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European news

Office 31/07/2020

Europe’s prime office rents could drop nearly 10% this year, according to AEW

As a result of the Covid-19 pandemic, occupiers are reassessing their needs for office space as working from home has been implemented, according to (...)

Finance 31/07/2020

European CRE transactions slide to lowest level in six years in Q2 – RCA

As the Covid-19 pandemic and associated lockdowns took a grip on markets, the volume of European commercial real estate investment transactions plunged to the (...)

Listed 30/07/2020

Unibail-Rodamco-Westfield AREPS down 28% in H1 2020

Unibail-Rodamco-Westfield's adjusted recurring earnings per share (AREPS) for the first half of 2020 was €4.65, down 28% from 1H 2019. According to the listed (...)

Listed 30/07/2020

Klépierre's main financial indicators declined in H1 2020

Klépierre reported a 4.2% decline in net current cash flow, to €392.1m, for the first half of 2020. Earnings per share amounted to €1.37, (...)

Office 30/07/2020

France's regional office markets withstand the health crisis well — BNP PRE

With the health crisis shaking up the national and global economy, France's regional office markets have held up well, behaving remarkably well in terms (...)

Office 30/07/2020

Assembly and Meyer Bergman fully let Paris 17th's Toko building

Toko, a mixed-use building located rue d'Héliopolis, in the 17th arrondissement of Paris, and bought by Assembly at the end of 2018 on behalf of the UK-based Meyer Bergman, (...)

Listed 30/07/2020

Impacted by Covid-19, Carmila puts pipeline on hold

In the first half of 2020, a state of emergency and lockdown measures were implemented in the three countries (France, Spain and Italy) in which (...)

Housing 30/07/2020

AXA IM-RA partners with in’li on Greater Paris 9,800 units affordable housing portfolio

AXA Investment Managers - Real Assets (AXA IM - Real Assets) has created a long term strategic partnership with in’li, the leading operator of (...)

Office 29/07/2020

La Défense: Unibail-Rodamco-Westfield to relocate headquarters in the Trinity Tower

Listed property giant Unibail-Rodamco-Westfield has announced the installation, in the summer of 2021, of its future headquarters in the Trinity Tower, its latest office (...)

Finance 29/07/2020

Nexity's H1 2020 results strongly impacted by Covid-19

French listed real estate company Nexity’s group share of net profit came to €7m for H1 2020, versus €52m for H1 2019, a downward trend (...)

Finance 29/07/2020

Frey buys AG Real Estate's stake in the Frey Retail Fund 2

Paris-based retail REIT/SIIC Frey, specialised in open-air shopping centres, has announced the acquisition of AG Real Estate's stake in the Frey Retail Fund 2 (...)

Logistics 29/07/2020

Stam Europe launches €250m logistics and light industrial JV, buys French 62,000 sqm logistics platform

Stam Europe, a subsidiary of real estate investment manager Corestate Capital, has partenered with a North American institutional investor to launch their second investment program (...)

Office 29/07/2020

Trade fairs limits lifted in France: event industry professionals dedicated to real estate reassured

After cancellations and numerous postponements due to the health crisis, the trade shows and fairs will be allowed to reopen as of September 1, (...)

Office 29/07/2020

Malakoff : InfraRed and Hemisphere sell the 14,300 sqm Tangram building to Amundi

London-based InfraRed Capital Partners and Paris-based Hemisphere have sold the 14,300 sqm Tangram office building, located in the Paris suburb of Malakoff, to French real estate investment manager Amundi (...)

Career 29/07/2020

Two new appointments to Gecina's Executive Committee

Paris-based REIT/SIIC Gecina has announced the appointments of Valérie Britay as Deputy Managing Director in charge of the offices division and Elena Minardi as (...)

Finance 29/07/2020

Foncière Inea signs €105m green loan carrying the ambitions of the European taxonomy

French regional officesREIT/SIIC Foncière Inea has announced the signature of the "first green loan in the real estate sector that carries the ambitions of (...)

Retail 28/07/2020

Covid-19 has not adversely affected France's prime retail rents – JLL

According to JLL, no decline in rental values has been observed on the French retail market so far, according to JLL, with prime rents (...)

Finance 28/07/2020

PriceHubble acquires Austrian PropTech start-up Checkmyplace

Zurich-based PropTech company PriceHubble, active in big data and artificial intelligence applied to real estate, has acquired the Austrian startup Checkmyplace, specialised in digital (...)

Logistics 28/07/2020

Prologis' activity exceeded expectations in Q2 2020

Prologis, Europe's largest warehouse group, has announced a better than expected level of activity  in Europe for Q2 2020, despite uncertainties related to Covid-19, . Concerning the rental (...)

Career 28/07/2020

Carmila appoints Florence Lonis General Secretary

Florence Lonis joins the French retail REIT Carmila as General Secretary. She will therefore be a member of the Executive Committee. She will also (...)