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Carrefour France

Logistics 01/03/2021

Altarea sets out to conquer urban logistics

"This exceptional year has demonstrated the validity of our business model and our multi-brand strategy.” This is how Alain Taravella, Altarea's Chairman and Founder, (...)

Listed 26/02/2021

French REIT/SIIC and developer Altarea announces a recurring net profit down 21% in 2020

"Altarea has managed to absorb the shock of the health crisis". This is how Alain Taravella, founding chairman, sums up the 2020 financial year (...)

Listed 18/02/2021

Carmila's recurring net profit falls 24.7% in 2020

In Carmila’s three countries (France, Spain and Italy), business momentum was brisk in the first quarter of 2020, before being adversely impacted by the (...)

Territories 10/02/2021

"With the 15-minute city, we are moving from city planning to the planning of urban life"

Business Immo: The concept of the 15-minute city was much evoked as a response to the Covid-19 pandemic. What does it consist of? Carlos Moreno: (...)

Retail 08/02/2021

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 (...)

Retail 02/02/2021

Carmila temporarily closes 35 of its shopping centres in France

Following the new decree ordering the closure of non-food shopping centres with a surface area in excess of 20,000 sqm, taken by the French government to fight the (...)

Retail 20/11/2020

Could the French retail sector postpone Black Friday?

The French Minister of the Economy and Finance, Bruno Le Maire, has exchanged with representatives from the retail, distribution and e-commerce sectors to discuss a possible postponing (...)

Career 03/11/2020

Marie Cheval appointed CEO of Carmila

Carmila's Extraordinary Board of Directors, meeting on November 2, 2020, decided to appoint Marie Cheval as Chief Executive Officer. She succeeds Alexandre de Palmas (...)

Listed 02/10/2020

“The financial markets recognise the critical nature of the logistics asset class”

Business Immo: Argan presented its quarterly results this evening. What do you retain from these three quarters marked by a health and economic crisis? Jean-Claude (...)

Career 31/08/2020

Yves Cadelano to join Apsys as Managing Director France

Apsys has appointed Yves Cadelano as Chief Executive Officer for France, effective September 1, 2020. He will report to Fabrice Bansay, Group Chief Executive (...)

Finance 02/07/2020

2019, an excellent year for France's portfolio market - Arthur Loyd

The year 2019 will go down in the annals of the real estate portfolio sales market! According to the latest Arthur Loyd data, €8.3bn (...)

Retail 19/03/2020

French retail REIT Carmila suspends rents and charges until the end of April

Following the spread of the coronavirus and restrictions on the opening of shops, French retail REIT Carmila announces the suspension of rent and service (...)

Listed 17/02/2020

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 (...)

Logistics 06/12/2019

Germany's Patrizia buys €1.2bn European logistics package from BentallGreenOak

German listed investment manager Patrizia has acquired a vast 42-unit pan-European portfolio of 42 logistics assets from BentallGreenOak, paying some €1.2bn for the package. The assets will be placed in (...)

Logistics 18/11/2019

"Solutions that turn stores into warehouses should tend to develop"

Business Immo: What weight does e-commerce have today in France? Bertrand Pineau: In 2018, French e-commerce generated a turnover of €92bn. And it continues to deliver double-digit (...)

Listed 05/06/2019

French executive Ehrmann to join Altarea Cogedim after leaving Carmila

Jacques Ehrmann, one of France's top real estate executives who is stepping down as head of the listed Carmila retail group this month, is to join REIT/SIIC Altarea Cogedim as (...)

Logistics 24/09/2018

UK's GreenOak adds 22 logistics assets in France, Spain for €656m fund

London private investment manager GreenOak is acquiring 22 logistics assets in France and Spain totalling 720,000 sqm. It gave no price details but said (...)