Savills Investment Management (Savills IM) has acquired two properties in Lyon, France, and Milan, Italy, for a total of approximately €110 million for the investment mandate of a southern German pension fund. The purchase in Milan is an off-market transaction. These are the first purchases in France and Italy for the portfolio, which has been…
France
New research from Sony Professional Displays & Solutions reveals UK and German retailers are preparing proactively for the critical Christmas and New Year trading period as their counterparts in France adopt a more laissez-faire approach. Despite retailers entering the first un-disrupted Christmas since 2019, close to half (43%) of those in the Europe are concerned…
Sodexo and Stop Hunger have launched a region-wide partnership with the European Food Banks Federation (FEBA) to prevent food waste and help alleviate food insecurity. The new initiative builds on an existing collaboration between the organisations at the European and local levels by formally recognising FEBA, which represents a network of more than 340 food…
The Lufthansa lounge at Dulles International Airport in Washington D.C. has welcomed a futuristic new employee. Named LUFTH-I, this beta-stage robotic busser from Bear Robotics is helping employees by quickly collecting dirty dishes and glassware as it roams the lounge. LUFTH-I is then able to autonomously go to the cleaning area to drop off dishes…
Sustainability and seasonality are at the core of Wildgreen, a new menu concept developed by Elior Group for the UK market. Created by dietitians in response to research revealing customers have been making environmentally conscious decisions in relation to their food choices, with sales of plant-based and vegetarian choices increasing by 23 per cent and…
International real estate investment manager Savills Investment Management (Savills IM) has acquired three logistics properties in France for a total €72 million on behalf of its European Logistics Fund 3 (ELF 3). The ELF 3 portfolio now comprises 15 properties in five countries. In Dijon, an inner-city cross dock facility to serve the last mile…
Michael Vater, a Partner with The Ticktin Law Group, has been Selected for Oral Argument in a case before the Florida Second District Court involving a mortgage foreclosure action against a homeowner in which the primary defense is based on the Plaintiff’s failure to prove its standing and comply with conditions precedent. The appellate court…
ProVeg International has welcomed the suspension by France’s highest court of a Decree banning “meaty” names for plant-based products, which was scheduled to take effect in October 2022. The Conseil d’Etat expressed doubts over the legality of the Decree after ruling that providing consumers with information was insufficient justification for its introduction. Jasmijn de Boo,…
Atalian Holding Development & Strategy (“AHDS”), the majority shareholder of La Financiere Atalian (“Atalian”), and the minority shareholders of Atalian, have received a binding and irrevocable offer from Clayton, Dubilier & Rice (“CD&R”), a global private investment firm, for the acquisition by CD&R of the entire share capital and voting rights of global facility services…
Global multi-energy company TotalEnergies and Veolia have signed an agreement to start the construction of the Sultanate of Oman’s largest solar photovoltaic (PV) system providing power for a desalination plant in the city of Sur. The power plant will be located on the site of the Sharqiyah Desalination plant, which is a reference in Oman…
Schneider Electric has achieved an Honourable Mention in the Architecture category of Fast Company’s 2022 ‘World Changing Ideas Awards’ for IntenCity, its new net-zero carbon in building operation Building of the Future in Grenoble, France. With buildings responsible for an estimated 40 per cent of global CO2 emissions and more than 30 per cent of the…
An innovative labelling scheme developed by ENGIE in partnership with Bureau Veritas is to be rolled out across the company’s renewable energy sites in France, bringing greater transparency to its environmental commitments. The TED – Transition Energétique Durable (“Sustainable Energy Transition”) labelling scheme will be certified by Bureau Veritas and build on nine existing commitments…
BNP Paribas Real Estate (BNPPRE) has announced the strategic appointed of Fergus Keane from Cushman & Wakefield as the new Head of its Central London Office Investment team. Keane, currently an international partner in Cushman & Wakefield’s London Markets team, has over two decades of experience in commercial property throughout the UK and Ireland. Working…
Sodexo is celebrating seven Gold Medal Awards at the 2022 RoSPA Health and Safety Awards. Its corporate services business also received the President’s Award for over ten consecutive years of receiving a Gold Medal, and the Sodexo Property Professional Services business also won the [email protected]@home trophy. RoSPA’s Health and Safety awards are internationally recognised and…
Allianz Holdings has appointed Colliers as its preferred UK real estate partner to deliver a new ways of working review focused on the insurer’s ESG objectives, with the additional objective of maximising the efficiency of its real estate through the use of technology and innovation. Allianz’s Property and Workspace Services team issued a competitive request…
A new report from Moody’s identifies persistent inflation and low economic growth as the biggest risks to credit quality in Europe’s otherwise liquid real estate sector. Sector-In-Depth-Real-Estate-Europe-10Mar22-1
Nestlé is deploying EcoStruxure Asset Advisor, Schneider Electric’s connected operational resiliency and efficiency platform at the Nescafé plant in Toluca, Mexico City. With daily production of approximately one million jars of coffee a day, the plant is Nescafé’s – as well as the world’s – largest facility of its type, and key to the…
Sabina Enu-Kwesi has joined PropTech innovator WeMaintain from Otis Elevators as customer success manager. Her appointment follows a €30 million Series B funding round by the company which is based in London, Paris and Singapore. WeMaintain’s internet of things (IoT) platforms provide owners and operators of commercial and residential buildings with end-to-end critical maintenance solutions…
Video wall display and control solutions brand Datapath has expanded its business development team with two senior European appointments. For Southern Europe, covering Spain, Portugal and Italy, the company welcomes Carmen Jerez as regional sales manager. Based in Madrid, Carmen brings extensive experience in AV technical support and management following a strong history of success…
02.12.2021, 19:18 Tackling Climate Change: Why Electric Boilers are in Vogue Again Robert Presser, vice-president of Montreal-based Acme Engineering Products, explains why electric stream and hot water boilers are the logical choice in the race to achieve net zero The threat of global warming and government-level commitments to the Paris Accord on Climate Change are…
17.06.2021, 12:46 Sodexo Signs L’Autre Cercle LGBT+ Commitment Charter Sodexo has become the latest signatory to the Commitment Charter from L’Autre Cercle, France’s leading advocacy organisation for the inclusion of LGBT+ people at work. Launched in 1997, L’Autre Cercle aims to promote employee development policies that respect people in all their diversity, regardless of their sexual orientation…
27.05.2021, 14:21 Just Eat-Sodexo Partnership Launches in Belgium Just Eat Takeaway.com and Sodexo have selected Belgium for the launch of a new partnership that will allow users of the global online food delivery marketplace to pay with Sodexo’s meal card. Meals may now be ordered at a wide variety of Belgian restaurants via the Takeaway.com website and…
06.05.2021, 13:14 Eliminating Indoor Airborne Pathogens A new filterless air purification system from Genano Oy eliminates bacteria and viruses carried by indoor air. Marketed as the only air purifier on the market that is capable of removing particles down to .003 µm in size, Genano’s air decontamination technology uses a patented cold-plasma based on powerful…
09.04.2021, 10:25 Offering Uber Eats to Sodexo Employees Sodexo Pass Restaurant card holders in France will be the first beneficiaries of a global agreement that allows meals to be ordered and delivered through the Uber Eats app. The new service which utilises APIs to integrate the card with Uber Eats, will eventually allow hundreds of thousands of…
18.03.2021, 11:08 Groupe Renault Joins EV Battery Recycling Coalition Groupe Renault has joined a global collaboration launched in September 2020 by Veolia and Solvay to support closed loop recycling of end-of-life electric vehicle batteries as part of the circular economy. With the number of electric vehicles on the road expected to grow globally from…
30.07.2020, 10:04 Launch of INEOS Hygienics INEOS have launched a new healthcare business with support from the Mercedes-AMG Petronas Formula One Team to produce hospital-grade hand gels and sanitiser products. The business, which will be headquartered in the UK, will operate manufacturing plants at Newton Aycliffe in the UK, Herne in Germany, Etain in France,…
AkzoNobel Hammerite’s brand has launched a new range of waterborne protective coatings for direct application to new and corroded metal. Hammerite Ultima is suitable for use on all types of metal and provides a supreme protective barrier. It can also be applied directly onto any metal surface without the need for a primer. The key…
19.03.2020, 14:13 A Tale of Two Caterers Sodexo shares have risen 4 per cent following a statement the company expects its Half-Year 2020 performance to be broadly in line with previous forecasts, with Compass Group shares falling by a similar amount in afternoon trading in response to a revised earnings statement and negative investor sentiment…
16.12.2019, 13:38 Divestment of ISS Hygiène et Prévention ISS has completed a divestment of ISS Hygiène et Prévention in France to Weinberg Capital Partners after entering into exclusive negotiations on 6 September. Founded in 1965, ISS Hygiène et Prévention is a leading provider of route-based hygiene and prevention services to the French market. Services offered…
16.12.2019, 13:02 Sodexo CSR Chief Elected President of French Services Professions Association (GPS) Damien Verdier, Sodexo’s Group Chief Strategy and Corporate Responsibility Officer, will succeed Christian Nibourel, former chairman of Accenture France and Benelux, as President of the French Services Professions Association (“GPS”) in January following his selection by its members. Verdier joined Sodexo in…
25.11.2019, 13:27 Haulier Payment Solution Expands to Germany SNAP Account, a smart payment solution used by almost 4,000 haulage fleets in the UK and France for parking and washes, is launching in Germany. Registered users simply turn up on site, provide their license plate details, and their payment is invoiced to the driver’s employer directly.…