Business Immo, the real estate website

CBRE

Career 07/09/2020

Martien van Deursen joins Arrow Capital Partners as Head of Benelux

Arrow Capital Partners, the investor and operator of real estate in Europe and Asia-Pacific, has appointed Martien van Deursen as its Head of Benelux. (...)

Logistics 31/08/2020

Blackstone pays €270m for 28 urban logistics assets in France and Germany

Funds managed by global private investment firm Castlelake and its joint venture partner Melcombe, have sold the Proximity Portfolio, a 28-asset prime last mile/urban (...)

Office 20/07/2020

Post-Covid offices won’t be affected as much as anticipated by remote working — UBS AM

The implementation of home working policies across every major European office market due to the outbreak of Covid-19 has led to discussions regarding the future of (...)

Finance 16/07/2020

European real estate investment volumes drop 39 % in Q2 2020, at €43bn - CBRE

Total real estate investment in Europe reached €43bn in Q2 2020, a 39% decrease from the same period last year, according to real estate (...)

Finance 22/04/2020

Catella’s CER III fund lifts capital commitments by €125m with new Dutch and German investors

Berlin-based Catella Residential Investment Management’s (CRIM) CER III fund has received €125m from two new institutional investors, bringing its total capital commitments to €235m The (...)

Logistics 17/03/2020

US Invesco acquires 91,000 sqm logistics schemes near Paris off-plan

  Global investment manager Invesco Real Estate today announced the acquisition off-plan of two Class A logistics platforms, located in Artenay and Cernay-les-Reims, and totalling (...)

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, (...)

Finance 10/03/2020

With capital overflowing, where can CRE investors find returns?

Annual global private real estate fundraising exceeded $150bn for the first time in 2019, according to a recent study by London-based research firm Preqin, (...)

Logistics 06/03/2020

US-based HMC and France's Foncière Magellan sell a 47,000 sqm French business parks portfolio

US investment firm Harbert Management Corporation and French investment and asset manager Foncière Magellan have confirmed the sale of a portfolio consisting of four French (...)

Office 03/03/2020

S2i Partners sells 22 rue de la Banque in Paris 2nd

Asset and fund manager S2i Partners, along with the Angelo Gordon private equity fund, has sold to Paris and London-based AEW the building located at 22 rue de la (...)

Logistics 03/03/2020

UK's Segro signs buys 22,000 sqm logistics complex off-plan in Le Thillay.

French developer Linkcity Île-de-France, pubic planner Semavo and real estate company Portica have sold off-plan to London-based logistics REIT Segro a 22,000 sqm logistics complex located in A Park, a (...)

Logistics 05/02/2020

Ivanhoe Cambridge acquires French logistics portfolio Hub&Flow

Ivanhoe Cambridge, the real estate unit of Québec pension fund CDPQ, has acquired a 430,000 sqm logistics portfolio and the "Hub&Flow" brand from The Carlyle Group following (...)

Office 29/01/2020

France’s Groupama officially sells Paris 9th arrond. Soco building to UK's Aviva

Paris-based Groupama Immobilier and UK's Aviva Investors have announced the final signature of the sale of the SoCo building, located at 44-48 rue Saint (...)

Office 27/01/2020

Average rent incentives reach 20.8% in Greater Paris in 4Q19 - Immostat

The average level of rent incentives for new office lettings above 1,000 sqm in Greater Paris increased in 4Q19 to reach 20.8% (+1.5 point (...)

Office 20/01/2020

UK's Valesco pays € 1.2bn for Brussels Finance Tower in off-market transaction

London-based European real estate investment and asset manager The Valesco Group has acquired Finance Tower, a 185,754 sqm skyscraper located in Brussels’ CBD, for (...)

Office 14/01/2020

French Perial AM acquires the Adam Smith building in Amsterdam for €93m

French investment manager Perial Asset Management has paid €93m to acquire the Adam Smith building, in Amsterdam, from US opportunity funds firm Fortress Investment (...)

Logistics 13/01/2020

Valor acquires three last mile assets in Paris and Lyon for €25m

London-based Valor Real Estate Partners has acquired, on behalf of one of its clients, of three urban logistics assets in France through three separate (...)

Office 09/01/2020

Greater Paris 2019 real estate investment surges 14% to €26.9bn - Immostat

In the Greater Paris Region, the investment volume in commercial real estate reached €26.9bn in 2019, according to new Immostat data, up 14% compared (...)

Office 09/01/2020

Commerz Real sells office property Cap Sud near Paris

Commerz Real, part of Germany's Commerzbank, has sold the office property Cap Sud in Montrouge, near Paris, to a fund managed by Credit Suisse (...)

Office 23/12/2019

Covéa leases entire 38 av. Kléber in Paris as new HSBC France HQ

France's Covéa Immobilier has finalised the lease of the entire 38 avenue Kléber in Paris' 16th quarter to HSBC France, which will set up its head (...)