Business Immo, the real estate website

Luc-Étienne Rouillard Lafond

Rédacteur en chef Print

Business Immo

Press / School training

Last update September 12, 2022 | Report an error

Coordinates

81 RUE TAITBOUT

75009 PARIS, FRANCE

+33 1 78 96 10 00

+33 6 77 47 55 70

lelafondrouillard@businessimmo.fr

  • Rédacteur en chef Print chez Business Immo
  • +33 1 78 96 10 00
  • +33 6 77 47 55 70

Personal informations

Diploma(s)
  • Diplôme de journalisme - Université du Québec à Montréal
Professionnal career
  • 03/2021 - ... : Business Immo Group - Rédacteur en chef Print
  • 03/2016 - 03/2021 : Business Immo Group - Journaliste

Contributors

Mariétou Barry

Chargée d'affaires

Audrey Cerati

Chargée service clients régie - Cheffe de projet CRM

Delphine Chho

Data Team Lead

Arthur de Boutiny

Journaliste pigiste

Mariétou Barry

Chargée d'affaires

Audrey Cerati

Chargée service clients régie - Cheffe de projet CRM

Delphine Chho

Data Team Lead

Arthur de Boutiny

Journaliste pigiste

Claire Deshayes

Graphiste sénior

Aristide Desvaux

Account Manager

Jean-Baptiste Favier

Rédacteur en chef Vidéo

Ruth Fontus

Account Director

Charlotte Geirnaert

Responsable conférences et formations

Emmanuelle Graffin

Journaliste - Secrétaire de rédaction

Pierre Guidou

Product Designer

Anne Herlin

Secrétaire de rédaction - Iconographe

Laura Kelberg

Responsable marketing et communication

Gilles Le Gargasson

Business Analyst

Stanislas-Nour Lebaudry

Chef de projet communication et marketing

Benoît Léger

Chef des informations web

Sylvie Melon

Formatrice - Responsable pédagogique

Ève Montanari

Responsable abonnement et diffusion

François Oullion

Chargé d'affaires

Nadia Pereira

Comptable clients

Sophie Roulet

Architecte DPLG - Designer - Journaliste

Sandra Roumi

General Manager Costar France - Présidente déléguée Business Immo

Laura Roumi

Graphiste junior

Anaïs Sarazin

Community Manager

Gaël Thomas

Directeur des rédactions, en charge des contenus

Mehdi Touazi

Journaliste web

Jean Venet

Coordinateur data-journalisme

Véronique Watelet

Directrice opérationnelle du pôle carrières - Directrice Business Immo School

Logistics

Tristan commissions Eastdil and JLL to sell a 28-asset logistics portfolio in France

Tristan Capital Partners has appointed Eastdil Secured and JLL to sell a portfolio of logistics properties across France, according to CoStar News. The portfolio, (...)

Logistics

Segro sells Onyx portfolio for around €135m

The waltz of the French logistics portfolios continues to pick up the tempo, and it is now the turn of an American investor to (...)

Office

"Companies are clearly opting for central locations, even if it means taking up a little less floor space"

Business Immo: In the light of the changes in working patterns brought about by the health crisis, how are companies shaping their property strategies? Catherine (...)

Retail

Valentino re-signs for 12 years at Paris 1st's 273 rue Saint-Honoré

Despite increased competition, not all the major fashion houses are opting to acquire their premises on the capital's finest thoroughfares. According to our information, (...)

Housing

Around the world, housing between crisis and opportunities

"The housing crisis is by no means unique to France; on the contrary, it can be observed in most of the world's developed economies", (...)

Office

"Offices retain big advantages for investors"

Business Immo : Offices were widely debated by investors during Mipim, more often than not negatively. How do you explain this scepticism for the asset (...)

Housing

"The most active player in the residential market last year, Greystar hopes to surpass its investments in 2024"

Business Immo : You took over as head of Greystar France over a year ago. What is your assessment of the managed residential property (...)

Listed

European listed property ready for another rebound, according to Sofidy

"At the beginning of 2022, we left the realm of negative interest rates and property companies adjusted instantly to an unknown interest rate landing (...)

Finance

"France was not the only real estate market reporting a negative total return in 2023"

 BiTV Interview welcomes Tom Leahy, Head of EMEA Real Assets Research at MSCI. With him, we discuss the recently released MSCI France Annual Property Index, which (...)

Retail

Corum Origin sells 20,000 sqm of retail space in the Netherlands

After completing three disposals in 2023 for a total of €26.1m, SCPI Corum Origin has signed its first sale of the year, Business Immo (...)

Hospitality

Paris 9th: CDC Investissement Immobilier acquires a 4-star hotel residence

CDC Investissement Immobilier has definitely regained a taste for commercial property. According to our information, the property asset management subsidiary of Caisse des Dépôts (...)

Finance

"We are capable of seeking out value and adapting to it"

Business Immo: How do you see the French office market? Thibault Delamain: There's a lot to be said on the subject, particularly since the health (...)

Finance

"Robust" 2023 results for Caisse des Dépôts, despite the negative impact of real estate

"All asset classes performed positively, with the exception of office property," observed Éric Lombard, Chief Executive Officer of French state financial institution Caisse des Dépôts, (...)

Logistics

Corbas : Prologis sets a new reference for prime French logistics

This is "the deal that will open up the 2024 market", a logistics player familiar with the matter assures us. "It's a deal that will (...)

Hospitality

The French hotel industry returned to a "more traditional seasonal pattern" in February (Extendam)

After a string of extraordinary RevPAR increases during 2023, the French hotel industry saw its performance return to a more usual pace in February (...)

Finance

At Mipim, real estate investors want to believe in a normalisation of the market

After the macroeconomic storm of the last two years, whose thick fog forced property investors to put their allocation decisions on hold, could it (...)

Finance

AEW Patrimoine remains firmly in a "buy" position

Although it has not been completely spared by the complicated market environment for SCPIs, between asset devaluations and liquidity issues, AEW Patrimoine has not (...)

Finance

"At Blackstone, we are not waiting for the ‘all clear’ signal"

Business Immo : The European property markets have been particularly turbulent over the last two years, with galloping inflation, a sharp rise in interest rates (...)

Finance

Real estate financing: no relief on the horizon

With the interest rate environment at its "highest level since the 2008 financial crisis", the property finance market remained under severe pressure in the (...)

Housing

SLAM France and Linkcity put build-to-rent into action

Swiss Life Asset Managers France and Linkcity are to build the first 73-unit residence in Rouen for Neoz, their joint build-to-rent offering of serviced (...)

Housing

CDC Habitat signs €900m partnership with Bouygues Immobilier

CDC Habitat has signed a new strategic partnership with Bouygues Immobilier, with the aim of responding to the property crisis by supporting production and (...)

Finance

“The rate shock didn’t seem to be a complete disaster like in 2008”

Business Immo: The sudden interest rate hikes have reshuffled the decks across all the real estate markets over the last 18 months. What are (...)

Office

Paris 9th: Oxford Properties crystallises the value of 32 Blanche

According to our information, Oxford Properties signed at the end of last year a 2,800 sqm lease with Swiss company EOS Imaging at 32 (...)

Logistics

Boasting record occupancy rate in France, Prologis expects a logistics market rebound in 2024

"Last year's economic climate was fairly complicated, but the logistics sector remains resilient despite the geopolitical and macroeconomic context," observed Cécile Tricault, Regional Head (...)

Finance

"Despite a challenging market, Patrizia stayed close to its convictions in 2023"

BiTV Interview welcomes Philipp Schaper. CEO European Real Estate at Patrizia. Despite a very challenging investment environment, the German investment manager closed over €3.5bn of real (...)

Office

Hermitage Plaza: the saga may not be over yet

The saga has been going on for more than a decade, and it may not yet have seen its final twists and turns. According (...)

Finance

"It is important to stress that Primonial REIM France posted satisfactory results in 2023"

Business Immo: The discourse surrounding property management companies, and SCPIs in particular, has been particularly negative over the past year, which has been marked (...)

Hospitality

A moderate start to the year for the French hotel industry (Extendam)

After several months of successive increases in RevPAR to end 2023, "the hotel markets have had a moderate start to the year", says Vianney (...)

Listed

Buoyed by its rental income, SFL has limited the damage in 2023

Despite a host of encouraging operating indicators, SFL saw the value of its property assets fall by 10.5% on a like-for-like basis over the (...)

Logistics

With ZNA, French logistics investors facing scarce supply... and value creation opportunities

In its summary guide dated 27 November last year, France's Ministry of Ecological Transition and Territorial Cohesion defended its goal of zero net artificialisation (ZNA) (...)

Finance

"The Olympic Games will put France and the Paris region under the spotlight"

BiTV Interview welcomes Pierre-Edouard Boudot, Executive Director – Research and Strategy at CBRE France. In a recent study, CBRE analysed the potential effect that the Olympic (...)

Office

Real I.S. installs a fashion house at Paris 8th's 53 Hoche

Last December, Christoph Erven, President of Real I.S. France, told Business Immo that he was receiving "a lot of interest from potential tenants at (...)

Finance

BNP Paribas REIM on the lookout for new opportunities

A wholly-owned subsidiary of the BNP Paribas Group and part of its Real Estate division, BNP Paribas REIM celebrated the 60th anniversary of its (...)

Finance

"Value destruction has sped up since the summer"

Business Immo: How do you interpret the sharp fall in the volume of investment in commercial property in 2023? Olivier Ambrosiali: In France, investment volumes (...)

Finance

Norges Bank IM confronted by the polarisation of the property markets

When it presented its results for 2023 earlier this week, Norges Bank Investment Management reported that its global property exposure had returned 0% over (...)

Office

Paris 8th : 24 Hoche soon to be sold by La Française REM

The building opposite the famous Royal Monceau in Paris's 8th arrondissement is set to change ownership. In 2016, La Française REM reconstituted full ownership (...)

Logistics

"Boreal IM is very well positioned to take advantage of the opportunities ahead"

Business Immo: Boreal IM recently completed its second acquisition in France, the Daisy portfolio. What stage has your group reached in its development? Louis-Simon Ferland: (...)

Office

A deal to revive the La Défense's capital market?

If the Île-de-France real estate capital market has slumped in 2023 - €7.2bn committed according to Knight Frank (-60% over one year) - what (...)

Finance

"As markets recover, higher-risk strategies tend to perform very well"

BiTV Interview welcomes Iryna Pylypchuk, Director of Research and Market Information at INREV. With her, we discuss the 2024 Investment Intentions Survey published last week by (...)

Logistics

Boreal IM confirms the acquisition of the Daisy portfolio

As announced by Business Immo last October, Boreal IM and Cadillac Fairview, the property arm of the Ontario Teachers' Pension Plan, have confirmed the (...)

Finance

Should French real estate fear turbulence as it braces for landing?

"The first thing that is clear is that the period of monetary unorthodoxy observed over the last 15 years is over", says IEIF Chairman (...)

Career

Laurence Batlle is no longer Chairman of Foncia

Laurence Batlle, who arrived from RATP Dev in January 2022, is no longer president of Foncia ADB, Business Immo has learned. When contacted, she (...)

Finance

Real estate industry hit hard by business failures

It is now common knowledge that the property industry, like other sectors, is navigating in troubled waters under the combined effect of several factors (...)

Hospitality

Record RevPAR for the French hotel industry in 2023 (Extendam)

The French hotel industry ended 2023 as it began, according to the monthly barometer produced by Extendam, with the support of various partners*. Despite (...)

Career

Stagnating salaries, hiring freeze... France's real estate hiring market at a standstill

"Real estate players are showing a great deal of caution, with 2023 likely to be a year of two halves, with the first half (...)

Hospitality

"The few investors able to deploy capital will be in a strong position"

Business Immo: In the autumn you announced the creation of a new structure, Petra, as well as two acquisitions, on behalf of an Adia (...)

Career

Emmanuel Desmaizières could replace Bernard Mounier as head of Bouygues Immobilier

The transition period at the top of Bouygues Immobilier is unlikely to last very long. According to our information, the Bouygues Group subsidiary has (...)

Listed

"We remain cautiously optimistic for the European listed real estate sector in 2024"

At the EPRA Insights 2024 conference, BiTV Interview welcomed Dominique Moerenhout, CEO of the European Public Real Estate Association. Amidst macroeconomic and geopolitical tensions, how did (...)

Logistics

"The challenge for Logicor is to maximise its land reserves or reposition its existing assets"

Business Immo: You've been in charge of Logicor's business in France since September 2022. What is your group's current position in France? Laurent Dubos: Logicor (...)

Retail

Sofidy and Klépierre join forces in O'Parinor acquisition

It's now official. O'Parinor, the shopping centre in Aulnay-sous-Bois, has been sold by Hammerson and the Korean fund National Pension Service of Korea (NPS). (...)

Finance

"For 2024, logistics and residential are our top markets for capital value recovery"

BiTV Interview welcomes Hans Vrensen, Head of Strategy & Research Europe at AEW. In a report titled “2024 European Outlook: Repricing Triggers Revival”, AEW projects that (...)

Office

Pontegadea in pole position for a Paris CBD gem

Pontegadea, the investment company of Spanish Inditex group founder Armancio Ortega, has made Paris CBD one of its targets. According to BI sources, the (...)

Finance

Finally the year of the new cycle?

"Central banks have a mandate to ensure price stability in the medium term, so they had no choice but to raise their interest rates", (...)

Logistics

Two logistics portfolios sold, two failed sales... and two up for sale

The market for French logistics portfolios has been gathering pace since the start of the autumn, and is now coming into sharper focus as (...)

Finance

"In this crisis context, there will be a lot opportunities next year in France"

BiTV Interview welcomes Christoph Erven, President of Real I.S. France. In a release sent out last week, the German investment management group stated that, “faced (...)

Logistics

Valor leases more logistics assets in Paris and Lyon

Valor Real Estate Partners is ending 2023 on a high note in France. Following the recent acquisition of an asset in Wissous, the pan-European (...)

Office

"With Black, all our work has been to breathe urban life back into this site"

An urban history Germain Aunidas: Ten years ago, AXA IM Alts and Redman became interested in this site in the Bac d'Asnières district. From the (...)

Hospitality

Growth of French RevPAR (still) driven by average price hikes

Month after month, the French hotel industry continues to hold up well, according to the monthly barometer produced by Extendam, with the support of (...)

Housing

EQT Exeter steps up its ambitions in France with two acquisitions in Bordeaux

EQT Exeter, the property arm of international management company EQT Group AB, has acquired two student residences totalling more than 9,000 sqm in the (...)

Logistics

Etche sells 29,000 sqm portfolio in Lyon

Another French logistics portfolio is changing hands. This time, Etche, the logistics platform of US investor KKR in France, has sold the Gallic portfolio, (...)

Office

"More than ever, the office remains central for employees"

Business Immo: What changes have you seen in the way people in the Paris region relate to their working lives over the last decade? Frédéric (...)

Finance

The year 2023 worse than expected, according to the MSCI Barometer

Carried out in October 2023 among a panel of investors whose combined real estate assets exceed €280bn, the survey conducted by MSCI and BPCE (...)

Hospitality

Corum makes its return to France by acquiring a hotel portfolio

At the end of a busy year in which the management company completed almost €1bn of investments, Corum Asset Management has made its first (...)

Office

Could metaverse be the next real estate frontier?

Although venture capital and private equity investors are pouring colossal sums of money into the sector - $13bn by 2021 according to McKinsey - (...)

Logistics

Valor acquires a last-mile logistics asset in Wissous for €17m

British investment manager Valor Real Estate Partners is continuing to expand in the Paris region with the off-market acquisition of an urban logistics 6,000 (...)

Office

Failing satisfactory bids, Deka Immobilien may not sell Paris 8th's Solstys

As revealed by Business Immo last week, at least €15bn of transactions will have been presented to the market in 2023 before being withdrawn (...)

Finance

"In 2023, the lack of transactions and limited value correction has done a disservice to France"

In the fifth English instalment of a special BiTV Interview series celebrating issue 200 of Business Immo Global magazine, we welcome Beverley Kilbride, Chief Operating (...)

Housing

Faced with a market in crisis, Véronique Bédague defines the "New Nexity"

"We are truly in a new world", declared Véronique Bédague, Chairman and CEO of Nexity, yesterday. For France's leading property developer, which has seen (...)

Logistics

Logicor acquires two urban logistics assets in Le Blanc-Mesnil

Logicor is strengthening its presence on the French market with the acquisition of two urban logistics assets located on the Coudray industrial estate in (...)

Finance

€15bn worth of deals withdrawn from the French property market in 2023

"Due to a lack of agreement between sellers and buyers, the number of deals withdrawn from the market has been countless, in fact since (...)

Retail

A €1bn deal on the Champs-Élysées

It has become a key theme for the French commercial real estate market in 2023: luxury groups are snapping up prime Parisian real estate. (...)

Finance

"We are still in a 'too early to buy, too late to sell' phase"

In the fourth English instalment of a special BiTV Interview series celebrating issue 200 of Business Immo Global magazine, we welcome Aldo Mazzocco, CEO (...)

Logistics

"We want Etche to become a pivotal player in the French logistics market"

Business Immo: How has Etche's portfolio evolved since it was bought by KKR in 2020? Vincent Lauret: When KKR bought Etche, our portfolio consisted of (...)

Career

Thomas Ostré promoted by La Française

La Française has promoted Thomas Ostré to Head of Business Development - Middle East and Global Financial Institutions Relationship Manager at La Française, Business (...)

Retail

Realty Income acquires a Decathlon megaportfolio

Here's at least one major real estate transaction that won't be derailed by the financing crisis ! According to our information, the promise to (...)

Finance

"The real estate market through this interest-rate shock has been deprived of liquidity"

In the third English instalment of a special BiTV Interview series celebrating issue 200 of Business Immo Global magazine, we welcome Martin Brühl, Chief (...)

Office

"Office investment : fighting value obsolescence"

Business Immo : How do you see the investment market, and more broadly, the macroeconomic context ? Cevan Torossian : With almost €9bn invested (...)

Housing

"Our discussions with developers are taking place in a tighter context than in 2020"

Business Immo: At the end of spring, CDC Habitat launched a plan worth more than €3bn to build 17,000 homes. What is the current (...)

Finance

"Despite the macroeconomic environment, Blackstone is putting capital to work in Europe"

In the second English instalment of a special BiTV Interview series celebrating issue 200 of Business Immo Global magazine, we welcome James Seppala, Senior Managing (...)

Finance

At the IEIF conference, the new world takes shape between "making do" and "doing better"

Although the economic context seems to be dampening hopes of continued growth, "it offers a much healthier environment", believes Christophe Morel. Taking note of (...)

Hospitality

The French hotel industry maintained its buoyant momentum in October (Extendam)

Despite a slight fall in occupancy rates, the French hotel industry continued to record rising RevPAR in October 2023, according to the monthly barometer (...)

Office

Tomorrow's office more technological, ecological and free… but still popular (SFL/Ifop)

How will we work in ten years' time? What will the office look like then? These are the questions that SFL and Ifop set (...)

Office

Deka Immobilien sells a French portfolio... and that's just the beginning

In an off-market deal, German investor Deka Immobilien has sold its compatriot AM Alpha a portfolio comprising two office buildings in Bordeaux and Boulogne-Billancourt (...)

Finance

"Through every cycle, real estate can provide a diversified exposure for a multi-asset portfolio"

In this first English instalment of a special BiTV Interview series celebrating issue 200 of Business Immo Global magazine, we welcome Tony Brown, Head (...)

Finance

Paris remains an attractive property location... for the time being

Buoyed by the depth and liquidity of its property market, Paris has once again done well in the "Emerging Trends in Real Estate Europe" (...)

Territories

Mipim 2024: new initiatives to meet pressing challenges

Historically a "meeting place for projects and investors", Mipim has a duty to offer content that is "adapted to changing times", according to Nicolas (...)

Finance

European real estate professionals remain pessimistic for 2024 (ULI/PWC)

According to the 1,089 property professionals who took part in the interviews, surveys and round tables conducted over the summer by the Urban Land (...)

Listed

The stabilisation of interest rates is serving Europe's listed property well, according to Sofidy

Listed property in Europe is currently enjoying an impressive rebound. With a 16% rally since 25 October - "the strongest rally ever recorded for (...)

Logistics

"We are seeing very interesting fundamentals and intrinsic value in European data centers"

BiTV Interview welcomes Sebastian Dooley, Senior Fund Manager at Principal Asset Management. With him, we discuss the firm's recent final close of its Principal European (...)

Finance

"Being a long-term investor should not be an excuse for doing nothing"

Business Immo: Faced with severe macroeconomic tensions, the European property markets are going through a cycle reversal, resulting in a sharp fall in transaction (...)

Office

La Française REM invests €63m in London's West End

Its president Philippe Depoux told Business Immo a few weeks ago that its "acquisition volume should not exceed €800m this year", compared with €1.5bn (...)

Hospitality

The French hotel industry starts autumn on a good note (Extendam)

After a radiant summer, French hoteliers enjoyed a dynamic September month, with RevPAR up (again) and occupation levels still buoyant, reveals the monthly barometer (...)

Finance

"Many asset classes offer attractive prospects for investors"

Business Immo Global : How are the inflationist pressure and interest rate environment evolution affecting the American commercial real estate markets? Richard Barkham : Even (...)

Logistics

Portfolio deals are igniting the French logistics investment market

Only €1.5bn has been committed to the French industrial property market since 1 January, a paltry volume compared to that of 2022 (-72%), which (...)

Finance

"In Q3 2023, the UK is starting to recover while Germany and France are playing catch-up"

BiTV Interview welcomes Iryna Pylypchuk, Director of Research and Market Information at INREV, is a guest on BiTV. With her, we discuss the INREV Quarterly Fund Index (...)

Logistics

Canada's Cadillac Fairview to buy Daisy portfolio from Blackstone

Acting on behalf of its pan-European logistics joint venture with Cadillac Fairview, Boreal Investment Management is reportedly in the process of acquiring the French (...)

Finance

"There is an offensive stance to be taken at the moment to create a competitive advantage"

Business Immo: The market environment is particularly difficult at the moment. What is your assessment of the property markets as we approach the end (...)

Finance

"We are at the end of the financial era and at the beginning of the asset management era"

Business Immo: In recent weeks, several management companies have announced a drop in unit prices for some of their SCPIs. How do you explain (...)

Logistics

Ivanhoe Cambridge to sell Scott logistics portfolio to Etche for €150m

Ivanhoe Cambridge, the real estate subsidiary of the Caisse de dépôt et placement du Québec, has signed a commitment to sell the Scott logistics (...)

Finance

Real estate financing in the eye of the storm (IEIF/IFPImm)

Based on contributions from 15 banking institutions and ten debt funds and insurance companies, with total outstandings of €102bn in 2022, compared with €95 (...)

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 (...)