valuation France

BNP Paribas Real Estate Valuation France’s 11 regional offices in France in: Rouen, Paris, Bordeaux, Grenoble, Lille, Lyon, Marseille, Nantes, Nice, Strasbourg and Toulouse cover property valuation services for all asset types.

Lille is a dynamic market thanks to numerous development projects and a booming start-up sector. Our property experts understand local market value in Lille and its surrounding suburbs.

Property valuation in Lille

Our property valuers in Lille are specialised by property asset type to better respond the property valuation needs of our clients in Lille.

Understanding property value in Lille

With a population of approximately 227,560*, Lille is the fifth largest urban area in France and is the 2nd largest regional market in France after Lyon. The city is known for its vibrant manufacturing, textile, retail and technology industries. The region surrounding Lille is home to several accelerators and incubators to help entrepreneurs develop businesses in the region. Business parks such as L’Union, Parc de la Haute Borne, Eurasanté and Euratechnologies have drawn companies in the tertiary and new technology sectors to the city in recent years. 

Renovations in Lille’s city centre will make it more attractive to occupiers in the technology sector, one of Lille’s primary industries. “Euralille 3000 is a renewal programme that aims to add 250,000 sq. m of office space to accommodate growing demand in the city’s central business district, Euralille in the coming years. The project will both add new buildings and housing projects to the city centre and renovate existing buildings to respond to new work trends. 

In addition to attracting start-ups and technology companies, Lille benefits from a well-developed infrastructure that facilitates international business for occupiers. Lille Lesquin International airport is located on a rail artery that links it to the city centre within 15 minutes and TGV (high speed trains) rail connections link the city to Paris, London and Brussels in less than an hour and a half. 

Occupiers, investors and banks, have been drawn to Lille as its growing tertiary sector and significant urban renovation projects cast a new light on the Greater Lille property market. To respond to growing demands from companies for office space in the city, Lille has undertaken a number of projects to enhance business districts. Our valuers understand the trends affecting property value across Lille and its surrounding neighbourhoods. 

Property value and urban renewal programmes in Lille

Apart from Euralille 3000, renovation projects across Lille aim to better integrate mixed use spaces and increase occupier interactions with the city.

Over the next five years, investments in Lille will renew areas once dedicated to industrial occupiers into newer spaces by adding mixed-use properties to the city-centre. For example, one former freight station in the Saint Saveur neighbourhood will be transformed into residential and commercial property. In addition, connections from the neighbourhood to the city centre will also be reinforced thanks to a local programme to add a new tramline to link Lille Lesquin airport to the city centre by 2022. 

Lille is a dynamic property market, undergoing significant transformations in the coming years. Our valuers understand the trends affecting local market and rent values in Lille thanks to insights from our dedicated Research and Data Analytics Department and can accompany you in your property valuations for every asset type.

 

Our team in Lille :

With over 40 years of local market experience, BNP Paribas Real Estate Valuation France valuers are able to guide you in all property valuations in Lille. Thanks to our dedicated Research and Data Analytics department, our valuers can offer valuation services across all submarkets.  

 

*Source: UN

 

 

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