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REIT

Retail 19/05/2022

URW to roll out Westfield brand to three European flagship destinations

Paris-based global REIT/SIIC Unibail-Rodamco-Westfield announced today the rebranding of three Flagship centres, rolling out the Westfield brand to Parquesur in Madrid, Taby Centrum in Stockholm, (...)

Hospitality 22/03/2022

Covivio lets 31 hotels in France to B&B HOTELS

Paris-based REIT/SIIC Covivio has signed a memorandum of understanding, through its subsidiary Covivio Hotels, with B&B Hotels for the takeover and sale-lease of 31 (...)

Hospitality 17/03/2022

"In ten years, we will have gone from seven to 40 Hilton hotels in France"

Business Immo: What is the development strategy for the Hilton group, particularly in France? David Heijligers: Hilton operates more than 6,800 hotels worldwide and recently (...)

Office 01/03/2022

SFL acquires Paris 15th's 39,500 sqm Pasteur building from Primonial REIM France

Paris-based REIT/SIIC SFL, , an affiliate of Spain's Colonial, and Primonial REIM France entered into an agreement under which Primonial Reim France undertakes to sell to SFL (...)

Listed 23/02/2022

"Covivio has experienced a recovery in all its business sectors in 2021"

Business Immo: Covivio presented its results for the year 2021 this evening. What do you remember about this year from a financial point of (...)

Listed 22/02/2022

As a changing of the guard looms, Gecina looks to the future with confidence

As she prepares to hand over to Klépierre's Beñat Ortega after five years at the head of Paris-based REIT/SIIC Gecina, Méka Brunel presented the (...)

Finance 19/01/2022

Gecina raises a new €500m green bond

Paris-based REIT/SIIC Gecina today successfully placed a new €500m green bond with a maturity of 11 years (due in January 2033) and a coupon of (...)

Office 11/01/2022

Gecina continues to fill its buildings in La Défense

On December 30, 2021, Paris-based REIT/SIIC Gecina signed a nine-year lease with Keolis for around 6,000 sqm of the Sunside building, in the La Défense (...)

Finance 15/11/2021

Frey closes two financings totalling €150m

French REIT/SIIC Frey has just signed two medium-term financing lines with ESG performance criteria for a total amount of €150m, with a 5-year maturity (...)

Health / Senior 25/10/2021

Icade Santé signs two new acquisitions

Icade Santé, French REIT/SIIC Icade's healthcare propert arm, has announced two new acquisitions for a total of €68m. The first is a mutualist clinic in the (...)

Finance 19/10/2021

French unlisted real estate funds raise €2.2bn in Q3 2021 - Aspim/IEIF

According to Aspim and IEIF data, SCPIs and retail OPCI funds collected €2.2bn in Q3 2021, a 24 % drop in volume compared to the Q2 (...)

Listed 30/07/2021

URW: deleveraging as a guiding principle

More than ever, Unibail-Rodamco-Westfield (URW) remains committed to its goal of reducing its debt, whether through disposals, by reducing its investments or by suspending (...)

Listed 30/07/2021

Despite dynamic marketing, French SIIC Carmila does not provide guidance for 2021

In the three countries where Carmila operates - France, Spain and Italy - activity in the first half of 2021 was once again marked (...)

Listed 29/07/2021

Icade is optimistic before the IPO of its healthcare unit

Before a well-deserved summer break, real estate companies publish their results for the first six months of 2021. The conclusion that can already be (...)

Retail 29/07/2021

Nîmes: Frey acquires the "Carré Sud" open-air shopping centre for €85.7m

Paris-based REIT/SIIC Frey has has acquired, from a group of private investors, the shares in a company owning the "Carré Sud" shopping centre in (...)

Listed 28/07/2021

Gecina reassured in its strategic choices

Reassured by the like-for-like growth of its rental income in the first half of 2021, both in offices (+0.4%) and traditional housing (+1.1%), Gecina (...)

Listed 28/07/2021

Klépierre's main financial indicators still down

Paris-based pan-European REIT/SIIC Klépierre continues to take on water under the impact of successive waves of Covid-19. Its total revenue in H1 2021 is (...)

Listed 28/05/2021

Hammerson completes first real estate sustainability-linked bond of €700m

Retail REIT/SIIC Hammerson has announced the successful completion of a €700m sustainability-linked bond with a 6 year maturity period and a 1.75% coupon.  The new (...)

Listed 10/05/2021

Klepierre's total revenues drop 11.3% in Q1 2021

Paris-based pan-European REIT/SIIC Klépierre’s total revenues for the three-month period ended March 31, 2021 amounted to €281.2m, an 11.3% decrease compared to the same (...)

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 (...)