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Finance

Finance 05/06/2019

LaSalle IM's Mokrane joins BI sister firm iread as Senior Advisor

Mahdi Mokrane, Head of European Research and Strategy at LaSalle Investment Management, is joining Business Immo's sister company iread as Senior Advisor. Iread said Mokrane will collaborate and provide, in particular, his expertise (...)

Finance 04/06/2019

Real Capital Analytics raises $115m from Susquehanna to underpin growth

Global real estate research group Real Capital Analytics, based in New York, has raised $115m from US private equity firm Susquehanna to take it (...)

Finance 29/05/2019

"BC Partners is creating a real estate platform on a European scale"

Business Immo: Why did you leave Altarea Cogedim? Stéphane Theuriau: I spent nine years at Altarea Cogedim and participated alongside Alain Taravella and other management (...)

Finance 29/05/2019

Schroders adds Munich's Blue to boost German, Swiss, Austrian real estate reach

UK-based investment manager Schroders has acquired Munich's Blue Asset Management to reinforce its reach in the German, Swiss and Austrian real estate markets.  Giving no (...)

Finance 28/05/2019

German Aurelis's net earnings surge to €263m after Laetitia portfolio sale

Net earnings by German developer Aurelis, controlled by George Soros's Grove, surged to €263.3m last year after its Laetitia portfolio sale, but are unlikely to (...)

Finance 28/05/2019

Nuveen names Gabi Stein to spearhead EMEA real estate client advisory

Global investment manager Nuveen has appointed former Tishman Speyer executive Gabi Stein as MD for Europe in its International Advisory Services division. In this newly-created (...)

Finance 24/05/2019

Invel becomes largest Greek RE investor after €390m Pangaea stake buy

Invel Real Estate has become the largest ever investor in Greek real estate after paying €390m for a further 32.7% stake in Pangaea from (...)

Finance 24/05/2019

EBRD makes €55m loan to support Invel stake purchase in Greek Pangaea

The European Bank for Reconstruction and Development has made a €55m loan to help finance Invel Real Estate’s acquisition of a stake in NBG Pangaea, Greece’s (...)

Finance 24/05/2019

2018 global property AUM up 12% to €2.8tr; Blackstone first to exceed €200bn

Global real estate assets under management last year rose by 12% to €2.8tr, with Blackstone becoming the first manager to exceed €200bn, say non-listed (...)

Finance 23/05/2019

Paris REIT Gecina places 15yr €500m bond issue at 1.625% to buy back notes

Paris office and housing REIT Gecina has placed a €500m bond issue with a 15-year maturity at 1.625% and launched a tender offer on (...)

Finance 21/05/2019

Private equity real estate reaches record $900bn AUM - Preqin

Global private equity real estate firms reached a record $900bn in assets under management as of June last year, says a recent study by (...)

Finance 20/05/2019

Increases in European commercial property rents seen modest in 2019

With only modest economic growth and a slower rise in employment, 2019 is likely to show only limited rises in European commercial property rents, (...)

Finance 17/05/2019

French La Française’s €300m tourism property fund aims at diversification

Business Immo: La Française REM launches LF Immo Tourisme. What is it about ? Marc Bertrand: At the vehicle level, this is an OPCI fund for institutional investors, mainly French, with assets focusing (...)

Finance 17/05/2019

German 2018 real estate bank lending expands 8%, to continue this year

German real estate bank lending expanded by 8% last year in volume, says adviser JLL, and it expects credit issuance growth to continue through (...)

Finance 17/05/2019

Slowing yield compression shows Europe in late cycle - C&W DNA Of Real Estate

The pace of yield compression slowed across Europe’s commercial real estate markets in the first quarter of 2019, showing that the sector is in (...)

Finance 15/05/2019

Making Greater Paris the first region in Europe for foreign investment

Business Immo: You are the principal contact point for foreign investors potentially interested in Greater Paris. What are your main arguments to convince them? Frank Margain: (...)

Finance 15/05/2019

Despite global macro concerns, Euro property outlook remains positive - RICS

Despite ongoing global macro concerns, the outlook for European property remains quite positive, with markets maintaining momentum, says the UK-based RICS. In its first quarter (...)

Finance 14/05/2019

Grand Paris Express moves into its operational phase

The future Grand Paris Express will have a major urban impact stretching over a radius of a several hundred metres around the 68 new (...)

Finance 10/05/2019

Nordic investor interest shifts to residential as investment boom continues

Despite a slight fall in international inflows to Nordic real estate last year, there are no signs of waning demand as the focus shifts (...)

Finance 10/05/2019

Before the European elections: real estate in the European setting

Even if the direct benefits of the European Union for the real estate industry are not immediately apparent, the EU has a major impact (...)