2019 was synonymous with strong growth for Belgian developer Immobel, which announced a 28.6% increase in revenues, at €419.5m, while its Ebitda and net (...)
Spanish Neinor Homes CEO Velayos has stepped down in a move seemingly sparked by shareholders, including offshore fund Adar, following a 60% slide in (...)
Germany-focused listed housing firm Grand City Properties, an affiliate of the Aroundtowngroup, increased first half funds from operations by 16% to €99m, and said it (...)
Berlin's Deutsche Wohnen, Germany's second largest housing group managing 164,000 units has signed agreements to acquire 30 nursing properties totaling around 4,700 care places. (...)
Spain's largest REIT/SOCIMI, Merlin Properties, increased IFRS net profit by 8.6% in the first half to €458m, and said EPRA NAV rose 6% to (...)
Carmila, the retail REIT/SIIC controlled by France's giant Carrefour, increased EPRA first half recurring earnings 12.2%yy to €104.1m, and accelerated its transformation especially by (...)
Europe's largest hotelier AccorHotels reported a 4.2% rise in first half operating profit to €266m but has dropped plans to buy a stake in (...)
Spanish listed housing developer Metrovacesa halved its net loss to €8.27m in the first six months, and said it expects to start up to (...)
Fast-growing European quoted commercial property group Aroundtown, which also controls listed German housing firm Grand City Properties, has sold over €720m in non-core assets year to (...)
Spanish real estate manager Azora Altus, which created and manages the REIT Hispania, is to issue 47m new shares to raise around €500m in its own (...)
Paris-based AccorHotels said Monday it has signed an agreement with Switzerland's Mövenpick Holding and Saudi Prince Alwaleed bin Talal’s Kingdom Holding to acquire Mövenpick Hotels & Resorts for CHF560m (€482m) in cash. Kingdom Holdings (...)
Spain's Azora, the external manager of REIT/SOCIMI Hispania and other real estate firms, confirmed Wednesday that it is planning its own stock market flotation. Reports say it (...)
Berlin's Deutsche Wohnen, Germany's second largest housing group managing 163,000 units, said its portfolio appreciated in value by €2.4bn last year and group net rose (...)
Berlin listed housing specialist Ado Properties reported 2017 funds from operations up by nearly 25% to €54.3m, with EPRA net asset value rising by the same (...)
Grand City Properties, the listed German housing investor, reported a 11% rise in 2017 FFO1 to €178m, though net profit slipped to €639m. At (...)
German listed housing group LEG Immobilien increased funds from operations last year by 10.1% to €295.3m and is proposing to raise the dividend by the same (...)
Vonovia, Germany's largest housing company, boosted FFO1 by 21% to €920.8m in 2017 due to organic, internal growth but also the integration of Vienna-based (...)
German property group Corestate Capital said it estimates net 2017 profit of €93m, for which the board will propose a €2.00 dividend, and in a release (...)
Austrian listed S Immo reported a rise of nearly 18% in FFO1 to €36.8m for the first nine 2017 months plus a sturdy rise (...)