Greater Paris Region Capital Markets Dynamics, Q4 2024
Summary and analysis of Greater Paris Region's current capital markets conditions.
- Soline Vinçon
Despite an active final quarter, with €2 billion in investments (+59% more than over the same period last year), the Greater Paris Region investment market fell sharply this year (-23%), to just €5.4 billion. The main reason for this fall was the very low level of activity over H1 2024, with €2bn invested (compared with €4.4bn over H1 2023). 63% of the overall volume was recorded over H2, pointing to an improvement in the market.
Most real estate yields remained stable over Q4, such as retail which remained at 4.35%. However, there were some exceptions: industrial and logistics saw yields fall by -10 bps to 5.80% and 4.80% respectively. The office yield in the CBD fell to 4% and the yield in Neuilly/Levallois to 4.75%.