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Foncière des Régions

Office 23/04/2019

French Covivio sells €264m Italian office portfolio at exit yield of 4.9%

The French Covivio group is selling a portfolio of Italian offices for €263.5m at a net exit yield of 4.9% which include 10 assets in Milan, (...)

Finance 18/04/2019

New actors on the European stage

“When it comes to equity, European real estate is like a busy nightclub – as soon as one group leaves, another seems to be (...)

Hospitality 06/09/2018

European hotels eye doubled global middle class in 20 years - EPRA

European hotel investment has gone from a small sector to a mega-industry and, with the global middle class expected to double in 20 years, (...)

Office 27/07/2018

Italy's Generali paid €200m for Paris, Brussels office assets - BIE sources

Italy's Generali Real Estate, part of the giant Trieste-based insurance group, invested around €200m to acquire a two-asset portfolio in Paris and Brussels from GLL Real (...)

Listed 20/07/2018

After 1H rebranding, €1.7bn acquisitions, Covivio still has strong ambitions - Kullmann

French REIT/SIIC Covivio has had an eventful 2018 thus far, assuming a new identity and making a major move into the British hotel sector. Long-time CEO (...)

Listed 29/05/2018

French Foncière des Régions renames as Covivio to reflect European reach

One of France's largest REIT/SIICs, Foncière des Régions managing €21bn in office, residential and hotel property, is changing its name to Covivio to reflect its truly (...)

Listed 20/04/2018

French FdR in merger offer for Italy's Beni Stabili; to change name

Giant French REIT/SIIC Foncière des Régions is in talks with Italy's Beni Stabili, its 52.4%-owned Italian office unit, to merge the latter into the group on the (...)

Listed 27/03/2018

Austria's Immofinanz rejects unsolicited US Starwood offer at €2.10 shr

Austria's listed property group Immofinanz has rejected an unsolicited partial offer for a 5% stake made by the US-based Starwood Capital group in parallel to a bid for (...)

Hospitality 27/03/2018

French Foncière des Régions confirms talks to buy 14 British 4/5-Star hotels

Diversified French REIT/SIIC Foncière des Régions has confirmed it is in talks to acquire a portfolio of 14 British hotels from the US-based Starwood Capital group. The portfolio (...)

Finance 15/02/2018

French Foncière des Régions boosts 2017 net 10% to €391m, sees favourable 2018

Diversified French REIT/SIIC Foncière des Régions last year raised net recurring income by 10% to €391m, and will propose a 2.3% dividend increase to (...)

Retail 08/12/2017

Foncière des Regions signs €290m of non-strategic French retail disposals

France's third largest REIT/SIIC by assets, Foncière des Régions, has signed agreements to sell of nearly €290m of non-core properties, French retail, aiming to strengthen (...)

Finance 30/11/2017

Inclusion of real estate in Italian individual savings should benefit REITs - Coima

The Italian 2018 budget's inclusion of real estate in PIR individual saving plans should bring more private capital into the sector and ultimately benefit (...)

Housing 25/10/2017

Companies need to adapt as Europe enters new property cycle

Europe is entering a new property cycle after two decades of rises interrupted by the GFC, and client demands are shifting, says Paris-based consultancy ViewS+S. (...)

Hospitality 23/10/2017

French FdR simplifies hotels, housing stakes prior to repositioning

French REIT/SIIC Foncière des Régions, which in recent years has branched out far beyond its initial office focus, is simplifying its structure, buying out partners (...)

Hospitality 20/10/2017

Gold in Spanish resort hotels (2): Blackstone, Ruggieri move in

In the rush to tap into the booming Spanish tourism hotel business, US wealth manager Blackstone and France’s Ruggieri family are hot on the (...)

Hospitality 20/10/2017

Gold in Spanish resort hotels (1): First mover Hispania tracked by Blackstone, Ruggieri

Gold has been discovered in Spanish resort hotels and REIT/SOCIMI Hispania is the first in the ‘rush’. But other fast movers are close behind. They include Blackstone, (...)

Finance 01/10/2017

European public real estate in good shape, led by German resi, French/Spanish office

European public real estate markets are in good shape as our website goes live. German housing stocks are near highs, as are most of (...)