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France Living Capital Markets Dynamics, Q3 2024
Summary and analysis of France's current living capital markets conditions
22 novembre 2024
Contributors:
- Delphine Mahé
A total of €581m was invested in the French residential market in Q3 2024, a lower volume than in Q1 (€822m) and Q2 (€847m). A total of €2.2bn was invested over the last 9 months, up 7% year-on-year and 40% below the 5-year average (-21% if we exclude the mega portfolios recorded in 2021 and 2022).
With €1.9 billion invested, traditional residential assets posted a 49% year-on-year increase. On the other hand, managed assets, with €355 million invested compared with €835 million a year earlier, saw their performance fall by 58% year-on-year.
As with other asset classes, prime yields on residential assets stabilised this quarter.