Business Immo, the real estate website

Listed

Listed 12/04/2021

Are SIICs inoculated against Covid-19? - iread

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 (...)

Listed 07/04/2021

Unibail-Rodamco-Westfield: Xavier Niel crosses the 15% threshold

Xavier Niel is continuing his rise in the capital of the listed property company Unibail-Rodamco-Westfield (URW). The founder and chairman of Iliad has declared (...)

Listed 19/03/2021

Galimmo's gross rental income down 21% in 2020

After taking into account the -€9.9m impact of tenant support measures, the Galimmo Real Estate's 2020 gross rental income amounted to €60.3m compared with €72.9m (...)

Listed 18/03/2021

Health crisis weighs on market values, but real estate retains strong returns - Views+s

Real estate is weathering the crisis. According to a study carried out by Views+s based on an analysis of the French assets of 23 (...)

Listed 12/03/2021

Hammerson's portfolio value and net rental income fall after a challenging 2020

UK retail REIT/SIIC Hammerson has seen its net rental income fall 41% in 2020 to £158m (€184.5m), while its portfolio is now valued at (...)

Listed 10/03/2021

Frey’s operating income up 46% in 2020

Frey's current operating income rose sharply to €42.4m in 2020 (+46%), compared with €29m in 2019, thanks to the increase in sales and good (...)

Listed 26/02/2021

Nexity relies on its service platform and international expansion in 2021

Results better than projections: for the financial year 2020 marked by the health crisis, the Nexity group's sales rose by 8% to €4.86bn. "This (...)

Listed 26/02/2021

French REIT/SIIC and developer Altarea announces a recurring net profit down 21% in 2020

"Altarea has managed to absorb the shock of the health crisis". This is how Alain Taravella, founding chairman, sums up the 2020 financial year (...)

Listed 22/02/2021

Icade annonces net current cash flow down 7.9% in 2020

In 2020, Icade's Adjusted EPRA earnings from Property Investment amounted to €351m, down 2.2% (-2.1% per share), of which €214.3m for the office sector (...)

Listed 19/02/2021

After a year of resilience, Gecina enters a year of transition

"The resilience of our model and the centrality of our portfolio have enabled us to cope with the shock of the health crisis. "This is how (...)

Listed 19/02/2021

Paris-based office REIT/SIIC Cegereal unveils a new identity, Vitura

With a year 2020 more than satisfactory in view of the pitfalls that the Covid-19 pandemic has placed in the path of tertiary property (...)

Listed 18/02/2021

Diversification, Covivio's key asset to get through the crisis

Covivio's top management can keep its spirits up: despite a gruelling health and economic context, the real estate company has signed an assessment that (...)

Listed 18/02/2021

Klépierre's net current cash flow down -27.4 % in 2020

In 2020, most of Klépierre’s activities were impacted by the pandemic and accompanying restrictions imposed across Europe, which led to a virtual standstill at (...)

Listed 18/02/2021

Carmila's recurring net profit falls 24.7% in 2020

In Carmila’s three countries (France, Spain and Italy), business momentum was brisk in the first quarter of 2020, before being adversely impacted by the (...)

Listed 12/02/2021

Delayed by the pandemic, Wereldhave’s exit from France still on the agenda

2020 was going to be a year of transformation for Dutch retail REIT/SIIC Wereldhave, with the implementation of its new LifeCentral strategy and an (...)

Listed 11/02/2021

Debt, disposals, suspended dividend...: how URW will cope with the crisis

Exhausting: this is the most appropriate adjective to sum up the year 2020 at Unibail-Rodamco-Westfield (URW). In addition to the health crisis that is (...)

Listed 02/02/2021

Frey becomes France's first "mission-driven" REIT/SIIC

On the heels of a new CSR strategy presented last summer, in which the property company intends to achieve carbon neutrality by 2030, retail (...)

Listed 21/01/2021

In the midst of the health crisis, French REIT Argan's results are up sharply

Despite the health crisis, Argan, the real estate company dedicated to logistics real estate, recorded rental income of €142.4m in 2020, a sharp 42% (...)

Listed 12/01/2021

Icade successfully issues €600m bond

French REIT/SIIC Icade has today successfully issued a 10-year €600m bond with an annual coupon of 0.625%. This represents a historically low cost of (...)

Listed 08/01/2021

URW: Jean-Marie Tritant unveils a new organisation

Jean-Marie Tritant has just taken over as CEO of Unibail-Rodamco-Westfield, but he is already making his mark by reorganising the management of the listed property (...)