Business Immo, the real estate website

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Listed 03/02/2022

French listed property federation FSIF becomes FEI

As of Thursday 3 February 2022, French property companies federation FSIF (Fédération des sociétés immobilières et foncières) is changing its name to Fédération des (...)

Listed 27/01/2022

Orpéa loses almost half its value on the stock exchange

A free fall. Orpéa's share price has lost nearly 50% of its value in less than a week. The operator and incidentally owner of (...)

Listed 12/01/2022

Colonial and SFL want to reclassify all their outstanding bonds as green bonds

Colonial and its French subsidiary SFL have announced their intention to convert all outstanding bonds of the Colonial Group, representing a total amount of (...)

Listed 06/01/2022

The pandemic has not affected the SIICs' transparency in their financial communication (KPMG/FSIF)

KPMG and the  French listed property federation FSIF (Fédération des sociétés immobilières et foncières) have just published their traditional study on the financial communication of (...)

Listed 21/12/2021

"Carmila is ready to start a new cycle"

Business Immo: Carmila recently announced the adoption of a new strategic plan, "Building sustainable growth". What will this new development phase be about ? Marie (...)

Listed 16/12/2021

A wind of optimism blows in the real estate industry (EY/Palladio/Business Immo)

At a time when industry is regaining favour with political decision-makers, the real estate and urban sector can claim to be the leading industrial (...)

Listed 08/12/2021

Altarea completes a €350m capital increase for the acquisition of Primonial

Paris-based real estate group Altarea has announced the success of its capital increase with preferential subscription rights (DPS) for an amount of approximately €350m. (...)

Listed 30/11/2021

A meaningful impact: ESG for real estate

Entering the global spotlight relatively recently, Environmental, Social and Governance (ESG) policies and obligations are designed to make businesses and organisations think about their (...)

Listed 23/11/2021

Frey launches €102m capital increase

Frey announces the launch of a cash capital increase with preferential subscription rights for its shareholders for a gross amount, including issue premium, of (...)

Listed 28/10/2021

URW continues its deleveraging strategy and signs a lease in Trinity

As part of its Q3 2021* results presentation, Unibail-Rodamco-Westfield (URW) announced that it is continuing its deleveraging strategy. At the same time, the property (...)

Listed 22/09/2021

Icade launches IPO of Icade Santé on Euronext Paris

French REIT/SIIC Icade, shareholder of Icade Santé with a 58.3% stake to date, has announced that the French financial markets authority (Autorité des marchés financiers, (...)

Listed 13/09/2021

Icade takes step towards an IPO of Icade Santé on Euronext Paris

Icade Santé, a Paris-based European investor in healthcare real estate, 58.3% held by French REIT/SIIC Icade, has announced the approval of its registration document, dated September (...)

Listed 30/07/2021

URW: deleveraging as a guiding principle

More than ever, Unibail-Rodamco-Westfield (URW) remains committed to its goal of reducing its debt, whether through disposals, by reducing its investments or by suspending (...)

Listed 30/07/2021

Despite dynamic marketing, French SIIC Carmila does not provide guidance for 2021

In the three countries where Carmila operates - France, Spain and Italy - activity in the first half of 2021 was once again marked (...)

Listed 29/07/2021

Icade is optimistic before the IPO of its healthcare unit

Before a well-deserved summer break, real estate companies publish their results for the first six months of 2021. The conclusion that can already be (...)

Listed 28/07/2021

Gecina reassured in its strategic choices

Reassured by the like-for-like growth of its rental income in the first half of 2021, both in offices (+0.4%) and traditional housing (+1.1%), Gecina (...)

Listed 28/07/2021

Klépierre's main financial indicators still down

Paris-based pan-European REIT/SIIC Klépierre continues to take on water under the impact of successive waves of Covid-19. Its total revenue in H1 2021 is (...)

Listed 22/07/2021

Covivio raises its guidance for 2021

With a better-than-expected first half, Covivio is raising its EPRA Earnings guidance for 2021 to between €390m and €400m (€4.1 to €4.2 per share), (...)

Listed 21/07/2021

Covivio Hotels successfully priced a €500m 8-year Bond with a 1.0% coupon

Covivio Hotels, Covivio’s subsidiary dedicated to hotel Real Estate, has successfully priced a new Bond issue of €500m, maturing in 2029 and offering a 1.0% coupon. This operation, (...)

Listed 07/06/2021

Icade Santé: an IPO by the end of 2021?

On 7 June, Icade announced its intention to float its healthcare-focused unit on Euronext Paris by the end of 2021, subject to market conditions, (...)