Business Immo, the real estate website

Covid-19

Listed 30/07/2020

Impacted by Covid-19, Carmila puts pipeline on hold

In the first half of 2020, a state of emergency and lockdown measures were implemented in the three countries (France, Spain and Italy) in which (...)

Finance 29/07/2020

Nexity's H1 2020 results strongly impacted by Covid-19

French listed real estate company Nexity’s group share of net profit came to €7m for H1 2020, versus €52m for H1 2019, a downward trend (...)

Office 29/07/2020

Trade fairs limits lifted in France: event industry professionals dedicated to real estate reassured

After cancellations and numerous postponements due to the health crisis, the trade shows and fairs will be allowed to reopen as of September 1, (...)

Retail 28/07/2020

Covid-19 has not adversely affected France's prime retail rents – JLL

According to JLL, no decline in rental values has been observed on the French retail market so far, according to JLL, with prime rents (...)

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 (...)

Housing 24/07/2020

A drop in activity is expected on the French housing market in 2020 — Fnaim

The French national real estate federation — Fnaim — estimates in its latest note on the French housing market, that the significant drop in market activity (...)

Listed 23/07/2020

"Covivio has no intention of changing its strategy in the hotel business."

Business Immo: What is your assessment for the 1st half of 2020? Christophe Kullmann: In this very special context marked by the health crisis, Covivio's (...)

Retail 23/07/2020

Facing a 29.9% activity drop in H1 2020, French retailers call on government for help

Since the beginning of 2020, the cumulative decline in turnover of the French specialised retail chains has been -29.9%, according to Procos, a federation (...)

Finance 23/07/2020

Mata Capital closes its MCF Quality Street fund at €50m

Paris-based private equity group Mata Capital has just closed its MCF Quality Street fund with a total capital of €50m, enabling it to invest (...)

Health / Senior 22/07/2020

Facing Covid-19 stigma and supply shortage, French healthcare investment slows down in H1 2020 - JLL

After a dynamic 2019 that saw €799m spent on French healthcare real estate assets, the sector slowed down in the first half of 2020 (...)

Listed 21/07/2020

Icade expects Covid-19 impact on NCCF to range between €45m and €55m

French REIT/SIIC Icade’s net profit attributable to the group totaled €5m for H1 2020, s significant drop from the €47m recorded in H1 2019. (...)

Listed 21/07/2020

Wereldhave's EPRA EPS down 33% in H1 2020

Dutch REIT Wereldhave reported earnings per share (EPRA EPS) of €0.97 for H1 2020, a 33% decline compared to the same period last year (...)

Office 20/07/2020

France’s regional office markets impacted by the Covid-19 crisis - BNP PRE

With nearly 550,000 sqm marketed in the first half of 2020, according to BNP Paribas Real Estate, France’s regional office marketed* are down 43% (...)

Housing 20/07/2020

"The German housing market convinces above all by its stability"

Business Immo: What are the main attractions of the German residential market for real estate investors? Tristan Hinseler: The German residential real estate market convinces (...)

Office 20/07/2020

Bordeaux CRE market still dynamic despite Covid-19 — OIEB

According to commercial real estate figures for the Bordeaux metropolitan area, provided by the Observatoire de l'immobilier Bordeaux Métropole — OIEB, Bordeaux market has continued (...)

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 17/07/2020

“The main goal of our new REOC business is to build companies and provide them additional capital”

Business Immo: Principal Real Estate has recently announced the relaunch of its real estate operating company (REOC) strategy. What does this project entail? Todd Everett: (...)

Office 17/07/2020

Few movements on the Ile-de-France coworking market in Q2 2020 — Evolis

The coworking market held its breath in Q2 2020, according to the latest Evolis coworking survey, and very little movement was observed. In the first (...)

Housing 16/07/2020

France’s real estate developers unveil new housing recovery plan

“Let's help the city of tomorrow get out of the ground." This is the motto of the recovery plan recently presented by French developers’ (...)

Housing 16/07/2020

BNP Paribas Immobilier launches its post-Covid housing prototype

During the lockdown, BNP Paribas Immobilier’s residential teams worked on a post-Covid housing prototype and developed five innovations, some of which were born directly (...)