Business Immo, the real estate website


Logistics 07/10/2020

UK's Valor acquires an urban distribution asset south of Paris

UK's Valor Real Estate Partners, specialised in last-mile logistics, has announced the acquisition, from Cromwell Property Group, of a 16,100 sqm urban distribution asset located in Lisses, (...)

Housing 05/10/2020

"Coliving responds, with a more favourable framework, to a demand from institutional clients for residential"

Business Immo: 813 Capital Investment has dedicated its investment strategy to the coliving sector. What does this strategy entail? Adrien Durazzini: We have a strategy (...)

Housing 05/10/2020

Gecina and Nexity partner to develop 4,000 new housing units in France

Paris-based REIT/SIIC Gecina and French listed real estate company Nexity have announced they have signed a partnership to develop 4,000 new housing units over four years (...)

Finance 29/07/2020

Nexity's H1 2020 results strongly impacted by Covid-19

French listed real estate company Nexity’s group share of net profit came to €7m for H1 2020, versus €52m for H1 2019, a downward trend (...)

Finance 07/05/2020

Nexity: turnover down by 11% in 1Q20

After the start of 2020 marked by a dynamic in line with that of the previous year, Nexity noted since March 16, 2020, due (...)

Career 24/04/2020

Nexity's Chief Executive Officer, Jean-Philippe Ruggieri, has passed away

Jean-Philippe Ruggieri, the CEO of the Nexity group, died last night as a result of the Covid-19. Jean-Philippe Ruggieri, 51 years old, had taken over (...)

Office 17/04/2020

BNP Paribas REIM buys the Influence 2.0 building in Saint-Ouen from Nexity

French manager BNP Paribas REIM has acquired the Influence 2.0 building, a 25,000 sqm office asset located in the Paris Suburb of Saint-Ouen, on (...)

Listed 08/04/2020

France’s Nexity reduces dividend and suspends all objectives

In response to the downturn in activity caused by the Covid-19 epidemic, French developer Nexity's Board of Directors met has decided to reduce the proposed (...)

Housing 20/03/2020

France’s Nexity ready to make vacant housing available during the crisis

During a press briefing, French Minister Julien Denormandie spoke about the provision of vacant accommodation for the homeless, indicating that discussions were currently underway. (...)

Listed 10/03/2020

Paris-based Frey continues to upgrade its portfolio

Those who predict the death of physical retail probably haven't heard of French retail-focused REIT/SIIC Frey. With triple net EPRA NAV to €778.6m (+29%), (...)

Housing 09/03/2020

France's Nexity acquires 65% of German developer pantera AG

French developer Nexity has acquired 65% of Cologne-based residential developer pantera AG’s share capital, with the intention to develop its real estate services platform (...)

Logistics 03/03/2020

US Clarion Gramercy invests €134m in French logistics real estate

American logistics real estate investment fund manager Clarion Gramercy has committed to forward fund two Class A warehouses located in the cities of Réau (...)

Housing 26/11/2019

French public-private initiative aims at challenges in housing

A major new public-private initiative is being launched in France today to investigate ways to approach and, if possible, solve some of the nation's (...)

Housing 30/09/2019

France's Harvestate in first close at €130m for urban housing fund

France's Harvestate Asset Management has made a first close at €130m in commitments for a new fund, Terrae Optimae 1, targeting urban land and housing redevelopment. The alternative investment (...)

Hospitality 23/09/2019

France's Gecina, BNP Paribas RE drop bid to build Paris 2024 Olympic village

French REIT/SIIC Gecina and BNP Paribas Real Estate are dropping their joint bid to construct the future athletes' village for the Paris 2024 Olympics. The (...)

Housing 22/05/2019

French Arche adds Guy Hoquet to become nation's 3rd resi agency

The privately-held Arche group, France's fast-growing residential adviser, has acquired the Guy Hoquet franchise network from Nexity, to take its Citya unit to third largest nationwide.  Giving no (...)

Housing 03/05/2019

France selects Athletes' Village developers for 2024 Paris Olympics

France has selected the companies which will be assigned to develop the Athletes' Village for the 2024 Paris Olympics and Paralympics. The infrastructure is planned (...)

Listed 29/03/2019

Dinin to step down as CEO of French housing group Nexity

One of France's best known real estate entrepreneurs, Alain Dinin, is to step down as chairman and CEO of listed housing firm Nexity, and (...)

Housing 21/02/2019

France's Nexity agrees to produce 8,000 homes for CDC Habitat

France's largest residential developer, listed group Nexity, is boosting sales for professional landlords, and has agreed with state-owned CDC Habitat to produce 5,000 intermediate (...)

Listed 21/02/2019

French Nexity net rises 12% to €198m, new home reservations at 19,609

French listed housing group Nexity increased group share net profit by 12% last year to €198m, with new home reservations rising to 19,609, up 10%yy to (...)