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» Chronological View: " France " «

Mercedes Benz IDC Europe wraps up the Nautilus transaction

The project, based near the Antibes in the heart of the Sophia Antipolis Science and Technology Park, will permit Mercedes to create an international design center. With a length of 50 metres and a width of 20 metres, the cylindrical structure lies embedded in a pine forrest. This operation was assisted by JLL and Cushman & W...
Monday, 23. April 2018

AccorHotels reports strong growth in Q1 2018

After reporting a 9.5% increase revenues in the first quarter 2018, which totals €633 million, AccorHotels is optimistic about its prospects for the year. Revenue growth was driven by robust business in Europe and Asia while growth resumed in Brazil. The group’s RevPAR grew by 5.3%, with good performances in the vast majority...
Monday, 23. April 2018

Unibail-Rodamco’s acquisition of Westfield approved by Ornane holders

Unibail-Rodamco’s acquisition of Westfield was approved by more than 99% of the vote of the 2014 and 2015 Ornane holders. The Ornane holders adopted all resolutions submitted to them in connection with the proposed acquisition of Westfield Corporation by Unibail-Rodamco and the required amendments of Section 4 „Description of...
Monday, 23. April 2018
BMO Real Estate Partners appoints Alexandre Akrap as European Logistics Manager

BMO Real Estate Partners appoints Alexandre Akrap as European Logistics Manager

BMO Real Estate Partners has further expanded its European team with the appointment of Alexandre Akrap as European Logistics Manager. Following the announcement in March of Lea Castelli and Nadia Baïleche joining BMO REP, as European Retail Manager – Food & Beverage and European Asset Manager respectively, the team in Paris ...
Monday, 23. April 2018

Residential property in France: healthy purchasing power for real estate

The ability of households in France to purchase real estate finished 2017 at a high level, with a value of 114 compared to the base average level of 100. In other words, at the end of 2017, households were able to buy 14% more space than their average ability over the long term. „Households' ability to acquire real estate cha...
Thursday, 19. April 2018
Leyla Maghsoodi-Parson joins BNP Paribas Real Estate as Alliance Network Officer

Leyla Maghsoodi-Parson joins BNP Paribas Real Estate as Alliance Network Officer

38-year old Leyla Maghsoodi-Parsons joined, as Alliances Network Officer, the International Advisory coordination team of BNP Paribas Real Estate led by Aymeric Le Roux, Executive Director. Reporting to Lou Cellier, Deputy Director Alliance s Network, she will develop international partnerships expanding the All...
Tuesday, 17. April 2018
Ivanhoé Cambridge hires LaSalle IM's Habra as head of Europe

Ivanhoé Cambridge hires LaSalle IM's Habra as head of Europe

Ivanhoé Cambridge has appointed Karim Habra, LaSalle Investment Management’s head of continental Europe, as Head of Europe. He will be responsible for the company’s European platform and its future growth. Habra, who begins his role in July, will be based in the company’s European headquarters in Paris.
Friday, 13. April 2018
Montea signs two new leases for Liege Airport

Montea signs two new leases for Liege Airport

As already announced on 8 November 2017, Montea started at Liège Airport with the development of ca. 20,000 m² in warehouse units and related offices. In phase 1 and 2, ca. 12,200 m² are being developed, 5,200 m² of which have already been let to Malysse-Sterima (phase 1). In the meantime, Montea has let the remaining floors...
Friday, 13. April 2018
Laurent Bataille appointed as Gecina’s Technical Director

Laurent Bataille appointed as Gecina’s Technical Director

Laurent Bataille has joined Gecina as Technical Director, reporting to Valérie Britay, Executive Director Offices. He will be responsible for office and residential assets. He will also provide support and expertise for the Group’s development projects and investments.
Friday, 13. April 2018

New Holiday Inn Express opens at Charles De Gaulle Airport

Directly connected to Terminal 1, the largest Holiday Inn Express in France has opened at the Charles de Gaulle (CDG) Airport. The newly built 305-room „Holiday Inn Express Paris - CDG Airport“ offers space which for business meetings as well as easy access to Charles De Gaulle Airport as well as speedy transport links into c...
Friday, 13. April 2018

SFL expands its team with Nicolas Tennevet and Stéphane Blanc

SFL appointed Nicolas Tennevet and Stéphane Blanc to its Technical and Development Department. Nicolas Tennevet has been appointed Development and Major Projects Director, overseeing and coordinating redevelopment projects, while Blanc has been appointed Engineering and Sustainable Operations Director, in charge of the techni...
Thursday, 12. April 2018
PGGM, Redevco launch €550m European CRE JV

PGGM, Redevco launch €550m European CRE JV

PGGM Private Real Estate and Redevco have launched Urban Retail Ventures, a €550 million European commercial real estate joint venture. Urban Retail Ventures will invest in the most favourable shopping and leisure destinations in Europe, focusing on cities that are winning the battle as quality retail locations. The joint ven...
Thursday, 12. April 2018

Gecina concludes with ING France the first sustainable improvement loan indexed

Gecina has signed with ING France a €150m sustainability performance-linked loan with its margin depending, among others, on its Environmental, Social and Governance (ESG) performance measured by its GRESB Rating (Global Real Estate Sustainability Benchmark). This is the first Commercial Real Estate GRESB reflected into a sus...
Tuesday, 10. April 2018
Cycas to manage Hyatt’s first European dual-branded hotel

Cycas to manage Hyatt’s first European dual-branded hotel

Cycas Hospitality is continuing its international rollout by signing its inaugural deal in France, which will see it manage the rst dual-branded Hyatt property in Europe. The hotel operator has signed a lease agreement to operate the Hyatt Place and Hyatt House hotels, which are both on one site, close to Paris Charles De Ga...
Tuesday, 10. April 2018
Real I.S. acquires office building in Lyon for “BGV VII Europa”

Real I.S. acquires office building in Lyon for “BGV VII Europa”

Real I.S. has acquired the fully let “Docksite” office building in the business district of Lyon-Vaise for its "Real I.S. BGV VII Europa” real estate special AIF. The seller of the property in the Rue des Docks 47-5 is a fund of DWS. The parties have agreed to keep the purchase price confidential.
Monday, 9. April 2018
Vastned acquires and divests properties

Vastned acquires and divests properties

Vastned has expanded its core city assets portfolio by making two acquisitions in Utrecht for €15.1 million in total. Also, non-strategic properties were sold in the Netherlands and France for a total of €20.8 million. Furthermore, Ronald Beemsterboer was appointed as new Investor Relations Manager as of 1 April 2018.
Friday, 6. April 2018

Icade Santé acquires a portfolio of 14 nursing homes for €189 million

Icade Santé is making its first investment in the nursing home sector through the acquisition of 14 health facilities, for €189 million, from the Residalya network, a subsidiary of the Ackermans & van Haaren Group. Residalya will remain the tenant and operator of these 14 sites, under new 12-year leases with no break options....
Wednesday, 4. April 2018