Business Immo, the real estate website


Retail 10/07/2020

"In France, we want to remain active across all asset classes"

Business Immo: You become Head of Investments in a particularly troubled climate for real estate investors. How does the current period influence your investment (...)

Retail 10/07/2020

As appetite for logistics grows, industrial and retail yields are converging - Savills

Industrial may have been historically the highest yielding sector of the three established commercial real estate sectors, but because investor demand for logistics has (...)

Retail 09/07/2020

"I want to connect my term to the major underlying trends driving the real estate industry."

Business Immo: You have been active within ULI France for several years. Why this involvement? Sébastien Chemouny: I have been working for Allianz for ten (...)

Retail 09/07/2020

WiredScore launches international think tank on smart buildings

WiredScore is bringing together leading landlords and tenants from around the world to form the WiredScore Smart Council, a global think tank dedicated to (...)

Retail 07/07/2020

Paris Gare du Nord renovation project gets building permit

The Prefect of Ile-de-France, Michel Cadot, issued a building permit for the renovation of Paris’ Gare du Nord train station. This order follows the (...)

Retail 06/07/2020

France's CRE investment market suffers the effects of Covid-19 in 1H20 (Knight Frank)

For the first half of 2020 as a whole, the volumes invested in France totalled €11bn, reports Knight Frank. Although down 15% year-on-year, they (...)

Retail 06/07/2020

Patrizia closes TEP VII pan-European fund at €750m

Patrizia has announced the final close of its flagship discretionary value-added fund, TransEuropean VII LP (TEP VII). The vehicle has reached its equity hard (...)

Retail 02/07/2020

To house its second downtown Paris store, Ikea will pay €130m for 144 rue de Rivoli

Despite the current retail environment, IKEA clearly has no intention of revising its ambitions to set up operations in the heart of Paris. Not (...)

Retail 02/07/2020

2019, an excellent year for France's portfolio market - Arthur Loyd

The year 2019 will go down in the annals of the real estate portfolio sales market! According to the latest Arthur Loyd data, €8.3bn (...)

Retail 01/07/2020

“There are important economic reasons to adopt an environmentally conscious approach to investing”

Over the last 10 years, Norges Bank Investment Management, the investment manager of Norway's giant Pension Fund Global, has built an unlisted real estate (...)

Retail 01/07/2020

France registered a record €3.2bn in sale-and-leaseback transactions in 2019 - JLL

In France, the volume of real estate disposals by businesses and owner-occupiers, also known as sale-and-leaseback transactions, reached a record €3.2bn in 2019, according (...)

Retail 30/06/2020

Emmanuel Macron in favour of a moratorium on new commercial zones on the outskirts of cities

In the aftermath of the green wave in the municipal elections, French President Emmanuel Macron received the 150 members of the Citizen's Climate Convention (...)

Retail 29/06/2020

French government plans to create property companies to buy back downtown retail premises (press)

The French government is considering creating property companies to buy back retail premises and make them available at attractive rents, reports the newspaper Les (...)

Retail 29/06/2020

Paris’ RIVP launches a support plan for more than 2,000 retailers

French public housing agency Régie Immobilière de la Ville de Paris (RIVP) has announced, in conjunction with the City of Paris, the implementation of (...)

Retail 26/06/2020

"Our centres give us important responsibilities in terms of responsible consumption"

Recently awarded a "B" rating by ISS (Institutional Shareholder Services) for its environmental, social and governance (ESG) practices, Giant Paris-based REIT/SIIC Unibail-Rodamco-Westfield continues to (...)

Retail 25/06/2020

France’s Acsan and Regional Partner merge to form Ancoris

French real estate operator Axtom today announced the acquisition of Regional Partner, a company working in the promotion of territories and business prospecting, and (...)

Retail 25/06/2020

Mipim Startup Competition 2020: and the winners are...

The final of the Mipim Startup Competition 2020 was held today as part of a digital event. Spanish start-up Mayordomo, whose Smart Points connect (...)

Retail 24/06/2020

France's CFC to acquire multiple assets near Paris’ Place Vendôme

France’s Compagnie financière de Choiseul (CFC) continues its shopping in Paris CBD. According to BI sources, the group chaired by Éric Elkain is going (...)

Retail 24/06/2020

Aiming for carbon neutrality, Frey will invest €35m in the French timber industry

French retail REIT/SIIC Frey presented yesterday a new CSR strategy, which should enable it to achieve greenhouse gas emission neutrality by 2030. To this (...)

Retail 24/06/2020

With lockdowns easing, investments should resume in 2H20 - Savills

As the world is starting to get out of lockdown and a majority of countries are loosening restrictions, occupier demand has been the first (...)