Atisreal: volume of French property investment grows 25% in 2006

MUNICH - The volume of investment transactions in the French property market is set to rise by 25% this year to EUR 25 bn, according to Etienne Pronque, senior consultant at Paris-based property advisor Atisreal. The expected increase for 2006 is double the 2004 figure.

The growth of the French property investment market is being fuelled by a rising number of portfolio transactions. In the first nine months alone, there were 31 portfolio deals accounting for EUR 6 bn. The size of the transactions was also big with 40 valued in excess of EUR 100 mln. 'The market is recovering to such an extent that landlords will no longer need to give tenants incentives in 2007.'