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Covivio SA (FDR.PA)

FDR.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Covivio H1 EPRA Earnings Up At EUR 191.6 Mln
Thursday, 19 Jul 2018 

July 19 (Reuters) - COVIVIO SA ::OCCUPANCY RATE IN H1 2018‍​ 97.4 PERCENT VERSUS 97.9 PERCENT IN 2017.H1 EPRA EARNINGS EUR 191.6 MLN‍​ VERSUS EUR 182.7 MILLION YEAR AGO.H1 OPERATING INCOME EUR 869.6 MILLION VERSUS EUR 896.3 MILLION YEAR AGO.H1 NET RESULT GROUP SHARE EUR 465.3 MILLION VERSUS EUR 489.0 MILLION YEAR AGO.2018 OUTLOOK CONFIRMED.2018 OBJECTIVE OF GROWTH OF THE EPRA EARNINGS PER SHARE OF AROUND 3 PERCENT.  Full Article

Fonciere Des Regions Becomes Covivio
Tuesday, 29 May 2018 

May 29 (Reuters) - FONCIERE DES REGIONS SA ::SAYS COVIVIO IS ITS NEW NAME.  Full Article

Fonciere Des Regions to finance UK hotels takeover deal via capital increase
Thursday, 3 May 2018 

May 3 (Reuters) - Fonciere Des Regions ::* To finance this transaction, Foncière des Murs, a subsidiary of Foncière des Régions, has in particular planned an increase of its share capital in the amount of c. €300 million, to be subscribed by all its major shareholders .* Foncière des Régions, through its dedicated hotel subsidiary Foncière des Murs, has signed an agreement to buy an iconic portfolio of 14 four and five-star hotels from Starwood Capital for £858M.* Deal was earlier announced by Starwood .* Fonciere des Regions adds that deal marks its first entry into the British market.  Full Article

Fonciere des Regions in talks with Starwood over buying UK hotels
Tuesday, 27 Mar 2018 

March 27 (Reuters) - Fonciere Des Regions Sa ::* Foncière des Régions has confirmed that exclusive-rights discussions are underway with Starwood Capital for the purpose of acquiring a portfolio of fourteen 4- and 5-star hotels in major cities across the UK .* This portfolio, including an establishment currently under development, operates under the name of Principal Hotels Company .* Depending on how quickly discussions move forward, transaction could be finalised by end H1 2018, adds Fonciere des Regions .  Full Article

Fonciere Des Regions Sells Non-Strategic Assets Amounting To Nearly 290 Million Euros
Friday, 8 Dec 2017 

Dec 8 (Reuters) - FONCIERE DES REGIONS SA ::SELLS NON-STRATEGIC ASSETS AMOUNTING TO NEARLY €290 MILLION.  Full Article

Fonciere des Regions issues 916,951 new shares in exchange for the contribution in shares of FDL
Thursday, 23 Nov 2017 

Nov 23 (Reuters) - FONCIERE DES REGIONS SA ::ISSUES 916,951 NEW SHARES‍​.ISSUE OF NEW SHARES IN CONSIDERATION FOR THE CONTRIBUTION OF FONCIERE DEVELOPPEMENT LOGEMENTS <<>> SHARES.‍​.  Full Article

Fonciere des Regions announces investment partnership with Assurances du Credit Mutuel
Tuesday, 21 Nov 2017 

Nov 21 (Reuters) - FONCIERE DES REGIONS ::LAUNCHES OPERATION "SILEX" IN LYON, REPRESENTING INVESTMENT OF EUR 166 MLN.CONSTRUCTION WORKS TO START AT END OF THIS YR, PROJECTS TO BE DELIVERED AT END 2020.ANNOUNCES SHARING OF SILEX PROPERTIES WITH ASSURANCES DU CREDIT MUTUEL UNDER 50.1%/49.9% INVESTMENT PARTNERSHIP.  Full Article

Fonciere des Regions strengthens partnership with NH Hotel Group‍​
Friday, 17 Nov 2017 

Nov 17 (Reuters) - FONCIERE DES REGIONS SA : :STRENGTHENS PARTNERSHIP WITH NH HOTEL GROUP‍​.DEFINITIVE ACQUISITIONS REPRESENT INVESTMENT OF EUR 111 MILLION AND ARE EXPECTED TO BE COMPLETED BETWEEN END 2018 AND BEGINNING OF 2019‍​.PARTNERSHIP STRENGTHENING REGARDING ACQUISITION OPTION OF FOUR HOTELS IN GERMANY AND NETHERLANDS.  Full Article

Fonciere des Regions rental income rises to 693‍​ million euros at end september
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - FONCIERE DES REGIONS SA ::OCCUPANCY RATE AT END SEPT ‍​97 PERCENT VERSUS 96.7 PERCENT AT END 2016.RENTAL INCOME AT END SEPT EUR 693‍​ MILLION, UP 2 PERCENT AT CONSTANT SCOPE.  Full Article

Fonciere des Regions: preparations to delist Fonciere Developpement Logements‍​
Monday, 23 Oct 2017 

Oct 23 (Reuters) - FONCIERE DES REGIONS SA ::PREPARING TO DELIST FONCIÈRE DÉVELOPPEMENT LOGEMENTS‍​.TO OWN 99.8 PERCENT OF CAPITAL IN FDL AND LAUNCH A PUBLIC REPURCHASE OFFER IN NOV 2017 FOLLOWED BY A SQUEEZE-OUT‍​.SIGNED TRANSFER AGREEMENT WITH CARDIF, CRÉDIT AGRICOLE ASSURANCES AND GENERALI VIE FOR CONTRIBUTION OF THEIR 38.6% STAKE IN FDL.CONTRIBUTIONS TO BE REALIZED BY END-NOVEMBER WILL BE REMUNERATED C.30% IN CASH (AT €4.65 PER FDL SHARE).CONTRIBUTIONS, TO BE REALIZED BY END-NOVEMBER, WILL BE REMUNERATED C.70% IN EXCHANGE OF FDR SHARES (1 FDR SHARE FOR 20 FDL SHARES).PRICE OF PUBLIC REPURCHASE OFFER TO BE SET AT €8.06.THIS SIMPLIFICATION PROCESS WILL STRENGTHEN EQUITY OF FONCIÈRE DES RÉGIONS (ABOUT €74 MILLION).  Full Article

France's Fonciere des Regions enters UK market in $1.2 billion hotels takeover deal

PARIS French property group Fonciere des Regions made its first foray into the British market on Thursday, in a deal to buy 14 upmarket hotels from Starwood Capital for 858 million pounds ($1.2 billion).