Cross-border French investment into real estate totaled €14 billion ($17 billion) in 2020, 13 percent up on the previous year, while French investment into French real estate declined by 15 percent, according to Savills.
French investors allocated some €2.4 billion ($2.9 billion) to the Asia Pacific real estate market last year, representing 17 percent of all French cross-border investments. And in Europe, Germany remained French investors’ preferred destination with €2.9 billion ($3.5 billion) invested in 2020, followed by Italy at €2.2 billion ($2.7 billion) and the United Kingdom at €2 billion ($2.4 billion), an increase of 71 percent on 2019 and 95 percent above the five-year average for the latter. The most active French investor globally by far is AXA.
French cross-border investment into the residential sector totaled €3.9 billion ($4.7 billion) in 2020, a record high and 206 percent above the amount recorded in 2019. French appetite for cross-bord