0 CHECKOUT

France Real Estate Report Q4 2014

  • ID: 2933864
  • September 2014
  • Region: France
  • 66 pages
  • Business Monitor International
1 of 4

FEATURED COMPANIES

  • Bouygues Construction
  • Gecina SA
  • Klépierre
  • Unibail Rodamco
  • MORE

Although overall 2013 was a bad year for the commercial real estate sector in France, signs of recovery were evident in H213, and this upswing has carried over into 2014. This can be seen in the decisive recovery in both leasing activity and investment levels, reaching post-crisis highs in the office segment,
together with the sustained growth in retail properties. The continuing weak performance of the French economy remains a burden for the industrial real estate sector, which drags behind the other two sectors.

As expected, Paris remains the focal point of the accelerated activity in 2014. Following an overall investment in the commercial real estate sector of close to EUR15bn in 2013, the capital's office sector alone receiving almost EUR8.2bn in H114 - an 85% upturn to last year. Similarly, the Parisian retail sector recovered from its low 2013 levels as well, with our in-country sources reporting strong growth at the upper end of the market in particular, including prime locations in the centre of the city. This comes despite weakening household consumption, whose impact on the retail market is yet to be seen.

Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Bouygues Construction
  • Gecina SA
  • Klépierre
  • Unibail Rodamco
  • MORE

BMI Industry View 7

SWOT 9

Political 11

Economic 12

Business Environment 13

Industry Forecast 14

Office 14
Table: Office Forecast Rents (USD/sq m/month) 15
Table: Office Forecast Net Yield, 2011-2018 (%) 15

Retail 15
Table: Retail Forecast Rents (USD/sq m/month) 16
Table: Retail Forecast Net Yield, 2011-2018 (%) 16

Industrial 16
Table: Industrial Forecast Rents - (USD/sq m/month) 17
Table: Industrial Forecast Net Yield, 2011-2018 (%) 17

Construction And Infrastructure Forecast Scenario 18
Table: Construction And Infrastructure Industry Data (France 2012-2017) 18
Table: Construction And Infrastructure Industry Data (France 2018-2023) 19

Macroeconomic Forecasts 25

Economic Analysis 25

Macro Outlook 25

Real GDP By Expenditure 26

Risks To Outlook 30
Table: GDP By Expenditure (France 2011-2018) 31

Industry Risk Reward Ratings 32

Developed States Risk/Reward Ratings 32
Table: Developed States Real Estate Risk/Reward Ratings 32

France Risk/Reward Ratings 32

Rewards 32

Risks 33

Market Overview 34

Office 36
Table: Historic Rents - 2012-2014 (USD/sq m/month) 37
Table: Net Yield, 2012-2014 (%) 37
Table: Terms of Rental Contract/Leases - H114 38

Retail 39
Table: Historic Rents - 2012-2014 (USD/sq m/month) 40
Table: Net Yield, 2012-2014 (%) 40
Table: Terms Of Rental Contract/Leases - H213 41

Industrial 42
Table: Historic Rents - 2012-2014 (USD/sq m/month) 42
Table: Net Yield, 2012-2014 (%) 43
Table: Terms Of Rental Contract/Leases - H213 44

Competitive Landscape 45

Company Profile 48

Bouygues Construction 48

Gecina SA 51

Klépierre 54

Unibail Rodamco 57

Demographic Forecast 58
Table: France's Population By Age Group, 1990-2020 ('000) 59
Table: France's Population By Age Group, 1990-2020 (% of total) 60
Table: France's Key Population Ratios, 1990-2020 61
Table: France's Rural And Urban Population, 1990-2020 61

Methodology 62

Industry Forecast Methodology 62

Sources 63

Risk/Reward Ratings Methodology 63
Table: Real Estate Risk/Reward Ratings Indicators 65
Table: Weighting Of Indicators 66

Note: Product cover images may vary from those shown
3 of 4

Bouygues Construction
Gecina SA
Klépierre
Unibail Rodamco

Note: Product cover images may vary from those shown
4 of 4
Note: Product cover images may vary from those shown

PLEASE SELECT A FORMAT

  • Quick Help: The report will be emailed to you. The report is sent in PDF format. This is a single user license, allowing one specific user access to the product.

HAVE A QUESTION?

If you have a more general question about our products please try our

FAQ SECTION

RELATED PRODUCTS from Db

Our Clients

  • AWG Property Ltd.
  • Douglas Elliman Real Estate Inc.
  • PWC
  • Health Care REIT Inc.
  •  El-Mansur Atelier Group
  • 3M Company