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Rising investment in French commercial property
Friday, January 20, 2012
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During the final three months of 2011, France recorded its highest commercial property transaction volume since the third quarter of 2007.
Figures released by CB Richard Ellis (CBRE) revealed that investment in French commercial real estate climbed by 65 per cent between the third and fourth quarters of last year.
In total, €6.5 billion (£5.4 billion) was transacted between October and December 2011, making it the second most popular market in Europe after the UK.
The CBRE report stated: "Investment activity in France was heavily biased towards the Paris office sector and included large portfolio and single-asset deals."
Source: PropertyShowrooms.com
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