Business Immo, the real estate website

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Office 17/02/2020

“With the acquisition of Godewin, Germany becomes our 3rd office exposure”

Covivio has just completed a €1.2bn takeover bid for Godewin, a German listed real estate company specialising in office property. A strategic investment that (...)

Territories 14/02/2020

"The French dream of themselves as inhabitants of urban villages."

At a time when urbanism is at the heart of the debate surrounding France’s municipal elections, private developer Novaxia commissioned polling and market research (...)

Retail 11/02/2020

"Large retail projects suffer from a political governance problem"

Since 2018, shopkeepers have been suffering from France’s social context (yellow jackets, strike against pension reform). Procos, a federation representating 300 retailers, draws up (...)

Office 10/02/2020

“Why Paris core assets are not overvalued”

Review of the commercial real estate investment market in 2019, outlook for 2020, evolution of prime yields... Olivier Ambrosiali, Deputy Managing Director in charge (...)

Career 27/01/2020

“We see in France an inflationary trend in compensation across all CRE professions"

Faced with a talent shortage, French real estate was a candidate market in 2019, reports Robert Walters in a recent study, with an average (...)

Office 22/01/2020

"2020 will mark the end of the deterioration in the performance of commercial real estate."

VIEWS+S Consulting has just published a study on European listed real estate. Its founder, Philippe Le Trung, looks back on the major lessons to (...)

Hospitality 16/01/2020

"AccorInvest’s strategy is to grow in the economy and mid-scale segments in Europe"

With the acquisition of Polish hotel group Orbis, 2019 was a very active year on the investment front for AccorInvest, the real estate division (...)

Listed 13/01/2020

"Icade benefits from the full implementation of its 2019-2022 strategic plan."

French REIT/SIIC Icade is one of the best performing real estate company on the stock market: +55% in 2019, dividends reinvested. Before the presentation (...)

Hospitality 10/01/2020

"Covivio is now present in 12 countries and we intend to consolidate our position in Europe"

Having recently acquired a €620m pan-European hotel portfolio, Paris-based REIT/SIIC Covivio holds €6.9bn in hospitality assets (out of the €24bn assets held by the (...)

Office 07/01/2020

“Altarea Entreprise Studio will be a think tank for the design of our commercial buildings"

In response to changes in uses and working methods, French REIT/SIIC Altarea Cogedim has set up a new entity dedicated to the design of office buildings, (...)

Finance 23/12/2019

"France continues to offer solid opportunities for our investors"

Business Immo: How would you sum up your experience since your arrival at the head of LaSalle France?  Beverley Shadbolt: One of my first commitments (...)

Green 20/12/2019

"We need to find more effective ways to contain the global temperature rise"

Business Immo: Foster + Partners has developed a method for assessing carbon emissions of buildings. Why did you take this initiative? David Nelson and Chris (...)

Office 13/12/2019

"Despite constraints, real estate will continue to attract investors in 2020"

Live from Simi (Paris) - The 26th MSCI Barometer of French real estate investment was presented in Simi by Carine Dassé, Vice President of (...)

Housing 11/12/2019

"Coliving is not a risky investment, but a positioning in hyper-urban residential rental housing"

Business Immo: What is Colonies’ coliving proposition?  François Roth: Our ambition is to enable people from all walks of life to live together comfortably and (...)

Office 10/12/2019

“This partnership illustrates our ability to meet daily needs”

Business Immo: WeMaintain, through BNP Paribas REPM France, has been chosen to manage all Allianz RE's real estate elevators in the Île-de-France region. Why and how was (...)

Finance 09/12/2019

"We need to achieve more coherence in terms of real estate taxation"

Business Immo: What is your reading of the macroeconomic context?  Xavier Timbeau: Clearly, we are seeing all the signs of a soft landing of global growth, especially (...)

Finance 03/12/2019

"Real estate is a very important asset class for Oddo BHF "

Business Immo: Oddo BHF has just acquired the IKO building in Clichy-la-Garenne from LaSalle. Can you remind us of the details of this operation? Grégoire Charbit: IKO was delivered last December and includes approximately (...)

Office 20/11/2019

"Right now we have masses of money targeted towards London"

Huge amounts of investment capital are targeting London city real estate, and the slowdown in development resulting from Brexit worries will worsen the shortage (...)

Logistics 18/11/2019

"Solutions that turn stores into warehouses should tend to develop"

Business Immo: What weight does e-commerce have today in France? Bertrand Pineau: In 2018, French e-commerce generated a turnover of €92bn. And it continues to deliver double-digit (...)

Retail 13/11/2019

“We can learn a lot about what is happening in retail by looking at the success of outlet sector”

Business Immo: How do you explain the enduring performances of outlet centres? Joachim Will: We can learn a lot about what is happening in retail (...)