Business Immo, the real estate website

Rockspring

Retail 19/07/2023

The sale of O'Parinor is looming, with Klépierre in pole position

As revealed by Business Immo on 10 July, O'Parinor, the shopping centre in Aulnay-sous-Bois owned by Hammerson and NPS, has been put up for (...)

Retail 10/07/2023

Hammerson and NPS have received bids for O'Parinor shopping centre

O'Parinor, a shopping centre in the Paris region owned by Hammerson (25%) and NPS (75%), has been put up for sale for the third (...)

Listed 18/02/2019

Germany's Patrizia grows operating income 72% to €141m, AUM at €41bn

German property group Patrizia reported a 72.1% rise to € 141.4m in operating income in 2018 preliminary figures, with total assets including managed funds (...)

Listed 19/09/2018

German Patrizia renames all units under parent brand

Less than a year after the takeover of real estate managers TRIUVA and Rockspring, German listed Patrizia has brought all group units under the single shared (...)

Finance 09/08/2018

German Patrizia doubles operating income in 1H, increases 2018 guidance

German listed property group Patrizia Immobilien AG reported a 106,6% boost of its operating income in the 1st half of 2018, to €72.5m, and (...)

Retail 25/06/2018

Hamburg's Warburg-HIH Invest pays €100m for German convenience retail

Warburg-HIH Invest, a joint venture between the private M.M. Warburg bank and HIH group, has paid over €100m for five local convenience centres in Germany (...)

Office 29/05/2018

Grosvenor shifts French strategy from retail towards office renovations

Grosvenor Europe, part of London's privately-held Grosvenor real estate giant, has shifted its French strategy towards Paris office renovations and reduced its emphasis on retail property, (...)

Listed 18/05/2018

German Patrizia shares surge after 1Q income rises fourfold

Shares in German listed real estate group Patrizia surged by over 11% on Thursday following news that its first quarter operating income quadrupled to nearly €43m (...)

Finance 16/04/2018

Patrizia's Rockspring doubles return target with €400m asset sales

London real estate manager Rockspring, now part of Germany's listed Patrizia group, says it has sold eight assets from its liquidating TransEuropean Property Limited Partnership V fund (...)

Finance 19/02/2018

German Patrizia, reporting 14% operating rise in 2017, sees faster growth this year

Fast-growing German listed property group Patrizia reported a preliminary 14% rise in operating income last year to €87m, and said it expects growth of (...)

Office 13/02/2018

Brexit impact on Paris office slight but Macron, Grand Paris very positive - GCI

The impact on Paris office property of the UK's plans to leave the EU has so far been slight but the better investment climate (...)

Office 19/12/2017

Germany's listed Patrizia acquires UK-based Rockspring, boosts AUM to €40bn

In the second large German acquisition this week, listed Augsburg-based Patrizia announced Tuesday that it is buying the London-based real estate fund manager Rockspring, boosting managed assets (...)