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The office market in the Greater Paris Q3 2013 Paris France

- The leasing market continues to slow, impacted by the sharp drop in turnkey transactions.
- Immediate supply continues to rise while new supply remains contained.
- Rents remain under pressure.
- More than €7.9 billion has been invested since the beginning of 2013, an increase of 8% in a year.
- Twenty transactions exceeding €100 million were recorded in the first nine months of the year.
- The key prime yield in the Central Business District is stable in a range between 4.50 and 5.00%.

At the end of Q3, the leasing market was down by 30% compared to last year, with 1.3 million sq m of take-up in the Greater Paris Region. This difference is no surprise since solely Q3 of 2012 was exceptionally active, with the completion of transactions by the Ministry of Defence (135,000 sq m in the 15th district), France Télécom (70,000 sq m in Châtillon), Sanofi (50,000 sq m in Gentilly) or Thalès (49,000 sq m in Vélizy).​

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