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France

La Française REM secures residence for seniors in Northern France

La Française Real Estate Managers, acting on behalf of Crédit Mutuel Nord Europe and its real estate investment company, has acquired off-plan a serviced residence for seniors. The residence, located at avenue du Bois in Villeneuve d'Ascq, was acquired off-market from Icade and Groupe Duval.
Friday, 26. January 2024

La Française REM acquires residence for seniors in Chaville

La Française Real Estate Managers, acting on behalf of a collective real estate investment vehicle, has acquired off market a coliving residence for seniors, located at 9 avenue Sainte Marie in Chaville and operated by Chez Jeannette, under a 12-year lease.
Thursday, 25. January 2024

AEW acquires Clinique du Parc private health facility in Lyon

AEW acquires Clinique du Parc, a leading private health facility in Lyon, from Primonial REIM France. The asset was built in 2007 and totals over 15,000 sqm spread across two buildings, plus 112 parking spaces in the basement. The clinic is operated by the Elsan Group and is let on a 12-year lease which took effect in 2023.
Thursday, 25. January 2024

La Francaise REM buys a higher education facility in Bordeaux

La Française Real Estate Managers (REM), acting on behalf of a closed-ended real estate investment vehicle, has acquired off-plan a 1,935 m² higher education facility, located on boulevard Godard in Bordeaux, the 9th biggest city in France.
Monday, 22. January 2024

High-energy offices in top 7 metropolitan areas remain in demand

High-energy offices remain in demand in Germany's top 7 metropolitan areas. This is the result of a recent research study by the Empira Group. Compared to other major European cities, the need for investment to renew the German stock is very high. A total of 24 metropolitan areas were analyzed.
Thursday, 11. January 2024

Uxco Group acquires student scheme in Chambéry

Uxc Group is pursuing its strong growth with a fifth acquisition in Forward Funding development in France in 2023: the future Uxco Student residence in Chambéry. This latest operation by the company, which is majority-owned by Brookfield, enables it to end the year on a high with more than €200 million invested in 2023 for 5 ...
Wednesday, 27. December 2023

La Française REM and EDF Invest acquire the Memphis building in Paris

La Française Real Estate Managers (REM), acting on behalf of two collective real estate investment vehicles, and EDF Invest have acquired the Memphis building, a mixed-use property, office and retail, located at 111 avenue de France in the 13th arrondissement of Paris. Asset management is entrusted to the Institutional divisi...
Thursday, 21. December 2023

VGP and Areim form €1.5bn joint venture

VGP to announce the establishment of a new 50:50 Joint Venture named “Saga” with Areim, an independent fund manager and property owner headquartered in Stockholm.
Monday, 18. December 2023

Office take-up in Paris sub-markets on the rise

According to Savills latest research, the Paris Peri-Défense sub-market is seeing significant growth in office take up (+9% in Q3 2023 compared with Q3 2022), attracting occupiers due to strong supply and low rental prices.
Monday, 18. December 2023

Radisson to open hotel in Paris' Triangle project

Radisson Blu will open a hotel in 2026 in the Triangle project, a new flagship Parisian destination. The hotel chain has sigened an agreement with Unibail-Rodamco-Westfield and Axa IM Alts.
Friday, 15. December 2023

Valor acquires South Paris last mile logistics warehouse

Valor Real Estate Partners has completed the acquisition of a 6,000 sqm urban logistics asset in Wissous, Paris. Acquired off market from a private seller, Valor’s intends to undertake a refurbishment programme to deliver a highly functional, cross docked facility with strong ESG credentials.
Tuesday, 12. December 2023

Ardian approves new General Management team

On 22 November 2023, the following appointments were approved at Ardian's Annual General Meeting by a significant majority. Mark Benedetti as Executive President of the Ardian General Management Team and Mathias Burghardt, Vladimir Colas and Jan Philipp Schmitz as Executive Vice Presidents.
Friday, 24. November 2023