Julien Hives

https://lnkd.in/egasREpM In the spirit of the Olympics.... Gold medals for resilience in European commercial real estate! 🏅🏢 The Q2 2024 EMEA Capital Markets Snapshot from Colliers shows our market is as unpredictable as synchronized swimming, but with some promising moves: CEE, Nordics, and Spain are sprinting ahead like Usain Bolt in his prime. Norway's transaction volumes pole-vaulted to new heights, while Sweden's performance was nothing short of a perfect 10. The UK market is warming up faster than the Olympic flame, with Asian investors eyeing London offices like they're the last medals up for grabs. Sector highlights (or should we say, podium finishers?): Hotels are going for gold across the continent. Talk about sticking the landing! 🏨 Student housing is the surprise gymnast flipping its way onto the medal stand 🤸‍♂️ Life sciences assets are swimming laps around the competition in the UK's 'Golden Triangle' 🏊‍♂️ While some investors are still doing the cautious shuffle (new Olympic sport?), optimism is spreading faster than Olympic Village gossip as we head into Q3 and Q4. Are you seeing similar Olympic-worthy performances in your local market? Or are some sectors still trying to qualify? #CommercialRealEstate #EuropeanMarkets #InvestmentTrends #Colliers #OlympicHumor

7

What's happening in the #office market in the Greater Paris Region? If you haven't read Colliers Q3 report yet, check it out. It's full of great insight and analysis! A few notable takeaways: 🏢 Overall vacancy continued to rise accross the region, reaching 9.5% (vs. 8.7% in 2023 and 5% in 2019), but still reflects significant disparities. - Newly delivered office space now represents 30% of vacant availability. - Of the 5.2 million sqm of vacant availability, only 17% is in Paris Proper and 10% in La Défense. Proof of the continued importance of accessibility and centrality for businesses. 🔥 The Central Business District and "Center West" (surrounding, central arrondissements) are still HOT! - Vacancy remains low at 3.5% (with just 15% of that being new, Class A buildings) - Prime, Class A+ rents in the CBD are now reaching €1,030/sqm annually, a 5% increase year-over-year and +38% since the end of 2019, pre-COVID. - New and recent Class A rents are up on average 7.5% to €930/sqm in the CBD and €770 in the Center West. - Incentives remain relatively limited at around 14% on average (1.7 months of free rent per year of firm lease term). 👜 The suburbs are a mixed bag. - The prestigious and well-connected Neuilly-Levallois submarket just west of Paris saw rental rates increase 5% Y-o-Y to €550/sqm for Class A buildings, and 12% to €495 for Class B and C buildings, with incentives averaging 24%. - The modern, skyscraper-filled La Défense submarket continued to see face rents adjust downwards, with a 14% drop to €425/sqm on average, and landlord incentives reaching a staggering 40% (4.8 months of free rent per year of firm lease term). New construction deliveries have finally slowed, leading to a slight downtick in vacancy to 13.7%. - The Supply-Demand imbalance remains significant in the suburbs of La Défense and the northern Paris region, with vacancy ending the quarter at 27%. With continued new deliveries and relatively few new tenants relocating to the northern suburbs, new space now represents 48% of overall availability there. 💰 With the decrease in inflation, the commercial rents index is headed back down to more normal levels (after highs upwards of 6% for four quarters!), and is anticipated to trend around 2.5 - 3% over the next few quarters. ✒ The pre-leasing rate stands at 36% on average accross the region, but varies from nearly 100% in Paris Center-West, to 24% in the "Western Crescent" suburbs, to a meager 3% in north-east Paris. Download the full report by our research director laetitia BALDESCHI below, and of course feel free to reach out with questions or if your company or someone you know needs help with their commercial real estate in France 🇫🇷! #commercialrealestate #parisoffice #marketreport #frenchrealestate

18

💡 Find out the latest trends in #office buildings thanks to our 🆕 pan-European occupier survey 🌍 ➡️Is working from home expected to continue developping? ➡️How hybrid working models have impacted real estate portfolio? ➡️What are the preferences in location and services for offfice buildings?

19

1 commentaire

Did you know that 55% of Nexity's board members are women? Let’s explore Nexity’s ESG performance for 2023. In this carousel, you’ll see their planned carbon emissions reductions, water management strategies, ESG governance, and more. With HALIRO, you can compare company performances across various topics, gaining valuable insights into risks, performance metrics, and actions taken.

15

1 commentaire

📢 Excited to share the latest European CRE research study! Big thanks to BNP Paribas Real Estate and all alliances for compiling this data! Special thanks to Antoine Giraud for the support. You can find the full research study on BNPPRE Corporate Website: https://lnkd.in/e2ncK-vf For further details, feel free to reach out to us directly. These are the main takeaways from our latest European CRE research study: 1.Global Economic Strength: The global economy is resilient, poised for +2.9% growth despite challenges. Advanced economies are accelerating, while emerging markets show a modest slowdown. Eurozone's economic activity is set to pick up, driven by improved purchasing power and falling interest rates. 2.Core Inflation Decline: Core inflation is on a downward path across G7 countries and the Eurozone, signaling stability. Despite a rebound in the US, overall inflation continues to slow. 3.Office Market Insights: Q1 2024 saw a modest start in office transactions, but resilience is evident. Quality and sustainability remain key, driving values up for modern buildings. 4.Flight to Quality Continues: Hybrid work models are here to stay, emphasizing the importance of quality workplaces. Rising demand for energy-efficient, sustainable buildings is reshaping the market. 5.Investment Outlook: While there's been a decline in investment volume, signs of stabilization are emerging. Not all sectors are affected equally, with hotel investment showing improvement. 6.Yield Stabilization: Q1 2024 marks a phase of yield stabilization across European markets, reflecting market maturation. Let's navigate the evolving economic landscape together! #GlobalEconomy #BusinessTrends #InvestmentOutlook"

18

For all the CEO’s, decision makers and startups in RE and construction: I am super delighted to invite you to my exclusive Realty Belgium (Real Estate) session with STEFAN MOSER, Deputy DIRECTOR-GENERAL of the DG Energy of the European Commission!   The esteemed speaker with divulge the EU Commission's Vision for Sustainable Real Estate: A Blueprint for the Future with a focus on decarb and energy, and how technological innovation in the EU drives the execution of it.   You will hear directly from the speaker what are the new regulations that have come into effect very recently (Energy Performance of Buildings Directive (EPBD), Revision construction regulation, EU Construction & Demolition Waste Management Protocol, …) and what we can expect in the future. He will also explain the vision behind these legislations and share with us the pain points he is seeing in our industry and how to tackle these. Date: September 18th, 2024, 13.00 – 14.00 Location: Gare Maritime, Brussels A MUST-SEE for all developers and construction companies if you want to have a heads-up of what's coming next.   And then…. last but not least… with European PropTech Association we will select again 1 Belgian PROJECT Winner and 1 Belgian STARTUP Winner of the REALTY AWARDS 2024 to be on the panel! NOT APPLIED YET TO THE REALTY AWARDS 2024? You have 2 days left! In other words: we bring you, in one session, regulation and examples of new industry standards. No ticket yet for Realty? Buy here: https://lnkd.in/eSjEA9xq? Prof. Rudy Aernoudt Dominique Moerenhout Olivier Carrette, MRICS Ursula von der Leyen Grigor Hadjiev Susanne Eickermann-Riepe FRICS Julia Arlt Stéphan Sonneville Kristiaan Pauwels #realestate #eugreendeal #construction #innovation #europeancommission #circularconstruction #retrofitting #renovationwave #dggrow #energy #innovation

64

9 commentaires

📢 We are very proud to inform you that our expert ‘Regenerative Circular Economy’ and forward thinker steven beckers was featured in the book “Oser la transition, 22 histoires belges pour inspirer l'avenir” 📖. 🌱 Steven explores further in this book the importance of industrial #urbanagriculture, which means transforming passive urban buildings through an innovation that is not only carbon neutral, but also provides a shelter for people, their well-being, their food, their drinking water, their energy, their social role, their safety and their place in a maintained environment. 🎋 The support for urban agriculture and the systemic #circulareconomy encompasses a comprehensive holistic approach involving policy and regulation, education and training, infrastructure and resources, technology and innovation, and community and social support. By fostering these elements, cities can create sustainable, resilient, and thriving urban environments that benefit both people and planet. 👉 The fully published book about this interesting lecture is available here: https://lnkd.in/ejKTyF2H #URBANAGRICULTURE #HOLISTICAPPROACH

8

Crisis couldn’t stop innovations! In the past 8 years, I was always impressed by the innovation vision and maturity of some of the large developers from France. ◾ VINCI Immobilier launched the innovation platform ◾ ICADE launched Urban Odyssey ◾ Nexity launched Nexity Lab ◾ Bouygues Immobilier, launched the BIRD investment fund back in 2015 ... What do they have in common? 👉 They’ve consistently invested more than 5% of their turnover in innovation. This bold approach allows them to stay ahead of innovation trends and stand out from their competitors. As the construction & real estate sector has entered a phase of transformation, it is not anymore a question of "if" we must invest", but rather "how" we can invest. Looking ahead, I’m particularly excited about the new initiatives emerging in Summer 2024: ◾ Aroundtown is launching its early-stage accelerator, ATechX. ◾ A developer from Iberia is rumored to be launching a new accelerator. It’s encouraging to see that even in times of crisis, innovation initiatives are not slowing down. Instead, we are witnessing the rise of a second generation of proptech, contech, and urbantech accelerators—poised to reshape the future of our industry! 💪

28

Couldn't agree more with this post! It's time for a change and a fresh perspective in the strata industry, particularly in NSW. In fact, Alex McCormick would make an excellent new President of SCA NSW, despite being a Victorian. Let's be brave and courageous together to demand change, to bring new ideas and strategies to lay the foundations for sustainable profitability, increased education of lot owners and most importantly, an improved focus on conditions for the hard working strata managers to address and protect their mental health. Standards of leadership at SCA NSW must improve drastically to ensure a bright and sustainable future. #strataindustry #leadership #freshperspective"

10

Download our latest Office Occupier Cost report and reach out to discuss your organisation's real estate strategy & challenges!

26

The latest results from the #MSCI France Biannual Property Index show France real estate total returns at +0.6% for the 6 months to end June 2024, marking a slight improvement compared to the declines observed in previous semesters. Although capital growth remained negative at -1.3%, this was a significant improvement to the -6.5% recorded in the previous semester. Hotel was the only sector benefiting from positive capital growth. Office was the only sector to post a (slightly) negative total return in aggregate, although Paris Office returns managed to stay in positive territory despite the decline of office capital values having continued in all geographic areas. The income situation remains challenging outside Paris, with a floorspace office vacancy rate still above 15% in the Western La Défense Crescent, and above 25% in the 1st and 2nd rings. The MSCI France Biannual Property Index tracks the performance of nearly 900 assets with a value of €53 billion as of June 2024. It is made up of 51% offices, 22% logistics/business premises, 15% retail, 11% residential and 1% other assets. For more information, https://lnkd.in/eqZUcreZ

13

1 commentaire

Excited to share some key insights from the GRI Beds Europe 2024! One major trend we’ve seen is the surge of institutional capital into European residential sectors. This shift in focus towards residential living sectors has been remarkable over the past five years. Here are a few highlights from our in-depth report: - Investors are showing great interest in Purpose-Built Student Accommodation (PBSA), driven by its attractive operational model and undersupplied market. - The co-living sector is emerging as a promising area, though scalability and institutional investment remain challenges. - Rising building costs and the gap between the cost of debt and rental yields are pushing the financial viability of new residential developments to their limits, leading to stalled or abandoned projects. - Bridging the funding gap requires creative financial structuring and a shift in expectations, with operational expertise becoming increasingly crucial. - The hospitality and living sectors are cross-pollinating ideas, leading to hybrid models that cater to the dynamic lifestyles and need for flexible living solutions. For more in-depth takeaways and exclusive market player insights, read the full GRI Beds Europe 2024 report below. #GRIBedsEurope2024 #RealEstate #InstitutionalInvestment #ResidentialLiving #PBSA #CoLiving #Hospitality #RealEstateInsights #MarketTrends

15

New blog post: Understanding the difference between "Province" and "Provence" in France. https://lnkd.in/eZB_N-cG #FrenchProperty #France #Provence #Province

3

Learn about the pricing, trends and property options for 11 of the lifestyle leading hotspots on the Côte d’Azur.

3

🚀 Breaking News: 𝗖𝗼𝗹𝗼𝗺𝗯𝘂𝘀 𝗔𝘀𝘀𝗲𝘁 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 has officially joined 𝗠𝗮𝗴𝗺𝗮’𝘀 𝗘𝗮𝗿𝗹𝘆 𝗔𝗱𝗼𝗽𝘁𝗲𝗿 𝗣𝗿𝗼𝗴𝗿𝗮𝗺! 🌋 We are thrilled to announce that 𝗖𝗼𝗹𝗼𝗺𝗯𝘂𝘀 𝗔𝘀𝘀𝗲𝘁 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁—a leader in real estate asset management—will be pioneering the digital transformation of its building portfolio by creating digital assets using our 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗧𝘄𝗶𝗻 𝗧𝗼𝗸𝗲𝗻 (𝗗𝗧𝗧®) technology. 🏢 With this partnership, 𝗖𝗼𝗹𝗼𝗺𝗯𝘂𝘀 𝗔𝘀𝘀𝗲𝘁 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 is embracing a major step on digitizing properties to 𝗲𝗻𝗵𝗮𝗻𝗰𝗲 𝘁𝗿𝗮𝗰𝗲𝗮𝗯𝗶𝗹𝗶𝘁𝘆, 𝗶𝗺𝗽𝗿𝗼𝘃𝗲 𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗲𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆, and 𝗿𝗲𝗱𝘂𝗰𝗲 𝗲𝗻𝗲𝗿𝗴𝘆 𝗰𝗼𝗻𝘀𝘂𝗺𝗽𝘁𝗶𝗼𝗻 while creating digital value by combining the power of #digitaltwins and #blockchain. What this means for the future of real estate: 💎 Immutable and secure record of events and objects for data traceability and reporting 🛠️ Energy performance and Maintenance optimization with real-time data insights 🌱 Sustainability with reduced operational costs and carbon footprint Leveraging our recent partnership with Akila, Magma will deploy a complete solution including Digital Twins and software suites developed by Akila. This collaboration will provide 𝗖𝗼𝗹𝗼𝗺𝗯𝘂𝘀 𝗔𝘀𝘀𝗲𝘁 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 with a 𝗰𝗼𝗺𝗽𝗹𝗲𝘁𝗲 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝘁𝗼 𝗱𝗿𝗶𝘃𝗲 𝗹𝗼𝗻𝗴-𝘁𝗲𝗿𝗺 𝘃𝗮𝗹𝘂𝗲 through #AI technology and #smartbuilding management. Stay tuned as we continue to push the boundaries of what’s possible in real estate innovation. 🔗 https://lnkd.in/ejhcCq6f #RWA #DePIN #AssetManagement #PropertyManagement Groupe Colombus Thierry Leclerc Jeremie Ifrah Matthieu Merchadou

42

59 commentaires

An interesting look into the European triple net lease market, its size & the attractions of investing in the segment. Market conditions make it an attractive play on a risk adjusted basis.

1

Only at Realty Belgium (Real Estate) 2024: The European Commission’s regulations for Circularity & Retrofitting: directives, benchmarks and leading practices. Every year I bring you brand new topics and speakers of the European Commission and other EU Institutions, and this year I am honoured to announce Mister Pieter Staelens, Policy Officer, DG Grow, of the European Commission who will give a keynote about regulation (current and future) for circularity and retrofitting, including the EPBD. A MUST-SEE for all developers and construction companies if you want to have a heads-up of what's coming next.   Our expert speaker will also explain the vision behind these legislations and share with us the pain points he is seeing in our industry and how to tackle these.   And why not continue with a showcase of best practices? Happy to invite to the stage Miss Sunita Van Heers, Founder & Managing Director of SuREAL, who will demonstrate successful projects she has accompanied in the field of circularity and retrofitting.   And then…. last but not least… the keynote will be followed by a panel of experts and I will select 1 Belgian PROJECT Winner and 1 Belgian STARTUP Winner of the REALTY AWARDS 2024 to be on the panel! NOT APPLIED YET TO THE REALTY AWARDS 2024? You have 2 days left!   In other words: we bring you, in one session, regulation and examples of new industry standards.   Date: September 17th, 2024, 13.00 – 14.00 Location: Gare Maritime, Brussels   No ticket yet for Realty? Buy here: https://lnkd.in/eSjEA9xq? Prof. Rudy Aernoudt Dominique Moerenhout Olivier Carrette, MRICS Alina-Stefania Ujupan Ursula von der Leyen Philippe Moseley Grigor Hadjiev #realestate #eugreendeal #construction #innovation #europeancommission #circularconstruction #retrofitting #renovationwave #dggrow

55

7 commentaires