Business Immo, the real estate website


Retail 27/07/2020

Unofi buys Lilles's 24,700 sqm Printemps department store from LaSalle IM

According to BI sources, the Paris-based SCPI management company Unofi-Gestion d'Actifs, on behalf of the SCPI Notapierre, has just acquired a 24,700 sqm retail asset housing (...)

Finance 03/07/2020

French PropTech company Unlatch raises €5.2m, to expand into Spain and England

Having tripled its turnover and passed milestone of 200 developers having adopted its real estate sales digitising solution in 2019, French Proptech company Unlatch (...)

Finance 24/06/2020

With lockdowns easing, investments should resume in 2H20 - Savills

As the world is starting to get out of lockdown and a majority of countries are loosening restrictions, occupier demand has been the first (...)

Finance 23/06/2020

“We can expect a lot of activity on Europe's CRE markets for the rest of the year”

Even though investors still had capital to deploy over the last few months, the Covid-19 pandemic led to a 40% drop in CRE investment (...)

Finance 18/06/2020

Icade signs a €150m solidarity-based revolving credit line

French REIT/SIIC Icade has announced the signing of a five-year €150m solidarity-based revolving credit line with banking groups Crédit Agricole CIB and Crédit Agricole (...)

Retail 05/06/2020

Retail sale and leaseback transactions expected to pick up post Covid-19 - Savills

Retail sale and leaseback (SLB) transactions are expected to pick up again after the Covid-19 pandemic has passed, according to Savills latest Market in (...)

Finance 29/05/2020

IWG raises £320m via share issue

UK office space provider IWG has announced it will raise gross proceeds of £320m through the issue of new shares, as it looks to (...)

Career 27/05/2020

Hammerson chief executive David Atkins to step down

With the agreement of the Board, David Atkins has decided to step down as chief executive of Hammerson. He will remain in position until (...)

Logistics 27/05/2020

European logistics take-up to shrink in 2020 - BCI

Because of the impact of Covid-19, take-up in the 9 most important European logistics real estate markets will be 32% less in 2020 than (...)

Office 26/05/2020

Ivanhoe Cambridge buys 50,000 sqm Joya office complex near Paris

Ivanhoe Cambridge, the real estate unit of Québec pension fund CDPQ, has acquired the Joya office campus, located in the Paris suburb of Fontenay-sous-Bois, in the Val (...)

Logistics 26/05/2020

AEW invests €91m in five business parks in France and Germany

Paris and London-based AEW has acquired five business parks in developing urban areas in France and Germany in five independent transactions for a total investment (...)

Office 19/05/2020

The City remains the world's leading business district, La Défense confirms attractiveness - EY/ULI

Despite the disruptions caused by Brexit, the City in London remains the world’s leading business district, according to the Global Business Districts Attractiveness Barometer 2020 (...)

Housing 19/05/2020

Out of lockdown, high-end residential buyers plan to resume their search around Paris - Daniel Féau

The Covid-19 didn't kill appetite for real estate. At least not that clients of the Daniel Féau et Belles demeures de France network of (...)

Retail 15/05/2020

"Health issues will change the design and organisation of companies"

To respond to the health risks caused by the Covid-19 epidemic, inspection and certification company Bureau Veritas is helping French REIT/SIIC Unibail-Rodamco-Westfield update its (...)

Finance 04/05/2020

CBRE forecasts a 30% decline in global CRE investment volume in 2020

Despite global commercial real estate investment volume increasing by 15%yy in 1Q20, to $235bn, global real estate advisor CBRE forecasts a roughly 30% decline in (...)

Hospitality 23/04/2020

Accor’s consolidated revenue down 17% for 1Q20

Paris-based hospitality giant Accor’s consolidated revenue totaled €768m for 1Q20, down 17% as reported and 15.8% like-for-like. As of 22 April, 62 % of (...)

Retail 21/04/2020

Commercial rents: the CPME advocates for a fund supported by insurers and e-commerce

Following the Covid-19 pandemic measures taken by the French government, the Confederation of Small and Medium Enterprises (CPME) has suggested creating a fund to (...)

Retail 15/04/2020

"Major landlords also have to make an effort," says Bruno Le Maire.

Major owners need to do more to help businesses get through the crisis. It  is the new government's line, at a time when shopkeepers (...)

Finance 15/04/2020

Real estate investment: Capital raised pre-COVID-19 hits record high (INREV)

According to the Capital Raising Survey 2020, recently published by Inrev, Anrev, and NCREIF; investment managers recorded a bumper year for capital raised globally in 2019, (...)

Retail 06/04/2020

Commercial real estate players can overcome the Covid-19 crisis in the short term (Scope Ratings)

The slowdown caused by the Covid-19 crisis in Europe has put tenants and shop owners under exceptional pressure. However, according to Scope Ratings, this (...)