Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
Housing Minister Sylvia Pinel launches creative efforts to encourage French landowners to develop or sell their property, and to promote digital innovation in new construction.
Speaking to French weekly Les Echos on Wednesday, Budget Minister Bernard Cazeneuve expressed his hope to continue the strong pace of sales of state-owned property for the coming three years. 547 million euros in revenue from such sales was realized in 2012. “Between 2007 and 2011, the state realized about 4 billion euros in sales. […]
Barracks, land, old prisons, offices, mansions, houses and apartments: over the next 3 years, the French government is planning the sale of nearly 2000 properties in Paris and throughout France, for an expected 2.2 billion euros in revenue.