)

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 as Europe’s (...)

Finance

BNP Paribas RE breaks revenue record again with 19% surge to €968m

Paris-based international adviser BNP Paribas Real Estate raised revenues last year 19% to €968m, breaking its record for the second year and raising net income to (...)

Office

GCI lets 7,000 sqm Paris Opéra Italiens to WeWork 4mths after purchase

Private Paris developer and investor GCI has fully leased its 7,000 sqm GLA Opéra Italiens building in the central business district to WeWork France just four months after acquisition. The company, (...)

Office

France 2018 real estate investment hits record at €32bn

Commercial real estate investment in France last year rose by around 12% from 2017 to reach as high as €32bn, a clear record, according to international (...)

Finance

Spanish 2018 RE investment rises 8% to €11.6bn - BNP Paribas RE

Spanish real estate investment rose 8% last year to €11.63bn but, adding in corporate operations, soared as high as €19bn, according to international adviser BNP Paribas (...)

Finance

Greater Paris 2018 real estate investment surges 19% to €23bn - Immostat

Greater Paris commercial real estate investment surged by no less than 19% last year to €23.1bn, though office take-up slid by 5% to just over 2.5m (...)

Office

GEG purchases former Frankfurt ECB HQ Eurotheum for €250m

GEG German Estate, controlled by private German firm DIC and US M&A giant KKR, has acquired the Eurotheum building in Frankfurt fromCommerz Real at a cost of around €250m.  GEG said in a (...)

Office

Unibail's €789m Paris Capital 8 office sale to Invesco finalised

The sale of one of the best known office complexes in Paris, the 45,000 sqm Capital 8, has been finalised by Unibail-Rodamco-Westfield for €789m to global (...)

Retail

Canada's Oxford said paying €90m for prestigious Paris fashion store

Canada's Oxford Properties, part of the Canadian OMERS pension plan, has acquired one of Paris' most prestigious fashion stores, 273 rue du Saint-Honoré, at a price (...)

Retail

Retail investors shift focus to retail parks, outlets, high streets – BNPP RE

Live from MAPIC (Cannes) - As online shopping makes inroads into retail, investors are shifting focus to units appealing to brands adapting to new shopping patterns (...)

Office

Paris office take-up rises 6% ytd but falls in 3Q - Immostat

Office take-up in the Greater Paris region rose 6%yy in the first nine months of 2018 though it slid 17%yy to 503,600 sqm in 3Q18 alone, (...)

Office

Thriving French regional office markets are heading towards a record year

Live from Expo Real (Munich) - France’s office sector may be dominated overwhelmingly by Paris and its suburbs, but its regional markets are thriving this year, (...)

Office

Paris office take-up rises 6% ytd, investment robust - BNPPRE

Live from Expo Real (Münich) - Office take-up in Greater Paris, Île-de-France, rose in the first nine months by 6%yy to 1,874 000 sqm, says BNP (...)

Finance

European 1H CRE investment up 2% to €115bn - BNPP RE

Commercial real estate investment in Europe rose 2%yy in first half to reach €115.4bn but incoming foreign capital slipped 5% and the mix of investors also (...)

Logistics

European 1H logistics take-up, investment slow but hold at high level – BNPP RE

After record logistics take-up in Europe over the past three years, the market slowed by 14% in the first half of 2018 but still kept a (...)

Finance

France’s appeal resurges as Grand Paris creates value for all - BNPP RE

The resurgence of France’s appeal in 2017 and early 2018 has been spectacular, and contributes to its international influence, says adviser BNP Paribas Real Estate. The (...)

Office

Invesco, in largest European deal, pays Unibail €789m for Paris Capital 8

In its largest-ever European asset transaction, investment manager Invesco Real Estate is paying €789m for Capital 8, a 45,000 sqm office building in the 8th quarter (...)

Housing

British still No.1 buyers of French homes but lead is narrowing - BNPP RE

Non-resident foreign buyers of French housing rose last year by 2% while total investment was almost stable at €5.29bn, says BNP Paribas Real Estate. The British (...)

Office

Strengthening Paris office boosts 1H France investment to €12.5bn

Commercial property investment in France reached €12.5bn in first half, boosted by strengthening demand in Paris region office, says the ImmoStat group. BNP Paribas Real Estate forecasts €28bn (...)

Logistics

Blackstone adds French logistics via Gramercy, one day after buying in Germany

Just one day after adding five logistics properties in Germany, US giant Blackstone is adding seven in France for €175m via Gramercy Europe, part of US REIT Gramercy Property (...)

Office

French REIT Inea targets €1bn in green office assets by 2021

French REIT Foncière Inea aims to grow assets to €1bn by end 2021 from under €700m now, focusing especially on sustainable 'green' office space in the large regional (...)

Housing

French home ownership ability rising, 2018 prices to climb 3% - BNPP RE

French households' ability to purchase homes is at an all-time high, says BNP Paribas Real Estate in a new study, and it predicts that nationwide prices should rise (...)

Office

1Q Paris region office lease demand rises 13%yy - Immostat

Demand for office space in the Paris region rose 13%yy in first quarter 2018 to 741,800 sqm, while immediate supply at the end of March slid (...)

Office

Italian office refurb, French PRS offer new opportunities - BNPP REIM's Knoflach

Italian office refurbishment and French rental housing development are emerging as two real estate opportunities in Europe, says Barbara Knoflach, Global head of Investment Management at BNP Paribas (...)

Finance

With cap rate compression ending, diversified RE portfolios are best - BNPP Wealth Mgt

The significant fall in real estate cap rates in recent years is coming to an end, coupled with the prospect of interest rate rises, and private (...)

Hospitality

Icamap's £50m easyHotel capital raise aims to fund expansion - Poitrinal

Icamap, the investment fund started by former Unibail CEO Guillaume Poitrinal, has invested £50m in UK super-budget easyHotel group in a capital raise that took its stake to 38.7%, ahead of (...)

Finance

MIPIM BLOG Day 1: Sun still shining on European real estate but rain (caution) enters forecasts

Live from MIPIM (Cannes) - First impressions from the sunshine of Cannes: still plenty of optimism around real estate value in Europe though now it comes with a (...)

Finance

BNP Paribas REIM adds €3.3bn in 2017 to reach €27.4bn in managed assets

Paris-based BNP Paribas Real Estate Investment Management added €3.3bn in assets in 2017 to reach €27.4bn in AUM, split between €1.7bn in cash inflows to its funds and (...)

Office

Allianz RE in €190m forward buy of Munich Atlas office renovation

Allianz Real Estate, a unit of the giant Munich insurer, has made a €190m forward purchase of the 26,000 sqm Atlas office building renovation in the (...)

Office

Berlin Sony Center an attractive buy even if not a 10% yield - ULI Europe Conf.

Berlin's Sony Center will not yield the 10% that Canada's Oxford Properties usually targets in real estate but was nonetheless an attractive purchase due to the city's growth (...)

Office

2017 Paris CRE investment falls 8% to €18.5bn but office lettings rise - Immostat

Total commercial real estate investments in the Paris Ile-de-France region fell 8% last year to €18.5bn from 2016, though demand for office space was up by (...)

Logistics

European logistics dots that lead to China, Jack Ma mean yields are headed lower

It doesn’t take much to join the dots in logistics real estate. When Alibabafounder Jack Ma sees it as crucial to globalisation and aims for a (...)

Innovation

US Foodtech trends : Can technology be the magic food ingredient?

Population and consumption growth means that global demand for food keeps increasing year after year, most likely until mid-century. Experts anticipate 9 billion people on our (...)

Investment

Main Investment Markets In Western Europe - Q2 2016

The Eurozone’s laborious economic recovery has once again been hit by a political shock. The UK referendum’s direct effects on economic activity will be limited but (...)

Retail

A tale of four cities : High streets in the CEE capitals - Property Report May 2016

The CEE capitals, depending on the market cycle they are in, wealth of the inhabitants, as well as their tourism and business appeal, present a very (...)

Office

Main Office Markets in Western Europe - Q1 2016

Economic growth in the Eurozone continued to benefit from the low interest rate environment combined with weaker oil price, thus boosting consumption. Nonetheless, GDP growth has (...)

Logistics

Poland : Industrial & Logistics Market Review - Q1 2016

In Q1 2016 the total supply of modern industrial and logistics space in Poland exceeded 10 million sqm. Compared to Q1 2015, new supply increased by (...)

Office

Office Market in Warsaw - Q1 2016

Considering the forecast vacancy rate will be on the rise over the mid-term horizon, occupiers should take advantage of fierce competition among landlords and consider relocation (...)

Housing

London : How can the new Mayor tackle the housing crisis? - May 2016

Housing was the most important issue of the mayoral race (ComRes/BBC London poll, 2016). It appeared to represent a shift in sentiment from the 2012 election. (...)

Investment

Investment Market in Poland - Q1 2016

With 15% y/y growth in investment volume recorded in Q1 2016, investment appetite for assets in Poland remains strong. It is primarily driven by extensive availability (...)

Office

Offices Barcelona - Q1 2016

During the rst quarter of the year, the Spanish economy sustained the momentum of 2015 and achieved estimated GDP growth of 0.7% (according to forward data (...)

Office

Offices Madrid - Q1 2016

During the rst quarter of the year, the Spanish economy sustained the momentum of 2015 and achieved estimated GDP growth of 0.7% (according to forward data (...)

Investment

Interest for the Spanish Market lingers

During the rst quarter of the year, the Spanish economy sustained the momentum of 2015 and achieved estimated GDP growth of 0.7% (according to forward data (...)

Retail

UK Footfall has continued to fall - UK Retail Focus - Q1 2016

UK retail sales grew by 2.7% over the 12 months to March 2016, representing the 35th consecutive month of sales growth. Uncertain weather conditions meant that (...)

Office

Prague Offices - Q1 2016

The Czech economy continues to show strong fundamentals and remains one of the fastest growing economies in the EU. After 4.3% GDP growth in 2015, BNP (...)

Retail

Czech Republic Retail - Q1 2016

The Czech economy continues to show strong fundamentals and remains one of the fastest growing economies in the EU. After 4.3% GDP growth in 2015, BNP (...)

Investment

Czech Republic Investment Market - Q1 2016

In total €427 million were transacted in real estate in Q1 2016 in the Czech Republic. Investor appetite was geared mainly towards regional retail with a (...)

Office

Brussels Office Market - Q1 2016

Take-up in the first quarter of the year in Brussels marketplace totalled 89,100 m². This represents a growth of 33% compared to the previous quarter and (...)

Logistics

Leipzig Logistics Market - Q1 2016

In 2016, the Leipzig logistics and warehouse premises market got off to a slow start. At just under 21,000 m², take-up in the opening three months (...)

Logistics

Ruhr Region Logistics Market - Q1 2016

In the first quarter of 2016, take-up in the warehouse and logistics premises market in the Ruhr region (counting just leases upwards of 5,000 m²) totalled (...)

Logistics

Frankfurt Logistics Market - Q1 2016

With take-up of 170,000 m², the Frankfurt logistics and warehouse premises market was able to improve marginally (1 %) on its already very good prior-year performance (...)

Logistics

Germany Logistics Market - Q1 2016

Nationwide take-up in the logistics and warehouse premises markets in the first three months of 2016 totalled just over 1.47 million m². That not only exceeded (...)

Logistics

Berlin Logistics Market - Q1 2016

With take-up of 87,000 m², the Berlin logistics market once again got off to a fine start to the year. The total was actually almost exactly (...)

Logistics

Düsseldorf Logistics Market - Q1 2016

After its strong whole-year performance in 2015, the Düsseldorf logistics and warehouse premises market started 2016 very reticently. At just 16,000 m², take-up in the first (...)

Logistics

Cologne Logistics Market - Q1 2016

Take-up in the Cologne warehouse and logistics premises market in the first three months of 2016 totalled 35,000 m². That was around one quarter higher than (...)

Logistics

Hamburg Logistics Market - Q1 2016

Following on from an excellent performance in 2015 (whole-year total: 595,000 m²), the Hamburg logistics market (including environs) has continued to gain momentum, ending the first (...)

Logistics

Munich Logistics Market - Q1 2016

The Munich logistics and warehouse premises market got off to a very good start in 2016. At 59,000 m², take-up was nearly 60 % above the (...)

Office

Sentiment on the South East Office Market remains strong - April 2016

The South East office market has seen over 840,000 sq ft transacted in the first three months of 2016, which is inline with average performance for (...)

Office

London : The first quarter of 2016 has performed encouragingly well - April 2016

Against a backdrop of increased political and economic uncertainty, the first quarter of 2016 has performed encouragingly well.  Leasing activity across Central London reached 3.06m sq ft, (...)

Investment

Hamburg Investment Market - Q1 2016

The Hamburg investment market began 2016 with stepped-up momentum to produce a first-quarter transaction volume of 953 m €. That exceeded the good prior-year figure by (...)

Office

Dortmund Office Market - Q1 2016

At 28,000 m², take-up in Dortmund in the three months of 2016 was three-quarters higher than in the prior-year period, with the strong demand giving the (...)

Office

Düsseldorf Office Market - Q1 2016

Take-up in the Düsseldorf office market in the first three months of 2016 totalled 124,000 m², thus continuing last year's upward trend. The result improved on (...)

Hospitality

Germany Hotel Investment Market - Q1 2016

With an investment volume of close to 720 m € in the first quarter, hotels stepped up their already very good prior-year total by around 24 (...)

Housing

Germany Residential Investment Market - Q1 2016

Investment in sizeable stocks of residential properties (upwards of 30 residential units) in the first quarter of 2016 totalled 2.26 bn € and was thus well (...)

Office

Cologne Office Market - Q1 2016

The Cologne office market began the year well, with first-quarter take-up of 62,000 m². That not only exceeded the good prior-year result by 9 % but (...)

Office

Leipzig Office Market - Q1 2016

The momentum of the very dynamic second half of 2015 in the Leipzig office market was carried over into the first quarter of this year. At (...)

Investment

2016 : The Year of the UK regions

The potential for real estate investment in the UK outside London is large and diverse, the population of the UK is almost 65 million, and with (...)

Investment

Frankfurt Investment Market - Q1 2016

As was only to be expected, turnover in the Frankfurt investment market in the first quarter of 2016 was well below the record set last year. (...)

Office

Hamburg Office Market - Q1 2016

Take-up in the Hamburg office market in the first three months of 2016 totalled 96,000 m². This rather reticent performance fell around 26 % short of (...)

Office

Germany Office Investment Market - Q1 2016

With a transaction volume of just over 3.48 bn € in the first quarter, office investments once again headed the asset-class ranking by a wide margin. (...)

Office

Germany Office Market - Q1 2016

The upward trend in office markets already in evidence last year continued impressively in the first quarter of 2016. At 835,000 m², take-up in the eight (...)

Investment

Germany Investment Market - Q1 2016

The German investment markets made a very good start to the year, despite a decline of around 14 % compared with the same period in 2015. (...)

Investment

Düsseldorf Investment Market - Q1 2016

Even though the result registered in the first three months of 2016 must be considered somewhat modest by long-term standards, turnover in the Düsseldorf investment market (...)

Investment

Cologne Investment Market - Q1 2016

The Cologne investment market got off to a good start in 2016 with a volume of around 197 m €. That was the highest firstquarter total (...)

Investment

Leipzig Investment Market - Q1 2016

Leipzig got off to an extremely successful start to the year with an investment volume of 308 m €, the best it has ever registered. This (...)

Retail

Germany Retail Investment Market - Q1 2016

The volume of investment in retail properties in the first quarter of 2016 was well below the record level of the prior-year period. At around 1.82 (...)

Investment

Berlin Investment Market - Q1 2016

With a first-quarter investment volume of around 763 m €, the Berlin market fell well short of its record prior-year performance. Single deals, though, once again (...)

Office

Frankfurt Office Market - Q1 2016

With take-up of 123,000 m², the Frankfurt office market not only improved on its prior-year performance by 32 % but also registered its best opening quarter (...)

Investment

Munich Investment Market - Q1 2016

With a transaction volume of just over one billion euros, the Munich market took a clear-cut lead over all the other major German investment locations in (...)

Logistics

Logistics Barcelona 2015 : The new logistic cycle in Spain

The Improving condence of both consumers and businesses, has given the market enough dynamism for 2015 to be the year with the highest GDP growth since (...)

Office

Berlin Market Office - Q1 2016

In the first three months of 2016, the Berlin office market moved on seamlessly from the extremely dynamic 2015. At 217,000 m², take-up was more than (...)

Office

Munich Office Market - Q1 2016

The Munich office market has re-confirmed its very good prioryear performance by registering first-quarter take-up of 181,000 m². That is almost exactly the same as in (...)

Logistics

Germany Logistics Investment Market - Q1 2016

The logistics investment market began 2016 very buoyantly. The nationwide first-quarter transaction volume of 818 m € exceeded the relatively modest prior-year result by 64 % (...)

Office

Forever young? : Analysis of mature offi ces in Warsaw, Budapest and Prague - March 2016

The story of modern office markets in Warsaw, Budapest and Prague dates back to the early 90s. Although steel and concrete remain the backbone of any (...)

Retail

Always in, the outlet center market in Poland - March 2016

- Over the next couple of years the outlet centre market will see a growth in the form of 22 000 sq m of new supply. - (...)

Retail

Germany : Retail letting - Q4 2015

In 2015, retail lettings/openings registered in the downtown parts of German cities – including A- and B-precincts and inner-city shopping centres – totalled 1,435. Compared with (...)

Office

Investor confidence in London remains robust - Monthly Review March 2016

Take-up in February reached 730,000 sq ft,  significantly up on January’s performance. This brings 2016 levels to 1.34m sq ft for the first two months of (...)

Office

Bristol offices investment on the rise - March 2016

The Bristol office market underwent a year of consolidation during 2015 where the lack of product, particularly Grade A office buildings significantly impacted on the final (...)

Housing

UK Housing Market Prospects - Spring 2016

The average UK house price rose by 4.25% in 2015, driven by a broad based recovery across the UK, with higher numbers of both home mover (...)

Office

Warsaw Office Market review - Q4 2015

Despite some clouds on the horizon, the office market in Warsaw enjoyed a very strong performance throughout 2015, confirmed by a record level of take-up and (...)

Retail

Germany Retail Market Property Report 2016

Demand in the German retail premises market was again satisfactory in 2015. However, some structural changes have become apparent that are reflected in the development of (...)

Office

Dublin Office Investment Market Analysis 2016

Dublin is well established in the recovery phase of the current market cycle. The commercial property market that has emerged post-crash is leaner, more analytical and (...)

Office

Germany Office Market Property Report 2016

Take-up of office premises in 2015 in the eight main German office locations – Berlin, Cologne, Düsseldorf, Essen, Frankfurt, Hamburg, Leipzig and Munich – totalled around (...)

Investment

Western Europe : The lack of quality supply is slowing investment - Q1 2016

Economic growth in the Eurozone continued to benefit from the low interest rate environment combined with a weaker oil price, thus boosting consumption. Nonetheless, GDP growth (...)

Office

Birmingham : Take-up in the city centre was above peak of last cycle - February 2016

On the back of the strong performance witnessed in 2014, letting activity in the Birmingham office market continued relentlessly in 2015. A surge in take-up made (...)

Retail

Warsaw : Draft master plan - February 2016

While some positive changes are currently occurring along the major retail thoroughfares in Warsaw, some of the proposed limitations and solutions included in the draft Master (...)

Investment

UK : All property total returns outperform inflation on the long term - February 2016

UK real estate offers a wide range of investment opportunities across all strategies, and is capable of being accessed directly or indirectly, through debt or equity. (...)

Office

Poland Office Market review - H2 2015

The dynamic pace of office market growth in regional cities is not slowing down. Significant occupier demand for office space is encouraging developers to launch new (...)

Logistics

Poland : Industrial & Logistics Market Review - Q4 2015

Good times for the industrial & logistics sector continue for all stakeholders. Both developers as well as investors take advantage from a growing level of occupier (...)

Office

Barcelona Office - Q4 2015

The improved condence of consumers and businesses gave the market sufcient dynamism to make 2015 the year with the highest GDP growth since 2007. Last year (...)

Logistics

Germany Logistics Market Property Report 2016

Take-up in the German warehouse and logistics premises market set a new record in 2015 with a total of almost 6 million m², surpassing the previous (...)

Office

London : The vacancy rate continues on its downward trend - Monthly Review February 2016

Take-up in 2016 got off to a solid start with January take-up reaching 564,000 sq ft. The largest deal of the month was WeWork’s 106,800 sq (...)

Logistics

Germany Investment Market Property Report 2016

By itself, the final quarter of 2015 generated turnover of close to 18 bn € and thus – as expected – set new standards, lifting the (...)

Investment

Investment in Spain - Q4 2015

2015 closed with a GDP increase of 3.2% (0.8% in the last quarter of the year according to Bank of Spain forward data). This rise in (...)

Investment

Investment Market in Poland - Q4 2015

With sustainable economic performance and a number of investors looking for opportunities, the Polish investment market boomed over 2015. This was particularly visible over the last (...)

Office

Central London : Office & Retail Market - Q4 2015

The Central London office market outlook remains positive despite increased exposure to external ‘pollutants’. The London economy and real estate market have performed extremely well, outperforming (...)

Office

Irish Office Market - Q4 2015

Activity in the Dublin office market was strong in 2015, with take-up for the year as whole reaching 265,000sqm, marginally higher than the total for 2014. (...)

Investment

Irish Investment Market - Q4 2015

Irish investment transactions in the final quarter of 2015 reached just under €1.4 billion bringing total turnover for the year as whole to €3.7 billion. 76 (...)

Office

Madrid Offices - Q4 2015

The improved condence of consumers and businesses gave the market sufcient dynamism to make 2015 the year with the highest GDP growth since 2007. Last year (...)

Retail

Retail highstreet : City of Madrid

Madrid occupies one of the leading positions in Spain and Europe in per capita income. Its tourist appeal has also grown, drawing 25% moreforeign visitors over (...)

Office

San Francisco : Office market - 2015

San Francisco unemployment nears historic lows, falling to 3.3% at the end of the fourth quarter 2015. Almost 21,000 new jobs were added during the year, (...)

Office

The investor search for risk-adjusted returns contributed to a rise in investment activity

2015 was an extremely good year for the Norwegian investment market, breaking the previous all-time high by a significant mar- gin. Domestic and global investor search (...)

Office

Miami : Office market - 2015

Unemployment in the Miami metro was back to early 2015’s 5.5% and among the lowest since mid-year 2008. Leading the Miami metro was the leisure and (...)

Investment

The prospect looks positive for investment with deals initiated in 2015 expected to be concluded in 2016

 In 2015, the commercial real estate investment volume reached over € 1.8 billion, the absolute record in Portugal. In 2016, it is anticipated that various financial (...)

Office

The letting market showed strong resilience despite political and economic uncertainties

The investment activity in Istanbul slowed down in 2015 compared to 2014, dampened by the negative effect of economic and political uncertainties. Activity reduced with total (...)

Office

Houston : Office market - 2015

Employment services job growth increased 1.7% in the Houston metro area falling below the 10-year annual average of 2.4%. Another slow year is expected in 2016 (...)

Office

Tenants have the upper hand as a result of high vacancy rates in Helsinki

Infrastructure projects within the Helsinki metropolitan area are shifting the focal points of residential and office area demand and changing the criteria for new construction locations. (...)

Investment

In a negative interest rates environment, investor interest for real estate strengthened and pushed yields even lower

Despite the negative impact of the suspension of the Swiss Franc minimum exchange rate in January 2015, employment growth increased slowly in 2015 compared to 2014. (...)

Investment

The real estate investment market in Geneva was boosted by 3 mega deals in Rue du Rhône

Occupier demand for office premises in Geneva remained weak in 2015. Office supply continued to increase with 230,000 m² available in the Canton of Geneva, 15% (...)

Office

Chicago : Office market - 2015

The Chicago unemployment rate has fallen for four consecutive quarters and ended November 2015 at 5.2% for the Chicago metro. This was a slight increase quarter-over-quarter, (...)

Office

The office market in Budapest is running out of large prime office space

In 2015, the leasing activity rose to almost 340,000 m², reaching its highest figure over the past six years. The market was boosted by several large (...)

Office

European Office Market 2015

European economic recovery is resilient, but the global context is now less supportive. Moreover, significant geo-political and economic events will be happening in 2016. The economic slowdown (...)

Investment

The Vienna real estate market is characterized by stability by international comparison

Office take-up in 2015 totalled approximately 210,000 m², which represents a de- crease of 16% over 2014 and 2016 is expected to reach similar figures. Larger (...)

Office

New York / Manhattan : Office market - 2015

2015 witnessed negative net absorption of 1.4 million SF across all the submarkets in Manhattan. Lower leasing activity, high amount of renewals and some pre-leasing activity (...)

Office

Los Angeles : Office market - 2015

In the fourth quarter, the Los Angeles office market reported market-wide net absorption of 1.6 million SF bringing yearto- date net absorption to over 3.5 million (...)

Office

Washington DC : Office market - 2015

Employment services job growth increased 1.1% in the District of Columbia during the 12 months ending November 2015, which is even with the 10-year annual average (...)

Retail

Let's talk retail : Economic conditions in Europe improved gradually in 2014

The weakness was concentrated in the export sensitive manufacturing sector, where the recent geo-political tension in Europe and the slowdown in China have played an important (...)

Office

European Office Market 2015

The improvement of economic conditions and the better labour market performance in 2014 positively impacted the office markets in Europe. Office take-up in our sample of (...)

Office

Russia : Saint Petersburg office market - 2014

Despite the economic crisis, overall demand for office space in 2014 remained stable, especially for grade B properties. Unsurprisingly Grade A offices in current conditions are (...)

Office

Moscow : Office market - 2014

The economic crisis that hit Russia in 2014 impacted strongly on the office market in Moscow. During the whole year, the market showed negative dynamics in (...)

Office

Greece : Athens office market - 2014

Despite the increased volatility, key macroeconomic indicators in Greece have stabilised or turned positive for the first time since 2008. Economic activity expanded by 0.8% in (...)

Office

Main Office Markets In Western Europe - Q1 2013

With a 0.6% decline in GDP in Q4, the end of 2012 was marked by the deepening of recession in the Euro area. Except the UK (...)