The most outstanding office market in Europe

Rich, varied and competitively priced, the range of office space available in the Paris Region is one of a kind in Europe. The region boasts a dense and diverse stock, which meets the latest international standards, making it a major business hub on the international stage.

The most outstanding office market in Europe

Rich, varied and competitively priced, the range of office space available in the Paris Region is one of a kind in Europe. The region boasts a dense and diverse stock, which meets the latest international standards, making it a major business hub on the international stage.

With the largest office market in Europe, Paris Region boasts a particularly extensive choice of properties, with 3.5 million sq m available now, 1.2 million of which is located in central business districts, and to which the 2 million sq m currently under construction throughout the area will be added. Moreover, Grand Paris Express represents a significant development opportunity in this area, with 10 million sq m of projects on the horizon.

The Paris Region property market’s international competitiveness is also shown by low prime rents and occupancy costs, which are lower than those in other global cities such as New York or Tokyo, and up to half the cost of premises in London.

Proof of an expanding market, for the first time in 15 years, Paris has stolen London’s crown in terms of office investment, with 15.6 billion Euros of investment compared to 15.3 billion for London, according to a BNP Paribas Real Estate study carried out in 2016. This is a perfect illustration of Paris’s growing appeal, with the city benefiting from the Brexit effect – Paris is now ranked 2nd in Europe for investment in commercial real estate.

Mature and transparent, the office property market has proven its unrivalled dynamism, and provides a unique opportunity to invest in the heart of an area with genuine international reach.

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