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Housing news

French Altarea 2017 FFO climbs one-third to €256m; outlook never so good

French listed group Altarea Cogedim ended 2017 well ahead of plan, with recurring FFO one-third higher at €256.3m and diluted net asset value up 9% to (...)

German housing firm LEG boosts 2017 FFO, dividend by 10%, confirms outlook

German listed housing group LEG Immobilien increased funds from operations last year by 10.1% to €295.3m and is proposing to raise the dividend by the same (...)

BNP Paribas REIM adds €3.3bn in 2017 to reach €27.4bn in managed assets

Paris-based BNP Paribas Real Estate Investment Management added €3.3bn in assets in 2017 to reach €27.4bn in AUM, split between €1.7bn in cash inflows to its (...)

German housing giant Vonovia boosts 2017 FFO by 21% to €921m

Vonovia, Germany's largest housing company, boosted FFO1 by 21% to €920.8m in 2017 due to organic, internal growth but also the integration of Vienna-based (...)

Dutch Bouwfonds sells €4.2bn in mgt buyouts, including parking,residential

Netherlands-based real estate investment manager Bouwfonds, part of the Rabo banking group, has spun off €4.2bn in assets, two-thirds of its fund holdings, in management buyouts. (...)

Marian Herman takes over as CEO at Slovakia-based HB Reavis

Slovakia-based, European developer and investor HB Reavis has appointed Marian Herman as new chief executive in a planned succession to Pavel Trenka who completes an agreed term of (...)