Canada's privately-owned retail and financial conglomerate Triple Five, developer of the giant West Edmonton Mall, is entering Europe, first seeking a site in Spain (...)
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 (...)
French hotel REIT Foncière des Murs, a unit of the Covivio group, has completed a capital increase to raise €300m and support the group's £858m (€976m) acquisition (...)
The Dutch boutique hotel group CitizenM has paid €80m for a 4,500 sqm site on the prestigious av. des Champs-Élysées in Paris from French developer Faure (...)
Swedish listed real estate group Balder has made its first investment in Germany, paying €58m for seven hotels, two of which in Berlin, and says the (...)
The Paris Ile-de-France region has signed an agreement with the online travel platform of Chinese e-commerce giant Alibaba aimed at helping tourists from the People's Republic, who have (...)
Munich's Real I.S., the real estate fund manager of German savings bank BayernLB, has launched a new office special fund targeting €1bn in office assets, with (...)
Paris-based Louvre Hotels, owned since 2015 by China's Jinjiang group, should soon double its Poland assets to 40, says a top executive. Its eastern Europe (...)
East European hotel occupancy and room revenue growth has been steady over the last few years and the market will rise further in the (...)
With Spanish tourism booming and no fewer than 173 new hotel openings forecast in the next four years, US giant Blackstone will likely do what it (...)
Just days after ceding control of a €4.6bn portfolio, the Paris-based global hospitality group AccorHotels has announced a strategic partnership with budget hotel firm Dalmata Hospitality to bolster (...)
London-based real estate fund manager Aerium has finalised the €694m refinancing of 11 assets and portfolio across Europe with several major European banks, saying it was (...)
Thailand-based hotel group Minor International, one of the largest hotel groups in Asia-Pacific, is launching a full takeover bid for Spain's listed NH Hotel group in a (...)
In just a few years, Swiss Life Asset Managers, part of the giant Zurich-based insurer, has surged to become a major player in European real (...)
French rail and airline strikes have dealt a heavy financial blow to travel and event industries in the nation, reaching €1bn in lost travel (...)
A second French property firm in a week has announced a change of name. Immochan, the manager and owner of shopping centres anchored by (...)
Paris-based AccorHotels, which last week sold 57.8% of its AccorInvest unit for €4.6bn, confirmed a Les Echos newspaper report that is considering acquiring the French state's 14.3% (...)
European commercial property bargains are drying up as the cycle matures, with only 19% of the market now underpriced, says adviser Cushman & Wakefield. Only (...)
Business Immo : What is the weight of alternative classes in your real estate holdings? Matthijs Storm : Kempen holds around €2.5bn in real estate assets worldwide. The portion (...)
Paris-based AccorHotels has sold 57.8% of its AccorInvest unit to sovereign funds Public Investment Fund and GIC, institutions Colony NorthStar, Crédit Agricole Assurances and Amundi in a transaction bringing gross proceeds of €4.6bn. PIF is (...)
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