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Business Immo (Business Immo Group)

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Last update April 9, 2018 | Report an error

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Journaliste pigiste

Hospitality

Following 2020 trends, France's hospitality sector had a difficult month in December - Extendam

The French hotel sector will have ended the year 2020 as it has gone through it. According to the most recent monthly barometer carried (...)

Finance

How can investors build a "future fit" real estate strategy ?

BiTV Interview welcomes Neil Slater, Global Head of Real Estate and Deputy Head of Private Markets at Aberdeen Standard Investments. With him we discuss the main (...)

Finance

"Hines France will mark an inflection by opening up to logistics and residential"

Business Immo: What will be the markers of your presidency within Hines France? Xavier Musseau: Taking over this Chairmanship, two values drive me. Firstly, to (...)

Housing

Relatively unscathed this year, French housing should not escape the crisis in 2021 (BPCE)

Relatively preserved by an low interest rate environment, sales of existing homes were little affected by the Covid-19 pandemic, according to a study by the BPCE (...)

Hospitality

"This crisis is very inspiring for many players in the hotel industry"

Business Immo: The health crisis has strongly shaken the hotel sector, forcing many operators to close their establishments over long periods. In your opinion, (...)

Office

"Paris is playing a key role in the global tech economy"

In a new BiTV Interview, we welcome Cyril Robert, Head of Research at Savills France, to discuss the main findings of the Tech Cities report recently (...)

Housing

European residential markets resist to the pandemic - Patrizia

Although the Covid-19 pandemic has disrupted the commercial real estate sector over the last year, market fundamentals for investing in European housing remain largely (...)

Finance

"The French property market should remain highly attractive in 2021"

Business Immo: Despite the difficult context of the last few months, 70% of investors expect the volumes invested in real estate to increase or (...)

Housing

French residential investment heading for record volume in 2020 - C&W

  Generating between €3bn and €4bn of investment annually, the residential segment (classic, intermediate or with services) has shown growing popularity among institutional investors over (...)

Hospitality

Despite performances at half-mast, France's hospitality industry can hope again - Extendam

After a second lockdown decreed on October 29th by the President of the Republic Emmanuel Macron to slow down the Covid-19 epidemic, the poor performance (...)

Career

Amidst transformation, RICS reiterates its commitment to France

Following the announcement of a restructuring plan on 27 November by its CEO Sean Tompkins, the Royal Institution of Chartered Sureveyors (RICS) today reiterated (...)

Finance

As we redefine how we “live, work and play”, investors’ appetite for real estate will remain in 2021 – Principal REI

Because it doesn’t see interest rates moving up for at least the next 18 months, Principal is cautiously hopeful about economic recovery and expects the (...)

Logistics

“There is clear growth potential for Mileway in France”

Business Immo: What is your vision of logistics with Mileway? Fabien Fridrici: We are one of the only companies dedicated to the urban logistics niche, (...)

Retail

Which types of shopping centres to meet tomorrow's retailer challenges? — CNCC/Kantar

Faced with a difficult economic climate, exacerbated by the health crisis, and new consumer expectations, shopping centres are rethinking their model and changing their (...)

Finance

"Because of the low interest rates, there is a huge demand for real estate investments"

BiTV Interview welcomes Jochen Schenk, Chairman of the Board of Management at Real I.S.. The German group having recently passed the €10bn assets under management mark, (...)

Finance

RICS confirms its transformation to a "leaner, more agile, digital-first operating model”

Confirming yesterday's report from Business Immo, Sean Tompkins, Global CEO of the Royal Institution of Chartered Surveyors (RICS), announced today that the organisation “will (...)

Finance

“France, and Paris in particular, will be a major focus of our new core+ vehicle”

Business Immo: Brookfield recently announced the first closing of its first European core+ real estate fund, Brookfield European Real Estate Partnership (BEREP). How did (...)

Career

To cope with the crisis, RICS is preparing a transformation

To face the financial difficulties caused by the Covid-19 pandemic, RICS is preparing to adopt a transformation plan covering both its operations and the (...)

Housing

Without a supply rebound, French developers still struggling in Q3 2020 - FPI

The wish of France’s real estate developers, who had hoped for a rebound after a catastrophic Q2 2020, has not been granted, according to (...)

Hospitality

France’s hospitality sector hit hard by the pandemic’s 2nd wave - Extendam

On 12 October, the Secretary of State for Tourism, Jean-Baptiste Lemoyne, encouraged the French to book their All Saints' Day holidays. Reading the latest (...)

Housing

"By taking a 49% stake in REI Habitat, AXA IM-Real Assets has given us the means to achieve our ambitions"

Business Immo: What does the entry of AXA IM - Real Assets into the capital of REI Habitat represent for REI Habitat? Paul Jarquin: This (...)

Finance

"France's CRE market had a more muted reaction to the pandemic than the UK"

BiTV Interview welcomes Will Robson, Global Head of Real Estate Solutions Research at MSCI. With him, we are discussing the main trends emerging from the most (...)

Listed

Even without a capital increase, URW intends to pursue its Reset recovery plan

Because it was not supported by a qualified majority, being accepted by only 61.62% of the shareholders, the €3.5bn capital increase proposed by Unibail-Rodamco-Westfield (...)

Listed

URW: shareholders reject the €3.5bn capital increase

"Reset" or "Refocus" ? After a (very) media-heavy battle over the strategy to adopt for the recovery of Unibail-Rodamco-Westfield, waged between the management of the Paris-based REIT/SIIC (...)

Logistics

“Urban infill warehouses are the most compelling subsector within the logistic space”

Business Immo: How did this joint-venture between Valor and Quadreal came to be? Christian Jamison: Valor was founded in 2016 and, on behalf of two (...)

Finance

"Colliers International must be able to meet the needs of both users and investors"

Business Immo: You have extensive experience in commercial real estate. Why join the Colliers International group? Antoine Derville: Colliers International has a strong commitment to (...)

Finance

Amidst uncertainty and structural changes, European real estate remains attractive – ULI/PwC

Based on personal interviews and surveys with 995 of the most influential leaders in the real estate industry, the report shows that real estate (...)

Retail

"There is still room in France for new outlets"

Business Immo: How has Marques Avenue weathered the health crisis of recent months, which has been particularly hard on shopping centres and retailers? Zakari Leriche: (...)

Finance

"France will only get more interesting"

BiTV Interview welcomes Tony Smedley, Managing Director and Head of European Private Equity at Heitman. With him, we are discussing the American firm's investment strategy, following its (...)

Listed

"Unlike the activists' plan, the Reset plan proposes to reduce uncertainty through immediate action”

Business Immo: Your Reset plan gets a lot of criticism. Why do you think it is essential to meet the challenges facing Unibail-Rodamco-Westfield (URW)? Christophe (...)

Finance

"Covid-19 and the European Green Deal are accelerating the need for PropTech solutions"

BiTV Interview welcomes Dirk Paelinck, the founder and CEO of Interoffices and Workero as well as the Chairman of the European PropTech Association. With him, (...)

Listed

"Léon Bressler's 'Refocus' plan is heading in the right direction"

Business Immo: Léon Bressler and Xavier Niel strongly criticised the Reset plan announced by Unibail-Rodamco-Westfield. What is your reading of the situation? Benoît Faure-Jarrosson: The (...)

Hospitality

France’s hospitality fundamentals deteriorate in October - Extendam

The hoteliers who were apprehensive about the end of the holidays and a complicated start to the new year were right. According to the (...)

Housing

"The Babel Community’s objective is to spread its concept across every major French cities"

Business Immo: How was the partnership between The Babel Community and the Banque des Territoires born? Benoît Jobert: This partnership was born out of an (...)

Finance

COVID-19 continues to “take its toll on key real estate assets” in Q3 2020 - Preqin

Capital-raising figures have sunk in Q3 2020, according to Preqin data, as the impact of COVID-19 continues to “take its toll on key real (...)

Office

Greater Paris office take-up falls 53% in Q3 200, French CRE investments down 49 - Immostat

At the end of September 2020, office take-up in the Greater Paris Region reached 913,200 sqm, according to new Immostat data, down 46% compared (...)

Finance

EQT raises €1bn for its second real estate fund and develops a residential platform in France

Swedish investment firm EQT announced today the closing of its EQT Real Estate II fund, which has reached a hard cap of €1bn. The (...)

Housing

"Coliving responds, with a more favourable framework, to a demand from institutional clients for residential"

Business Immo: 813 Capital Investment has dedicated its investment strategy to the coliving sector. What does this strategy entail? Adrien Durazzini: We have a strategy (...)

Finance

According to Keith Breslauer, the Covid-19 crisis is pushing investors towards short durations

Keith Breslauer, Managing Director and Senior Partner at Patron Capital, sent a clear message to the investors gathered online to listen to his speech (...)

Finance

"So far, the French market has been a slight underperformer"

BiTV Interview welcomes Simon Wallace, Global Co-Head of Real Estate Research and Strategy at DWS.  With him, we discuss how France’s commercial real estate market faring (...)

Listed

“The financial markets recognise the critical nature of the logistics asset class”

Business Immo: Argan presented its quarterly results this evening. What do you retain from these three quarters marked by a health and economic crisis? Jean-Claude (...)

Finance

"Patrizia remains positive and optimistic about real assets"

For its new "Interview" season, BiTV opens its platform to Business Immo Europe and welcomes Anne Kavanagh, Chief Investment Officer at Patrizia.  With her, we discuss Patrizia's (...)

Finance

French property investments return 0.6% for H1 2020 - MSCI

After concluding 2019 with an overall performance of 8.4%, property investments in France posted a total return of 0.6% in H1 2020, according to (...)

Office

"It’s up to us, office professionals, to reinvent this asset class"

Business Immo: Placed demand for office space was strongly affected by the Covid-19 epidemic. While many companies are starting to telework, what is your (...)

Housing

After a disastrous 2nd quarter, France's developers sound the alarm (again)

Already hit by a very difficult start to the year, French housing development was heavily penalised by the Covid-19 pandemic in the second quarter of (...)

Finance

France’s CRE market sits between risks of dislocation or pleasant surprises – IEIF

The economy, both French and global, has been hit hard by the Covid-19 epidemic and, while activity levels seemed to be gradually returning to (...)

Territories

Through a €26bn recovery plan, French state’s CDC to support housing and retail

Presenting this morning its recovery plan, built during the Covid-19 related lockdown, French state financial institution Caisse des Dépots et Consignation (CDC) announced the (...)

Finance

"From a pricing standpoint, different stories are playing out across the continent"

For its new "Interview" season, BiTV opens its platform to Business Immo Europe and welcomes Tom Leahy, Senior Director at Real Capital Analytics.  With him, we (...)

Career

Marc Bertrand leaves La Française to join Amundi, Philippe Depoux to replace him

This autumn, France’s real estate job market is picking up again. As recently announced on Business Immo, Jean-Marc Coly (62) will soon be retiring (...)

Territories

New retail surfaces: French Premier calls on the prefects to prevent soil artificialisation

Following the proposals of the citizens’ convention for the climate, French Prime Minister Jean Castex sent a note to prefects on August 24th asking (...)

Finance

The European senior housing sector not overly affected by the pandemic- Savills

The Covid-19 pandemic has had a limited impact on the senior housing industry and investors have retained a strong appetite for the sector, a (...)

Finance

"Tokoro Capital's first fund will target London and Paris offices"

Business Immo: Why have you created Tokoro Capital? Max Bassadone: When we thought about raising capital, we tried to do things slightly differently by breaking (...)

Office

La Défense: Unibail-Rodamco-Westfield to relocate headquarters in the Trinity Tower

Listed property giant Unibail-Rodamco-Westfield has announced the installation, in the summer of 2021, of its future headquarters in the Trinity Tower, its latest office (...)

Listed

Gecina anticipates 2020 results close to its initial guidance

While some listed real estate companies were heavily impacted by the Covid-19 epidemic, Paris-based REIT/SIIC Gecina was able to limit the damage in H1 (...)

Housing

"The German housing market convinces above all by its stability"

Business Immo: What are the main attractions of the German residential market for real estate investors? Tristan Hinseler: The German residential real estate market convinces (...)

Finance

“The main goal of our new REOC business is to build companies and provide them additional capital”

Business Immo: Principal Real Estate has recently announced the relaunch of its real estate operating company (REOC) strategy. What does this project entail? Todd Everett: (...)

Housing

France’s real estate developers unveil new housing recovery plan

“Let's help the city of tomorrow get out of the ground." This is the motto of the recovery plan recently presented by French developers’ (...)

Finance

"In France, we want to remain active across all asset classes"

Business Immo: You become Head of Investments in a particularly troubled climate for real estate investors. How does the current period influence your investment (...)

Logistics

As appetite for logistics grows, industrial and retail yields are converging - Savills

Industrial may have been historically the highest yielding sector of the three established commercial real estate sectors, but because investor demand for logistics has (...)

Territories

"I want to connect my term to the major underlying trends driving the real estate industry."

Business Immo: You have been active within ULI France for several years. Why this involvement? Sébastien Chemouny: I have been working for Allianz for ten (...)

Finance

Real estate transparency is progressing worldwide, but overall improvement is the weakest since GFC – JLL/LaSalle

Transparency is progressing across most countries and territories, but overall improvement is the weakest since the period directly following the Global Financial Crisis, reports (...)

Finance

Greater Paris office take-up drop 40% in H1 2020, French CRE investments down 20%

Over first half 2020, office take-up in the Greater Paris Region reached 667,500 sqm, according to new Immostat data, down 40% compared to H1 2019. (...)

Finance

French PropTech company Unlatch raises €5.2m, to expand into Spain and England

Having tripled its turnover and passed milestone of 200 developers having adopted its real estate sales digitising solution in 2019, French Proptech company Unlatch (...)

Retail

To house its second downtown Paris store, Ikea will pay €130m for 144 rue de Rivoli

Despite the current retail environment, IKEA clearly has no intention of revising its ambitions to set up operations in the heart of Paris. Not (...)

Finance

“There are important economic reasons to adopt an environmentally conscious approach to investing”

Over the last 10 years, Norges Bank Investment Management, the investment manager of Norway's giant Pension Fund Global, has built an unlisted real estate (...)

Housing

European multifamily investment activity is expected to remain strong in 2Q20 - Savills

Multifamily investment activity in the first quarter of 2020 approached €11.6bn in the 12 European markets monitored by Savills, the firm says in a (...)

Logistics

As e-commerce transforms the logistics sector, investors crave last mile assets – Aviva Investors

As e-commerce companies look to accelerate delivery times, the logistics sector is transforming, states a recent Aviva Investors study, with strong demand for “last (...)

Territories

France’s Acsan and Regional Partner merge to form Ancoris

French real estate operator Axtom today announced the acquisition of Regional Partner, a company working in the promotion of territories and business prospecting, and (...)

Green

Aiming for carbon neutrality, Frey will invest €35m in the French timber industry

French retail REIT/SIIC Frey presented yesterday a new CSR strategy, which should enable it to achieve greenhouse gas emission neutrality by 2030. To this (...)

Finance

With lockdowns easing, investments should resume in 2H20 - Savills

As the world is starting to get out of lockdown and a majority of countries are loosening restrictions, occupier demand has been the first (...)

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

Amundi Immobilier: who to succeed Jean-Marc Coly?

According to BI sources, after more than five years at the head of Amundi Immobilier, Jean-Marc Coly, 62, is due to retire soon. His (...)

Office

Greater Paris take-up should drop significantly in 2020

One month after the end of lockdown, the impact of the coronavirus epidemic on the Greater Paris office sector is undeniable. According to JLL, (...)

Finance

“Why CIIAM is becoming Colliers Global Investors”

Eight months after taking over as head of Colliers International Investment & Asset Management (CIIAM), Arnaud Broussou, its chairman, and Grégoire Deramecourt, its managing (...)

Finance

"Pan-European real estate funds are caught in a vicious circle"

Faced with the economic and social changes brought about by the Covid-19 epidemic, pan-European real estate funds have to deal with many uncertainties, particularly (...)

Retail

Covid-19 further restrains Europe’s retail investment market – ULI Europe

In an update to its Reshaping Retail report published at the beginning of the year, ULI Europe revisited the current status of retail real (...)

Housing

France’s new home market collapses, but not because of Covid-19

Whether in terms of supply or demand, French housing development indicators are in the red in the first quarter of 2020, reports the developers’ (...)

Office

With demand for core European offices holding up, pricing remains somewhat stable... for now – UBS AM

After reaching a record high in 4Q19, surpassing the previous record by 30%, European office transactions will fall significantly in most markets in 2Q20, (...)

Retail

"A lot of retail projects in the pipeline today won’t see the light of day"

The development of new shopping centre space in Europe has been on the decline since the record 9 million sqm reached in 2008. According to Boris (...)

Finance

Global real estate AUM stands at €3.2tr, up 15.7% - INREV

Total real estate assets under management (AUM) stands at €3.2tr at the end of 2019, according to the ANREV/INREV/NCREIF Fund Manager Survey 2020, a (...)

Finance

Global real estate agencies withdraw from Expo Real 2020

Global real estate agencies Cushman & Wakefield, JLL, CBRE, Savills and Avison Young have canceled their participation in Expo Real, citing the risks associated (...)

Retail

Despite mediation, French landlords and retailers do not agree on rents

Following the mediation set up on 23 April by Minister Bruno Le Maire, France’s Ministry of the Economy and Finance announced the drafting of (...)

Retail

"Today's retail is more digital, but still as multichannel as ever"

The e-commerce activity of the Fnac-Darty group, which became its sole distribution channel for several weeks, doubled during the lockdown caused by the Covid-19 (...)

Office

France's Realiz3D adapts its space planning algorithm to Covid-19 restrictions

In response to the health issues faced by office users, owners and brokers during the resumption of their activities, French software editor Realiz3D has (...)

Finance

"Just because we’re forced to invest doesn’t mean we have to make mistakes"

Despite the disruption caused by Covid-19, Amundi Immobilier continued to invest during the spring with acquisitions in Barcelona and Warsaw. As several European countries (...)

Office

The City remains the world's leading business district, La Défense confirms attractiveness - EY/ULI

Despite the disruptions caused by Brexit, the City in London remains the world’s leading business district, according to the Global Business Districts Attractiveness Barometer 2020 (...)

Retail

"Health issues will change the design and organisation of companies"

To respond to the health risks caused by the Covid-19 epidemic, inspection and certification company Bureau Veritas is helping French REIT/SIIC Unibail-Rodamco-Westfield update its (...)

Housing

"The social toll caused by the lack of future projects points to an economic crisis"

After two months of lockdown, as the country begins its reopening this week, construction is gradually resuming in France. But the resumption of construction (...)

Finance

As lending standards tighten, a long-term CRE transformation is on the horizon – Scope

“The question is not whether the European commercial real estate sector will be affected by Covid-19 but how severely and for how long,” says (...)

Office

Savills IM buys Paris 8th's 35 Bassano for €40m

Savills Investment Management has announced the acquisition, on behalf of a foreign investor and as part of a sale and leaseback, of 35 rue (...)

Finance

"At this stage, Paris' real estate market is going through a difficult but not dramatic situation"

In the 2020 edition of their study Emerging Trends in Real Estate Europe, PwC and Urban Land Institute named Paris the most attractive city (...)

Finance

"Because demand will remain active, Socfim must accompany the supply recovery"

Although the slowdown in its activity has forced Socfim to review its 2020 plan, the BPCE banking group subsidiary is continuing its work with (...)

Retail

Hammerson says Orion does not intend to close £400m retail parks acquisition

UK retail REIT Hammerson was notified yesterday by Orion Capital Managers that the Paris-based real estate manager does not intend to complete its £400m (...)

Finance

"Despite coronavirus, we can expect a certain dynamism in the real estate sector in 2020"

When EY carried out its study forecasting the major trends that could influence real estate investment in France this year, the French players (listed (...)

Housing

During containment, coliving demonstrates its resilience (CFI)

According to a survey of British, German, French and Spanish managers and investors conducted by Crédit Foncier Immobilier (CFI), the occupancy rate of European (...)

Retail

French government appoints a mediator to conduct rent negotiations between landlords and retailers

France’s Minister of Economy and Finance Bruno Le Maire has appointed Jeanne-Marie Prost to lead the mediation on rents between landlords and retailers. “I have (...)

Territories

French government rectifies suspension of deadlines on building permits

In order to facilitate the continuity of activity in the construction, development and real estate sectors, the French government has reduced extensions of deadlines (...)

Retail

French government urges landlords to cancel 3 months' rent for closed small shops

The French government is asking large property owners to suspend for three months the collection of rents owed the rents owed by very small (...)

Finance

“In the current capital-constrained environment, having a significant amount of dry powder positions Blackbrook Capital quite well”

The onset of a global pandemic might seem like a bad time to launch an investment real estate investment firm. Yet, with €1bn of (...)

Finance

French state’s CDC posts €2.7bn earnings for 2019

French state financial institution Caisse des Dépots et Consignation (CDC) reported aggregated earnings for last year of €2,7bn, down from last year’s €3.3bn. The lower (...)

Hospitality

After €550m Paris Westin buy, Henderson Park eyes more across Europe

Following its €550m acquisition of the Westin Paris-Vendome last year, its second luxury Paris hotel buy, private equity firm Henderson Park is looking for more across (...)