Business Immo, the real estate website

Patrick Becel

Associate Director

Nicolas De Groote

Business Development Director

Victoire De Wismes

Expert Consultant

Romain Hannoun

Consultant location/vente 1ère couronne Nord-Est

Anne Le Daniel

Expert en évaluation immobilière

Aurélie Valencia

Responsable Pôle Clients Francophones - Directeur Adjoint

Territories

Lyon poised to become one of Europe’s reference cities – JLL/EY

One of the top ten European regions for Foreign Direct Investments (FDIs), Lyon’s commercial real estate markets continue to grow and break records year (...)

Office

Paris ranks 4th in the global investment market, while overall volumes are slightly down in 1Q20 (JLL)

According to the last JLL's press release and as uncertainty and volatility surrounds the financial markets, overall investment in commercial real estate fell by 5% (...)

Health / Senior

Healthcare real estate: €800m invested in France in 2019 - JLL

According to JLL, the French healthcare property investment market experienced a calm first half of 2019 with only €211m invested. Thanks to a much (...)

Office

“More than 1.3 million sqm will be delivered in 2020 in the Paris Region”

Business Immo: In your opinion, what are the main findings of the barometer? Marie Gilmas : JLL's analysis is based on two axes and one (...)

Office

Corum sells Zeeman's headquarters in the Netherlands for €27m

Paris-based asset management group Corum has sold, in mid-December 2019, the 45,974 sqm headquarters of Dutch retailer Zeeman, located in Alphen aan den Rijn (...)

Retail

France’s Firce Capital acquires 37,150 sqm Belval Plaza shopping centre in Luxembourg

French investment manager Firce Capital has acquired the Belval Plaza shopping centre in Luxembourg. The acquisition was completed with investment partners including Savile Capital (...)

Retail

French retail finds renewed dynamism in 2019 - JLL

Despite a turbulent year-end, France's retail rental  recorded positive results in 2019, reports consulting firm JLL. Thanks to a particularly dynamic 4Q19, the retail investment market also (...)

Office

French commercial real estate hits record highs in 2019

To say the French commercial real estate market finished the year strong to beat its 2018 record would be an understatement. “A year-end rally (...)

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

Crédit Suisse AM buys Inspira building in Issy-les-Moulineaux from GCI and Benson Elliot

Crédit Suisse Asset Management has acquired the 11,250 sqm Inspira office building, located in Issy-les-Moulineaux, from private Paris-based developer and investor Générale Continentale Investissements (...)

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 (...)

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

More than 1.3 M sqm of office space could be delivered in Greater Paris in 2020 (JLL)

More than 1.3 million sqm. of office space could be delivered in the Greater Paris area in 2020, 52% of which has already found (...)

Career

Steven Khoury joins The Instant Group as Head of France & Client Solutions Europe

Global flexible workspaces specialist The Instant Group has recruited Steven Khoury as Head of France & Client Solutions Europe to support its European growth.  Instant's (...)

Office

Credit Suisse buys 11,250 sqm office building near Paris

Zurich-based Credit Suisse, advised by Paris-based Belvedere Capital, has acquired for one of its real estate funds the Inspira office building, located in Issy-les-Moulineaux, (...)

Finance

Paris is 2019’s top city for global real estate investment - JLL

Benefitting from strong fundamentals, Paris became the world's leading commercial real estate investment market in 2019, according to JLL, ahead of New York, Los (...)

Logistics

Valor acquires three last mile assets in Paris and Lyon for €25m

London-based Valor Real Estate Partners has acquired, on behalf of one of its clients, of three urban logistics assets in France through three separate (...)

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 (...)

Finance

Colliers's French manager adds execs, eyeing doubling AUM to €10bn in five years

The investment manager of adviser Colliers aims to more than double AUM to €10bn within five years, and in France has added three executives (...)

Office

Blackstone said paying €100m for Barcelona’s Tarragona Tower

US fund Blackstone is reported to have paid around €100m to acquire the 18,000 sqm Tarragona Tower office skyscraper in Spain's Barcelona from UBS (...)

Logistics

Barings adds three logistics properties in Paris, Lyon, Poitiers

Real estate investment manager Barings is to acquire three Grade A logistics properties in the French cities of Paris, Lyon and Poitiers, offering a (...)

Retail

AEW’s Europe City Retail enters Portugal, taking fund value to €650m

Investment manager AEW is entering Portugal with its Europe City Retail fund, adding eight properties to take holdings to 23 assets in 13 cities worth (...)

Office

Italy's BNP Paribas REIM sells two Milan office towers for €83m to Kryalos

Italy's BNP Paribas REIM SGR has sold two Milan office towers offering 16,000 sqm GLA to Kryalos SGR for €83m as part of the wind-down (...)

Finance

Real estate exchange IPSX could process 5-10 IPOs this year

IPSX, the dedicated real estate stock exchange launched in London in January, could process five to 10 IPOs this year after strong demand from (...)

Office

KKR, France's Tivoli Capital form new-generation office building JV

New York-based investment group KKR is forming a joint venture with France's Tivoli Capital to develop new-generation office buildings in the largest French cities. Without (...)

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

JLL's Victor German office indicator grows at moderate 1.5%qq in 3Q

JLL's proprietary Victor Prime Office Indicator rose 1.5% in the third quarter, continuing its moderate growth in 2018 and undershooting the 2%-mark set in (...)

Office

US PGIM acquires 7,000 sqm The Square office in Paris

PGIM Real Estate, a division of the US listed Prudential financial group, has acquired the 7,000 sqm The Square office complex in Paris, from funds (...)

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 (...)

Housing

CDC Habitat, Swiss Life confirm group buy of SNCF resi portfolio

Following a BIE report, French CDC Habitat and Swiss Life Asset Managers have confirmed that their group, which includes Germany's Vonovia and two state pension funds, (...)

Office

Expo Real 2018 closes after 6% rise to record 44,536 visitors

Live from Expo Real (Munich) - Munich's Expo Real, the largest real estate trade fair in Europe, ended its annual three-day session Wednesday after (...)

Housing

France's CDC, backed by Germany's Vonovia, said winner of SNCF housing at €1.4bn

With a near €1.4bn bid, France's CDC Habitat, backed by two state pension funds and Germany's Vonovia, has won the 4,000-unit housing portfolio sold (...)

Retail

Paris Austerlitz station's facelift to add over 20,000 sqm of retail

Without a high-speed rail link and away from the main traffic flows, Austerlitz was long overlooked among Parisian rail termini. But this is about (...)

Finance

Venture capitalists invest $1bn in global ConTech startups in 1H

Venture capitalists invested a record $1.05bn in global construction technology (ConTech) startups in the first half of 2018, reports adviser JLL - up nearly (...)

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 (...)

Retail

German Universal, US Hines pay €600m for Paris Champs-Elysées store for BVK

Germany's Universal Investment and US-based wealth manager Hines have paid nearly €600m to purchase Apple's future head office and new concept store on Paris' prestigious avenue des (...)

Finance

Cities not nations will be defining population unit of this century - RICS WBEF

Cities, not nations, will be the defining population unit of this century, and their ability to create digitally-connected but liveable environments is the key (...)

Housing

Is Germany's Vonovia bidding for French SNCF's 4,000-unit resi portfolio?

In a deal being watched at home and abroad, French railway SNCF is selling a portfolio of 4,000 homes in a rare public sector sale that (...)

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 (...)

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 (...)

Hospitality

Spanish REIT Hispania to pay €165m for seven resort hotels

Spanish REIT/SOCIMI Hispania has signed an option to acquire, for €165m, seven hotels of the Alua Hotels & Resorts chain on the Balearic and Canary islands (...)

Office

Election of Macron brings foreign investors back to Paris – Expo panel

Expo Real 4 Oct. 2017 – The election of President Emmanuel Macron is ushering in a sea change in foreign perceptions of France, and external investment is (...)