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9th arrondissement

Abu Dhabi Investment Fund Looks to Offload Huge Paris Real Estate Portfolio

Big Deals
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The Abu Dhabi Investment Authority has announced its intention to sell its 1.5 billion m2 of Paris real estate, taking advantage of increased demand in the capital.

Office Property Market in Paris Sees Changing Demand

Market Trends
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A new study into the office property market in Paris in 2016 has revealed a fast-changing and invigorated industry. Massive tech companies are finding a home in Paris with has changed demand, and the focus has shifted to the centre.

Paris Right Bank property market increasingly sought after

Market Trends
Paris right bank property prices

On the right bank, the real estate recovery stretches from popular areas to the more chic and expensive districts, with only the 16th arrondissement still being slightly slighted by property buyers.

One million square meters of unoccupied Parisian attic space may be turned into housing

Changing Landscape
Parisian rooftop

Commonly called chambres de bonne — or maids’ rooms — thousands of small properties lie empty under Parisian roofs. The City of Paris plans to buy these spaces and turn them into private or social housing.

Sprawling pedestrian gardens could soon surround the Paris Opera

Changing Landscape
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The City of Paris may pedestrianize the area surrounding the Garnier Opera, replacing busy streets and a chaotic crossroads with sprawling gardens.

Paris Under the Strawberries

Changing Landscape
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An innovative rooftop garden on Paris’ Galeries Lafayette is a fresh take on urban farming.

Work not play: the most sought-after (and pricey) office spaces for rent in Paris

Market Stats
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Specialized French commercial property listing site BureauxLocaux.com recently released the results of its research identifying the top 5 most expensive and desirable neighborhoods in Paris for office property.

Sales volumes of Paris property rose during 2014 but prices dipped

Market Stats
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During 2014, the number of sales of apartments in period buildings in Paris increased by 2% compared to 2013, but real estate prices decreased by 2.1%. These are the conclusions of the quarterly report for the 4th quarter of 2014 issued by the notaires, officials who handle property transactions in France.

2014 was a dynamic year for French commercial property

Market Stats
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€23.8 billion was invested in the French commercial real estate market during 2014, according to the latest figures. This is an increase of 57% over the 2013 total of €15.1 billion and makes 2014 the third best year on record after 2007 and 2006. Much of that investment was in the capital: for each euro invested in French commercial property, 74 cents went to the Paris market.

The City of Paris is to put forward its rooftops for UNESCO World Heritage status

Changing Landscape
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The rooftops of Paris have often been the inspiration for artists, writers, and film makers. Now, the City of Paris has voted to put forward its roofscape as a candidate for UNESCO World Heritage Site status.

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