Business Immo, the real estate website

Gaël Thomas

Directeur des rédactions, en charge des contenus

Business Immo

Press / School training

Last update January 31, 2024 | Report an error

Coordinates

  • Directeur des rédactions, en charge des contenus in Business Immo

81 RUE TAITBOUT

75009 PARIS, FRANCE

+33 1 78 96 10 00

+33 6 32 44 69 88

gthomas@businessimmo.fr

Other functions

  • Directeur des rédactions, en charge des contenus chez Business Immo
  • +33 1 78 96 10 00
  • +33 6 32 44 69 88

Personal informations

  • 54 years , born the July 30, 1969
Diploma(s)
  • Ecole de journalisme
  • Maîtrise en Droit Privé
Professionnal career
  • 04/2022 - ... : Business Immo - Directeur des rédactions, en charge des contenus
  • 2003 - 04/2022 : Business Immo - Directeur de la rédaction
  • ... - ... : Profession Logement - Journaliste
  • ... - ... : Panorama de l'Immobilier d'Entreprise (Groupe Figaro), Sites Commerciaux, Les Dossiers de l'Epargne - Pigiste
  • ... - ... : Home Village - Responsable éditorial
  • ... - ... : Financer et Gérer le Logement - 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

Luc-Étienne Rouillard Lafond

Rédacteur en chef Print

Sophie Roulet

Architecte DPLG - Designer - Journaliste

Sandra Roumi

General Manager Costar France - Présidente déléguée Business Immo

Laura Roumi

Graphiste junior

Anaïs Sarazin

Community Manager

Mehdi Touazi

Journaliste web

Jean Venet

Coordinateur data-journalisme

Véronique Watelet

Directrice opérationnelle du pôle carrières - Directrice Business Immo School

Listed

Icade reshapes its roadmap to prepare for the city of 2050

Diversification and diversity are the key words of the strategic plan presented on Monday 19 February by Nicolas Joly, Icade's CEO, on the fringes (...)

Finance

The insolent performance of Corum's SCPIs

Is Corum L'Épargne immune to the crisis? Corum L'Épargne, the portfolio management company, has unveiled performances for its property investment vehicles that remain insolent (...)

Finance

"There are similarities between the current crisis and that of the 1990s... but also many differences"

Business Immo : Is the current crisis comparable with that of the 1990s ? Boris Capelle : There are similarities, but also many differences. (...)

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 (...)

Finance

Aguesseau Capital opens up to club deals

Jonathan Anguelov. It's a name that doesn't really ring a bell with real estate professionals, but more with the tech world. This young entrepreneur (...)

Finance

Stam Europe ready to invest in offices... but not before the end of 2024

"Stam is ready." Edward Bates, lurking in the shadows, is patiently waiting for the "repricing" that is taking place on the French market before (...)

Career

"France must take its rightful place in the world's real estate and urban planning landscape"

Business Immo : Éric Donnet, you have just been elected President of ULI France. What will be your first objective ? Éric Donnet : ULI is a (...)

Finance

Finestate seeks investors to roll out its coliving offer

"I believe in the future of all things 'co'". More than a quip from the podium at BIG UP, Maryse Aulagnon is expressing a (...)

Finance

Views+S study confirms that appraisal values are on a downward trend in France

Yes, property values did fall in the first half of 2023, whatever the asset class. Repricing averaged -3.6 %, according to a study by (...)

Listed

After 100 days at the helm of Icade, Nicolas Joly fine-tunes his strategic plan

After 100 days at the helm of Icade, Nicolas Joly is beginning to outline his strategic project. The listed group's new CEO has carried (...)

Retail

The sale of O'Parinor is looming, with Klépierre in pole position

As revealed by Business Immo on 10 July, O'Parinor, the shopping centre in Aulnay-sous-Bois owned by Hammerson and NPS, has been put up for (...)

Retail

What's behind Gecina's sale of 101 Champs-Élysées?

Shortly before 7pm on Tuesday evening, Gecina shook off its torpor in a hitherto ankylosed investment market, awaiting a repricing, by issuing a press (...)

Hospitality

"Paris led the RevPAR recovery at the end of April 2023"

Business Immo: Do STR's statistics confirm the rebound in the hotel sector in 2022 and since the start of 2023? Aoife Roche: Demand is the (...)

Finance

A majority of investors plan to reduce their property allocation

Property investors remain in the waiting room if the latest MSCI barometer carried out in association with BPCE Real Estate Solutions is to be (...)

Territories

The SNCF may have a "solution to resolve tensions in the property market"

SNCF Immobilier is calling for a rethink of how land is developed. It is not so much the transport group as France's second largest (...)

Finance

The new real estate adventure of Pascal Duhamel

Pascal Duhamel marks his return to the real estate scene. The former director of real estate investments in Europe for ADIA left the Abu (...)

Career

« Why I'm back in real estate consulting »

Business Immo : Boris Cappelle, what motivated you to recruit Maurice Gauchot to Savills France ? Boris Cappelle : Maurice Gauchot was my chairman (...)

Finance

"We have prepared for the worst in 2023 and 2024"

Business Immo : Are you concerned about the inflection of demand in the housing market ? Alain Taravella: The idea is not to be worried (...)

Finance

How Corum is delivering double-digit performance from its SCPIs

While waiting for the first SCPI performance indicators to be published, Corum has unveiled the performance of its three SCPI funds. And all three (...)

Office

"The value proposition of the property manager is back in the real estate chain"

Business Immo: Since the health crisis, has there been a change in the way property management is viewed? Csongor Csukás: Yes, property management is receiving (...)

Office

Greater Paris Crane Survey: the slow decline in office production

Are offices still being built in Paris and the inner suburbs? The answer is yes! To be more precise, not only are new offices (...)

Retail

Frey joins forces with Caisse des Dépôts to transform France's city entrances

In France, we no longer have available land, but we have ideas. One of them is to reclaim the city entrances, these retail areas (...)

Hospitality

AccorInvest restores its financial position through its transformation plan

Has AccorInvest eaten its fill? The former real estate arm of the AccorHotels group, which became financially independent in May 2018, has announced impressive (...)

Office

Savills now boasts a 360° service in France

Savills is rolling out its 360° service offering announced at the beginning of the year (see our interview with Boris Cappelle on 9 February (...)

Retail

"The Covid-19 crisis has underlined to retailers the central role of the physical shop"

Business Immo Global: How has the shopping centre industry fared during this period of crisis, starting with the Covid-19 crisis? What are the strengths (...)

Hospitality

Hova Hospitality multiplies transactions and passes €1.3bn AUM

Less than a year after the creation of their hotel investment and asset management company, Dominique Ozanne and Gaël Le Lay already have €1.3bn under (...)

Finance

Investors keep their faith in real estate

Despite the economic and geopolitical turmoil, investors confirm their appetite for real estate in 2022, reports the latest MSCI/BPCE Real Estate Solutions barometer. Two-thirds (...)

Hospitality

"It will take two to three years before we have stable operational indicators again"

Business Immo: What does the hotel sector represent within Swiss Life Asset Managers? Johanna Capoani: Through our dedicated funds, we manage a portfolio of some (...)

Retail

URW wants to quickly close its US venture

URW's investor day was eagerly awaited by the market. The market was reassured by the continuation of the Restore plan devised by Léon Bressler (...)

Finance

French CRE investment erases its 2020 underperformance (MSCI France)

Is real estate still the winning asset class for institutional investors? With an overall return of 6.7% in France in 2021 according to MSCI (...)

Finance

"Our tools are aimed at investors concerned about preserving the value and liquidity of their assets"

Business Immo: Stonal has just raised €20m from Raise Investissement. How did you convince them? Michel Tolila and Robin Rivaton: To be very frank, they (...)

Juridicial

Primonial shareholders demand €110m in compensation from Altarea

The legal battle between Primonial and Altarea has begun. In today's edition, L'Agefi reveals that Primonial's main shareholders (Bridgepoint, Latour Capital and Sogecap) are (...)

Listed

Unibail-Rodamco-Westfield wants to turn the American page by 2024

Unibail-Rodamco-Westfield is accelerating its exit from the United States and intends to refocus solely on Europe by 2024. Its chairman of the management board, (...)

Office

"Today, Colliers France is in a position to capitalise on its strengths"

Business Immo: What is the current state of Colliers France since your arrival in November 2020? Antoine Derville: I joined the company 18 months ago (...)

Office

ORIE is concerned about a possible slippage in the taxation of office property

Office real estate rarely goes well with taxation. In an effort to preserve the sometimes conflicting relationships between the two, the "Observatoire régional de l'immobilier (...)

Finance

"Our goal is to reach €200m in turnover within four years in Africa"

Business Immo: What is your assessment of the year 2021 for all the real estate activities of the Duval Group? Groupe Duval: The group's overall (...)

Finance

"I am convinced that we are no longer in a cyclical market"

Business Immo: BC Partners announces a record closing for its first real estate investment fund. How do you explain this? Stéphane Theuriau: We have indeed (...)

Territories

Vinci Immobilier adopts the "zero net artificialization" way of thinking

Get rid of this land that can't be made artificial. One of the leading property developers in France - Vinci Immobilier - has unveiled an (...)

Listed

The pandemic has not affected the SIICs' transparency in their financial communication (KPMG/FSIF)

KPMG and the  French listed property federation FSIF (Fédération des sociétés immobilières et foncières) have just published their traditional study on the financial communication of (...)

Logistics

InfraRed Capital Partners invests in 117,000 sqm logistics mega-project

According to BI sources, London-based InfraRed Capital Partners has entered into exclusive negotiations with a view to acquiring a mega logistics platform project located in (...)

Finance

"By continuing to strengthen Altarea, I am ensuring its long-term viability"

Business Immo: How will the acquisition of Primonial accelerate Altarea's transformation, as you mentioned when the deal was announced? Alain Taravella: This transaction was born (...)

Finance

With the acquisition of Primonial, Altarea accelerates the deployment of its model

It's a bombshell in the real estate world. By announcing the acquisition of Primonial and its €30bn of real estate assets under management, Altarea (...)

Finance

“There are no banned real estate products among investors”

Business Immo: What is the mood of property investors after reading the results of your new barometer? Carine Dassé: Investors expect the real estate market (...)

Office

Office construction is slowing down in Paris, but remains dynamic - Grand Paris Crane Survey

The pace of office construction in Paris and its inner suburbs has slowed this winter, according to the 36th edition of the Grand Paris (...)

Finance

Eurasia launches a portfolio management company

Mr Wang's discreet property company is striking a major blow in the world of managed property with the launch of its portfolio management company. (...)

Career

France's real estate managers resume their hiring intentions - EY, Palladio, BI

Decision-makers in the real estate and city industry are in good spirits again. And they are showing it in their recruitment intentions with no (...)

Career

Jérôme Arnaud joins Alstom as group real estate director

Jérôme Arnaud, 48, ESTP, IAE, joins Alstom as head of the group's real estate department. His duties cover all of the industrial group's operating (...)

Finance

"We do not rule out external growth operations"

Business Immo: What do you retain from these first six months at the head of La Française REM? Philippe Depoux: First of all, the confirmation (...)

Hospitality

Covivio Hotels is preparing a €250m capital increase

Covivio Hotels, a 43.5% owned subsidiary of Covivio, is to launch a capital increase of around €250m. There is no suspense, as all of (...)

Career

A new tandem to lead Covivio's hotel division

Tugdual Millet, Covivio's current financial director, is taking over as general manager of Covivio Hotels, alongside Elsa Tobelem, who has been appointed deputy general (...)

Housing

Coliving: Urban Campus raises €7m from Nexity and Batipart

Urban Campus, a coliving specialist, has just raised €7m from the French Broker Nexity and the Asset Manager Batipart, to expand into new markets. Today, the company (...)

Finance

French CRE investment continued to perform well in 2020 despite the crisis - MSCI

The MSCI France Annual Property Index posted an overall performance of 3.2% at the end of December 2020, down sharply from the 8.4% recorded (...)

Listed

Health crisis weighs on market values, but real estate retains strong returns - Views+s

Real estate is weathering the crisis. According to a study carried out by Views+s based on an analysis of the French assets of 23 (...)

Office

Office rents approach €1,000/sm in Paris

The €1,000/sqm mark remains the ultimate dream of any office property investor in Paris. This dream is almost becoming reality... since the average rent for (...)

Retail

With the help of Altarea, Carrefour becomes an urban operator

Giant hypermarket chain Carrefour and French REIT/SIIC Altarea are joining forces to redevelop three of the retail group's sites in Nantes, Sartrouville and Flins/Aubergenville and (...)

Office

French shopping centre group Apsys sells 10 Solférino asset for €125m

The Interparfums group has signed a promise of sale, subject to suspensive conditions, for the asset located at 10 rue de Solférino in Paris, currently owned (...)

Finance

Alvarium joins forces with two former Arnault-LVMH executives to invest in France

Alvarium Investments has joined forces with Alain Hortion and Stéphane Pesic to develop a real estate investment platform in France. On this occasion, the (...)

Finance

"Our experience has taught us that each phase of the cycle generates opportunities".

Business Immo: A word of presentation first of all about Belvedere Capital... Bruno Cohen and Silvio Estienne: Belvedere Capital was launched in 2018, positioning itself (...)

Career

Michel Grossi to leave BNP Paribas' real estate management department

Michel Grossi has decided to embark on his third life and will cease his activities as head of real estate management at banking group (...)

Housing

The French government wants to discuss Action Logement's missions

The French government plans to draw between €1bn and €1.5bn from the French housing group Action Logement funds in order to complete its budget for (...)

Retail

French property investments' performance remains very slightly positive in H1 2020 - ViewS+S Consulting

How have property investments performed since the outbreak of the Covid-19 crisis? ViewS+S Consulting, created by Philippe Le Trung, has analysed the half-yearly results (...)

Housing

BNP Paribas Immobilier launches its post-Covid housing prototype

During the lockdown, BNP Paribas Immobilier’s residential teams worked on a post-Covid housing prototype and developed five innovations, some of which were born directly (...)

Retail

French government plans to create property companies to buy back downtown retail premises (press)

The French government is considering creating property companies to buy back retail premises and make them available at attractive rents, reports the newspaper Les (...)

Office

Home-working could destroy 11 million sqm of office space in the Paris Region in ten years' time

If not killing the office, can home-working severely impact the office market? French banking group Natixis has looked into the question and estimates that (...)

Finance

"We are approaching real estate from a private equity perspective with the launch of the Mirabaud Grand Paris fund"

Mirabaud Asset Management is launching a fund dedicated to the somewhat unusual Greater Paris region that invests alongside property developers. Renaud Dutreil, Head of (...)

Office

Nuveen Real Estate lets Paris 9th's Liberty office building off-plan

Nuveen Real Estate has just signed two nine-year off-plan leases of the entire Liberty office building, 18 months before its delivery. The 9,200 sqm Haussmann-style complex is located at 36 rue (...)

Housing

Out of lockdown, high-end residential buyers plan to resume their search around Paris - Daniel Féau

The Covid-19 didn't kill appetite for real estate. At least not that clients of the Daniel Féau et Belles demeures de France network of (...)

Office

"2020 will mark the end of the deterioration in the performance of commercial real estate."

VIEWS+S Consulting has just published a study on European listed real estate. Its founder, Philippe Le Trung, looks back on the major lessons to (...)

Listed

"Icade benefits from the full implementation of its 2019-2022 strategic plan."

French REIT/SIIC Icade is one of the best performing real estate company on the stock market: +55% in 2019, dividends reinvested. Before the presentation (...)

Finance

"France continues to offer solid opportunities for our investors"

Business Immo: How would you sum up your experience since your arrival at the head of LaSalle France?  Beverley Shadbolt: One of my first commitments (...)

Finance

From value creation to its much needed ... re-distribution in France

Can real estate permanently escape this gloom that is spreading to France? At the end of Simi, all indicators are green. The sector is the (...)

Finance

"We need to achieve more coherence in terms of real estate taxation"

Business Immo: What is your reading of the macroeconomic context?  Xavier Timbeau: Clearly, we are seeing all the signs of a soft landing of global growth, especially (...)

Finance

Marseille Provence Real Estate Club, BI launch Dakar Real Estate Day

Marseille Provence Real Estate Club (CIMP) in partnership with Business Immo is replicating its Real Estate Day concept in Senegal from 5 to 7 (...)

Finance

New stage in France's Primonial 'rocket' as it eyes €40bn in real estate

France's Primonial has completed its second LBO with a new set of shareholders to carry its international ambitions and rocket-like growth - aiming for (...)

Hospitality

Hôtel-Dieu, France's oldest hospital next to Notre Dame, finally finds a future

Hôtel-Dieu in Paris, France's oldest hospital next to the Notre Dame cathedral, has finally found a future after a clever compromise and an 80-year, (...)

Finance

"BC Partners is creating a real estate platform on a European scale"

Business Immo: Why did you leave Altarea Cogedim? Stéphane Theuriau: I spent nine years at Altarea Cogedim and participated alongside Alain Taravella and other management (...)

Finance

Grand Paris Express moves into its operational phase

The future Grand Paris Express will have a major urban impact stretching over a radius of a several hundred metres around the 68 new (...)

Finance

Message from Mipim 2019: Cycle extends but task shifts toward full urban rethink

Crisis, what crisis? Where are the bubbles? Well, they continued to sparkle in the champagne glasses in Cannes this year. Mipim is always a solid (...)

Office

Paris vs London: who wins the match in the last 30 rounds?

London just beat Paris in office market performance over the last 30 years but is becoming much more volatile, says index provider MSCI. The (...)

Territories

"Converting old French industrial plant sites for housing"

French developers Brownfields and Vinci Immobilier have acquired from energy group Engie a portfolio of 50 industrial sites, mostly old gas plants, totaling more (...)

Office

"Ivanhoé Cambridge wants to build a true real estate investment platform in Europe"

Ivanhoé Cambridge, the real estate investment arm of Quebec-based pension fund manager Caisse de dépôt et placement du Québec (CDPQ), signed last year the (...)

Listed

France’s newly-merged Société de la Tour Eiffel eyes new growth cycle

The absorption of French REIT/SIIC Affine by larger peer Société de la Tour Eiffel was approved by all shareholders and finalised before year-end 2018. (...)

Office

France's Simi 2018 trade fair marks dawn of a new era

A few hours after the clapper board sounded the end of the 2018 edition of Simi, the French real estate community's annual trade fair, (...)

Office

L'Oréal's ambitious roadmap for 40m sqm of properties in 70 countries

Three years after joining France's global beauty products group L'Oréal, Frédéric Ciuntu has structured his real estate division as a property firm to ensure professional management (...)

Finance

France’s Crédit Foncier – chronicle of a pre-announced death

French savings bank BPCE, the second largest banking group in France, last month announced the closure of its Crédit Foncier subsidiary, a specialist property lender that traces (...)

Office

Swiss Life AM, surging to €70bn in real estate, is far from finished yet

In just a few years, Swiss Life Asset Managers, part of the giant Zurich-based insurer, has surged to become a major player in European real (...)

Career

Business Immo wins Media of the Future's 2019 Diversification Innovation Trophy

Business Immo has won the 2019 Diversification Innovation Trophy, awarded by the Media of the Future in front of 200 media decision-makers gathered at (...)

Finance

No sector for old cowboys

A maturity is entering real estate. Recognition that it is not for old cowboys but a sector where success is tied directly to user (...)

Finance

France’s Crédit Foncier – chronicle of a pre-announced death

French savings bank BPCE, the second largest banking group in France, last month announced the closure of its Crédit Foncier subsidiary, a specialist property lender that traces (...)

Office

Swiss Life AM, surging to €70bn in real estate, is far from finished yet

In just a few years, Swiss Life Asset Managers, part of the giant Zurich-based insurer, has surged to become a major player in European real (...)