Business Immo, the real estate website

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Office 09/01/2020

Greater Paris 2019 real estate investment surges 14% to €26.9bn - Immostat

In the Greater Paris Region, the investment volume in commercial real estate reached €26.9bn in 2019, according to new Immostat data, up 14% compared (...)

Office 09/01/2020

Commerz Real sells office property Cap Sud near Paris

Commerz Real, part of Germany's Commerzbank, has sold the office property Cap Sud in Montrouge, near Paris, to a fund managed by Credit Suisse (...)

Office 08/01/2020

[BEST OF 2019] France’s top investment deals of the year

Best of 2019, episode 1 - After reaching a record level in 2018, commercial real estate continued to whet investors' appetite in 2019, as (...)

Office 08/01/2020

French Covivio in portfolio adjustments worth €162m in Italy

French REIT/SIIC Covivio, in end-year portfolio adjustments worth €162m, has signed, in the fourth quarter 2019, agreements for the disposal of six office buildings (...)

Office 07/01/2020

“Altarea Entreprise Studio will be a think tank for the design of our commercial buildings"

In response to changes in uses and working methods, French REIT/SIIC Altarea Cogedim has set up a new entity dedicated to the design of office buildings, (...)

Office 23/12/2019

Tristan, Investa pay €147m for eight German offices from Frankfurt's Cording

London's Tristan Capital Partners, together with Germany's Investa Real Estate, has paid €147m for a portfolio of eight German office buildings from Frankfurt's Cording Real (...)

Office 23/12/2019

Covéa leases entire 38 av. Kléber in Paris as new HSBC France HQ

France's Covéa Immobilier has finalised the lease of the entire 38 avenue Kléber in Paris' 16th quarter to HSBC France, which will set up its head (...)

Office 20/12/2019

Patrizia pays €190m for Brussels package including iconic Louise Tower

German listed investment manager Patrizia has paid €190m to acquire the iconic Louise Tower in Brussels as part of a 65,000 sqm portfolio of (...)

Office 20/12/2019

"We need to find more effective ways to contain the global temperature rise"

Business Immo: Foster + Partners has developed a method for assessing carbon emissions of buildings. Why did you take this initiative? David Nelson and Chris (...)

Office 20/12/2019

Warsaw 2019 office investment to hit record €3.6bn as take-up booms

Warsaw's office market is likely to hit a record €3.6bn of investment this year as take-up booms, reaching levels that outstrip even developed European (...)

Office 20/12/2019

Romania-based Globalworth adds Polish Kraków office complex for €134m

Romania-headquartered Globalworth has added a further asset in Poland, the Podium Park office complex in Kraków for which it will pay a maximum €134m, (...)

Office 19/12/2019

Stockholm's Genesta sells prime office in central Copenhagen for €190m

Stockholm private real estate investment manager Genesta has sold a prime office property in central Copenhagen for DKK1.42bn (€190m) to Swedish listed Klövern. The asset, located at Kalvebod Brygge (...)

Office 19/12/2019

German Union Investment adds 4th Helsinki asset for €148m

German Union Investment has extended its portfolio in Finland, adding an 8,300 sqm retail and office property in Helsinki city centre, its 4th asset in (...)

Office 18/12/2019

N A S Invest adds first German project, 99 West in Frankfurt, for €265m

Investment manager N A S Invest has acquired its first development project in Germany, 99 West in Frankfurt from BNP Paribas Real Estate Property (...)

Office 17/12/2019

BlackRock makes first French investment with EFV - Tour Voltaire in La Défense

US wealth management giant BlackRock has made its first investment in France from its Europe Property Fund V raised in summer - the 36,000 (...)

Office 17/12/2019

LBO France adds 16,800 sqm Paris Saint-Denis Grande Angle office block

French private equity group LBO France has acquired the 16,800 sqm five-storey Grande Angle corner office block in Paris Saint-Denis from UK manager Tristan Capital (...)

Office 17/12/2019

Foreign investment into Nordics approaches 5yr high €42bn, matching 2018

Foreign property investment into Nordic markets this year should reach a five-year high at €42bn, matching 2018 in volume as yields continue to compress, (...)

Office 17/12/2019

US PGIM, after selling Berlin portfolio in JV, adds office tower project Stream

Just a week after selling a Berlin office package in a JV, US manager PGIM has added to holdings there, acquiring the office tower project Stream (...)

Office 13/12/2019

UK's Cain, Germany's Freo add two more Spanish offices

The UK-based Cain International, just a week after purchasing a 26-asset Spanish office portfolio in a JV with Germany's Freo Group, has added two (...)

Office 13/12/2019

"Despite constraints, real estate will continue to attract investors in 2020"

Live from Simi (Paris) - The 26th MSCI Barometer of French real estate investment was presented in Simi by Carine Dassé, Vice President of (...)