Stock market performance: glass half empty... Despite the vertiginous fall in share prices experienced by the entire stock market as soon as the health crisis (...)
In the first half of 2020, Altarea has announced an 8.1% increase in sales to €1.4bn. Altarea has been able to contain the immediate (...)
At 30 June 2020, IFRS net assets attributable to ordinary shareholders (on a diluted basis) were £8,539.8m (31 December 2019: £7,677.6m), equating to 716 (...)
In the first half of 2020, a state of emergency and lockdown measures were implemented in the three countries (France, Spain and Italy) in which (...)
Paris-based retail REIT/SIIC Frey, specialised in open-air shopping centres, has announced the acquisition of AG Real Estate's stake in the Frey Retail Fund 2 (...)
While some listed real estate companies were heavily impacted by the Covid-19 epidemic, Paris-based REIT/SIIC Gecina was able to limit the damage in H1 (...)
Paris-based REIT/SIIC Covivio reported rental income of €302m for H1 2020 (vs €439m in H1 2019), up 1.9% on a like for like basis (...)
French REIT/SIIC Icade’s net profit attributable to the group totaled €5m for H1 2020, s significant drop from the €47m recorded in H1 2019. (...)
In response to the French government’s urging last week, French REIT/SIIC Icade’s Board of Directors decided to lower the 2019 dividend amount that will (...)
Live from Simi (Paris) - French real estate data provider iread, a sister company of Business Immo, has acquired the datasiic.com website, a tracking service (...)
Jacques Ehrmann, one of France's top real estate executives who is stepping down as head of the listed Carmila retail group this month, is to join REIT/SIIC Altarea Cogedim as (...)
France's REIT/SIIC association FSIF has elected Maryse Aulagnon, founder of the Affine group, as president in succession to Covivio CEO Christophe Kullmann. FSIF (Fédération des Sociétés Immobilières et Foncières) represents around 35 real estate investment trusts that (...)
Icade Santé, the healthcare unit of the French REIT/SIIC Icade group, is investing €191m to acquire 12 medium- and long-term care assets in France. The (...)
After a year marked by introduction of a new strategic plan, French state financial institution CdC reported aggregated earnings for last year of €3.3bn, (...)
France's Société de la Tour Eiffel boosted assets to €1.72bn from €1.17bn after absorbing peer Affine last year, but reported an unconsolidated 2018 net (...)
A Hamburg student housing firm working with wood, a Moscow concert park project, France's Altarea Cogedim, and Frankfurt's old town redevelopment were among MIPIM (...)
French REIT Gecina grew recurrent net income by 20% to €437.2m in 2018 and by 9% per share, and is proposing a dividend rise (...)
In a move seen as part of succession planning, Alain Chaussard, long-time chief executive of French REIT/SIIC Affine, is to step down, the company has announced. The (...)
Giant French REIT/SIIC Foncière des Régions is in talks with Italy's Beni Stabili, its 52.4%-owned Italian office unit, to merge the latter into the group on the (...)
Diversified French REIT/SIIC Foncière des Régions has confirmed it is in talks to acquire a portfolio of 14 British hotels from the US-based Starwood Capital group. The portfolio (...)
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