Business Immo, the real estate website

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Finance 15/10/2018

Greek REIT Grivalia sees opportunities after decade of turmoil

After a decade of economic and political turmoil in Greece, investment opportunities are now appearing in its real estate, especially in assets coming out (...)

Office 11/10/2018

Saudi Arabia’s Sedco Capital to invest up to €300m in European real estate

Saudi Arabia's Sedco Capital, which this week announced it invested €156m in three properties in Europe, one of which its first foray into France, aims to (...)

Office 10/10/2018

"France is very focused on innovation"

Business Immo: How is French PropTech developing? Régis Chemouny: Investments in PropTech are expected to reach $ 20 billion worldwide in 2020, compared to $ 12 billion (...)

Hospitality 10/10/2018

UK’s EasyHotel to open 50 hotels in France, Germany, Spain

Business Immo: What is EasyHotel’s development plan for Europe ? Marc Vieilledent: At the time of its entry on the London Stock Exchange in 2014, (...)

Office 09/10/2018

"La Défense is THE premier business district of Paris"

Business Immo: What makes La Défense different from other French business districts? Marie-Célie Guillaume: La Défense is THE premier business district of Paris. It is (...)

Office 09/10/2018

Hines’ new European value-add fund could invest up to €1.8bn

Live from Expo Real (Munich) - US-based Hines could invest up to €1.8bn in with its new value-add Hines European Value Fund, which recently (...)

Office 08/10/2018

"France is finally perceived as modern"

Business Immo : What are your arguments when marketing Greater Paris to foreign real estate investors? Alexandre Missoffe: Greater Paris is a global project that concentrates (...)

Logistics 05/10/2018

Belgian WDP grows in Romanian logistics but labour is main challenge

Growth for Belgian logistics REIT WDP is coming through steadily in Romania, where it soon expects to reach €500m AUM, one-sixth of its portfolio. (...)

Housing 28/09/2018

"Why Greystar is expanding into PRS, student homes in France"

Business Immo: Who is Greystar? Hideki Kurata: Greystar is an integrated American-based platform specialising in residential real estate in the broad sense, with particular expertise (...)

Finance 27/09/2018

Frankfurt's aamundo wins €1bn mandate for anti-cyclical strategy

Just 11 months after foundation, Frankfurt real estate group aamundo has won a US €1bn investment mandate for an anti-cyclical strategy anticipating a downturn, says co-Founder (...)

Finance 27/09/2018

Corestate's new CEO plans expansion beyond Germany, Netherlands

Germany and Netherlands-focused Corestate Capital, a listed real estate manager transitioning from private roots, has big plans to expand, seeking assets and M&A opportunities (...)

Finance 26/09/2018

"France is clearly one of HMC’s main target markets"

Business Immo: Who is Harbert Management Corporation? Eric Desautel: Harbert Management Corporation is an independent investment company based in the southern United States. It operates in (...)

Retail 24/09/2018

"Moving toward a merger of Paris city and station"

Business Immo: What are the reasons behind this €1.2bn investment program in Paris stations? Patrick Ropert: In the Parisian stations we have a lot of (...)

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 (...)