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Société Foncière Lyonnaise

Office 03/06/2020

Goldman Sachs to make 83 Marceau its future Paris headquarters

Despite the context of the health crisis, rental negotiations are continuing for prime office assets in the Paris CBD. According to BI sources, the real (...)

Listed 28/05/2020

SFL completes €500m bond issue

Société Foncière Lyonnaise (SFL), the Paris-based office REIT 82% held by Spain's Colonial, successfully issued €500m worth of seven-year bonds maturing on 5 June 2027 and (...)

Listed 16/10/2019

After logistics sale, Spain's Colonial analysing assets worth €1bn

Spanish REIT/SOCIMI Colonial, fresh from the €425m sale of its logistics portfolio, aims to continue expanding in office and is now analysing some €1bn in assets for (...)

Logistics 28/08/2019

Prologis Europe's winning bid for Colonial's Spanish logistics portfolio said at €425m

Prologis European unit has won the bid to purchase a 473,000 sqm Spanish logistics portfolio owned by REIT/SOCIMI Colonial for a price reported at €425m. The (...)

Listed 30/07/2019

Spain's Colonial boosts 1H net 66% to €69m, sees strong business model

Spain-based office REIT/SOCIMI Colonial boosted recurring net profit by 66%yy to €69m in the first half-year, and said the earnings set strengthens the group's business (...)

Logistics 21/03/2019

Spain's Colonial said selling logistics portfolio with €400m price tag

Spanish REIT/SOCIMI Colonial is reported to be preparing its entire logistics portfolio for sale in a deal that could fetch up to €400m. The portfolio is (...)

Listed 27/02/2019

Spanish Colonial's recurring net surges 22% to €101m after busy 2018

Recurring net profit for Spanish REIT/SOCIMI Colonial surged 22% to €101m in 2018 and its portfolio revalued by the same amount to €11.35bn after a (...)

Listed 18/02/2019

Paris office REIT SFL reports 4.1% EPRA earnings rise to record €107m

Société Foncière Lyonnaise, the Paris office REIT 82% held by Spain's Colonial, reported a 4.1% rise in EPRA earnings to a record €106.7m in 2018, and portfolio value (...)

Office 12/11/2018

Spain’s Colonial looks forward to organic growth after busy 2018

Spanish office REIT/SOCIMI Colonial, after a takeover and a readjustment of capital this year, is looking ahead to delivering organic growth with a rise (...)

Listed 19/10/2018

French SFL stake increase helps Colonial to first BBB+ S&P rating

Spain's Colonial has become the first Spanish REIT to obtain a BBB+ credit rating from US agency S&P after taking 81% of France's Société (...)

Listed 16/10/2018

Spain's Colonial acquires Qatar stake in French SFL to raise holding to 81%

Spanish REIT Colonial is raising its stake in France's Société Foncière Lyonnaise by 22pts to 81% by buying Qatar Investment Authority's entire holdings in (...)

Listed 11/10/2018

Spanish Árima starts IPO as Madrid office REIT aiming at 15%

Spanish REIT/SOCIMI Árima, created by former executives of Axiare Patrimonio, has launched its IPO at €300m, saying it aims to be a Madrid office pure-play targeting (...)

Retail 21/09/2018

Paris' €600m Eurostar terminus facelift to put it on par with St. Pancras

Eurostar users take note! After a €600m facelift, the Gare du Nord terminal in central Paris will be the equal of London's St. Pancras, according (...)

Listed 30/07/2018

Spain's Colonial grows 1H net 12%; Axiare merger ups AUM to €11bn

Spain's largest listed office owner, REIT/SOCIMI Colonial, raised first half recurring net profit 12%yy to €41m and said the consolidation of just-acquired Axiare expanded gross AUM 29% (...)

Listed 27/07/2018

Paris office REIT SFL posts 4% 1H rise in EPRA earnings to €52m

Paris office REIT/SIIC Société Foncière Lyonnaise, an affiliate of Spain's Colonial, reported a 4.1%yy first half rise in EPRA earnings to €51.7m, though lower (...)

Finance 20/06/2018

Time for real estate to embrace digital tech - MIPIM PropTech Europe

Live from MIPIM PropTech Europe (Paris) - New research released on the opening day of MIPIM PropTech Europe in Paris suggests that while new technologies are transforming (...)

Listed 23/04/2018

Spain's Colonial raises €650m after Axiare merger creates €11bn SOCIMI

Spain's Colonial becomes the nation's largest REIT/SOCIMI with 11bn AUM after it agreed a merger with peer Axiare following a takeover accepted by 87% of Axiare shareholders. Colonial (...)

Finance 26/03/2018

Spanish SOCIMI success story set to go further - EPRA/Iberian Property conf.

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 (...)

Finance 12/02/2018

French REIT SFL, controlled by Spain's Colonial, boosts 2017 net by 36%

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 - (...)

Finance 05/02/2018

Spanish REIT Colonial's takeover bid for peer Axiare declared successful

As expected after the board of Spanish REIT/SOCIMI Axiare approved a takeover offer by peer Colonial, a majority of its shareholders accepted by the (...)