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Logistics 09/09/2019

Germany's Patrizia adds new logistics warehouse near Saint-Étienne, France

Listed German investment manager Patrizia has acquired a new logistics warehouse in Andrézieux-Bouthéon, north of Saint-Étienne, France, for one of its pan-European funds. The Augsburg, (...)

Retail 06/06/2019

"Ultimately we’d like to become a pan-European food retail specialist"

BIE: Greenman had €667m deployed in 64 centres in March. Is all of this in Germany? Johnnie Wilkinson: At the moment the only place where (...)

Retail 24/05/2019

French Auchan sells loss-making stores in Italy, Vietnam for reported €1bn

For a price said at €1bn, French supermarket group Auchan is selling almost all its loss-making Italian retail to local co-operative firm Conad, as well (...)

Retail 24/05/2019

French Casino parent Rallye placed under creditor protection

Rallye, the parent company of French retailer Casino, has been placed under creditor protection by a Paris commercial court to give it time to (...)

Career 16/05/2019

Jacques Ehrmann, chairman of French supermarket firm Carmila, resigns

One of France’s most high-profile retail property executives, Carmila Chairman and CEO Jacques Ehrmann, has resigned and will be succeeded by Alexandre de Palmas.  Carmila, a (...)

Retail 23/04/2019

France's Casino sells 32 supermarkets to US investor Apollo for €470m

The French supermarket group Casino has signed to sell 12 Géant hypermarkets and 20 Monoprix and Casino supermarkets to US investor Apollo for €470m. Located primarily outside (...)

Retail 21/01/2019

French Casino signs €501m sale of supermarkets to US Fortress funds

French supermarket group Casino has signed an agreement with US opportunity funds firm Fortress to sell 26 hypermarkets and supermarkets across the nation for (...)

Logistics 27/11/2018

French logistics REIT Argan to repeat double-digit growth in 2018

Paris-based warehouse REIT/SIIC Argan has experienced spectacular development since foundation in 2000 - and 2018, reaching €1.4bn under management by year-end, will be no different. In an (...)

Retail 01/10/2018

French Casino signs €565m deal to sell 55 Monoprix supermarkets

Listed French supermarket giant Casino has signed an agreement to sell 55 Monoprix real estate assets, of which 19 in the Paris region, for €565m. It (...)

Listed 26/07/2018

French retailer Casino sells 15% of Mercialys unit for €213m

French supermarket chain Casino, under pressure to reduce debt, has raised €213m by selling 15% of listed unit Mercialys via an equity swap with (...)

Retail 12/06/2018

French retailer Casino targets €1.5bn asset disposals, including real estate

French supermarket chain Casino is to sell off €1.5bn of non-core assets, including real estate, with a view to reducing debt and focusing on the digital (...)

Finance 16/02/2018

French Mercialys retail REIT posts unchanged €114m 2017 FFO, NAV at €20.86 shr

French retail REIT/SIIC Mercialys, an affliate of the Casino supermarket group, reported 2017 FFO unchanged from 2016 at an adjusted €114m, though its EPRA NAV rose nearly 1% to (...)