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The Greater Paris Region market continued to perform well with over 1.3 million sq m of office transactions over H1 2018 (+15% year on year).
Year-on-year increases ranging from +4% to +28% were recorded across all space segments.
A key point this quarter is that office vacancy in the Greater Paris Region fell to near 3 million sq m (-12% year on year).
Year-on-year increases were seen for prime headline rents in most markets in the region, with a level reaching €780 /sq m/year in the Paris CBD.
€9.1 billion was invested in the Greater Paris Region over H1 2018; this represents a 69% year-on-year increase and is almost twice as high as the long-term average.
28 transactions for lots sizes over €100 million have been recorded since the beginning of the year; a record level for the H1 period.
Since the beginning of the year, investments in Paris have reached €5 billion, equivalent to 54% of activity in the region.
Foreign investors, who have been very active since the end of 2017, continued to invest over the last quarter. Since the beginning of the year these investors have invested €3.7 billion, or 41% of activity.
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12 July 2018