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Office rentals dropped in 2013 as a result of low growth and uncertain outlook (down 25% in 12 months).
Rise in immediate supply to 3.9 million sqm. Nevertheless, Grade A properties still only account for less than 20% of vacant stock.
In this context, rents remain under pressure. Most of the decline in values in Paris CBD has been recorded in 2013.
With €11 billion invested in 2013, the investment market maintains its trend for dynamic growth.
30 transactions over €100 million recorded in 2013.
The prime yield for the Central Business District fell to between 4.25 and 4.50%.