Business Immo, the real estate website

On record

Retail 17/05/2018

BMO’s Kelley - high prices making French high street investments difficult

Real estate fund BMO, a unit of Canada's Bank of Montreal, aims to signifcantly expand its city centre retail assets in France but is having difficulties (...)

Listed 16/05/2018

Spain's Colonial to grow rental income to €500m with Axiare - CEO

Spanish REIT/SOCIMI Colonial should be able to boost annual rental income by €200m to €500m after the inclusion of newly acquired peer Axiare, plus a (...)

Retail 09/05/2018

Apple lease, 20yr plan key to €600m price-tag for Champs Elysees - Hines France MD

Business Immo: Why did you buy the 114 Champs-Élysées for almost €110 000 per sqm? Xavier Musseau: This transaction is atypical both in terms of (...)

Housing 08/05/2018

Spanish housing recovery should last up to six more years - Tinsa CEO

Spanish housing, recovering from a collapse in 2013, should have another half-dozen years of growth in both construction and prices, says the head of (...)

Finance 04/05/2018

Germany's TLG on track to double portfolio in office, retail – co-CEOs

TLG Immobilien, the Berlin-based listed group, is on track to double its portfolio, focusing on office and specialised retail property, say co-CEOs Peter Finkbeiner and Niclas Karoff. (...)

Housing 03/05/2018

Sweden, Netherlands, France, Spain in frame outside Germany - Vonovia CFO

German housing giant Vonovia is looking in detail at four countries outside Germany to grow its residential portfolio: Sweden, The Netherlands, France and Spain, CFO Stefan Kirsten told (...)

Green 26/04/2018

Surging populations, cities, digitalisation sparked WBEF - RICS' Tompkins

RICS' World Built Environment Forum was born from a realisation that many professions needed to come together to provide solutions to surging populations and (...)

Green 23/04/2018

As cities become more dense they must become more electric - Tesla's Straubel

As cities become more dense they must also become more electric, drawing on distributive power generated mainly by solar across residential and industrial locations, (...)

Finance 19/04/2018

INREV eyes fund returns' index; EU regulatory background remains dynamic

INREV, the European non-listed real estate association, is scaling up its index family to include an IRR returns measure, says new CEO Lonneke Löwik. (...)

Finance 17/04/2018

Global RE near end of cycle: Europe furthest away, China past it - Heise

While the global real estate economy is near the end of the cycle, Europe is furthest away and China already past it, Allianz Chief (...)

Finance 12/04/2018

Rise of China, America's reaction is biggest geo-political risk - Fischer

The most dangerous geo-political risk facing the world is the rise of China and America's reaction to it, former German Foreign Minister and Vice-Chancellor (...)

Office 10/04/2018

BayernLB's Real I.S., with €1.5bn equity to invest, sees no disruptive rate rise

Real I.S., the real estate closed fund manager of Munich's BayernLB group, remains in cautious buying mode in Europe, with €1.5bn in equity to invest, (...)

Office 04/04/2018

JLL widens into listed RE capital advisory, also stressing S.African needs

Global property advisor JLL is extending its corporate finance advisory into the listed sector in Europe, placing some emphasis on advising South African firms interested in (...)

Office 03/04/2018

Italian office refurb, French PRS offer new opportunities - BNPP REIM's Knoflach

Italian office refurbishment and French rental housing development are emerging as two real estate opportunities in Europe, says Barbara Knoflach, Global head of Investment Management (...)

Health / Senior 27/03/2018

Northern Horizon to ride Nordics' ageing mega-trend further - Schoenach

The European mega-trend of ageing populations has not yet been well understood, says Michael Schoenach, MD of Nordics-based Northern Horizon. Having just sold a healthcare fund (...)

Housing 23/03/2018

Spain's Testa, with 11,000 resi units, to IPO before summer - Merlin's Clemente

Spanish REIT/SOCIMI Merlin Properties intends to float housing affiliate Testa Residencial on the stock market before summer to become the nation's first listed residential investor, CEO Ismael Clemente says. Its (...)

Housing 20/03/2018

French housing reforms to free up to €35bn in private rental units - Rigny

In a wide-ranging interview with Business Immo Europe at Mipim, Rigny explained the opportunity opened by changes in regulations introduced by President Emmanuel Macron. While these aim mainly at reforming (...)

Finance 19/03/2018

Klitschko: "Every investor in Kyiv gets my personal cellphone number"

Despite false impressions given by television reports, security in Ukrainian capital Kyiv is good and improving, says Vitaliy Klitschko, former world heavyweight boxing champion (...)

Office 08/03/2018

"We are coming to France to develop and operate a new generation of buildings"

Business Immo : What does OVG Real Estate represent and what is its track record? Coen van Oostrom : Launched in 1997, OVG Real Estate is the No. (...)

Finance 07/03/2018

Deal speed, returns helped win China's CITIC unit CLSA - Avignon's Flaton

Speed of execution, ability to close core-plus and value-added deals, good returns were the keys for Avignon Capital to win China's CITIC Securities unit CLSA as a client for its (...)