Business Immo, the real estate website

Covid-19

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 (...)

Office 26/05/2020

France's Realiz3D adapts its space planning algorithm to Covid-19 restrictions

In response to the health issues faced by office users, owners and brokers during the resumption of their activities, French software editor Realiz3D has (...)

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 (...)

Finance 25/05/2020

"Just because we’re forced to invest doesn’t mean we have to make mistakes"

Despite the disruption caused by Covid-19, Amundi Immobilier continued to invest during the spring with acquisitions in Barcelona and Warsaw. As several European countries (...)

Retail 20/05/2020

After lockdown, Eurocommercial satisfied with French shopping centres recovery

Amsterdam-based retail REIT Eurocommercial expressed a positive assessment of the first week of activity, after the reopening of its 11 >40,000 sqm shopping centres (...)

Logistics 20/05/2020

Logistics & supply chain: what new models for the post-Covid period? - CBRE

In an unprecedented context where supply chain, decision-making is more and more complex and strategic for companies, global adviser CBRE unveiled its vision of (...)

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 (...)

Finance 19/05/2020

SCPI and OPCI funds' collects up 47% in 1Q20 - Aspim/IEIF

SCPI and retail OPCI funds collected €3.8bn in 1Q20, according to Aspim-IEIF data, a 47% increase in volume over one year. SCPI funds collected €2.56bn (...)

Hospitality 18/05/2020

Extendam expects only 26 % of European hotels to open before June

French asset manager Extemdam, which has 210 hotels in its pan-European portfolio, has announced that 88% of their hotels remained closed as of April (...)

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 (...)

Office 15/05/2020

Paris ranks 4th in the global investment market, while overall volumes are slightly down in 1Q20 (JLL)

According to the last JLL's press release and as uncertainty and volatility surrounds the financial markets, overall investment in commercial real estate fell by 5% (...)

Hospitality 14/05/2020

France’s hospitality players draw up a recovery plan for the hotel industry

AhTop, the representative association of France’s professional hospitality and tourism stakeholders, has presented a plan to revive the hotel industry to the Interministerial Committee (...)

Retail 14/05/2020

Paris department stores and shopping centres over 40,000 sqm closed until 10 July

The Paris police prefecture has announced that departement stores Le Printemps and Galeries Lafayette, as well as the Beaugrenelle, Westfield-Forum des Halles and Italie (...)

Retail 14/05/2020

Wereldhave reopens its shopping centres in Belgium and France

Dutch shopping centre REIT Wereldhave had announced the reopening of all of its centers in Belgium and France. As such, the group’s whole portfolio (...)

Housing 13/05/2020

"The social toll caused by the lack of future projects points to an economic crisis"

After two months of lockdown, as the country begins its reopening this week, construction is gradually resuming in France. But the resumption of construction (...)

Finance 13/05/2020

As lending standards tighten, a long-term CRE transformation is on the horizon – Scope

“The question is not whether the European commercial real estate sector will be affected by Covid-19 but how severely and for how long,” says (...)

Office 13/05/2020

As European coworking markets reach maturity, take-up is slowing down - Savills

According to a study carried out by Savills, coworking take-up in Europe dropped from 9.5% at the end of 2019 to 5% in the (...)