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Retail 30/07/2018

"Carmila has the financial strength to be opportunistic"

French mall REIT Carmila, an affiliate of giant hypermarket chain Carrefour, raised EPRA earnings 12.2% to €104.1m in the first half. Its CEO Jacques Ehrmann (...)

Office 26/07/2018

"Sofidy went in search of fast growth in the Netherlands and consolidated growth in Germany"

Business Immo: What volume of real-estate assets is managed by Sofidy outside of France? Olivier Loussouarn : Out of the €4.5bn managed by SCPI Immorente (...)

Listed 20/07/2018

After 1H rebranding, €1.7bn acquisitions, Covivio still has strong ambitions - Kullmann

French REIT/SIIC Covivio has had an eventful 2018 thus far, assuming a new identity and making a major move into the British hotel sector. Long-time CEO (...)

Office 28/06/2018

“We aim to invest significantly in France over the next five years"

BI : You recently bought Le Magnum in Levallois-Perret in Paris from Deka. What attracted you to this building and why did you acquire it? Keith (...)

Housing 26/06/2018

"We are targeting €1bn turnover in 2020"

Business Immo : What are your key figures respectively? Philippe Plaza: Eiffage Immobilier finished the year 2017 with a volume of 4,750 homes sold and a turnover (...)

Housing 25/06/2018

"Our ambition is to set in motion an entire sector"

Business Immo: With the Elan law, you take account of the failure of French housing policy for over decades. However you seem to be (...)

Finance 20/06/2018

"We have replayed the transaction of the In/Out building with blockchain ..."

Business Immo: Can you introduce Olarchy? Michael Sigda, Cyrille Berthet and Antoine Yeretzian: Olarchy is a platform created by us three in 2018 that will allow real estate (...)

Hospitality 13/06/2018

Jinjiang's Louvre Hotels in CEE focuses on Warsaw, Belt & Road cities

Paris-based Louvre Hotels, owned since 2015 by China's Jinjiang group, should soon double its Poland assets to 40, says a top executive. Its eastern Europe (...)

Office 06/06/2018

Swiss Life AM, surging to €70bn in real estate, is far from finished yet

In just a few years, Swiss Life Asset Managers, part of the giant Zurich-based insurer, has surged to become a major player in European real (...)

Housing 01/06/2018

Dutch Kempen Capital aims at alternative real estate opportunities

Business Immo : What is the weight of alternative classes in your real estate holdings? Matthijs Storm : Kempen holds around €2.5bn in real estate assets worldwide. The portion (...)

Office 01/06/2018

French Primonial aims at €20bn AUM, halving office exposure - Frapet

The new head of France’s Primonial REIM, one of the country’s biggest private property investment managers, says he aims to grow assets to €20bn in (...)

Listed 29/05/2018

French Foncière des Régions renames as Covivio to reflect European reach

One of France's largest REIT/SIICs, Foncière des Régions managing €21bn in office, residential and hotel property, is changing its name to Covivio to reflect its truly (...)

Housing 29/05/2018

Germany targets 1.5m new urban homes with €6bn housing offensive

Germany is to embark on a four-year housing offensive targeting 1.5m new homes and will earmark €6bn from the federal budget for measures that (...)

Office 29/05/2018

Grosvenor shifts French strategy from retail towards office renovations

Grosvenor Europe, part of London's privately-held Grosvenor real estate giant, has shifted its French strategy towards Paris office renovations and reduced its emphasis on retail property, (...)

Finance 24/05/2018

Healthy Nordic real estate cycle to continue for some years - Pangea's Bjolgerud

The Nordic regional real estate cycle is in healthy condition and is likely to continue for some years yet, Bård Bjølgerud, CEO of adviser Pangea Property (...)

Housing 23/05/2018

New Paris residential price index planned as basis for derivative products

Business Immo : Why did you create a Parisian residential real estate index? Michael Benhamou : Real estate attracts many investors, yet it is one of (...)

Office 23/05/2018

French REIT Inea targets €1bn in green office assets by 2021

French REIT Foncière Inea aims to grow assets to €1bn by end 2021 from under €700m now, focusing especially on sustainable 'green' office space in the (...)

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 number of (...)

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 (...)