Business Immo, the real estate website

European news

Listed 19/10/2020

Covivio's revenues maintain their downward trend in Q3 2020

In Offices, growth is driven by assets in Paris (+2.5%) and major regional cities (+5.5%). In Milan, rents increased by 1.4% on a like-for-like (...)

Logistics 19/10/2020

European logistics continue to attract capital - RCA

Amid the numerous uncertainties caused by the Covid-19 crisis, the European logistics sector continues to attract a high level of capital, the latest data (...)

Office 19/10/2020

Wojo aims to answer the companies’ new flexibility needs

The current health and economic crisis have taken companies by surprise, disrupting work habits. With the forced home office and the unpredictable future, the (...)

Listed 16/10/2020

Former URW CEO Guillaume Poitrinal supports the Bressler/Niel's "Refocus" plan

"Bravo to Léon Bressler and Xavier Niel (...). "In one tweet, Guillaume Poitrinal - former head of the real estate company listed on the (...)

Finance 16/10/2020

"Covid-19 and the European Green Deal are accelerating the need for PropTech solutions"

BiTV Interview welcomes Dirk Paelinck, the founder and CEO of Interoffices and Workero as well as the Chairman of the European PropTech Association. With him, (...)

Listed 16/10/2020

"Léon Bressler's 'Refocus' plan is heading in the right direction"

Business Immo: Léon Bressler and Xavier Niel strongly criticised the Reset plan announced by Unibail-Rodamco-Westfield. What is your reading of the situation? Benoît Faure-Jarrosson: The (...)

Health / Senior 16/10/2020

Primonial buys three clinics for its ESI pan-European fund via sale & leaseback

Primonial Luxembourg Real Estate expanded its pan-European real estate fund European Social Infrastructure (ESI) with the acquisition of three MCO clinics (medicine, surgery, obstetrics) in France as (...)

Listed 16/10/2020

URW Supervisory Board reiterates support for the RESET recovery plan

Having received from a consortium of investors representing 4.1% of the share capital of the Group, the Supervisory Board of Unibail-Rodamco-Westfield (URW) convened yesterday (...)

Green 15/10/2020

Perial launches its ESG programme: Perial Positive 2030

In a global context crystallised around major environmental and social issues, the Perial group has just launched its Perial Positive 2030 ESG programme, which (...)

Listed 15/10/2020

Bressler/Niel's battle plan to turn around Unibail-Rodamco-Westfield

Léon Bressler, ex-CEO at the time when Unibail-Rodamco-Westfield was still just Unibail, assisted by Xavier Niel, who is founder of Iliad and serial shareholder, both (...)

Office 15/10/2020

Sofidy buys Paris 15th's 94 avenue de Suffren for €44.3m

French manager Sofidy, on behalf of one of its real estate funds, has acquired the 4,420 sqm office building at 94 avenue de Suffren, (...)

Office 15/10/2020

WeWork welcomes Groupon in its new La Défense offices

WeWork, the global platform for flexible workspaces, has just welcomed Groupon, the global e-commerce platform, at 30 Terrasse de Bellini, in La Défense. With (...)

Listed 15/10/2020

URW: investors led by Unibail founder Léon Bressler oppose the group's Reset strategy

A consortium of leading real estate and technology investors, holding a combined 4.1% stake in Unibail-Rodamco-Westfield, is calling for opposition to the €3.5bn rights (...)

Hospitality 15/10/2020

France’s hospitality fundamentals deteriorate in October - Extendam

The hoteliers who were apprehensive about the end of the holidays and a complicated start to the new year were right. According to the (...)

Office 15/10/2020

IDF office market faces the second wave - Knight Frank

Despite the upturn in economic activity and the relatively strong return of employees to their place of work, the office market in the Île-de-France (...)

Retail 15/10/2020

French specialized retail turnover slightly up in September - Procos

According to Procos, specialized retail activity in September 2020 was very slightly positive with an average of +0.6%. The brands' web sites continue to (...)

Listed 15/10/2020

"Listed retail REITs will overcome the crisis".

Business Immo: The retail sector is said to be in agony, is this how you describe listed retail properties today?   Dominique Moerenhout: The situation of (...)

Career 14/10/2020

Principal Real Estate Europe makes two senior hires in France

Principal Real Estate Europe, the European arm of Principal Real Estate Investors, has announced the appointment of Marlène Gaszynski as Head of Operations and Cécile (...)

Housing 14/10/2020

"The Babel Community’s objective is to spread its concept across every major French cities"

Business Immo: How was the partnership between The Babel Community and the Banque des Territoires born? Benoît Jobert: This partnership was born out of an (...)

Retail 14/10/2020

Redevco completes the marketing of Lille's Le 31 mixed-use operation

Dutch real estate investment company Redevco has announced that its mixed-use operation Le 31, developed rue de Béthune in the historic center of Lille, France, (...)