Corio closes contract for the first Primark in France

Corio has signed a contract with Primark to open a 7,500 m² flagship store in Grand Littoral in„Marseille. The Primark store will anchor the redeveloped “Zone Azur" part of the shopping center. more...

Wednesday, 22. May 2013

Tour Carpe Diem becomes First Tower in France to achieve LEED Platinum Certification

Hines announced today that Tour Carpe Diem in Paris-La Défense has received Platinum certification under the U.S. Green Building Council's LEEDfor Core & Shell (CS) Rating System. more...

Thursday, 16. May 2013

Office Market Greater Paris: A sluggish Q1 for rental market

After very good results in 2011 and 2012 (over 2.4 million m² leased each year), the rental market slowed in Q1, impacted by the poor economic conditions. In total, 393,500 m² were leased during the first three months of the year,... more...

Wednesday, 15. May 2013

Henderson strengthens French platform

Henderson Global Investor has hired Paul-Eric Perchaud and Julien Chaperon to strengthen its French team. Both will be based in Paris, working across Henderson Property’s French retail portfolio and report into Ara Adjennian. more...

Tuesday, 14. May 2013

Vastned sharpens high street shop profile through French divestments

Vastned has increased the share of high street shops in France to 90% by selling two non-strategic assets. The divestments include Val Thoiry in Thoiry and Centre Marine in Dunkirk. more...

Monday, 13. May 2013

Montea signs two new long-term lease agreements

Montea announced the signing of two new long-term lease agreements. The first is with Le Piston Français at the site in Savigny-le-Temple (FR) and the second with Geodis at the Brucargo site in Zaventem (BE), representing an annual... more...

Wednesday, 8. May 2013

23 rue Taitbout in the 9th district of Paris, France, Office, Retail - Photo: 23 rue Taitbout in the 9th district of Paris, France, Office, Retail

The Groupe Pierre et Entreprise acquires 2,800 sqm in Paris

The Groupe Pierre et Entreprise has purchased a property, located at 23 rue Taitbout in the 9th district of Paris, from Polska Kasa Opieki SA Bank (Bank Pekao SA). Fully refurbished... more...

Friday, 3. May 2013

BNP Paribas REIM France strengthens in the healthcare sector

BNP Paribas REIM France has just finalised the acquisition of four clinics on behalf of the OPCI Health Property Fund 1 (HPF1) from Gecimed, the healthcare property subsidiary of Gecina, for €80m. more...

Monday, 29. April 2013

InterContinental Marseille - Hotel Dieu, France, - Photo: InterContinental Marseille - Hotel Dieu, France,

Hôtel-Dieu opens its gates

The official opening ceremony took place on 25 April as a celebration of a three-year renovation program to transform the „Hôtel-Dieu“ hospital into a five-star hotel: InterContinental Marseille - Hotel Dieu. Symbolizing the history of... more...

Monday, 29. April 2013

Philippe Depoux appointed as Chief Executive Officer

At the Gecina Board meeting on April 17, 2013, chaired by Bernard Michel, Gecina's Directors decided to appoint Philippe Depoux as Chief Executive Officer from June 3, 2013. more...

Thursday, 25. April 2013

€2.6 billion invested in the 1st quarter of 2013

After a fairly active 4th quarter 2012, the €2.6 billion invested in France in the 1st quarter of 2013 represented a slight increase on Q1 2011 (€2.5 billion), but is still far behind the average quarterly figure of the last 10 years... more...

Thursday, 25. April 2013

29 Avenue de l'Opéra - Photo: 29 Avenue de l'Opéra

BBVA carries out sale & leaseback of Paris HQ

Multinational Spanish banking group BBVA has carried out a sale and leaseback of its 2,000 sq. m. Paris headquarters, located at 29 Avenue de l'Opéra (Paris 1), as part of a strategy to optimise its property holdings. An investor acquired... more...

Wednesday, 24. April 2013

BBVA carries out sale & leaseback of Paris HQ for €32 mln

Multinational Spanish banking group BBVA has carried out a sale and leaseback of its 2,000 m² Paris headquarters, located at 29 Avenue de l'Opéra (Paris 1), as part of a strategy to optimise its property holdings. An investor acquired... more...

Friday, 19. April 2013

Alexia Lemaire joins Offices Department at C&W France - Photo: Alexia Lemaire joins Offices Department at C&W France

Alexia Lemaire and Ludovic Mas join C&W France

The Offices department at Cushman & Wakefield in to announce the arrival of Alexia Lemaire as Consultant in the Paris Region team. A graduate of ESC Reims Management School, 28-year-old Alexia Lemaire joins Cushman & Wakefield from DTZ where... more...

Monday, 15. April 2013

Icade sells its consultancy and safety/security services subsidiary to its management

Icade, in line with its strategy of refocusing on its developer-REIT activities, announces the sale of its consultancy and safety/security services subsidiary, Suretis. The business, which recorded turnover of €7.7m in the 2012... more...

Wednesday, 10. April 2013

Gecimed sells four clinics for nearly €80m

On April 3, 2013, Gecimed, Gecina’s dedicated healthcare real estate subsidiary, finalized the sale of a portfolio of four clinics operated by Générale de Santé, including three short-stay facilities and a psychiatric unit, to a... more...

Tuesday, 9. April 2013

Icade sells its property engineering division to Artelia

Following exclusive negotiations begun in October 2012, Icade is announcing the sale of its three property engineering subsidiaries Arcoba, Gestec and Setrhi-Setae to the Artelia group. For Icade, this transaction falls within the... more...

Tuesday, 9. April 2013

French real estate investment performance remains positive with a 6.3% return

According to the IPD France Annual Property Index, released today, the total return for French all property stood at 6.3% for 2012, with capital growth at 0.7%. After subdued growth in 2011, French property performance continued to slow. more...

Thursday, 28. March 2013

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