DEAL

Benson Elliot and GCI complete 22,000 sq m pre-let of major Paris office redevelopment

Benson Elliot and GCI complete 22,000 sq m pre-let of major Paris office redevelopment

A joint venture between Benson Elliot, a London-based private equity real estate manager, Générale Continentale Investissements (GCI), a Paris real estate investment group, Canadian institution Alberta Investment Management Corporation (AIMCo) and 21st Capital, has pre-let the entirety of its Latitude office building to Sopra Steria. 

RESEARCH

Real estate assets to fall by up to 10 per cent or more in value, but will bounce back by 2021, says Duff & Phelps

Real estate assets to fall by up to 10 per cent or more in value, but will bounce back by 2021, says Duff & Phelps

Duff & Phelps, a provider of governance, risk and transparency solutions, has published a survey revealing that nearly four in 10 investors (39 per cent) expect commercial real estate assets to fall between 5-10 per cent in value in 2020, whilst nearly a third (31 per cent) predict a fall of 10 per cent or more as a result of the pandemic.