Business Immo, the real estate website

Covid-19

Finance 20/03/2020

“We must take collective action and responsibility with a European vision”

In the face of the Covid-19 pandemic, governments are taking measures to slow the spread of the virus and try to support economic players. (...)

Office 20/03/2020

The FFB criticises the "contradictory signs" towards the construction industry.

Jacques Chanut, the French Building Federation (FFB) President, spoke on several national media about the French government's decision not to stop the construction sites and (...)

Retail 20/03/2020

French mall group Apsys takes measures to support its assets' tenants

French shopping centre group Apsys announced it is taking "strong measures" to support its tenants affected by the closure of non-essential retail outlets and to preserve their (...)

Finance 19/03/2020

APAC risk aversion evident before virus spread (RCA)

As the first couple of months of 2020 have been dominated by fears of the coronavirus’s impact on global economies and property markets a (...)

Territories 19/03/2020

France is planning a "state of health emergency"

In order to combat the coronavirus epidemic, the executive branch of the French government plans to declare a “state of health emergency”. To this (...)

Retail 19/03/2020

French retail REIT Carmila suspends rents and charges until the end of April

Following the spread of the coronavirus and restrictions on the opening of shops, French retail REIT Carmila announces the suspension of rent and service (...)

Juridicial 19/03/2020

"Owners could dispose of their real estate assets, which would generate investment opportunities."

With the containment and closures decided by the French government, the real estate market is impacted as a whole. So, what happens to the (...)

Listed 19/03/2020

URW has €10.2bn in cash on hand and undrawn credit lines

In light of the restrictions imposed to prevent the spread of the COVID-19 virus, currently limiting the operations of Unibail-Rodamco-Westfield in several of its (...)

Finance 19/03/2020

ECB announces €750bn Pandemic Emergency Purchase Programme

The European Central Bank has launched a €750bn Pandemic Emergency Purchase Programme (PEPP) to counter the serious risks to the monetary policy transmission mechanism (...)

Finance 18/03/2020

Business Immo opens all its contents for free

In order to facilitate access to information during this trying time for everyone, the Business Immo group has decided to open all its contents free (...)

Office 18/03/2020

IWG is keeping its coworking sites open

Despite the Coronavirus outbreak, the sites of the Swiss coworking operator IWG, whose brands include Spaces, Regus and HQ, continue to be accessible to all (...)

Retail 18/03/2020

Five French retail federations requesting the cancellation of rents and charges

Five French federations representing retailers - Alliance du Commerce, FCA, Procos, FFF and FNH - are calling for "the cancellation of rents and rental charges (...)

Territories 18/03/2020

Work on Grand Paris Express suspended

As reported by French newspaper Le Parisien, Société du Grand Paris,  the public body in charge of building the Grand Paris Express, is asking (...)

Finance 18/03/2020

Despite Covid-19, Covivio pursues its takeover bid for Godewind

In light of the Covid-19 epidemic, French REIT/SIIC Covivio reviewed its financial strength and confirms its recent strategic move into Germany. As such, the (...)

Finance 18/03/2020

AMF, France’s financial markets regulatory body, takes action but will not close stock exchanges

In an interview with French media Les Échos, Robert Ophèle, President of the Autorité des marchés financiers (AMF) France’s financial markets regulatory body, says (...)

Finance 18/03/2020

Covid-19 will impact European CRE markets in multiple ways – UBS AM

The impact of Covid-19 on the European real estate market will vary between countries, assets classes and risk strategies, according to a recent UBS (...)

Retail 18/03/2020

Italy: Mapic Italy and The Happetite 2020 postponed to July

Reed Midem, organiser of Mapic Italy and The Happetite, has announced the 2020 edition of these two events, originally scheduled for 28 and 29 (...)

Housing 18/03/2020

The APL housing support payments reform is postponed

In response to the coronavirus epidemic, the French government has decided to postpone the implementation of the APL (Aide Personalisée au Logement) housing support payments reform (...)

Office 18/03/2020

France's construction sector calls for a temporary halt to construction sites

In a joint press release issued by the National Federation of Public Works (FNTP), the Confederation of Crafts and Small Building Companies (CAPEB) and (...)

Finance 17/03/2020

Coronavirus : Germany’s BVK places moratorium on real estate investment decisions

German Bayerishe Versorgungskammer (BVK) state pension provider has placed a four to six-week minimum moratorium on real estate investment decisions, according to London-based media PERE. Rainer Komenda, Head (...)