Business Immo, the real estate website


Finance 09/11/2023

Paris remains an attractive property location... for the time being

Buoyed by the depth and liquidity of its property market, Paris has once again done well in the "Emerging Trends in Real Estate Europe" (...)

Office 08/11/2023

In France, the WeWork "crash" raises more questions than answers

It's the end of a success story that began in New York in 2010, under the impetus of Adam Neumann and Miguel McKelvey, the (...)

Office 19/10/2023

Gecina attracts a CAC40 company in Paris 17th's Mondo

This is undoubtedly one of the rental transactions of the year. Property company Gecina, which unveiled its financial results for Q3 2023, has pre-marketed (...)

Office 11/09/2023

WeWork calls on landlords to renegotiate all its leases

"There is substantial doubt about the company's ability to continue as a going concern." Last month, WeWork had already cast doubt on its future (...)

Finance 04/09/2023

Views+S study confirms that appraisal values are on a downward trend in France

Yes, property values did fall in the first half of 2023, whatever the asset class. Repricing averaged -3.6 %, according to a study by (...)

Listed 21/07/2023

Gecina leverages its billion euros to "deliver sustainable outperformance"

Since his appointment as Chief Executive Officer of Gecina in April 2022, Beñat Ortega has not spoken to the media, with the exception of (...)

Finance 05/07/2023

Only €6.2bn invested in French commercial property since the start of the year

After a sluggish start to the year, the French commercial property investment market has been even less active over the past three months. "At (...)

Retail 22/06/2023

What's behind Gecina's sale of 101 Champs-Élysées?

Shortly before 7pm on Tuesday evening, Gecina shook off its torpor in a hitherto ankylosed investment market, awaiting a repricing, by issuing a press (...)

Office 24/05/2023

Confusion at 101 avenue des Champs-Élysées

A little over two years ago, on May 10, 2021 to be precise, Gecina and LVMH lifted the veil on a « memorandum of (...)

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 (...)

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 (...)

Office 13/10/2022

Turnover at Paris 8th's 64 Lisbon

At the beginning of July, Gecina stated that it had signed a firm ten-year lease, « based on current prime rents », for the (...)

Office 19/07/2022

GCI buys La Défense's Being office building

The Being building, formerly known as Guynemer, is changing ownership in La Défense. Générale Continentale Investissements and its partner Alberta Investment Management Corporation (AIMCo), (...)

Career 02/06/2022

Delphine Gebelin appointed Head of Investment & Asset Management at Colliers Global Investors France

Colliers Global Investors France has finalised the evolution of its management and has entrusted Delphine Gebelin with the management of its investment and asset (...)

Listed 22/02/2022

As a changing of the guard looms, Gecina looks to the future with confidence

As she prepares to hand over to Klépierre's Beñat Ortega after five years at the head of Paris-based REIT/SIIC Gecina, Méka Brunel presented the (...)

Finance 21/02/2022

Hines France to expand its development activities to two new asset classes

While maintaining a strong commitment to offices, Hines France wants to expand its development activities to logistics and housing in 2022. The company intends (...)

Finance 09/02/2022

"Savills France continues to diversify from a business a geographical point of view"

Business Immo: The Covid-19 pandemic has had a major impact on property markets over the past two years. What is your assessment of Savills? Boris (...)

Finance 19/01/2022

Gecina raises a new €500m green bond

Paris-based REIT/SIIC Gecina today successfully placed a new €500m green bond with a maturity of 11 years (due in January 2033) and a coupon of (...)

Office 11/01/2022

Gecina continues to fill its buildings in La Défense

On December 30, 2021, Paris-based REIT/SIIC Gecina signed a nine-year lease with Keolis for around 6,000 sqm of the Sunside building, in the La Défense (...)