France saw some EUR 13 bn invested in commercial real estate in the first half of 2007, the highest figure ever, according to data from CB Richard Ellis. A total of 47 portfolio transactions were recorded during the first six months of the year, compared to 27 in the same period a year earlier. Offices remained the most sought-after type of product by investors accounting for 76% of investments during the first half of 2007. Average vacancy rates in the Paris region currently stand at 5%, stable from a year earlier. In the second quarter of 2007, rent increases started to accelerate, reaching 4%, and this trend is expected to continue through the rest of 2007.
France saw some EUR 13 bn invested in commercial real estate in the first half of 2007, the highest figure ever, according to data from CB Richard Ellis. A total of 47 portfolio transactions were recorded during the first six months of the year, compared to 27 in the same period a year earlier. Offices remained the most sought-after type of product by investors accounting for 76% of investments during the first half of 2007. Average vacancy rates in the Paris region currently stand at 5%, stable from a year earlier. In the second quarter of 2007, rent increases started to accelerate, reaching 4%, and this trend is expected to continue through the rest of 2007.
Click on the link below to go to PropertyEU Website to read our deal analysis for the first half of 2007.
