Business Immo: Last year, Grosvenor Europe announced its intention to redirect investments toward Paris’ office market. What is the status of this strategic repositioning?
Steve Cowen: Grosvenor has (...)
Founded in 1997 and managing €1.4bn in assets, Paris-based investment manager Stam Europe has been acquired by German-listed Corestate Capital. In an exclusive interview with Business Immo Europe, (...)
Business Immo: What does Covivio Hotels unit represent today?
Dominique Ozanne: Today, Covivio's hotel business represents €6bn in assets, representing around 15% of our revenues. This activity is therefore (...)
According to JLL’s European Living Survey, around €69bn was invested throughout Europe in the “living” sector, which includes the traditional residential sector, student housing, coliving, multifamily (...)
European retail-focused giant Unibail-Rodamco-Westfield has greenlighted its €700m Sisters Towers project in Paris La Défense, combining office and hotel space.
Sisters will be located in the heart (...)
"Demographic change, rising house prices and supply shortages have established residential alternatives as desirable investments with positive rental growth prospects," says Savills in its 2018 Global Living (...)
Malaysia’s Permodalan Nasional Berhad (PNB) and The Employees Provident Fund Board (EPF) are to acquire the commercial assets in phase 2 of London’s Battersea Power Station development at a base purchase price of £1.58bn.
Expected to (...)
German digital real estate investment platform iFunded has announced a €4m pre-Series A round of financing to extend its offer to institutional investors and integrate blockchain technology.
The financing (...)
Following takeover of Australian Westfield in June, Europe's largest REIT, giant mall group Unibail-Rodamco-Westfield, boosted first half recurring net profit 14.5% to €703m, with EPS up 7.3% to €6.16.
Now the largest listed shopping centre group in the world, URW reported gross (...)