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Paris Office Market Report - Q3 2017

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Since President Macron’s election in May, France’s economy has been showing signs of improvement. Business sentiment has lifted and the private sector has seen its fastest rate of growth in six years.

Despite improvements to the economy, the occupational market witnessed a subdued first half year. Office take-up in Île-de France was 1.1 million sq m (Figure 1), slightly below take-up for the same period last year (-3.3%). Corporates were once again the most dynamic occupiers, accounting for 37% of the transactional activity, led by the Banking and Finance sector.

Source : Knight Frank France

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