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Covivio

Office 18/04/2024

Several new leases in the Paris CBD for Covivio

Covivio is racking up the signatures at the start of 2024. After selling over 27,000 sqm of office space in recent months, the property (...)

Housing 07/03/2024

Hines launches its brand of student residences in France

Hines created its student residence brand in 2017. Aparto, as it is known, currently operates 18 residences, with almost 6,500 beds, in Ireland, the (...)

Office 27/02/2024

Bordeaux back on the podium of France's regional office markets

The Bordeaux office market is doing well. With 171,500 sqm placed in 2023, the city of Gironde has had "an exceptional year", according to (...)

Hospitality 22/02/2024

Why Covivio is increasing its stake in its hotel subsidiary

By the end of April, Covivio will hold 52.2% of the capital of its subsidiary Covivio Hotels following the acquisition of the 8.3% held (...)

Listed 22/02/2024

Covivio to take over Generali's 8.3% stake in Covivio Hotels

Covivio has signed an agreement to acquire Generali's 8.3% stake in Covivio Hotels in exchange for new Covivio shares. This transaction represents the equivalent (...)

Office 17/01/2024

Off-market, Covivio sells a school in Milan's Symbiosis district

Covivio has recently sold the building occupied by ICS Milan International School since January 2021 in the new Symbiosis business district in the capital (...)

Listed 29/11/2023

Covivio successfully prices a €500m green bond

Paris-based REIT/SIIC Covivio has successfully placed €500m of green bonds maturing in June 2032. "The proceeds of the issue will be used to finance (...)

Hospitality 08/11/2023

An XXL consolidation operation between Covivio and AccorInvest

Covivio and AccorInvest officially entered into exclusive negotiations with a view to reorganising ownership of the premises and goodwill of their "high-potential" hotels, according (...)

Finance 26/10/2023

No market in Europe escapes slowdown for CRE investment by end of Q3

European commercial real estate registered the seventh consecutive quarter of falling investment in July through September, ensuring no market or sector had escaped the (...)

Hospitality 03/10/2023

Covivio Hotels wants to accelerate its operations

Tugdual Millet knows all about Covivio's Hotels subsidiary, which he has taken over as Managing Director in spring 2021. And with good reason: he (...)

Territories 19/06/2023

La Part-Dieu, or the art of reinvention

Long gone are the days of the Cuirassiers barracks, military land finally acquired in 1960 by the then mayor of Lyon, Louis Pradel. ‘It (...)

Office 20/04/2023

Covivio completes sale of three French office buildings for €131m

Paris-based REIT/SIIC Covivio has completed the disposal of three office buildings for a total of €131m.These latest disposals concern three buildings with over 27,000 sqm of office (...)

Office 16/03/2023

Paris CBD, a district like no other

What is Paris CBD? The question may make you smile, but... Everyone has their own definition of the district, "depending on the underlying real estate," (...)

Listed 28/02/2023

"2023 will be distinguished by a shock to asset values, a real estate shock"

Business Immo: What is your initial assessment of the SIICs’ 2022 annual results? Stéphanie Dossmann: In France, many REIT/SIICs are exposed to retail. They were (...)

Listed 22/02/2023

After a successful 2022, Covivio is thinking about the future

With €968m in consolidated rental income (+12.7 % on a like-for-like basis), Covivio reports a 5 % increase in its recurring net income (adjusted (...)

Office 20/02/2023

Gecina signs leases at €1,000/sqm/year in Paris CBD

Paris-based REIT/SIIC Gecina says it is "on the attack". "We are trying to define the premium rent in Paris ourselves," commented CEO Beñat Ortega the (...)

Retail 08/02/2023

Luxury giants LVMH and Kering have a "totally different vision than an ordinary investor"

The luxury industry is not experiencing a crisis. The "record" year 2022 signed by LMVH, despite the geopolitical and economic situation, attests to this: (...)

Listed 14/12/2022

With macroeconomic turbulence ahead, Covivio keeps its head down

"If we had been told a year ago that there would be war in Europe, that inflation would be at 10% in the euro (...)

Office 06/12/2022

Greater Paris Crane Survey: the slow decline in office production

Are offices still being built in Paris and the inner suburbs? The answer is yes! To be more precise, not only are new offices (...)

Office 29/11/2022

A luxury brand leases Paris 8th's 21 Goujon from Covivio

Covivio has signed a lease agreement with a French luxury brand for the 8,600 sqm of the 21 Goujon office building in the 8th arrondissement (...)