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Grand Paris: Investors can find compelling openings in France’s capital as it supercharges its transport infrastructure
Paris, France. A city of superlatives, an international centre of economy, finance and trade. It is no wonder that the capital on the Seine attracts investors from all over the world.
Paris itself has about 2.2 million inhabitants. The urban agglomeration of Paris — referred to as Île- de-France — has more than 12.5 million inhabitants and is thus the biggest metropolitan region in the European Union. In addition, with a total of 18.4 million square metres of office space, Paris is the second-largest office market in the euro area. Most French banks, insurance companies and the French stock exchange have their legal seat in Paris. More- over, many international groups have subsidiaries in the city on the River Seine. The Paris region has the highest gross national product in Europe. So, not only is the demand for modern office areas high, but so is the need for residential space.
As a consequence of the strong demand, prices are on the rise. Figures from