Commercial real estate record investment total €41b in France in 2019
Paris becomes the top European market for foreign investors, reported CBRE.
Investment in French commercial real estate reached a record level of over €41 billion ($22 billion) over the full year 2019, growth of +19 percent over one year. Asia has clearly stepped up its involvement in France with €5 billion ($5.4 billion) investment in “core” assets while North Americans also continue to invest in the country.
Paris remains very appealing to investors. In 2019, it was the top market targeted by international investors as a percentage of total flows. Paris beat London for the first time and came just behind New York in terms of foreign capital invested.
Offices the preferred asset in France: new record with over €25 billion