BNP Paribas Real Estate Valuation France has local property experts covering each one of French property markets, thanks to our extensive regional network covering: Rouen, Paris, Bordeaux, Grenoble, Lille, Lyon, Marseille, Nantes, Nice, Strasbourg and Toulouse.
As one of the largest investment markets in continental Europe, Paris is a leading property market with a diverse occupier base. Our valuers can answer your questions about Parisian property value because we understand the subtleties of each of Paris’ submarkets.
Our property experts in Paris are specialised by asset type, providing property valuation services to retail, hotel, logistics and office property alike.
As one of the world’s most visited cities; Central Paris has booming hotel and retail industries to accommodate millions of tourists each year. The Champs Elysées remains the most sought after address for occupiers, while Rue Saint-Honoré attracts luxury businesses. New luxury hotel openings along Rue Faubourg St. Honoré have increased high street retail demand in the area as well. In addition, shopping centres such as Italie 2 and Cergy 3 Fontaines have been expanded as part of the “Reinvent Paris” scheme.**
For its part, Paris’ hotel industry has benefited from an overall improvement in product quality thanks to renovation and expansion programmes at the city’s historic hotels. The Ritz Palace Hotel recently reopened after a 4-year refurbishment process. Such developments explain why Paris remains the 3rd most active European market for hotel investment after Germany and the UK.**
The Inner and Outer rings of Paris have attracted occupiers, investors and banks alike. Parisian suburbs are prime locations for logistics real estate, as a significant part of the prime European logistics market is located in Paris’ suburbs, near the city’s main airports. 1.7 million sq m were transacted in 2016, making Paris the largest logistics market in France.**
The city’s extended urban areas and growing business districts have made Paris the number one office investment market in Europe for the first time in the past ten years with €15.6 bn invested in 2016.***
Our real estate experts bring you an answer adapted to your needs