Business Immo, the real estate website

WeWork

Career 17/05/2023

WeWork CEO Sandeep Mathrani to leave for private equity firm Sycamore Partners

Global flexible workspace provider WeWork’s Chief Executive Sandeep Mathrani is leaving for private equity firm Sycamore Partners at a time when the money-losing company, (...)

Listed 12/05/2022

WeWork exceeds Q1 2022 revenue guidance by $5m

WeWork, the global flexible space company, today reported its Q1 2022 results. The company exceeded its original revenue guidance of $740m to $760m by $5m, (...)

Office 09/05/2022

BNP Paribas REIM sells prime office asset in Milan

BNP Paribas Real Estate Investment Management Italy SGR has recently completed the sale process of a prime office asset located in Milan's CBD Duomo (...)

Office 09/02/2022

WeWork and Upflex sign strategic partnership for 5,500 sites

Coworking specialist WeWork has signed a strategic partnership with Upflex, an aggregator of coworking spaces and a global start-up specialising in flexible working spaces. (...)

Office 16/09/2021

WeWork launches Growth Campus Europe to support the start-up ecosystem

WeWork has launched Growth Campus Europe, an initiative to stimulate economic recovery in nine European countries: France, Spain, Germany, Belgium, the Netherlands, Poland, Sweden, (...)

Finance 21/04/2021

WeWork to accept crypto currency payments

WeWork has just taken a step forward in terms of crypto currency. In partnership with BitPay and Coinbase, the shared office giant will now (...)

Office 11/12/2019

[REPORTAGE] What is it that makes investors run to La Défense?

Often considered too cold, too mineral or even too mono-functional, La Défense is the object of all desires. Investors - led by South Koreans (...)

Office 20/11/2019

"Right now we have masses of money targeted towards London"

Huge amounts of investment capital are targeting London city real estate, and the slowdown in development resulting from Brexit worries will worsen the shortage (...)

Finance 11/09/2019

Meka Brunel: Guiding France's Gecina in a world of real estate undergoing huge transformation

Of course, the half-yearly results of French Gecina are good, very good, says CEO Meka Brunel; this, in a world of real estate going through a singular (...)

Office 05/09/2019

Madrid 1H office take-up jumps 25%yy to highest in 12 years

Take-up in Madrid’s office market reached 355,800 sqm in first half 2019, the highest recorded in 12 years and up 24.6% from 1H18, according (...)

Listed 26/08/2019

alstria focuses on refurb, sales as German office values rise faster than rents

With German office values rising faster than rents and investors chasing yield amid low rates, Hamburg's alstria is focusing on refurbishment and non-core sales, (...)

Office 24/06/2019

Korea's Mirae said selling Frankfurt office after two years for €120m gain

Mirae, one of the Korean investors recently assembling large European portfolios, is selling a Frankfurt office building after two years at a profit said (...)

Finance 29/04/2019

Multi-let assets are future of institutional real estate investment - PwC

European commercial real estate is shifting away from single-tenant and toward multi-tenant occupancy, and many investors have not yet taken this on board, says (...)

Office 20/12/2018

Swiss Life, Germany's Universal pay reported €390m for Munich office complex

Swiss Life Asset Managers and Germany's Universal-Investment have, in a deal reported to be worth €390m, acquired the Oskar office complex in Munich on behalf (...)

Office 29/11/2018

Munich's GLL pays Echo €76.5m for Warsaw Gatehouse project

Munich-based GLL Real Estate Partners, part of Australia's Macquarie group, is paying €76.5m to acquire the Gatehouse Offices building in Warsaw, part of a mixed-use (...)

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 (...)

Office 07/09/2018

Co-working here to stay but unlikely to dominate office lettings - EPRA

Co-working space offered by firms such as WeWork should be included in office investor strategies and while it is unlikely to dominate letting demand it serves (...)

Retail 02/11/2017

Austrian Signa confirms bid for Germany’s Kaufhof from Canadian Hudson’s Bay

The private Vienna-based Signa group confirmed it has submitted a bid to Canadian retailer Hudson’s Bay Co. to acquire German department store chain Karstadt. (...)

Office 01/11/2017

Data availability, shift toward real estate as a service seen upcoming trends

The growing availability of data on all aspects of real estate, combined with the tech-enabled shift toward viewing it as a service rather than (...)