Business Immo, the real estate website

Covid-19

Retail 25/03/2020

UK commercial tenants protected from eviction until 30 June

The British government has announced that commercial tenants who cannot pay their rent because of COVID-19 will be protected from eviction. “These measures will mean (...)

Retail 25/03/2020

Economic downturn potential trigger for expected restructure of Europe’s retail property sector - ULI

In a timely report based on interviews before the COVID-19 outbreak with 24 major investors in the European retail property market, the Urban Land (...)

Listed 25/03/2020

Retail group Atrium to reduce operational expenses amidst Covid-19 restrictions

CEE focused listed retail group Atrium European Real Estate has announced being actively prioritising its capex programme to defer non-essential capital expenditure and reducing (...)

Finance 24/03/2020

"The real challenge for Constructa lies in the activity on the building sites and with the notaries"

The shutdown of building sites, the inability of notaries to meet clients physically, the closures of administrations delivering planning authorisations: numerous problems caused by (...)

Listed 24/03/2020

URW withdraws 2020 guidance and cuts dividend in half

Giant REIT/SIIC Unibail-Rodamco-Westfield has withdrawn its 2020 AREPS guidance and “expects to provide an update on its guidance when it can reliably”. To satisfy (...)

Finance 24/03/2020

Dutch real estate fair Provada rescheduled to November 3,4,5

Due to the Coronavirus pandemic, Dutch real estate fair Provada, held at the RAI conference centre in Amsterdam, has decided to reschedule the dates from (...)

Finance 24/03/2020

Prime capital values expected to come down, albeit more slowly than stocks - AEW

In its special Covid-19 Research and Strategy report, comparing previous stock market and bond rate corrections AEW points out that historically, there is a (...)

Health / Senior 24/03/2020

Healthcare real estate: €800m invested in France in 2019 - JLL

According to JLL, the French healthcare property investment market experienced a calm first half of 2019 with only €211m invested. Thanks to a much (...)

Housing 24/03/2020

Airbnb France to set up a housing platform for healthcare workers

The French Minister for Urban Affairs and Housing, Julien Denormandie, has asked the Airbnb rental platform to provide housing for hospital and nursing staff, (...)

Logistics 23/03/2020

"This crisis will highlight logistics as an essential part of the primary infrastructure of any country."

Business Immo: Facing the Covid-19 outbreak, what challenges do Gazeley and your logistics platform tenants face? Fabrice Cervoni: The slowdown in activity, or even the (...)

Retail 23/03/2020

Auchan Retail is to pay a €1,000 bonus to 65,000 French employees

Auchan Retail management has decided to pay a fixed bonus of €1,000 to all employees of the stores, warehouses, drives, home delivery services, and (...)

Territories 23/03/2020

French Parliament passes the Covid-19 emergency health bill

The Parliament adopted this Sunday evening, by a final vote of the National Assembly, the bill allowing the establishment of a two months "state (...)

Housing 23/03/2020

French government and construction organisations agree on the continuity of construction sites

In a press release sent on Saturday, the French government announced, through the voice of various ministries: " following sustained exchanges over the past few days, (...)

Hospitality 23/03/2020

"The hotel business will have to question itself and adapt, but it will not lose its relevance"

The Coronavirus epidemic is hitting the hotel industry hard due to containment measures and travel restrictions around the world. Extendam, a specialist investor in (...)

Finance 23/03/2020

France's landlords’ representatives commit to suspend rents for VSEs and SMEs

“As representative associations and federations of landlords, we unreservedly approve the emergency measures put in place by the government to combat the Covid-19 epidemic (...)

Finance 20/03/2020

With troubled and volatile markets, investors should stay diversified - Nuveen

As market volatility surges and more governments and policymakers around the world close borders and enact quarantines, investors are struggling to understand what is (...)

Listed 20/03/2020

"Covid-19: More than ever, we need to be able to listen and be agile"

Despite the coronavirus epidemic, Paris-based REIT/SIIC Covivio is continuing its takeover bid for the German company Godewind, which was launched in mid-February and in (...)

Retail 20/03/2020

Retail REIT/SIIC Wereldhave France to suspend the collection of rents and charges for April

In the exceptional context of the Covid-19 epidemic, Wereldhave France has decided to propose the following measures: the monthly payment of rents and charges (...)

Housing 20/03/2020

France’s Nexity ready to make vacant housing available during the crisis

During a press briefing, French Minister Julien Denormandie spoke about the provision of vacant accommodation for the homeless, indicating that discussions were currently underway. (...)

Logistics 20/03/2020

France to support transport and logistics activity

France’s Ministry of Ecological and Solidarity Transition has announced the government's willingness to “support the activity of transport and logistics professionals” and to take (...)