Spain's REIT/SOCIMIs have succeeded in the government's aims of reviving the nation's previously depressed real estate, boosting the economy and creating jobs, the EPRA/Iberian (...)
Spanish REIT/SOCIMI Merlin Properties intends to float housing affiliate Testa Residencial on the stock market before summer to become the nation's first listed residential investor, CEO Ismael Clemente says. Its (...)
Live from MIPIM (Cannes) - First impressions from the sunshine of Cannes: still plenty of optimism around real estate value in Europe though now it comes (...)
Listed Polish shopping centre group EPP grew net profit last year by 77% to €128m but its distributable earnings, after portfolio revaluation and other (...)
Miguel Ferre, one of the fathers of Spain's REIT regime, is to take part, alongside four of his most successful 'progeny', Merlin Properties, Hispania, Colonial and Lar España, at (...)
French listed group Altarea Cogedim ended 2017 well ahead of plan, with recurring FFO one-third higher at €256.3m and diluted net asset value up 9% to (...)
Spain's largest REIT/SOCIMI Merlin Properties reported a 89% surge in 2017 net profit to €1.1bn, with FFO up 31% at €289m, though per share FFO rose (...)
French commercial property REIT/SIIC Affine, which balances its portfolio between Paris and major cities, said 2017 net profit group share rose by two-thirds to €9.1m. EPRA earnings (...)
Milan-based REIT/SIIQ Coima Res more than doubled 2017 recurring FFO to €16.8m from €6.2m in 2016 on gross assets worth €619.7m, up from €526m. It will (...)
French office REIT/SIIC Gecina raised net income by 4.6% in 2017, adding nearly 19% to net asset value to take it to €152.9 per (...)
Shares in Paris office REIT/SIIC Cegereal, controlled by US firm Northwood, jumped 8% Friday after it reported 2017 IFRS net profit up by 51% (...)
French retail REIT/SIIC Mercialys, an affliate of the Casino supermarket group, reported 2017 FFO unchanged from 2016 at an adjusted €114m, though its EPRA NAV rose nearly 1% to (...)
Dutch REIT/FBI Vastned, active in high street retail in four European countries, reported a near quadrupling of its attributable net profit to €94.6m in 2017, (...)
Diversified French REIT/SIIC Foncière des Régions last year raised net recurring income by 10% to €391m, and will propose a 2.3% dividend increase to (...)
Shares in Madrid-based residential developer Metrovacesa, one of the biggest casualties of Spain's recent recession, fell in trading Monday to €15.27, below its IPO price (...)
Société Foncière Lyonnaise, a Paris office REIT/SIIC controlled by Spain's Colonial group, raised 2017 EPRA earnings by 1.5% to €102.4m though attributable net profit surged more strongly - (...)
French REIT Icade reported a tripling of 2017 net attributable profit to €170.3m, and will propose a rise in its dividend to €4.30 per share. Net (...)
Following its move last year to become the sole owner of Spanish resort group Bay Hotels, Madrid REIT/SOCIMI Hispania is considering a merger or a de-listing (...)
French shopping centre REIT/SIIC Klépierre reported a slight rise in net income for 2017 to €1.50bn from €1.48bn a year earlier, plus a 7.4% climb in (...)
Stéphane Theuriau, co-CEO of French REIT/SIIC Altarea Cogedim and head of its Cogedim unit, is to leave the Paris-based group to launch a new business with the creation (...)