Business Immo, the real estate website

La Défense

Office 29/07/2020

La Défense: Unibail-Rodamco-Westfield to relocate headquarters in the Trinity Tower

Listed property giant Unibail-Rodamco-Westfield has announced the installation, in the summer of 2021, of its future headquarters in the Trinity Tower, its latest office (...)

Office 27/07/2020

Average rent incentives reach at 20.9% in the Greater Paris region​ in Q2 2020 – Immostat

The average level of rent incentives for new office lettings above 1,000 sqm in the Greater Paris Region increased in Q2 2020 to reach (...)

Finance 07/07/2020

Greater Paris office take-up drop 40% in H1 2020, French CRE investments down 20%

Over first half 2020, office take-up in the Greater Paris Region reached 667,500 sqm, according to new Immostat data, down 40% compared to H1 2019. (...)

Office 16/06/2020

EDF re-ups for 12 years in Paris La Défense’s PB6 Tower

French energy group EDF has just renewed a firm 12-year commercial lease on 38,000 sqm in the PB6 Tower, located in the Paris La Défense (...)

Office 11/06/2020

Total signs off-plan lease on Paris La Défense’s 130,000 sqm The Link

Paris-based Groupama Immobilier and French multinational oil and gas company Total have announced the off-plan signing on 14 March of a lease to make (...)

Office 19/05/2020

The City remains the world's leading business district, La Défense confirms attractiveness - EY/ULI

Despite the disruptions caused by Brexit, the City in London remains the world’s leading business district, according to the Global Business Districts Attractiveness Barometer 2020 (...)

Office 03/03/2020

French commercial real estate hits record highs in 2019

To say the French commercial real estate market finished the year strong to beat its 2018 record would be an understatement. “A year-end rally (...)

Office 27/01/2020

Average rent incentives reach 20.8% in Greater Paris in 4Q19 - Immostat

The average level of rent incentives for new office lettings above 1,000 sqm in Greater Paris increased in 4Q19 to reach 20.8% (+1.5 point (...)

Office 12/12/2019

Paris record office production contrasts with London declines - Deloitte Crane Survey

Live from Simi (Paris) - After three years of stability in Greater Paris office production, this rose 13%yy to a record 2,275,000 sqm in (...)

Office 11/12/2019

[REPORTAGE] What is it that makes investors run to La Défense?

Often considered too cold, too mineral or even too mono-functional, La Défense is the object of all desires. Investors - led by South Koreans (...)

Office 25/10/2019

Paris-La Défense office complex ‘In Défense’ said sold to Swiss Life AM

Swiss Life AM is once again showing appetite for Europe's leading business district, Paris La Défense, with the In Défense building now sold by (...)

Hospitality 01/10/2019

Germany's Union Investment eyes road ahead for hotel real estate in Europe

Business Immo: What role do hotels play in Union Investment's activity? Andreas Löcher: About 40 years ago, Union Investment was one of the first institutional investors to (...)

Territories 15/05/2019

Opportunities abound aboard the Grand Paris Express

"Grand Paris Express is an exceptional investment opportunity, as the public authorities are investing €40bn to develop it, but also a very strong sign (...)

Office 22/03/2019

Korean investors comb Paris La Défense after Mirae snaps up URW's Majunga for €850m

South Korean investors are watching Paris La Défense closely after news Unibail-Rodamco-Westfield has sold the Majunga tower to Seoul-based Mirae Asset Daewoo for €850m. The deal raises (...)

Office 21/02/2019

GCI lets 7,000 sqm Paris Opéra Italiens to WeWork 4mths after purchase

Private Paris developer and investor GCI has fully leased its 7,000 sqm GLA Opéra Italiens building in the central business district to WeWork France just four months after (...)

Housing 23/01/2019

French home listings viewed from Britain surge 75% in 4Q18

With the UK's exit from the EU still expected on 29 March, the number of French housing ads consulted from Britain over the last (...)

Office 13/12/2018

Tristan Capital pays €92m for Paris suburban office package for fund

European fund manager Tristan Capital Partners has acquired, off market, an 18,223 sqm portfolio of three renovated office buildings in the Rueil-Malmaison sub-market of (...)

Office 15/10/2018

Unibail to sell Paris Ariane tower for €465m to Singapore's GIC

France's Unibail-Rodamco-Westfield, the world's largest shopping centre group, is selling the Tour Ariane office tower block in La Défense west of Paris for €464.9m (...)

Office 11/09/2018

European Banking Authority signs on Paris La Défense Europlaza as new HQ

Two years after the UK's Brexit vote which sparked a decision last November to move the European Banking Authority to Paris, the agency has (...)

Office 19/07/2018

Strengthening Paris office boosts 1H France investment to €12.5bn

Commercial property investment in France reached €12.5bn in first half, boosted by strengthening demand in Paris region office, says the ImmoStat group. BNP Paribas Real Estate (...)