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» Chronological View: " France " «

AEW acquires fully-let logistics portfolio in Île-de-France

AEW has acquired a c. 38,000 sqm logistics portfolio in the Île-de-France region, near Paris, on behalf of a French institutional investor. The portfolio comprises two fully-let, Grade A logistics properties with 15,000 sqm and 23,000 sqm of space respectively. Both assets are strategically located, in the major logistics hub...
Friday, 19. January 2018

AEW forward purchases c. 18,000 sqm logistics asset in Saint-Quentin-Fallavier

AEW has agreed to forward purchase a c. 18,000 sqm pre-let logistics asset in SaintQuentin-Fallavier, near Lyon, on behalf of a French institutional investor. The property is under construction by Open Box and is due to be delivered in the second quarter of 2018. The development is pre-let in its entirety to BBL Invest on a 9...
Wednesday, 17. January 2018
Philippe Morisseau joins Savills Agency Team in France

Philippe Morisseau joins Savills Agency Team in France

Savills has recruited Philippe Morisseau as an associate director to strengthen its Paris-based office agency team. Morisseau has more than 15 years of corporate real estate experience and joins Savills from Keops, a subsidiary of Nexity Conseil & Transaction, of France's developers in commercial and residential real estate. ...
Wednesday, 17. January 2018

Meyer Bergman's third European Retail Real Estate Fund closes its capital-raising

Meyer Bergman has secured €816 million of equity commitments from international institutional investors for its third fund and associated co-investment vehicles at the final close of capital-raising. Meyer Bergman European Retail Partners III (MBERP III) held its final close with commitments from 15 international pension fund...
Monday, 15. January 2018

Blackstone acquires logistics portfolio from Goodman

The Blackstone Group, on behalf of Blackstone Property Partners Europe Lower Fund 2, has agreed to acquire a third portfolio of Australian industrial and logistics properties from Goodman. The portfolio comprises 24 centres in Poland, Germany and France.
Thursday, 11. January 2018
AEW Ciloger acquires an office-led mixed-use building on avenue Marceau in Paris

AEW Ciloger acquires an office-led mixed-use building on avenue Marceau in Paris

AEW Ciloger has acquired, on behalf of the Fund (SCPI) Fructipierre, a fully let mixed-use building located at 6 avenue Marceau in the 8th Arrondissement of Paris. The building is ideally located in Paris’ CBD and offers 2,500 sqm of space distributed across 8 levels of offices and two street level retail premises. The buildi...
Wednesday, 10. January 2018
OD Hotels purchases building in Saint Tropez

OD Hotels purchases building in Saint Tropez

The Ibiza hotel chain, OD Hotels, has finalised the purchase of a building on the French Riviera, a mere 30 km from Saint Tropez — Avenue du Cap Nègre, 2 in Le Lavandou to be exact — with the intention of opening a hotel. It will be the group's sixth hotel and the first one to be located outside of Spain. With this deal, whic...
Wednesday, 10. January 2018

Staycity Aparthotels plans six new property openings for 2019-2020

Following a positive trading year and 12 months of significant growth Staycity Aparthotels has announced a further six new property openings for 2019-2020. Finance director Colm Whooley said that Staycity expects 2017 turnover to have grown by 25%, with strong profit margins remaining in line with that of previous years.
Tuesday, 9. January 2018
BNP Paribas REIM acquires Palatin II and III in La Défense from Commerz Real

BNP Paribas REIM acquires Palatin II and III in La Défense from Commerz Real

Accimmo Pierre, an SCPI managed by BNP Paribas REIM France, acquired the buildings Palatin II and III in La Défense (92) - a major business district in the outskirts of Paris - from Commerz Real. The ensemble of buildings has approx. 23,300 square metres of leasable space over seven storeys and had been in the portfolio of th...
Tuesday, 9. January 2018

L'Occitane and Pierre Hermé move to Galerie des Champs-Elysées

Beauty products group L'Occitane and pastry chef Pierre Hermé have decided to combine their expertise and their retail universes to offer consumers a shared store. „We are partnering with L'Occitane and Pierre Hermé in creating a welcoming and refined concept store. Rotating banners in the Galerie des Champs-Elysées shopping ...
Friday, 5. January 2018
Henderson Park acquires the Westin Paris-Vendôme from GIC

Henderson Park acquires the Westin Paris-Vendôme from GIC

Henderson Park has committed to the seller to purchase the Westin Paris-Vendôme from GIC, Singapore's sovereign wealth fund, subject to completion of antitrust clearance. GIC shall be entitled to exercise a put option to Henderson Park after the fulfilment of the seller's obligations under French labour law, i.e., the complet...
Friday, 22. December 2017
Invesco and RedTree acquire Tour Cédre in La Défense from Deka

Invesco and RedTree acquire Tour Cédre in La Défense from Deka

Invesco Real Estate and RedTree Capital have acquired the 29,400 sqm Tour Cédre in La Défense, a major business district in Paris. The property comes from the portfolio of the open-ended real estate fund WestInvest InterSelect. The sale allows the fund management to further reduce the age of its property portfolio and reduce ...
Thursday, 21. December 2017

Paris scores the top spot for global luxury retail openings in 2017

According to Savills, the city of Paris has witnessed more luxury store openings than any other city this year, attracting 5.9% of the total number of openings. The latest Global Luxury Retail Report states that Paris has this year rebounded to first place in the city ranking of global luxury retail openings, after last year...
Wednesday, 20. December 2017
SFL welcomes WeWork to the Champs-Elysées

SFL welcomes WeWork to the Champs-Elysées

SFL and WeWork France have signed a 12-year fixed-term lease for a surface area of 3,400 sq.m. in the flagship property at 92 Champs-Elysées, which was extensively remodelled in 2012. Signed just two months after the marketing campaign began, the lease also confirms the strong positioning of SFL. WeWork was represented in the...
Wednesday, 20. December 2017

Six pan-European REITS create a sustainability and innovation thinktank

Olivier Elamine (CEO of Alstria), Manfredi Catella (Founder & CEO of COIMA RES), Pere Viñolas Serra (CEO of Colonial), Méka Brunel (CEO of Gecina), Toby Courtauld (CEO of Great Portland Estates) and Bernd Stahli (CEO of NSI) agreed to create a thinktank that will group together the sustainability and innovation best practices...
Tuesday, 19. December 2017