800px-Fontaine_des_Fleuves,_Place_de_la_Concorde,_Paris_May_2013

Asian and Middle Eastern investors set their sights on the Paris region

In the context of the dynamic commercial property market in Paris, Asian and Middle Eastern institutions have targeted the city for property investments.

Recent research shows that sovereign wealth funds, insurance companies and developers have invested heavily in cross-border investments during the past two years. In 2013, total investment amounted to around $22 billion (€18.5 billion). The total for 2014 is expected to exceed that sum.

Continue reading “Asian and Middle Eastern investors set their sights on the Paris region” »

800px-Green_wall_Paris

Could Paris be adorned with vertical forests and parks by 2050?

Imagine the high-rise buildings of Paris clothed with trees and gardens, transforming the city into a green landscape. This is the idea outlined in a recently published study, Paris Smart City 2050.

Continue reading “Could Paris be adorned with vertical forests and parks by 2050?” »

PPGStSulpice2

Saint-Sulpice apartment for sale in Paris; 75006

This fully renovated, air conditioned 1 bedroom apartment with balcony in a beautiful Haussmannian building is ideally located on a quiet street between the Luxembourg Gardens and the Place St. Sulpice in the heart of the 6th arrondissement, the most desirable area in Paris. On the 5th floor with elevator, the property offers views of the St. Sulpice church, the Eiffel Tower and Parisian rooftops.

Continue reading “Saint-Sulpice apartment for sale in Paris; 75006” »

Twilight_in_La_Défense,_Paris_2014

Property investment manager AEW plans to spend €4 billion on European real estate

Real estate investment manager AEW Europe intends to spend up to €4 billion on European property over the next three years. Demand for commercial property from Asian investors is particularly strong.

Continue reading “Property investment manager AEW plans to spend €4 billion on European real estate” »

Entrée_de_l'École_au_19,_rue_de_la_Sorbonne_75005_Paris

Paris is judged the best city for students for the third year running

For the third year running, Paris has been ranked first among 50 cities for its attractiveness to students, ahead of Melbourne and London.

Continue reading “Paris is judged the best city for students for the third year running” »

St. Germain des Près apartment for sale in Paris; 75006

This spacious impeccably renovated 3 bedroom 2 ½ bath property is nestled on a quiet street just steps from the Seine and the Ile de la Cité. On the first floor without elevator of a well maintained 17th century building, it has 11 foot ceilings and beautiful wood flooring. It is located in a historic and highly sought after area of St. Germain des Près known for its art galleries, restaurants and boutiques.

Continue reading “St. Germain des Près apartment for sale in Paris; 75006” »

Rooftops_from_the_Eiffel_Tower,_Paris_March_2011

A European Court ruling will result in France reimbursing millions of euros to foreigners overtaxed on real estate sales and rentals

Since August 2012, non-residents who sell a property in France, or derive income from property rentals, have had to pay social charges totaling 15.5% on the net capital gain or the income. A recent judgment by the European Court of Justice (ECJ) has overturned this rule.

Continue reading “A European Court ruling will result in France reimbursing millions of euros to foreigners overtaxed on real estate sales and rentals” »

399px-Avenue_de_la_République_(Paris),_numéro_22,_porte_02

The latest official figures show that sales volumes of Paris property rose during 2014 but prices dipped

During 2014, the number of sales of apartments in period buildings in Paris increased by 2% compared to 2013, but real estate prices decreased by 2.1%. These are the conclusions of the quarterly report for the 4th quarter of 2014 issued by the notaires, officials who handle property transactions in France.

Continue reading “The latest official figures show that sales volumes of Paris property rose during 2014 but prices dipped” »

800px-La_Samaritaine_Signage

French appeals court halts the renovation of the iconic Paris department store La Samaritaine

A French court of appeal recently blocked the restoration of the former Paris department store La Samaritaine on the grounds that its Rue de Rivoli façade does not match its historic setting. We reported on the renovations here.

Continue reading “French appeals court halts the renovation of the iconic Paris department store La Samaritaine” »

442px-Rue_des_Canettes,_18_-_Paris

Paris real estate remains a good investment in 2015

Residential real estate has traditionally been considered a good investment, and property in Paris remains so for 2015, says French weekly magazine L’Express. Several factors currently work in favor of property buyers in the City of Light.

Continue reading “Paris real estate remains a good investment in 2015” »