Business Immo, the real estate website

EDF

Office 20/12/2023

La Française REM and EDF make the acquisition of Paris 13th's Memphis official

It's now official. As revealed by Business Immo on 27 July, La Française Real Estate Managers (REM), on behalf of its SCPIs LF Grand (...)

Office 28/11/2023

Regional office market defies “popular belief”

In the first nine months of 2023, Lyon, Lille, Bordeaux, Toulouse, Aix-Marseille, Nantes and Montpellier recorded a take-up volume of 816,900 sqm, down 16 (...)

Office 27/07/2023

La Française REM and EDF acquire Paris 13th's Memphis building for €130m

Norges Bank Investment Management (NBIM) and AXA IM Alts have today signed an agreement for the sale of the Memphis building, located at 109-111 (...)

Office 10/02/2023

Mazars to leave La Défense

After EY*, another company is preparing to leave the Paris La Défense business district. According to several concordant sources, Mazars will soon hand over (...)

Housing 16/12/2021

Between coliving, retail or office, Batipart chooses not to choose

The health crisis has come and gone. And Batipart, ‘which has held up rather well in the various upheavals thanks to (its) diversification strategy’ (...)

Office 25/10/2021

Lyon's office rental market picks up, but investment slows down (JLL)

With 180,531 sqm recorded and an increase in the number of transactions, Lyon's office market is returning to a pace equivalent to the pre-record (...)

Territories 03/02/2021

Paris-2024 Olympics: construction work on the Athletes' Village can officially begin

Another step in the construction of the Athletes' Village for the 2024 Olympic Games. Solideo (Société de livraison des ouvrages olympiques), the public body (...)

Office 16/06/2020

EDF re-ups for 12 years in Paris La Défense’s PB6 Tower

French energy group EDF has just renewed a firm 12-year commercial lease on 38,000 sqm in the PB6 Tower, located in the Paris La Défense (...)

Office 17/01/2020

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 (...)

Office 03/12/2019

Gecina to sell Montrouge Park Azur complex to La Française for €185m

Gecina, one of France's largest REIT/SIICs, has signed a €185m agreement to sell the Park Azur building in the southern Paris suburb of Montrouge (...)

Finance 18/11/2019

Powerhouse Habitat wins €560m BNP Paribas, Natixis facility

French residential REIT/SIIC Powerhouse Habitat has won a €560m eight-year senior mortgage financing arranged and underwritten by domestic banks BNP Paribas and Natixis. This financing (...)

Office 21/10/2019

Singapore’s GIC confirms BI report of Paris PB6 tower buy, said at €550m

Singapore’s sovereign wealth fund GIC has confirmed its purchase of the 60,000 sqm Paris La Défense PB6 tower, which BI sources in September said (...)

Office 09/09/2019

Asian appetite for Paris-La Défense continues as GIC nears €550m closing on Tower PB6

Asian investor appetite for large office towers in Paris-La Défense continues unabated, with BI sources saying Singapore's GIC is near to closing on Tower PB6 for (...)

Finance 23/04/2019

Barbara Knoflach leaves BNP Paribas Real Estate; successor is Nathalie Charles

BNP Paribas Real Estate has announced that Barbara Knoflach, Deputy CEO and Global Head of Investment Management is leaving, and will be succeeded by (...)

Office 22/03/2019

Korean investors comb Paris La Défense after Mirae snaps up URW's Majunga for €850m

South Korean investors are watching Paris La Défense closely after news Unibail-Rodamco-Westfield has sold the Majunga tower to Seoul-based Mirae Asset Daewoo for €850m. The deal raises (...)

Office 15/03/2019

Ares more active in Europe, announcing German office buy, said eyeing €1bn for Spanish resi

New York's Ares is becoming more active in European property, announcing the purchase of a German office with France's EDF and said to be (...)

Office 16/01/2019

"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 20/12/2018

French Covivio in portfolio adjustments worth €341m in Italy, Paris

French REIT/SIIC Covivio, in end-year portfolio adjustments worth €341m, has sold two offices and a retail property in Italy and acquired an office project in (...)

Listed 18/10/2018

French Covivio ready to grow France/Italy office, Euro hotels, German resi

French REIT/SIIC Covivio, the renamed Foncière des Régions in the process of simplifying its structure, aims to expand in three focus segments, France/Italy office, (...)

Housing 20/04/2018

Is Germany's Vonovia bidding for French SNCF's 4,000-unit resi portfolio?

In a deal being watched at home and abroad, French railway SNCF is selling a portfolio of 4,000 homes in a rare public sector sale that (...)