Business Immo, the real estate website

CBRE

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 (...)

Office 17/12/2019

BlackRock makes first French investment with EFV - Tour Voltaire in La Défense

US wealth management giant BlackRock has made its first investment in France from its Europe Property Fund V raised in summer - the 36,000 (...)

Office 13/12/2019

UK's Cain, Germany's Freo add two more Spanish offices

The UK-based Cain International, just a week after purchasing a 26-asset Spanish office portfolio in a JV with Germany's Freo Group, has added two (...)

Office 11/12/2019

[REPORTAGE] What is it that makes investors run to La Défense?

Often considered too cold, too mineral or even too mono-functional, La Défense is the object of all desires. Investors - led by South Koreans (...)

Logistics 06/12/2019

Belgian AG Real Estate says French logistics sale done for €200m

Belgium's AG Real Estate said the sale of a large package of logistics properties in France to Allianz Real Estate and AEW was done (...)

Retail 13/11/2019

Outlets: is the enduring retail asset coming out of its niche?

“In the current wider retail malaise context, outlet centres investment activity has been relatively strong over the course of the past five years, and (...)

Office 23/10/2019

Exxon pre-letting of GTC's Budapest office project highlights surging CEE demand

In a sign of surging demand for modern central European office space, Warsaw-listed GTC has pre-rented 95% of 29,000 sqm GLA in a Budapest (...)

Finance 18/10/2019

New CBRE/BI French real estate user confidence index shows optimism on activity

In the first edition of a French real estate user confidence index produced by CBRE in conjunction with Business Immo, 76% of the respondents (...)

Housing 17/10/2019

Catella wins first intl. commitment at €40m from France’s Primonial for resi fund

Berlin-based Catella REIM's CER III Fund, which had its first close in July, has attracted its first commitment from outside Germany with €40m from (...)

Office 09/10/2019

UK's Europa Capital, France's Balzac agree €142m Paris office sale to Primonial

UK-based Europa Capital and France's Balzac REIM have agreed a €142.5m sale of a Paris office to Primonial REIM after pre-let to medical internet (...)

Finance 07/10/2019

Popular with investors, Toulouse is waiting on new developments

Toulouse’s booming office market has been driven in recent years by major transactions exceeding 5,000 sqm. Yet, this year, the largest transaction is 3,300 (...)

Retail 03/10/2019

France's Groupama hands over €613m Paris Champs Elysées mixed asset to Norway fund

French insurance investment manager Groupama Immobilier has handed over 79, Avenue des Champs Elysées in Paris to the Norwegian sovereign fund at a valuation (...)

Office 01/10/2019

Geneva's Pictet enters Spanish real estate, adding two Madrid offices

After re-launching its real estate activities this year, Geneva-based private banking group Pictet has entered the Spanish market, acquiring two offices in Madrid. Acting for its (...)

Logistics 24/09/2019

Barings adds three logistics properties in Paris, Lyon, Poitiers

Real estate investment manager Barings is to acquire three Grade A logistics properties in the French cities of Paris, Lyon and Poitiers, offering a (...)

Listed 03/09/2019

ICAMAP protests Gazit Globe's takeover of Atrium European, saying far undervalues firm

Investment manager ICAMAP has written to stakeholders in listed CEE retail group Atrium, saying the take-private moves of major shareholder Gazit Globe far undervalue the firm. The (...)