Business Immo, the real estate website

Grégory Frapet

Housing 24/09/2019

Paris manager Primonial REIM pays €85m for mixed-use Lyon portfolio

Paris-based manager Primonial REIM is paying €85m to acquire a portfolio of seven mixed-use properties in Lyon from a subsidiary of the Abu Dhabi (...)

Office 18/09/2019

France's Primonial adds 20,000 sqm Saint Denis office complex for €167m

Paris manager Primonial REIM has acquired the 20,000 sqm Green Corner office complex in Saint Denis, a northern suburb of Paris, from REIT/SIIC Covivio for a (...)

Health / Senior 01/08/2019

French Primonial adds 20-asset German senior care portfolio from EQT

French property fund manager Primonial REIM has signed to acquire 20 German senior care facilities in a sale-leaseback portfolio sold by EQT Infrastructure. No financial details were (...)

Retail 17/07/2019

French Primonial REIM makes first investment in the Netherlands with acquisition of 42 retail assets

French fund investor Primonial REIM completed the acquisition of a portfolio of 42 retail assets in the Netherlands on behalf of two of its (...)

Finance 24/06/2019

Investors discover the newfound joys of living

According to JLL’s European Living Survey, around €69bn was invested throughout Europe in the “living” sector, which includes the traditional residential sector, student housing, (...)

Office 17/05/2019

France's Primonial pays €160m for Newtime office asset in Paris

French fund investor Primonial REIM has paid €160m to acquire Newtime, an office building in Neuilly to the west of Paris centre, on behalf of institutional (...)

Health / Senior 12/04/2019

French Primonial signs to add two Paris region senior care homes for €72m

French investment manager Primonial REIM has signed to acquire, for €72m, two senior care homes in the Paris region from Swiss Life Asset Managers (...)

Health / Senior 28/03/2019

French Primonial REIM adds 12 German care facilities in sale-leaseback

French manager Primonial REIM has finalised a sale-leaseback agreement for a portfolio of 12 residential care facilities in Germany with operator Advita Pflege for one of (...)

Finance 26/02/2019

French Primonial boosts real estate AUM 21% to €17bn in 2018

Paris-based investment manager Primonial REIM boosted AUM last year by 21% to €17.2bn, and said it made one-third of new investments outside France. The group's (...)

Finance 20/02/2019

France’s SCPIs set out to conquer Europe

French SCPI real estate funds (société civile de placement immobilier), mainly designed for private savers, have invested €7.1bn outside the nation in the last (...)

Finance 29/01/2019

French Primonial said put up for sale by London's Bridgepoint

French investment manager Primonial, which manages around €15bn in real estate, is reported to be up for sale by its owner, the London-based private (...)

Office 23/11/2018

French Gecina closes €266m sale of Lyon offices to Primonial REIM

Paris office and residential REIT/SIIC Gecina has finalised a €266m sale of nine office buildings in Lyon to investment manager Primonial REIM. The sale, which follows a preliminary agreement (...)

Finance 18/07/2018

French Primonial takes full control of REIM unit

French wealth manager group Primonial is to acquire all remaining 30.3% of equity in its real estate subsidiary Primonial REIM from U.F.F. Bank. No (...)

Health / Senior 08/06/2018

France's Primonial aims €800m at German healthcare with US REIT

French investment manager Primonial has entered exclusive talks to acquire, on behalf of institutional clients, a 50% stake in a €1.635bn German healthcare real estate portfolio (...)

Office 01/06/2018

French Primonial aims at €20bn AUM, halving office exposure - Frapet

The new head of France’s Primonial REIM, one of the country’s biggest private property investment managers, says he aims to grow assets to €20bn in (...)