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France

Newmark launches Paris office

Newmark Group has established a Paris, France flagship, hiring industry veterans Francois Blin and Emmanuel Frénot to lead the team.
Wednesday, 13. March 2024

LaSalle appoints Bouygues for Bergère redevelopment

LaSalle Investment Management has appointed Bouygues Rénovation Privée as the main contractor for the redevelopment of Bergère, a landmark office-led, highly-amenitized workspace project in Paris.
Tuesday, 12. March 2024

Greystar appoints Vincent Dubusset as Senior Technical Manager

Greystar has announced the arrival of Vincent Dubusset as Senior Technical Director. He will be responsible for the technical development of Greystar's portfolio, strengthening its presence in France and contributing to the company's portfolio of housing for students and young professionals.
Tuesday, 12. March 2024

Hines funds invest in French student platform

Hines launches student accommodation platform in France, announcing two major investments to create c. 1,300 new beds as part of ambition to deliver 4,000 over 5 years.
Friday, 8. March 2024

Mitiska REIM sells two retail parks to Sogenial

Mitiska REIM on behalf of the FRI 2 fund sold a French and Portuguese retail park to Sogenial Immobilier. This sale marks the completion of Mitiska REIM’s value-creation programs for these assets, and follows similar divestments in Belgium, Portugal and Romania over the past three months which have delivered more than €500 mi...
Thursday, 7. March 2024

Oxford completes 100% lease up of Paris prime office

Oxford Properties Group has fully let 32 Rue Blanche, a 238,000 sq ft Class-A office building in Central Paris. This successful leasing programme follows the completion of a comprehensive renovation scheme, significantly upgrading the asset's sustainability performance, amenities and technology capabilities, transforming 32 R...
Thursday, 7. March 2024

Covivio acquires 8.3% Generali stake in Covivio Hotels subsidiary

Covivio signed an agreement to acquire the 8.3% stake in Covivio Hotels held by Generali, in exchange for new Covivio shares. This transaction, which represents the equivalent of the acquisition of €500 million of assets and a capital increase of nearly €300 million, marks a major step in the reinforcement of Covivio in the h...
Tuesday, 5. March 2024

ARA Europe Acquires French Urban Logistics Complex

ARA Europe, the European platform of ESR Group, has acquired an urban logistics complex, located on the outskirts of Rouen in France, on behalf of its ARA Europe Active Real Estate Fund V. The acquisition forms part of the fund’s seed portfolio, which focuses on the aggregation of well-located last-mile distribution warehouse...
Monday, 4. March 2024

Real I.S. lets office building 53 Hoche in Paris to Cerruti

Real I.S. has let an office complex, situated at number 53 Avenue Hoche in Paris, to Cerruti 1881. After a comprehensive restructuring and modernisation, the historic building is now to be the headquarters of the luxury fashion house Cerruti, which is to move in by March already. In addition to the offices premises for around...
Monday, 4. March 2024

Deka closes €160 million logistics deal near Paris with Gemfi

Deka and Gemfi, the development arm of Gicram Group, have concluded the forward deal signed in May 2022 . The developer has completed and handed over the e-fulfillment center in February. The new building will be added to the portfolio of the Deka-ImmobilienEuropa open-ended property fund.
Friday, 23. February 2024

Savills IM buys two prime logistics assets in France

Savills Investment Management has acquired two urban logistics assets in Amiens and Valence for its European Urban Logistics & Industrial Fund (EULIF). The seller is 6e Sens Immobilier, one of the major players in property development and value enhancement in France.
Tuesday, 20. February 2024

Staycity to open hotel in Bordeaux's Canopia district

Staycity Group is to take its premium Wilde Aparthotels brand to France for the first time as part of an innovative 'urban haute couture' development in Bordeaux's Canopia district, piloted by the Apsys group.
Friday, 16. February 2024

CRIM acquires another Elithis project in Clermont-Ferrand

Catella Residential Investment Management has acquired an Elithis 'energy-positive' residential tower and attached low-rise building development in the city of Clermont-Ferrand in the Auvergne-Rhône-Alpes region of central France on behalf on an institutional mandate for an estimated investment of approx. €29 million.
Thursday, 15. February 2024

Patron secures green loan for Paris office building

Patron Capital and Edmond de Rothschild REIM have agreed a € 68 million green loan facility with pbb Deutsche Pfandbriefbank for the refinancing of Creative, a Grade A 12,000 sq m office development in the Western Crescent of Paris.
Thursday, 15. February 2024

ARA Europe leases to ID Logistics in Amiens

ARA Europe has signed a lease agreement for 86,000 m² on its flagship logistics development in Amiens St Sauveur. The tenant is ID Logistics, which has signed a long-term lease as part of a service contract for an e-commerce platform.
Friday, 9. February 2024

Iconic Disneyland Paris hotel re-opens after two year renovation

The multiyear transformation has been finished. Last weekend, a host of celebrities came to Disneyland Paris to celebrate the reopening of the Disneyland Hotel. These included actors Nicola Coughlan, Virginie Efira, Lucas Bravo and designer Christian Louboutin.
Thursday, 8. February 2024

KanAm buys „Agapes“ office near Lille

KanAm Grund has acquired a new office building with a long-term lease in the Lille area for one of its special funds. The tenant of the property, which is located in the northern French city of Villeneuve d'Ascq, is the restaurant group Agapes S.A., the food division of the „Association familiale Mulliez“ (AFM).
Thursday, 1. February 2024