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European news

Finance 23/02/2024

"Despite a challenging market, Patrizia stayed close to its convictions in 2023"

BiTV Interview welcomes Philipp Schaper. CEO European Real Estate at Patrizia. Despite a very challenging investment environment, the German investment manager closed over €3.5bn of real (...)

Hospitality 22/02/2024

Why Covivio is increasing its stake in its hotel subsidiary

By the end of April, Covivio will hold 52.2% of the capital of its subsidiary Covivio Hotels following the acquisition of the 8.3% held (...)

Office 22/02/2024

Hermitage Plaza: the saga may not be over yet

The saga has been going on for more than a decade, and it may not yet have seen its final twists and turns. According (...)

Finance 22/02/2024

Transactions to pick up again in 2024, according to Cushman & Wakefield, which reduced its costs in 2023

At Cushman & Wakefield in 2023, revenues from rental markets, which increased in Q4 globally, partially offset a sharp decline in sales and capital (...)

Career 22/02/2024

Neinver appoints head of leasing for France, Germany and the Netherlands

Neinver has appointed Isabel Coloigner as Leasing Manager for France, Germany and the Netherlands. In her new role, she will work under the supervision (...)

Logistics 22/02/2024

Deka Immobilien confirms the acquisition of an XXL French warehouse for €160m

The sale and leaseback deal announced in May 2022 made headlines. Twenty months later, while Gemfi, the Gicram group's development company, was building the 141,000 (...)

Listed 22/02/2024

Covivio to take over Generali's 8.3% stake in Covivio Hotels

Covivio has signed an agreement to acquire Generali's 8.3% stake in Covivio Hotels in exchange for new Covivio shares. This transaction represents the equivalent (...)

Finance 22/02/2024

"It is important to stress that Primonial REIM France posted satisfactory results in 2023"

Business Immo: The discourse surrounding property management companies, and SCPIs in particular, has been particularly negative over the past year, which has been marked (...)

Finance 22/02/2024

AXA IM Alts favoured private debt & alternative credit in 2023

Paris-based global investment manager AXA IM Alts, whose playground includes real estate, infrastructure, alternative credit and natural capital & impact investments expertise recorded €4bn (...)

Career 21/02/2024

Marine Charles, new Managing Director of B&B Hotels France

Previously Managing Director of Saint Gobain Weber France, Marine Charles was appointed Managing Director of B&B Hotels France on 8 January. A graduate of Sciences (...)

Career 21/02/2024

Frédéric Auguste leaves Gecina to join CBRE France

According to our information, Frédéric Auguste has joined CBRE France after more than nine years with Gecina. Appointed head of the Asset Advisory department, (...)

Finance 21/02/2024

"Consolidation and agility: the guiding principles of Perial's new strategic plan"

The life of an asset management company is punctuated by PPOs. At 34 rue Guersant (17th arrondissement, Paris), where Perial has become a regular (...)

Retail 21/02/2024

Cœur d'Europe SCPI fund makes first two acquisitions in Portugal

The Cœur d'Europe SCPI, managed by Sogenial Immobilier, has made its first two acquisitions in Portugal, representing a total surface area of 15,000 sqm. In (...)

Listed 19/02/2024

"We are preparing for the end of the crisis"

Business Immo : What conclusions would you draw from the annual results for 2023 presented last Thursday ? Christophe Kullmann : Overall, 2023 was (...)

Hospitality 19/02/2024

A moderate start to the year for the French hotel industry (Extendam)

After several months of successive increases in RevPAR to end 2023, "the hotel markets have had a moderate start to the year", says Vianney (...)

Listed 19/02/2024

Buoyed by its rental income, SFL has limited the damage in 2023

Despite a host of encouraging operating indicators, SFL saw the value of its property assets fall by 10.5% on a like-for-like basis over the (...)

Finance 19/02/2024

Falling unit prices and few transactions for Primonial REIM France's SCPIs in Q4 2023

Primonial REIM France recently unveiled the highlights of its SCPIs in recent months. The management company cut the unit prices of two of its (...)

Listed 19/02/2024

Icade reshapes its roadmap to prepare for the city of 2050

Diversification and diversity are the key words of the strategic plan presented on Monday 19 February by Nicolas Joly, Icade's CEO, on the fringes (...)

Logistics 15/02/2024

With ZNA, French logistics investors facing scarce supply... and value creation opportunities

In its summary guide dated 27 November last year, France's Ministry of Ecological Transition and Territorial Cohesion defended its goal of zero net artificialisation (ZNA) (...)

Listed 15/02/2024

Klépierre's "strong growth trajectory" continued in 2023

After "revenge tourism" in 2022, should we talk about "retail return"? That's what emerges from the 2023 figures published by Klépierre, which has now (...)