The French real estate imarket has seen €2.1 bn of transactions so far this year, according to the latest research from Keops - Colliers International.
The French real estate imarket has seen €2.1 bn of transactions so far this year, according to the latest research from Keops - Colliers International.
The property adviser said investor confidence is currently strong and 2013 has got off to a good start. Based on published prices, five transactions of over €100 mln, for a total of €900 mln, took place in January-February.
Keops - Colliers International estimates the total annual volume for France at between €12 bn and €14 bn in 2013, especially as prime yields are still near their historic cyclical lows for both office and retail trophy assets. They currently stand around 4.25-4.5%.
'Compared to last year, the fluidity of capital flow is improving, whilst mega-deals are in turn less significant,' the adviser said. 'This was anticipated, given the high number of large transactions signed towards end-2012.'
