Business Immo, the real estate website

Covid-19

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 (...)

Office 22/06/2020

Greater Paris take-up should drop significantly in 2020

One month after the end of lockdown, the impact of the coronavirus epidemic on the Greater Paris office sector is undeniable. According to JLL, (...)

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 (...)

Finance 17/06/2020

Rate of collapsed commercial property deals climbs – RCA

The Covid-19 with the pandemic making it harder to complete commercial real estate transactions and upending financial and economic projections, according to Real Capital (...)

Finance 16/06/2020

"Pan-European real estate funds are caught in a vicious circle"

Faced with the economic and social changes brought about by the Covid-19 epidemic, pan-European real estate funds have to deal with many uncertainties, particularly (...)

Retail 12/06/2020

Covid-19 further restrains Europe’s retail investment market – ULI Europe

In an update to its Reshaping Retail report published at the beginning of the year, ULI Europe revisited the current status of retail real (...)

Office 10/06/2020

Expo Real transforms into a two-day "Hybrid Summit"

In response to the special circumstances arising from the Covid-19 pandemic, Expo Real is transforming to offer both physical and virtual meeting places under (...)

Retail 09/06/2020

French shopping centres’ recovery picks up - Quantaflow/CNCC

For the fourth week of reopening after the end of the Covid-19 related lockdown, French shopping centres, according to the Quantaflow/CNCC National Index, recorded (...)

Office 08/06/2020

With demand for core European offices holding up, pricing remains somewhat stable... for now – UBS AM

After reaching a record high in 4Q19, surpassing the previous record by 30%, European office transactions will fall significantly in most markets in 2Q20, (...)

Retail 05/06/2020

"A lot of retail projects in the pipeline today won’t see the light of day"

The development of new shopping centre space in Europe has been on the decline since the record 9 million sqm reached in 2008. According to Boris (...)

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 04/06/2020

Global real estate agencies withdraw from Expo Real 2020

Global real estate agencies Cushman & Wakefield, JLL, CBRE, Savills and Avison Young have canceled their participation in Expo Real, citing the risks associated (...)

Retail 03/06/2020

"Today's retail is more digital, but still as multichannel as ever"

The e-commerce activity of the Fnac-Darty group, which became its sole distribution channel for several weeks, doubled during the lockdown caused by the Covid-19 (...)

Office 03/06/2020

Goldman Sachs to make 83 Marceau its future Paris headquarters

Despite the context of the health crisis, rental negotiations are continuing for prime office assets in the Paris CBD. According to BI sources, the real (...)

Housing 02/06/2020

Resumption of construction : more challenges ahead - FPI

After several weeks of interruption, French developers’ associaton FPI (Fédération des Promoteurs Immobilier) reports a resumption of almost all of its members building sites, (...)

Office 02/06/2020

Confidence boost in the flex office sector - Savills

In its second sentiment survey of flexible office providers from across the world, Workthere, Savills flexible office specialist, found that 42% of respondents are now (...)

Retail 02/06/2020

URW and Klépierre reopen the majority of their shopping centres

French malll REIT/SIICs Unibail-Rodamco-Westfield (URW) and Klépierre have announced the reopening of the majority of their shopping centres after the easing of restrictions imposed because (...)

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 (...)

Office 29/05/2020

"More than 300 Wojo Spots will reopen in Accor hotels and strengthen our attractiveness."

Business Immo: How is it like for Wojo today? Stéphane Bensimon: We reopened all our services on our sites on Monday 11th May, even though they (...)

Retail 29/05/2020

McArthurGlen announces a rental reduction plan for 2020

McArthurGlen announces the launch of a rental reduction plan effective from 1st of April to 31st of December 2020. This plan is split over two periods. From (...)