Business Immo, the real estate website


Retail 14/04/2021

Retail attractivity: it's not the size that counts!

At the time of the launch of its fund in 2017, F&A Asset Management produced a study on the best cities to invest in (...)

Retail 13/04/2021

French specialised retail activity down 27.8% in March 2021 - Procos

In its latest report on specialised retail activity, Procos, a federation representing 300 retailers, has compared activity in March 2021 and 2019. It considers that (...)

Retail 12/04/2021

Vastned turns to a mixed-use strategy

Present in the major cities of four countries — the Netherlands, France, Spain and Belgium —, the Vastned group has a European portfolio of (...)

Retail 09/04/2021

How have Parisian shops evolved between 2017 and 2020?

Every three years, the City of Paris, the Paris Chamber of Commerce and Industry and the Apur carry out a study on the evolution (...)

Retail 08/04/2021

W. P. Carey invests €102m in a French hypermarket portfolio

W. P. Carey, a New York-based net lease REIT, has announced a $119m (€102m) sale-leaseback of three hypermarket properties located in Southern and Central (...)

Retail 08/04/2021

French CRE investments down 39% in Q1 2021 - Immostat

The investment volume in French commercial real estate over Q1 2021 reached €4.6bn, according to Immostat, down 39% compared to Q1 2020. In the (...)

Retail 06/04/2021

In France as in Europe, Oxford Properties sees double

Following the departure of its Executive Vice President Europe and Asia Pacific Paul Brundage, who has joined its parent company Omers, Oxford Properties has (...)

Retail 01/04/2021

Milan : Covivio, Coima and Prada choose OUTCOMIST's "Porta Romana" masterplan project

Coima SGR, Covivio and Prada Holding S.p.A, winning partners of the public tender for the acquisition of Porta Romana railway yard in Milan, have (...)

Retail 01/04/2021

With the closure of all shopping centres in France, the CNCC fears "a distortion of competition"

The National Council of Shopping Centres (CNCC) notes the government's decision to close all shopping centres nationwide for one month, bringing the total to (...)

Retail 01/04/2021

European Grocery Real Estate Market to attract €6.7bn of investment in 2020 — JLL/Union Investment

According to The European Grocery Real Estate Market, a recent study conducted by JLL and Union Investment, the European grocery real estate market has (...)

Retail 30/03/2021

French CRE investment continued to perform well in 2020 despite the crisis - MSCI

The MSCI France Annual Property Index posted an overall performance of 3.2% at the end of December 2020, down sharply from the 8.4% recorded (...)

Retail 24/03/2021

"There is still room for the emergence of European Proptechs"

Business Immo: What does LBO France's NewStone fund, dedicated exclusively to Proptechs, consist of? Stéphanie Casciola: The NewStone fund should enable us to support, through (...)

Retail 23/03/2021

86 of Carmila's shopping centres are impacted by Covid-19 restrictions

The new administrative decisions taken in the fight against Covid-19 lead to closures or restrictions on shopping in the three countries where Carmila is (...)

Retail 19/03/2021

Galimmo's gross rental income down 21% in 2020

After taking into account the -€9.9m impact of tenant support measures, the Galimmo Real Estate's 2020 gross rental income amounted to €60.3m compared with €72.9m (...)

Retail 15/03/2021

Hammerson continues to dispose of assets in France

With or without the health crisis, Hammerson is continuing its programme of disposals of French shopping centres deemed non-strategic. On the announcement of its (...)

Retail 15/03/2021

Redevco France opens Lille's “Le 31” shopping centre to the public

European retail and residential real estate investment management company Redevco has announced the first public openings of “Le 31” in Lille. This 25,000 sqm (...)

Retail 12/03/2021

Hammerson's portfolio value and net rental income fall after a challenging 2020

UK retail REIT/SIIC Hammerson has seen its net rental income fall 41% in 2020 to £158m (€184.5m), while its portfolio is now valued at (...)

Retail 10/03/2021

Frey’s operating income up 46% in 2020

Frey's current operating income rose sharply to €42.4m in 2020 (+46%), compared with €29m in 2019, thanks to the increase in sales and good (...)

Retail 09/03/2021

With a new top management, Patrizia France is set to accelerate its development

Following the departure in January of Lionel Nicolas, Geoffroy Cerez has become Chairman of Patrizia France, a role he will combine with his current (...)

Retail 09/03/2021

French Ministry of Economy is working on taking over the rents for closed shops

The Ministry of the Economy is considering the takeover of the rents for closed shops, following the administrative decision to fight the Covid-19 pandemic. (...)