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Covid-19

Logistics 09/04/2020

France’s logistics rental market caught up by the Covid-19 crisis in 1Q20, but investment breaks record

France’s >10,000 sqm logistics rental market has experienced a slowdown in activity due to the Covid-19 pandemic, JLL reports, with only 327,000 sqm marketed (...)

Listed 08/04/2020

French REIT/SIICs URW and Klépierre reduce senior management compensation

French REIT/SIICs Unibail-Rodamco-Westfield (URW) and Klépierre both announced measures to reduce senior management compensations during the Covid-19 epidemic. “As a sign of solidarity with all (...)

Housing 08/04/2020

Building sites reopening: the owners are sceptical

The good practice guide for construction companies, drawn up after a week of negotiations between the French government and construction representatives, does not seem (...)

Listed 08/04/2020

France’s Nexity reduces dividend and suspends all objectives

In response to the downturn in activity caused by the Covid-19 epidemic, French developer Nexity's Board of Directors met has decided to reduce the proposed (...)

Listed 08/04/2020

Wereldhave cancels final dividend 2019

In the light of current uncertainties regarding the COVID-19 situation, Dutch shopping centres REIT Wereldhave has withdrawn its final dividend 2019. For the year 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 (...)

Finance 06/04/2020

Global transaction volumes falling, but occupier terms favourable – Savills

In less than a month, the property market disruption caused by the Covid-19 pandemic has reached almost every corner of the globe. With occupiers (...)

Finance 06/04/2020

Global office with higher average liquidity could be the first to recover their pre-crisis pricing - RCA

According to the RCA Capital Liquidity Scores, which illustrate how markets behaved with respect to capital liquidity during the last global downturn and can (...)

Hospitality 03/04/2020

Accor fixing to close two thirds of its hotels in the coming weeks, suspends dividend payment

Over two thirds of Accor branded hotels are likely to be closed in the coming weeks, the Paris-based hospitality giant announced yesterday, with more (...)

Finance 03/04/2020

Savills withdraws proposed dividends to preserve cash reserves

In view of the current uncertainty over the impact of Covid-19 on global real estate market activity in the coming months, global real estate (...)

Listed 03/04/2020

URW successfully priced €1.4bn of bonds

Unibail-Rodamco-Westfield (URW) successfully priced a €1.4bn two-tranche senior bond offering in order to strengthen its liquidity position: a €600m bond with a 5-year maturity (...)

Finance 02/04/2020

As Covid-19 spreads across Europe, long-term strategies will show more resilience – Aviva Investors

As the spread of Covid-19 continues and governments and policy-makers are adopting a myriad of measures to support the economy, Europe’s commercial real estate (...)

Listed 02/04/2020

French REIT/SIIC Icade lowers its 2019 dividend

In response to the French government’s urging last week, French REIT/SIIC Icade’s Board of Directors decided to lower the 2019 dividend amount that will (...)

Office 02/04/2020

KanAm Grund's Leading Cities Invest fund buys Pixel building near Paris

Leading Cities Invest, an open-ended fund managed by German investor KanAm Grund Group, has just purchased the Pixel office building, in the Paris Ouest (...)

Listed 01/04/2020

Paris-based Gecina lowers 2019 dividend, suspends 2020 guidance

To align itself with the French Government’s recommendations concerning the moderation of dividends paid, Gecina’s Board of Directors has therefore decided to submit a (...)

Office 01/04/2020

The effects of Covid-19 on Ile-de-France's CRE market - Knight Frank

The year 2020 had begun at a less dynamic pace than 2019. Then, from mid-March, the spread of Covid-19 and the implementation of drastic restrictions (...)

Housing 01/04/2020

Can coliving and containment coexist?

At the end of 2019, a JLL report predicted that coliving across Europe would grow by more than 115% over the next two years. (...)

Finance 31/03/2020

Despite Covid-19, notable deals still being completed in Europe (RCA)

Although the number and value of European commercial property transactions in March will be low in comparison with recent years because of the ongoing (...)

Office 31/03/2020

Propel by Mipim Paris 2020 postponed to September

The 2020 edition of Propel by Mipim Paris, the European event dedicated to real estate and innovation formerly known as Mipim PropTech Europe, has (...)

Retail 31/03/2020

UK’s Hammerson cancels dividend

Believing it is too early to ascertain and quantify the impact of the ongoing period of disruption on income, earnings, net assets and cash (...)