Business Immo, the real estate website

BNP Paribas

Listed 11/09/2020

Icade Santé issues its first social bond at €600m

Less than a year after launching its inaugural bond, Icade Santé, a part of the French REIT/SIIC, has announced the successful issue of its first social (...)

Office 31/07/2020

Germany's Deka pays €165m for Paris 9th's Sainte Cécile office building

The Franckfurt-based investment fund Deka Immobilien has acquired the Sainte Cécile office building, a 9,400 sqm property in the 9th arrondissement of Paris, for €165m. The seller (...)

Housing 16/07/2020

Finestate launches its second coliving operation near Paris

Paris-based investment fund Finestate has just acquired a vacant office building in the Paris suburb of Issy-les-Moulineaux with the intention to restructure it into (...)

Office 30/06/2020

GCI/Crédit Suisse joint-venture buys 10,200 sqm office project in Montrouge

Despite the context, investors are still showing an appetite for unsecured real estate products in the inner suburbs of Paris. According to BI sources, (...)

Office 25/05/2020

6ème Sens Immobilier sells Paris 11th’s X office building to the Unofi group

French developer 6ème Sens Immobilier has sold X, a 5,000 sqm office building located 6-8, rue Sabin, in the 11th arrondissement of Paris, to (...)

Office 13/03/2020

Primonial REIM pays €216m for Le Valmy building near Paris

Paris-based Primonial REIM has acquired from French REIT/SIIC Gecina the Le Valmy office building on behalf of its SCPI  fund Primopierre. The 29,000 sqm 7-floors office asset, (...)

Logistics 03/03/2020

US Clarion Gramercy invests €134m in French logistics real estate

American logistics real estate investment fund manager Clarion Gramercy has committed to forward fund two Class A warehouses located in the cities of Réau (...)

Territories 13/02/2020

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 (...)

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 (...)

Finance 14/10/2019

Six months after Paris Notre-Dame fire, donations are coming in, should reach €800m

Six months after the fire that severely damaged Paris Notre-Dame cathedral, promised donations are finally coming in, and are likely to reach €800m, below (...)

Listed 20/09/2019

Hamburg's alstria places €400m bond to refinance old maturities

Hamburg's alstria office REIT has placed a corporate bond with a nominal value of €400m and a fixed coupon of 0.5%, aimed to refinance (...)

Listed 13/09/2019

French Gecina raises 'green' loans to €910m, 20% of total bank debt

French REIT/SIIC Gecina has finalised three new 'green' loan agreements with BNP Paribas, Natixis and Société Générale for €660m, taking such financing to €910m (...)

Office 04/07/2019

Paris's Lumière office complex said bought by Primonial, Korea's Samsung for €1.2bn

Likely to be France's deal of the year, Paris's largest office complex, Lumière, has been acquired by fund manager Primonial and Korea's Samsung SRA for (...)

Office 01/07/2019

Invesco adds 17,600 sqm office project in Paris's Saint-Denis

Invesco Real Estate, which last week announced nearly €1bn in acquisitions, has added a forward-funded 17,600 sqm office project in Saint-Denis, a northern suburb (...)

Finance 23/05/2019

Paris REIT Gecina places 15yr €500m bond issue at 1.625% to buy back notes

Paris office and housing REIT Gecina has placed a €500m bond issue with a 15-year maturity at 1.625% and launched a tender offer on (...)

Listed 26/04/2019

Spain's Merlin completes €1.55bn ESG-indexed refinancing

Spanish REIT/SOCIMI Merlin Properties has completed a refinancing through a €1.55bn ESG-indexed facility which is the largest in the European real estate sector to date. The new (...)

Finance 11/12/2018

Spanish bank Ibercaja to sell €600m of problem real estate assets

Spanish lender Ibercaja, based in Zaragoza in the northeast, is to put on sale some €600m of problem assets to cut real estate exposure (...)

Housing 12/10/2018

CDC Habitat, Swiss Life confirm group buy of SNCF resi portfolio

Following a BIE report, French CDC Habitat and Swiss Life Asset Managers have confirmed that their group, which includes Germany's Vonovia and two state pension funds, (...)

Office 08/10/2018

Thriving French regional office markets are heading towards a record year

Live from Expo Real (Munich) - France’s office sector may be dominated overwhelmingly by Paris and its suburbs, but its regional markets are thriving (...)

Listed 31/05/2018

France’s listed Frey in €202m capital raise to fund projects, add investors

French listed retail park group Frey has announced a €201.9m capital increase to help fund 412,000 sqm in 14 new projects, and acquisitions. The move also (...)