Business Immo, the real estate website

BNP Paribas Real Estate

Broker / Asset management / Real estate expert / Office developer / Property management

Last update July 17, 2020 | Report an error

Coordinates

167 QUAI DE LA BATAILLE DE STALINGRAD

92867 ISSY-LES-MOULINEAUX CEDEX, FRANCE

Contributors

Agnès Acknin-Boyer

Responsable Fiscal

Jean-Pierre Auriault

Consultant développement durable et 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

Agnès Acknin-Boyer

Responsable Fiscal

Jean-Pierre Auriault

Consultant développement durable et 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

Nicolas Becker

Directeur financier

Nicolas Bellicam

Responsable Investisseurs Institutionnels

Assia Bentires

Responsable du développement des Grands Projets

Laura Bernstein

Consultante immobilier d’entreprise

Lionel Bodénès

Co-Founder ColivMe

Olivier Bokobza

Directeur général du pôle résidentiel - Membre du directoire

Nicolas Boucon

Retail Investment Consultant, French Capital Markets

Juliette Brisac

Chief Operating Officer - Membre du directoire

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 générale adjointe grands projets mixtes

Nathalie Charles

Deputy Chief Executive Officer - Global Head of Investment Management

Raïssa Charmois

Responsable relations presse

Thomas Charvet

Managing Director Commercial Property Development - Membre du directoire

François Chauvey

Directeur de département, advisory France

Servane Costrel De Corainville

Contact presse - BNP Paribas Wealth Management

Lilla Csepanyi

Responsable développement

Jacques D'Estais

Président du conseil de surveillance

Olivier Danziger

Directeur développement immobilier résidentiel

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 - Membre du directoire

Nathalie Dubreu

International Retail Coordinator

Elodie Fabre

Consultante

Henri Faure

Directeur général délégué, Investment management / Fonctions Centrales

Arnaud Feuillet

Consultant investissement

Elvys Fiokouna

Responsable de programmes principal - Immobilier d'Entreprise

Vincent Flamant

Directeur Conformité et 2OPC

Aline Gabriel

Fund Manager

Stéphane Gaux

Directeur des régions, BNP Paribas Immobilier Résidentiel

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

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

Membre du comité de direction

Laurianne Lantigny

Chef de projet développement et commercialisation

Thierry Laroue-Pont

Chairman - Chief Executive Officer

Jérôme Larrousse

Consultant en Immobilier d’Entreprise

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

Alexandre Marcadier

Co-Founder ColivMe

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

European Senior Transaction Manager

Nicolas Obrist

Head of Media Relations

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

Arnaud Sahun

Gestionnaire technique

Bertrand Sannier

Directeur des ressources humaines France

Romain Schrantz

Consultant bureaux location Ouest Ile-de-France

Olivier Sellès

Head of Smart Building Solutions

John Slade

Chief Executive Officer Advisory UK

Guillaume Sottil

Head Of Corporate Development

Jonathan Steel

Global head of occupier solutions hub director UK

Amira Tahirovic-Halilovic

Responsable des relations presse

Bénédicte Teissier

International Retail Analyst

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

Head of International Investment Group

Office

Goldman Sachs sells to Midi 2i a 11,600 sqm building near Versailles

Goldman Sachs has sold the "Les Quadrants" building to Midi 2i, on behalf of its Midi Foncière 4 and Normandie Foncière funds. The 11,600 sqm building (...)

Office

Aix-Marseille-Provence: take-up and investments on the rise in Q3 2020 - Immostat

Contrary to the Greater Paris market, office take-up in the Aix-Marseille-Provence area was on the rise in Q3 2020, amounting to 23,730 sqm (+1%yy), (...)

Career

BNP Paribas Real Estate appoints Thierry Bougeard as Head of pan-European Logistics

BNP Paribas Real Estate is strengthening its pan-European logistics team by appointing Thierry Bougeard as Head of Logistics and Industrial. Reporting to Larry Young, (...)

Finance

Fifth Wall banks on European PropTech

American venture capital firm Fifth Wall Ventures, launched in 2016, has become the largest investor dedicated to PropTech in the United States, with more (...)

Housing

French residential investment down 21% in H1 — Immostat

For the first half of 2020, the total amount of residential investment in France, as defined by Immostat, is €1bn. It represents a 21% decrease, compared to (...)

Office

Amundi Immobilier forward funds two office assets in Madrid

French real estate investment manager Amundi Immobilier has acquired, on behalf of the funds it manages, Alcala 544 and 546, two office buildings with a total surface (...)

Office

Allianz buys Boulogne-Billancourt’s City 1 and City 3 towers for €500m

According to BI sources, Paris-based insurance group BNP Paribas Cardif has sold the City 1 and City 3 towers, part of the CityLights complex in (...)

Logistics

French regional business premises market resists the crisis – BNP PRE

In H1 2020, more than 800,000 sqm were sold on the regional business premises market, a volume down 18% compared with the first half (...)

Office

Primonial REIM buys Saint-Ouen's 8,000 sqm Cinetika office building off-plan

Paris-based investment manager Primonial REIM has acquired off-plan the Cinetika office building, located in the Paris suburb of Saint-Ouen, on behalf of one of its funds. (...)

Office

La Française REM acquires in sale and leaseback a building in Paris 10th

Paris-based La Française Real Estate Managers (REM) has acquired from the IRTS — "Institut Régional de Travail Social", a building located in the 10th arrondissement (...)

Office

Malakoff : InfraRed and Hemisphere sell the 14,300 sqm Tangram building to Amundi

London-based InfraRed Capital Partners and Paris-based Hemisphere have sold the 14,300 sqm Tangram office building, located in the Paris suburb of Malakoff, to French real estate investment manager Amundi (...)

Office

Perial AM acquires Barcelona office building for €14.5m

Perial AM has just acquired an office building for €14.5 M, on behalf of PFO2. It is located in the 22@ district, a sub-market of Barcelona (...)

Office

France’s regional office markets impacted by the Covid-19 crisis - BNP PRE

With nearly 550,000 sqm marketed in the first half of 2020, according to BNP Paribas Real Estate, France’s regional office marketed* are down 43% (...)

Office

Aberdeen Standard Investments pre-lets a 3,700 sqm office space in Paris 16th

Through its Aberdeen Standard European Property Growth Fund (EPGF), Aberdeen Standard Investments has just rented off-plan for Onepoint, a digital transformation consultancy, a 3,700 (...)

Housing

BNP Paribas Immobilier launches its post-Covid housing prototype

During the lockdown, BNP Paribas Immobilier’s residential teams worked on a post-Covid housing prototype and developed five innovations, some of which were born directly (...)

Logistics

Valor Real Estate Partners buys last-mile logistics asset south of Paris

London-based pan-European logistics specialist, Valor Real Estate Partners, has announced the acquisition, from a French private investor, of a 2,500 sqm last mile logistics asset (...)

Career

Sébastien Chemouny appointed as Chair of ULI France

Sébastien Chemouny, Head of France at Allianz Real Estate, has been appointed as the next Chair of ULI France. His two-year term, which is (...)

Office

BNP Paribas Real Estate and Now Coworking launch "Now Connected"

BNP Paribas Real Estate and Now Coworking, an independent coworking operator, have announced the launch of "Now Connected", an offer for the creation, development, (...)

Office

France’s Icawood, WO2 and BNP PRE raise €650m to launch Nanterre's 126,000 sqm Arboretum campus

Icawood, a fund launched by Icamap and Ivanhoe Cambridge, WO2 and BNP Paribas Real Estate announced today that they have raised €650m for the (...)

Finance

“We can expect a lot of activity on Europe's CRE markets for the rest of the year”

Even though investors still had capital to deploy over the last few months, the Covid-19 pandemic led to a 40% drop in CRE investment (...)

Career

Hines appoints new Head of European Logistics

International real estate firm Hines has announced that Logan Smith will be joining the group on 1 July in the new role of Head (...)

Office

Eutelsat to set up its new headquarters in Issy-les-Moulineaux

International satellite operator Eutelsat has announced it has leased 12,000 sqm of office space in a fully renovated, independent building located at 32 boulevard Gallieni, in the Paris (...)

Office

Nuveen Real Estate lets Paris 9th's Liberty office building off-plan

Nuveen Real Estate has just signed two nine-year off-plan leases of the entire Liberty office building, 18 months before its delivery. The 9,200 sqm Haussmann-style complex is located at 36 rue (...)

Office

French insurance group ACM buys 16,000 sqm On Seine office building in Levallois-Perret

In spite of the containment linked to the Covid-19 epidemic, it is still possible to complete real estate investments. According to BI sources, the (...)

Office

“Some 30% of French telecommuters are expected to return to the office this week”

On this first week of progressive deconfinement, Sylvain Hasse, Head of Corporate Services at BNP Paribas Real Estate, looked back with Business Immo on (...)

Office

Left Bank acquires a new office asset in Boulogne-Billancourt

Left Bank has acquired an office building from Covéa Immobilier located at 20 rue de Billancourt in Boulogne-Billancourt. The building covers an area of 3,000 (...)

Housing

Housing: Slight decline in block sales in 2019 —Immostat

The overall volume of block sales of residential assets declines slightly in 2019, according to GIE Immostat. For the year 2019, the total amount (...)

Office

Declining take-up and sharp rise in investment in Q1 2020 (Immostat)

According to GIE Immostat, take-up for office space in the Paris Region —volume of rental transactions and sales to users— totalled 340,300 sqm in (...)

Finance

French property markets capable of weathering the pandemic - BNP PRE

In an analytical note on the impact of the current health crisis, BNP Paribas Real Estate argues: "despite the international pandemic linked to Covid-19, (...)

Office

Saint-Denis' #Curve about to be sold to French Amundi Immobilier

According to BI sources, #Curve - a building of approximately 24,000 sqm of new office space located in the ZAC de la Montjoie in (...)

Logistics

US Invesco acquires 91,000 sqm logistics schemes near Paris off-plan

  Global investment manager Invesco Real Estate today announced the acquisition off-plan of two Class A logistics platforms, located in Artenay and Cernay-les-Reims, and totalling (...)

Office

Primonial REIM pays €216m for Le Valmy building near Paris

Paris-based Primonial REIM has acquired from French REIT/SIIC Gecina the Le Valmy office building on behalf of its SCPI  fund Primopierre. The 29,000 sqm 7-floors office asset, (...)

Office

France's BNP Paribas Real Estate is transforming its CRE development processes

French BNP Paribas’s Real Estate's Development division ended 2019 on a high note, with disposals in the last quarter exceeding €1bn. However, the Group (...)

Logistics

US-based HMC and France's Foncière Magellan sell a 47,000 sqm French business parks portfolio

US investment firm Harbert Management Corporation and French investment and asset manager Foncière Magellan have confirmed the sale of a portfolio consisting of four French (...)

Finance

BNP Paribas Real Estate exceeds €1bn in revenues in 2019

In 2019, BNP Paribas Real Estate crossed the symbolic €1bn revenue mark for the first time, a year ahead of its objectives. “This success demonstrates (...)

Office

Hines sells Perspective Défense office building near Paris to Partners/Arax JV

According BI sources is separating from Perspective Défense, a 25,000 sqm office building in Colombes, north of the La Défense business district. Entirely renovated (...)

Office

DTZ Investors REIM buys Aquarel building in Issy-les-Moulineaux

Acting on behalf of an OPPCI fund, DTZ Investors REIM has acquired the Aquarel office building in Issy-les-Moulineaux, near Paris, from AXA Investment Managers (...)

Logistics

Round Hill Capital makes first investment in France with 5-assets logistics portfolio

Global investment company Round Hill Capital has announced that funds it advises have acquired a 5-assets logistics portfolio from French REIT/SIIC Société de la (...)

Logistics

Ivanhoe Cambridge acquires French logistics portfolio Hub&Flow

Ivanhoe Cambridge, the real estate unit of Québec pension fund CDPQ, has acquired a 430,000 sqm logistics portfolio and the "Hub&Flow" brand from The Carlyle Group following (...)

Office

European CRE investments reach record €281bn in 2019 - BNP PRE

“With more than €100bn, 4Q19 accounts for more than a third of the €281bn invested in 2019, an amount that is 3 % higher (...)

Office

Record 2019 take-up for French regional office markets - BNPPRE

With nearly 1,299,000 sqm rented or sold in 2019, office take-up France’s regional markets (Aix/Marseille, Bordeaux, Lille, Lyon, Nantes, and Toulouse) exceeded its record (...)

Office

Mipim Awards 2020: France leads the way with eight nominations

The finalists for the Mipim Awards 2020 have been unveiled and France comes first with eight projects presented in Cannes, compared to five from (...)

Office

As office rental market transforms, Greater Paris take-up down 10%yy in 2019 - JLL

While Greater Paris office take-up has fallen by 10%yy in 2019, the large surfaces (> 5,000 sqm) segment was the most affected by the (...)

Office

Average rent incentives reach 20.8% in Greater Paris in 4Q19 - Immostat

The average level of rent incentives for new office lettings above 1,000 sqm in Greater Paris increased in 4Q19 to reach 20.8% (+1.5 point (...)

Office

French CDC buys future BNP PRE headquarters near Paris for €500m

France’s CDC Investissement Immobilier - on behalf of the state’s Caisse des Dépôts and insurance group Assurances du Crédit Mutuel (ACM) – has recently (...)

Office

Greater Paris 2019 real estate investment surges 14% to €26.9bn - Immostat

In the Greater Paris Region, the investment volume in commercial real estate reached €26.9bn in 2019, according to new Immostat data, up 14% compared (...)

Office

[BEST OF 2019] France’s top investment deals of the year

Best of 2019, episode 1 - After reaching a record level in 2018, commercial real estate continued to whet investors' appetite in 2019, as (...)

Office

Tristan, Investa pay €147m for eight German offices from Frankfurt's Cording

London's Tristan Capital Partners, together with Germany's Investa Real Estate, has paid €147m for a portfolio of eight German office buildings from Frankfurt's Cording Real (...)

Finance

Emerging Trends in Real Estate Europe: Paris is Europe’s most attractive city

Investments in real estate are expected to remain attractive in 2020, according to the 17th edition of Emerging Trends in Real Estate Europe, the (...)

Office

Germany's Union trims France to €2.8bn with Paris CityZen office sale

Germany's Union Investment has sold the 38,000 sqm CityZen office complex in the sub-market of Bois-Colombes, north-west of Paris, trimming French holdings to a value of €2.8bn. The (...)

Office

Spanish Zara founder Ortega said eyeing €703m buy of London's Post Building

In a new sign of confidence in the UK capital, Pontegadea, the investment vehicle of Spanish Zara founder Amancio Ortega is about to pay (...)

Finance

BNP Paribas RE changes governance to reflect growing European strategy

BNP Paribas Real Estate is changing its governance to reflect a growing internationalisation and strengthen its position in development and key locations such as Italy. Its Board (...)

Office

France's Atland, NL pension mgr PGGM acquire Paris office building

Foncière Atland and the Dutch pension fund manager PGGM are acquring, via their OPPCI vehicle, an office building in Levallois-Perret northwest of Paris, from (...)

Retail

European retail investment slips 25% to €41bn, but headed for renaissance - BNPPRE

European retail property investment slid 25% to €41bn in the last 12 months, but is headed for a renaissance after yields in other sectors (...)

Office

CBRE GI adds 4,370 sqm office asset in Paris's 11th quarter seeing rental upside

CBRE Global Investors has completed the acquisition, on behalf of a client, of a 4,370 sqm office building in the 11th quarter of Paris, (...)

Office

French office investment, at €9.77bn in 1H, boosted by regional cities - BNPPRE

With take-up of 2.06m sqm and €9.77bn invested in 1H19, the French office market remains healthy, with regional cities rising fast in popularity, says (...)

Logistics

France's Amundi, Panhard partner in core logistics, creating AREELI

Following on from a partnership in business parks, France's Amundi and the Panhard Group are joining forces in core logistics, creating the investment vehicle AREELI. To (...)

Housing

BNP Paribas RE aims to become the Booking.com of co-living with new platform

To become the Booking.com of co-living; this is the goal that BNP Paribas Real Estate has set for its new ColivMe online platform - aiming to (...)

Finance

Record Commerz Real purchase, of Millennium Portfolio, said done at €2.5bn

In the largest transaction in its history, said worth €2.5bn, Commerz Real has acquired the Millennium Portfolio of 49 German office, residential and retail (...)

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 (...)

Office

France's Primonial adds 20,000 sqm Saint Denis office complex for €167m

Paris manager Primonial REIM has acquired the 20,000 sqm Green Corner office complex in Saint Denis, a northern suburb of Paris, from REIT/SIIC Covivio for a (...)

Logistics

France can become European leader in supply chain logistics – BNPP RE report

France has the main elements to become the European leader in supply chain logistics, with the sector already representing nearly 10% of GDP and (...)

Finance

European 1H RE investment slips 13% to €102bn, but yields unlikely to rise

First half European real estate investment slipped 13%yy to €101.8bn, but despite slower growth, yield declines show little sign of reversing, says BNP Paribas (...)

Office

French 1H regional office investment rises further to beat record 1H18

After a record 2018, office investment in French regions grew 5%yy in 1H19 to over €1bn, well above the five-year average even without big (...)

Housing

France’s STAM Europe adds historic Paris multi-family for main resi fund

French manager STAM Europe, in the process of being acquired by German listed Corestate Capital, is adding 2,100 sqm of historic Paris multi-family to (...)

Finance

Foreign investment in hotels drives 1H Italy property inflows to record €5.1bn

Property investment in Italy reached a record €5.1bn in the first half-year, driven mainly by foreign investment in the hospitality sector, according to adviser (...)

Finance

Growing uncertainties make guidance more important than ever

Risks and opportunities on international markets: Expo Real, Europe's leading trade fair for property and investment, will be returning to Munich in October to (...)

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 (...)

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 (...)

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, (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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, (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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, (...)

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 (...)

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 (...)

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 (...)

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 (...)

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. (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 % (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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, (...)

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 (...)

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 % (...)

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 (...)

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 (...)

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 (...)

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

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 (...)

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 (...)

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 (...)

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, (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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. (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 – (...)

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, (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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. (...)

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 (...)

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 (...)

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, (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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. (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)

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 (...)