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La Française REM lifts the veil on its new market values

Investors have been thinking about the repricing of real estate assets for some time, and Mipim 2023 is no exception. But where markets have long been marked by an inability between buyers and sellers to establish new market values, some are (finally) finding common ground. With an acquisition pipeline of €820m built up since January by his management company - deeds of sale, promises to sell and exclusivities granted - Philippe Depoux, president of La Française Real Estate Managers, detailed for Business Immo the prices encountered on the market in 2023.

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Over the past year, La Française REM has completed €2.6bn in transactions: €900m in disposals, "double what we usually do," notes Philippe Depoux; and (...)

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