Business Immo, the real estate website

Kering

Retail 23/01/2024

Kering invests over $960m in a "prestigious real estate asset" on 5th Avenue

Keeping a tight lid on its real estate transactions in France, Kering announced on Monday that it had acquired luxury retail space on 5th (...)

Finance 18/01/2024

Why are private investors back in the market ?

Beware of misleading figures! There is the €12.8 bn invested in the unmarked property market, according to the figures released today by Knight Frank, (...)

Finance 09/01/2024

A 57% fall in French commercial real estate investment by 2023

There was no miracle to be expected from the ImmoStat results published on Friday. And there was none. In France, the overall amount of (...)

Retail 19/12/2023

Champs-Élysées : luxury, records and envy

By the summer of 2022, the 150 Champs-Élysées building had already made headlines for a €650m deal. It was acquired from Groupama Immobilier by (...)

Finance 07/12/2023

€15bn worth of deals withdrawn from the French property market in 2023

"Due to a lack of agreement between sellers and buyers, the number of deals withdrawn from the market has been countless, in fact since (...)

Retail 06/12/2023

A €1bn deal on the Champs-Élysées

It has become a key theme for the French commercial real estate market in 2023: luxury groups are snapping up prime Parisian real estate. (...)

Retail 27/11/2023

"Investors are more selective than ever, with no urgency to act"

Business Immo : How is retail property investment faring on the eve of Mapic ? Antoine Grignon : Is it worth pointing out that (...)

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" (...)

Retail 02/11/2023

Prime retail yield hikes should continue in 2024, according to BNP Paribas Real Estate

Retail investment is in limbo, accounting for 21% of retail property commitments in 2023, according to BNP Paribas Real Estate, which has recorded just (...)

Finance 04/10/2023

Just under €1.8bn invested in French commercial property in Q3 2023

"At a time when the ECB has just raised its benchmark rate to a record level and the 10-year OAT has reached its highest (...)

Retail 20/09/2023

With a vacancy rate of 5.8 %, Paris's main thoroughfares are regaining their splendour

Paris's main shopping streets are packed to the rafters. As a result, according to the latest Knight Frank study unveiled during the 2023 edition (...)

Retail 20/09/2023

A luxury giant buys Paris 8th's 56 Montaigne

The chess game between the luxury behemoths intensified over the summer. According to corroborating sources, Kering, which made a name for itself at the (...)

Finance 27/07/2023

Property transactions plummet across Europe, but Paris holds up well

Hampered by rising interest rates, weak economic growth and structural changes across multiple asset classes, commercial property transaction volumes in Europe fell to their (...)

Retail 20/07/2023

French high street retail: the story of a comeback

"There has been a lot of talk about retail parks as the winning product of the post-Covid period, and the figures justify this good (...)

Retail 12/07/2023

The Champs-Élysées as attractive as ever (Mytraffic/C&W)

Mytraffic and Cushman & Wakefield have just published the third edition of the European high street match. As a reminder, this study compares the (...)

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 (...)

Finance 05/04/2023

French commercial real estate investment falls sharply in Q1 2023 (Knight Frank)

Knight Frank reports that continued monetary tightening and questions about the strength of the international banking system have kept investors on hold in the (...)

Office 29/03/2023

"The acquisition of the Castiglione complex allows Kering to create a tailor-made product for Gucci”

Business Immo: Choiseul REIM has signed one of the key transactions of the last year with the sale to Kering of the Parisian complex (...)

Retail 14/03/2023

780 M€ invested in retail property since the beginning of the year

780 - That's the amount, in millions of euros, invested in retail property over the first two months of the year, according to a (...)

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: (...)