Business Immo, the real estate website

Listed

Listed 04/06/2021

Frey strengthens its equity by more than €10m

Frey Group’s General Meeting of Shareholders has approved the payment of a €1.50 per share dividend as well as an option between a 100% (...)

Listed 04/06/2021

Colonial Increases Its Stake in SFL

Spanish group Inmobiliaria Colonial has announced that it wishes to submit a takeover bid to acquire 94% to 100% of its French subsidiary, SFL. (...)

Listed 31/05/2021

Aviva Investors France obtains the SRI label for its OPCI fund Experimmo ISR

Aviva Investors France (AIF), the asset management subsidiary of Aviva France, is pursuing its responsible approach with the certification of its OPCI fund Aviva (...)

Listed 28/05/2021

Hammerson completes first real estate sustainability-linked bond of €700m

Retail REIT/SIIC Hammerson has announced the successful completion of a €700m sustainability-linked bond with a 6 year maturity period and a 1.75% coupon.  The new (...)

Listed 18/05/2021

Unibail-Rodamco-Westfield announces €1.25bn bond placement

Paris-based global REIT/SIIC Unibail-Rodamco-Westfield has successfully priced a €1.25bn two-tranche senior bond offering, aiming to strenghten its liquidity position and extending the group’s debt maturity. The (...)

Listed 10/05/2021

Klepierre's total revenues drop 11.3% in Q1 2021

Paris-based pan-European REIT/SIIC Klépierre’s total revenues for the three-month period ended March 31, 2021 amounted to €281.2m, an 11.3% decrease compared to the same (...)

Listed 29/04/2021

URW's turnover down 40.8% in Q1 2021

The proportionate turnover of URW for the first three months of 2021 amounted to €566.7m, down by -40.8% year-on-year, reflecting the impact of the (...)

Listed 26/04/2021

Icade's turnover up 44% in Q1 2021

In the first quarter of 2021, Icade's consolidated revenues were up 44% year-on-year to €392.5m. Rental income from the commercial property business stood at (...)

Listed 15/04/2021

Gecina wants to transform 100% of its bonds into Green Bonds

Following on from the announcement of CAN0P-2030, its Carbon Net Zero Plan with a target for its operational portfolio to be carbon neutral by (...)

Listed 13/04/2021

An economic rebound detrimental to listed real estate companies

Like most real estate markets around the world, European listed real estate companies have had a mountainous year due to the Covid-19 pandemic. As (...)

Listed 12/04/2021

Are SIICs inoculated against Covid-19? - iread

Stock market performance: glass half empty... Despite the vertiginous fall in share prices experienced by the entire stock market as soon as the health crisis (...)

Listed 07/04/2021

Unibail-Rodamco-Westfield: Xavier Niel crosses the 15% threshold

Xavier Niel is continuing his rise in the capital of the listed property company Unibail-Rodamco-Westfield (URW). The founder and chairman of Iliad has declared (...)

Listed 19/03/2021

Galimmo's gross rental income down 21% in 2020

After taking into account the -€9.9m impact of tenant support measures, the Galimmo Real Estate's 2020 gross rental income amounted to €60.3m compared with €72.9m (...)

Listed 18/03/2021

Health crisis weighs on market values, but real estate retains strong returns - Views+s

Real estate is weathering the crisis. According to a study carried out by Views+s based on an analysis of the French assets of 23 (...)

Listed 12/03/2021

Hammerson's portfolio value and net rental income fall after a challenging 2020

UK retail REIT/SIIC Hammerson has seen its net rental income fall 41% in 2020 to £158m (€184.5m), while its portfolio is now valued at (...)

Listed 10/03/2021

Frey’s operating income up 46% in 2020

Frey's current operating income rose sharply to €42.4m in 2020 (+46%), compared with €29m in 2019, thanks to the increase in sales and good (...)

Listed 26/02/2021

Nexity relies on its service platform and international expansion in 2021

Results better than projections: for the financial year 2020 marked by the health crisis, the Nexity group's sales rose by 8% to €4.86bn. "This (...)

Listed 26/02/2021

French REIT/SIIC and developer Altarea announces a recurring net profit down 21% in 2020

"Altarea has managed to absorb the shock of the health crisis". This is how Alain Taravella, founding chairman, sums up the 2020 financial year (...)

Listed 22/02/2021

Icade annonces net current cash flow down 7.9% in 2020

In 2020, Icade's Adjusted EPRA earnings from Property Investment amounted to €351m, down 2.2% (-2.1% per share), of which €214.3m for the office sector (...)

Listed 19/02/2021

After a year of resilience, Gecina enters a year of transition

"The resilience of our model and the centrality of our portfolio have enabled us to cope with the shock of the health crisis. "This is how (...)