Business Immo, the real estate website

lockdown

Listed 29/04/2021

URW's turnover down 40.8% in Q1 2021

The proportionate turnover of URW for the first three months of 2021 amounted to €566.7m, down by -40.8% year-on-year, reflecting the impact of the (...)

Retail 22/04/2021

French retailers' representatives call for "imperative reopening of all shops by 10 May at the latest"

The presidents of the twelve major French retail federations (including Procos) and more than 150 managers of retail networks are calling on the government (...)

Retail 13/04/2021

French specialised retail activity down 27.8% in March 2021 - Procos

In its latest report on specialised retail activity, Procos, a federation representing 300 retailers, has compared activity in March 2021 and 2019. It considers that (...)

Housing 25/03/2021

Housing sales remain strong in the Paris region

"The resilience of the real estate market is confirmed," indicate the Notaires du Grand Paris (Greater Paris Notaries) association in their latest note on (...)

Finance 22/03/2021

Savills expects European CRE investment volumes to range between €250bn and €280bn in 2021

Hampered by the Covid-19 pandemic, European commercial and residential investment volumes reached approximately €258.3bn in 2020, a recent study from Savills reports, down 17.8% (...)

Territories 19/03/2021

Covid-19: French Prime Minister announces new lockdown in 16 departments for at least four weeks

French Prime Minister, Jean Castex, has announced new measures to fight the coronavirus. "New measures must be taken. The weekend lockdown had a real (...)

Retail 08/03/2021

French specialised retail: activity down 25% year-on-year in February 2021 — Procos

According to the latest report on French specialised retail by Procos, shop activity for February 2021 is 25% lower than in February 2020. These (...)

Retail 05/03/2021

France closes >10,000 sqm shopping centres in high-risk departments

Although French Prime Minister Jean Castex estimated yestereday in a televised speech that "the observed evolutions do not justify taking at this stage" lockdown measures (...)

Logistics 03/03/2021

French logistics investment market remained dynamic in Q4 2020 — JLL

In 2020, €3.5bn was invested in the French logistics property market, a volume down 34% in one year. According to JLL, this decline is (...)

Retail 02/02/2021

Closure of shopping centres: French landlords and retailers ask for more clarity and solidarity

By decreeing the closure of non-food shopping centres larger than 20,000 sqm in order to stop the resurgence of the Covid-19* epidemic, the French (...)

Retail 01/02/2021

No lockdown for France, but non-food >20,000 sqm shopping centres have to close

The French, as well as many economic actors were expecting a third lockdown to fight against Covid-19. Rather, President Emmanuel Macron opted for a reinforced (...)

Retail 25/11/2020

Emmanuel Macron announced the reopening of shops on November 28th

In a televised address to the French nation, the Head of State Emmanuel Macron spoke and announced a number of new measures to fight the Covid-19 (...)

Hospitality 16/11/2020

France’s hospitality sector hit hard by the pandemic’s 2nd wave - Extendam

On 12 October, the Secretary of State for Tourism, Jean-Baptiste Lemoyne, encouraged the French to book their All Saints' Day holidays. Reading the latest (...)

Listed 12/11/2020

S&P downgrades URW’s credit rating to 'BBB+', outlook negative

Following Unibail-Rodamco-Westfield (URW) shareholders" rejection of a proposed €3.5bn capital increase, which was a main component of its €9bn RESET strategic plan to decrease (...)

Retail 06/10/2020

France’s Banque des Territoires will devote €1bn to boosting inner-city retail

The report from France’s Banque des Territoires on inner-city retail is gloomy. Some 80,000 establishments in medium-sized towns are heavily impacted by the Covid-19-related (...)

Logistics 23/09/2020

The health crisis should boost demand for logistics space - Savills

E-commerce has played an essential role in the lives of many Europeans since the lockdown and has reached an unprecedented proportion of total retail (...)

Retail 11/09/2020

What are the main trends for France’s retail property market? - Knight Frank

Four months after the end of lockdown, the situation is far from having returned to normal for France’s retail property sector. But while there (...)

Housing 03/08/2020

In times of uncertainty, block residential reinforces its attractiveness — Primonial REIM

Primonial REIM has just published a recent study about the office, commercial, residential, health, and hospitality markets. “Although the lockdown reduced the volume of (...)

Finance 31/07/2020

European CRE transactions slide to lowest level in six years in Q2 – RCA

As the Covid-19 pandemic and associated lockdowns took a grip on markets, the volume of European commercial real estate investment transactions plunged to the (...)

Retail 28/07/2020

Covid-19 has not adversely affected France's prime retail rents – JLL

According to JLL, no decline in rental values has been observed on the French retail market so far, according to JLL, with prime rents (...)