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la defense

Major new Development in La Defense Backed by Goldman Sachs

Changing Landscape
new-development-in-la-defense-fyltyr

The public body responsible for renovating La Defense has signed a deal with France’s biggest commercial property developer and Goldman Sachs to move forward with a major new development in La Defense.

Roof of Grande Arche de La Defense Will Re-open to the Public in June

Architecture & Landmarks
Grande-Arche-de-La-Defense-fyltyr

The rooftop of the Grande Arche de Le Defense is to re-open to the public in June, having been closed since 2010. With the re-opening comes a new photo exhibition and the return of an unparalleled view of Greater Paris.

Office Property Market in Paris Sees Changing Demand

Market Trends
Office-Property-Market-in-Paris-fyltyr

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.

The Alto Tower: a new circular skyscraper in La Défense

Changing Landscape
La-Défense-Tour-ALTO-vue1

A new cone-shaped tower is in the works, its construction part of the current refurbishment of Paris’ business district, La Défense. With funds coming from France and the United Arab Emirates, the Alto Tower will be 150 meters tall when completed in 2020.

La Défense thrives with new projects and developments

Changing Landscape
Grande Arche

Paris’ business district is undergoing a major revamp, complete with sprawling terraces and gardens, new avenues and towers under construction, organic restaurants and trendy bars.

First housing units in La Défense for 30 years

Changing Landscape
Arena 92

Two brand new buildings are under construction in Paris’ main business hub, La Défense. These will house the first residences to be built in the district in 30 years, as well as a business school campus.

A livable forest of 1000 trees in the heart of Paris

Architecture & Landmarks
Pershing Mairie de Paris

As part of the Reinventing Paris competition, a Japanese architect plans to build a unique structure complete with 1000 trees in the 17th arrondissement.

Large family apartments in Paris attract buyers once again

Market Trends
palace interior

The slump suffered by larger apartments in Paris finally lifted last year, mainly due to a 15% fall in prices over the past few years. Luxury real estate agency Daniel Féau hail 2015 as a “record” year for larger properties in the capital.

Property investment manager AEW plans to spend €4 billion on European real estate

Big Deals
Twilight_in_La_Défense,_Paris_2014

Real estate investment manager AEW Europe intends to spend up to €4 billion on European property over the next three years. Demand for commercial property from Asian investors is particularly strong.

2014 was a dynamic year for French commercial property

Market Stats
Beaugrenelle_Shopping_Center,_Paris_April_12,_2014

€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.

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