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Last update April 9, 2018 | Report an error

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Journaliste pigiste

Office

UK’s InfraRed and Paris-based Hemisphere sell Konect building in Saint-Ouen

London-based InfraRed Capital Partners and Paris-based Hemisphere have sold the 11,500 sqm Konect office building, in the Paris suburb of Saint-Ouen, to a structure (...)

Retail

Paris-based Eurazeo Patrimoine sells Aubervilliers' CIFA shopping centre to Mata Capital

Paris-based pan-European investment group Eurazeo Patrimoine has sold to French private equity group Mata Capital the CIFA, a 40,000 sqm wholesale shopping centre located (...)

Office

Ardian Real Estate acquires 7,000 sqm office building in Milan

Paris-based private investment group Ardian has acquired a 7,000 sqm building in Piazza Fidia 1, in Milan, from Generali Real Estate. The acquisition marks (...)

Office

Munich's MEAG acquires 41 Grenette office building in Lyon

Munich's MEAG has purchased the 41 Grenette office building, in Lyon, for its real estate special investment fund MEAG Euro Pro. The vendor of (...)

Office

BNP Paribas REIM buys the Kockelscheuer in Luxembourg from Grossfeld PAP

BNP Paribas REIM Luxembourg, on behalf of the Next Estate Income Fund III (NEIF III), has signed with Grossfeld PAP the sale of the (...)

Listed

French retail REIT Carmila raised net rental income 6.2% in 2019

Carmila, the retail REIT/SIIC controlled by France's giant Carrefour, increased net rental income by +6.2% to €333.2m, including organic growth of +3.1%. Recurring earnings (...)

Office

French Covivio to launch takeover offer for Godewind Immobilien

Paris-based REIT/SIIC Covivio announced its decision to launch a voluntary public takeover offer for all shares in Godewind Immobilien AG, a listed office property (...)

Finance

SCPI and retail OPCI funds collected €11.4bn in 2019 - Aspim/IEIF

French SCPI and retail OPCI funds collected €11.4bn in 2019, surpassing the previous record of 2017 (€10.4bn), according to Aspim-IEIF data. The investment volume (...)

Territories

Société du Grand Paris issues record €2.5bn green bond

Société du Grand Paris, the public body in charge of building the Grand Paris Express, issued its fourth green bond under its "Green Euro (...)

Office

Lille records second best take-up in history in 2019 - JLL

After a record year in 2018, Lille's office rental market remains very dynamic, with more than 264,000 sqm of office space marketed in 2019, (...)

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 (...)

Finance

Patrizia completed nearly €1bn of transactions in France in 2019.

Patrizia AG carried out nearly €1bn of transactions in France in 2019, a significant increase in transaction volume compared to 2018. The German investor's (...)

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

Groupama Immobilier pays €38.5m for Paris 16th private mansion

Paris-based Groupama Immobilier has acquired, for €38,5m, a 2,600 sqm private mansion from the end of the 19th century on behalf of the SCI (...)

Logistics

Segro France reorganizes, creates two divisions

To continue growing its French portfolio, Segro France is reorganizing and strengthening its teams with the creation of two distinct divisions: urban distribution & (...)

Hospitality

Vinci Immobilier sells hotel part of To-Lyon tower

French developer Vinci Immobilier, in partnership with Paris-based developer Europequipements, has sold to Hôtel Athena Part-Dieu a 4-star hotel located in the base of (...)

Listed

French retail giant Klépierre grows 2019 cash-flow 6.7%

French retail property giant Klépierre raised net current cash flow per share i by 6.7% in 2019, at €2.82 and said it will propose (...)

Office

Diderot Real Estate sells Lumière portfolio for €42m

Paris-based private real estate company Diderot Real Estate, dedicated to investments in turnkey rental construction operations, a sold the Lumière portfolio, comprising 10 mixed-use (...)

Finance

Germany’s Patrizia acquires BrickVest

Germany’s Patrizia AG has acquired BrickVest, the London-based global digital investment platform founded in 2014 by French businessman Emmanuel Lumineau. The Augsburg-based listed investment manager (...)

Finance

Aviva Investors launches pan-European retail OPCI fund

London-based investment manager Aviva Investors today announced the launch of its first retail OPCI fund, Aviva Investors Experimmo, a new fund already boasting €170m (...)

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 (...)

Finance

Sparkling Q4 rescues 2019 European real estate investment volumes after lacklustre start – RCA

The second most active quarter on record lifted European real estate investment to only a slightly softer finish overall for 2019, after a dismal (...)

Retail

A very good year for France’s luxury retail market in 2019 - C&W

2019 was a very dynamic year for the French luxury retail market with more than 50 new openings, a 28% increase compared to 2018, (...)

Career

AEW appoints Xavier de Saqui de Sannes as Head of Institutional Asset Management France

AEW has appointed Xavier de Saqui de Sannes as Head of Asset Management for its institutional division in France. He will be based in (...)

Office

BNP Paribas REIM buys Deichtor Office Center in Hamburg

French manager BNP Paribas REIM has acquired from US investment manager Westbrook Partners, on behalf of its OPCI fund BNP Paribas Diversipierre, 22,000 sqm (...)

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 (...)

Finance

French manager Corum launches new pan-European SCPI fund

Paris-based real estate asset manager Corum has launched the SCPI Eurion, a pan-European real estate fund mainly designed for private savers with a 10-year (...)

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 (...)

Hospitality

Philippe Bijaoui takes the helm at Christie & Co France

Philippe Bijaoui joined specialist property adviser Christie & Co France as Managing Director on 27 January. In this capacity, he is in charge of (...)

Logistics

Germany's Hansainvest Real Assets launches pan-European logistics fund

Germany's Hansainvest Real Assets GmbH, the fund management unit of insurer Signal Iduna, is launching Hansa Europe Logistic Fund (HELF), an open-ended special vehicle for high-quality project (...)

Housing

French home building slowed again in 2019

French residential construction finished 2019 above the 5-year average, with 449,400 building permits granted, but down 2.3% compared to 2018, reported France’s Department of (...)

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 Perial AM pays €31.5m for Tryalis office building near Paris

Paris-based asset manager Perial Asset Management reinforced its position in the eastern suburbs of Paris with the €31.5m acquisition of the Tryalis building, located (...)

Housing

Abandoned private mansion sold for €35.1m in Paris

The private mansion located at 12 rue Oudinot, in the 7th arrondissement of Paris, has been auctioned off to an anonymous private investor for (...)

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 (...)

Office

French TV group Canal+ will move its headquarters to the Sways near Paris

French TV group Canal+ will move in 2021 its headquarters to the Sways building, in Issy-les-Moulineaux, near Paris. According to BI sources, the company (...)

Office

BNP Paribas REIM sells Cegid's headquarters in Lyon to Germany's KanAm

French manager BNP Paribas REIM has sold a 14,000 sqm office building to German investor KanAm Grund Group. Located at 52 Quai Paul Sédaillan (...)

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 (...)

Housing

Paris is the preferred real estate market of the world's wealthiest - Barnes

Despite strikes and the yellow jacket crisis, Paris became last year the preferred city for international clients to invest in real estate, according to (...)

Finance

Korean investments in Europe jump 120% in 2019, France the leading beneficiary - Savills

South Korean investments in Europe increased by 120% in 2019 to reach €12.5bn (compared to €5.6bn in 2018), according to recent Savills data. France (...)

Office

2019, a new banner year for Lyon's CRE market (JLL)

With a 440,000 sqm office take-up (+32%) and €2.5bn (+70%) invested throughout the conurbation, Lyon's commercial property market achieved its best performance ever in (...)

Hospitality

Schroders raises €305m for its first pan-European hotel fund

UK-based investment manager Schroders has announced the initial closing of its first hotel fund, Schroder European Operating Hotels Fund I, with €305m of equity (...)

Housing

Denmarks’s PFA commits €100m to La Française to build a senior residences portfolio

Paris-based La Française recently signed a mandate with Danish pension fund PFA to build and manage a senior residences portfolio, with a commitment of €100m (...)

Finance

France’s Paref Gestion launches SCPI fund targeting Italy

Paris-based Paref Gestion has announced the launch of Novapierre Italie, an open-ended SCPI fund invested in tourism real estate in Italy. Aimed at both (...)

Office

Sedco Capital partners with Inovalis to acquire the Convergence building near Paris

Saudi Arabia's Sedco Capital has partnered with Paris-based Inovalis Group to acquire the Convergence building in Rueil-Malmaison, near Paris La Défense. The 25,000 sqm (...)

Office

UK's Valesco pays € 1.2bn for Brussels Finance Tower in off-market transaction

London-based European real estate investment and asset manager The Valesco Group has acquired Finance Tower, a 185,754 sqm skyscraper located in Brussels’ CBD, for (...)

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 (...)

Office

BNP Paribas REIM acquires The Hype building in Brussels from Eaglestone

French manager BNP Paribas REIM has acquired from Belgian developer Eaglestone, on behalf of its OPCI fund BNP Paribas Diversipierre, 10,000 sqm office building (...)

Office

JPMorgan Chase buys 6,600 sqm building to expand its Paris office

JPMorgan Chase & Co. has announced the planned acquisition of a 6,600 sqm building located at 21 Place du Marché Saint-Honoré, in the 1st (...)

Finance

Real estate investors set to move up the risk curve in 2020 - INREV

Institutional investors have signalled a greater appetite for risk in the year ahead, according to the global Investment Intentions Survey 2020 published today by (...)

Office

UK’s Aviva Investors acquires 21,180 sqm office building in Lyon

London-based investment manager Aviva Investors has acquired from France’s Unofi group “Le Lugdunum”, a 21,180 sqm building in Lyon, on behalf of one of (...)

Hospitality

French Zaka and Evok invest €65m to develop a 5-star hotel in Madrid

In a first foray outside of France, private investing firm Zaka Investments and hotel operator Evok Hotels Collection have purchased No. 20 Gran Via (...)

Finance

Union Investment’s transactions totaled €3.6bn in 2019

Union Investment expanded its transaction business in the European property markets in 2019 to approximately €3.66bn, compared to €3bn the year before. In total, (...)

Housing

France's Tikehau Capital buys a €160m French residential portfolio from Covivio

According to BI sources, Tikehau Capital has just finalized the acquisition, for approximately €160m, of a 500 lots residential portfolio from Paris-based REIT/SIIC Covivio. (...)

Office

Partners Group and Peakside buys €550m European office and logistics portfolio

Global private markets investment manager Partners Group has partnered with Frankfurt-based Peakside Capital Advisors to acquire a portfolio of 30 commercial properties in Germany, (...)

Office

2019, a year of records for French property investment - Knight Frank

Investment in French commercial real estate reached new highs in 2019, according to Knight Frank, the €35.4bn invested in France in 2019 representing a (...)

Career

Patrizia hires new Head of Asset Management South-West Europe

German listed investment manager Patrizia has appointed Alberto González de las Heras as its new Head of Asset Management South-West Europe. Based at the (...)

Office

French Perial AM acquires the Adam Smith building in Amsterdam for €93m

French investment manager Perial Asset Management has paid €93m to acquire the Adam Smith building, in Amsterdam, from US opportunity funds firm Fortress Investment (...)

Career

Schroders appoints Yves Desjardins as Country Head of France

London-based investment house Schroders has appointed Yves Desjardins as Country Head of France. He will report to Karine Szenberg, Head of Europe. In this new (...)

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 (...)

Finance

Global real estate fundraising sets new records in 2019, exceeds $150bn – Preqin

Annual global real estate fundraising exceeded $150bn for the first time in 2019, says a recent study by London-based research firm Preqin, as the (...)

Career

[BEST OF 2019] France’s most important appointments of the year

Best of 2019, episode 3 – There was no shortage in 2019 of major appointments in the French real estate sector. From Maryse Aulagnon, (...)

Office

Paris-La Défense : AXA IM-RA sells 30,000 sqm Parallèle building to La Francaise

Paris-based La Francaise has acquired off-plan, on behalf of one of institutional clients, the Parallèle building, a 30,000 sqm office asset located in the (...)

Office

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

BEST OF 2019, episode 2 - Commercial real estate take-up may have finished 2019 at a lower level than the year before, at 2.3 million (...)

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

Commerz Real sells office property Cap Sud near Paris

Commerz Real, part of Germany's Commerzbank, has sold the office property Cap Sud in Montrouge, near Paris, to a fund managed by Credit Suisse (...)

Finance

France's Cedrus & Partners and Swiss Life AM raise €100m for their Immobilier Impact Investing fund

French firm Cedrus & Partners and Swiss Life Asset Managers France have announced the second closing of their real estate fund, Immobilier Impact Investing, (...)

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

French Covivio in portfolio adjustments worth €162m in Italy

French REIT/SIIC Covivio, in end-year portfolio adjustments worth €162m, has signed, in the fourth quarter 2019, agreements for the disposal of six office buildings (...)

Logistics

Savills IM buys €83m logistics property near Paris from Barings

Savills Investment Management has acquired for €83.8m a newly constructed 67,000 sqm prime Grade A distribution centre located in Réau, near Paris, on behalf (...)

Career

Bryan Cave Leighton Paisner doubles size of Paris Office

The global law firm Bryan Cave Leighton Paisner (BCLP) announced a significant strengthening of its capabilities in Paris with the arrival of seven partners (...)

Office

“Altarea Entreprise Studio will be a think tank for the design of our commercial buildings"

In response to changes in uses and working methods, French REIT/SIIC Altarea Cogedim has set up a new entity dedicated to the design of office buildings, (...)

Logistics

Tikehau Capital and Foncière Atland sell a 180,000 sqm industrial portfolio to Blackstone

Paris-based listed investment firm Tikehau Capital, and French REIT/SIIC Foncière Atland have sold to a fund managed by Blackstone a portfolio of 22 industrial assets (...)

Hospitality

French Covivio acquires a pan-European hotel portfolio for €620m

Paris-based REIT/SIIC Covivio has signed an agreement to acquire, through its Covivio Hotels unit, a pan-European portfolio of eight hotels for €573m (including works), (...)

Housing

French existing home sales hit another record high in 2019 - Century 21

Last year’s high sales levels recorded on the French existing home market have given way to new records in 2019, said the Century 21 (...)

Housing

Coliving at the forefront of Europe’s housing solutions

In its recently published European Coliving Index, JLL estimates that coliving has grown to 23,160 beds either built or in the development pipeline across (...)

Housing

"Coliving is not a risky investment, but a positioning in hyper-urban residential rental housing"

Business Immo: What is Colonies’ coliving proposition?  François Roth: Our ambition is to enable people from all walks of life to live together comfortably and (...)

Retail

Outlets: is the enduring retail asset coming out of its niche?

“In the current wider retail malaise context, outlet centres investment activity has been relatively strong over the course of the past five years, and (...)

Retail

“We can learn a lot about what is happening in retail by looking at the success of outlet sector”

Business Immo: How do you explain the enduring performances of outlet centres? Joachim Will: We can learn a lot about what is happening in retail (...)

Finance

"BNP Paribas REIM has ambitious growth targets"

Business Immo: A few months after your arrival at the head of BNP Paribas REIM, what do you observe about its activity? Nathalie Charles: With (...)

Finance

Popular with investors, Toulouse is waiting on new developments

Toulouse’s booming office market has been driven in recent years by major transactions exceeding 5,000 sqm. Yet, this year, the largest transaction is 3,300 (...)

Finance

Foreign real estate investments in France

The €76bn invested in France by foreign investors between 2009 and 2018 represented 38% of the overall volume. What’s more, at €6.8bn, they accounted (...)

Finance

Lyon, the premier office alternative

Lyon’s 1H19 record take-up represents a 62% jump compared to the first half of 2018 and double the average of the last 10 years. (...)

Finance

Marseille continues its transformation

The Aix-Marseille metropolitan area’s office market had a better start in 2019 than the previous year, with take-up surpassing 63,000 sqm in the first (...)

Finance

Lille, the rising office market in the North

The Lille metropolitan area posted remarkable numbers during the first half of 2019, with take-up reaching 150 600 sqm, a 40% jump in transaction (...)

Finance

Outside of Paris, opportunities are on the rise

French commercial property investment reached €13.8bn in the first six months of 2019, a 3% jump more the €13.4bn recorded last year and 48% (...)

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 (...)

Hospitality

Germany's Union Investment eyes road ahead for hotel real estate in Europe

Business Immo: What role do hotels play in Union Investment's activity? Andreas Löcher: About 40 years ago, Union Investment was one of the first institutional investors to (...)

Housing

French Société Générale to boost property development via Sogeprom unit

French bank Société Générale is to boost its real estate development via its Sogeprom arm, making such activities the second of its growth drivers in its (...)

Logistics

“Our SIRE joint-venture will have €2bn of total firepower”

Business Immo: How did your partnership come about? Christian Bearman: Arrow Capital Partners is a private investor and operator in real estate which has backing from one (...)

Retail

French Primonial REIM makes first investment in the Netherlands with acquisition of 42 retail assets

French fund investor Primonial REIM completed the acquisition of a portfolio of 42 retail assets in the Netherlands on behalf of two of its (...)

Housing

Altarea Cogedim acquires a 50% stake in Woodeum Résidentiel

The founders of the Woodeum group, Guillaume Poitrinal and Philippe Zivkovic, announced today that French REIT/SIIC Altarea Cogedim has acquired a 50% stake in (...)

Finance

Fifth Wall opens up to Europe with $503m PropTech focused Fund II

Fifth Wall, a PropTech focused American venture capital firm, announced today the close of its second real estate technology fund, a $503m vehicle with (...)

Logistics

Arrow Capital Partners launches €2bn joint-venture to invest in European logistics

Arrow Capital Partners has partnered with North-American private equity investors to launch €2bn joint-venture called SIRE (Strategic Industrial Real Estate) to invest in European (...)

Office

Tristan buys pays €100m for an office portfolio in Lisbon

Tristan Capital Partners, for its core-plus perpetual fund Curzon Capital Partners 5 LL (CCP 5 LL), has acquired an office portfolio of seven buildings (...)

Office

"Grosvenor Europe is now focusing on Paris office"

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 (...)

Finance

"We offer Corestate a gateway to France"

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 (...)

Finance

“Fifth Wall is looking to work more closely with start-ups based in Europe, where we see a lot of potential”

Business Immo: What is Fifth Wall’s investment strategy? Roelof Opperman: Fifth Wall is the largest venture capital firm focused on the Built World technology and (...)

Hospitality

“Covivio has acquired a stake in 32 Accor hotels with significant value creation potential”

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 (...)

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 (...)