Business Immo, the real estate website

Covid-19

Retail 31/03/2020

URW provides space in its shopping centres for women victims of violence

Amidst the Covid-19 epidemic, Unibail-Rodamco-Westfield has committed to helping local communities by making unoccupied space in its shopping centres available for the benefit of women victims (...)

Office 31/03/2020

SIOR introduces global initiative to provide critical community support during Covid-19 crisis

The Society of industrial and office realtors (SIOR) has announced the Community Assistance and Relief in Emergencies (CARE) programme to provide immediate support for (...)

Finance 30/03/2020

Pandemic and property markets: what impacts in the euro area? —Primonial REIM

After attempting to map the Covid-19 impacts by real estate categories, Primonial REIM's Research & Strategy department is continuing the exercise on the impacts (...)

Retail 30/03/2020

Founding President of Compagnie de Phalsbourg suspends rents until further notice

Faced with the health and economic crisis linked to the coronavirus pandemic, our editorial team regularly offers you interviews, via Skype, with actors from (...)

Finance 30/03/2020

What is the risk premium for real estate?

Following a Skype interview, published on the BiTV channel in March, Philippe Le Trung, Founder and Managing Director of VIEWS+S Consulting, addressed below the (...)

Territories 30/03/2020

Tribute to Patrick Devedjian by Paris La Défense

Patrick Devedjian, President of the Hauts-de-Seine Departmental Council and Chairman of the Board of Directors of Paris La Défense, has died during the night (...)

Retail 27/03/2020

British Land to defer £40m in rent, suspends dividend payments

To support their customers being hardest hit, UK REIT British Land has released its smaller retail, food & beverage and leisure tenants from their (...)

Listed 27/03/2020

“CBo Territoria is approaching this crisis with caution, but also with confidence”

Business Immo: While publishing its results earlier this week, CBo Territoria announced it was ahead of schedule in its 2017-2021 strategic plan, which plans (...)

Housing 27/03/2020

French CDC Habitat orders 40,000 new units to support France’s real estate sector

CDC Habitat, part of the state-controlled Caisse des Depots financial institution and France's largest residential landlord, has announced an order for 40,000 new housing (...)

Territories 27/03/2020

British property professionals launch volunteering platform

Property professionals from Greystar, SAY Consulting, deverellsmith, and Be Original have joined forces to create a central register where the real estate industry can (...)

Listed 27/03/2020

Helsinki-based Citycon weakens prospects and withdraws financial guidance

Helsinki-based retail REIT Citycon, assessing that its prospects for 2020 have weakened because of the Coronavirus epidemic, has withdrawn its guidance for 2020, issued (...)

Office 26/03/2020

"Primonial REIM is confident it will meet its commitments to its investor clients"

Business Immo: How have the containment measures affected your teams? Grégory Frapet: We spent the first part of last week reorganising Primonial REIM by capitalising (...)

Finance 26/03/2020

French property markets capable of weathering the pandemic - BNP PRE

In an analytical note on the impact of the current health crisis, BNP Paribas Real Estate argues: "despite the international pandemic linked to Covid-19, (...)

Listed 26/03/2020

Air traffic decline: Standard and Poor's revises its long-term credit rating for Aéroports de Paris

The ADP Group announced the rating agency Standard and Poor's has just revised the company's long-term credit rating due to the decline in traffic, (...)

Housing 26/03/2020

UK student housing leader Unite Students to forgo rent for students who choose to return home

Unite Students, UK's largest owner, manager and developer of purpose-built student housing, will offer to forgo rent for students who choose to return home (...)

Finance 26/03/2020

Dutch retail, hotels and co-working offices expected to feel heaviest impacts from pandemic – Bouwinvest

The heaviest blows from the economic slowdown arising from the Coronavirus epidemic in the Dutch real estate industry are likely to fall on sectors (...)

Office 26/03/2020

"Core assets should be favoured, even more so than yesterday"

Business Immo: How do you see the current context related to the coronavirus? Julien Pinault: The circumstances are, in more ways than one, exceptional. The (...)

Office 25/03/2020

Mipim 2020 postponed again, relocated in Paris in September

As first reported by Business Immo, the 2020 edition of Mipim has been postponed again. Reed Midem, the organiser of the event, confirmed that (...)

Finance 25/03/2020

Withdrawal of international buyers could benefit domestic investors (RCA)

The ongoing virus-focused restrictions on the movement of people across the world will undoubtedly impede the flow of investment capital between countries and continents, (...)

Finance 25/03/2020

The Covid-19 crisis foreshadows what a climate crisis could be tomorrow - IEIF

According to analyses issued by Béatrice Guedj and Pierre Schoeffler, Senior Advisors at the Institut de l'épargne immobilière et foncière (IEIF), the Covid-19 crisis certainly (...)