Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
This is the seventh in our series of posts looking at major projects that are enhancing parts of Paris. An extraordinary new building, the Fondation Louis-Vuitton pour la Création (Louis Vuitton Foundation for Creation), is scheduled to open in Paris’ Bois de Boulogne on October 27th.
La Samaritaine, one of Paris’s iconic landmarks, is to be reborn following an ambitious makeover project. The famous department store, first opened in 1870, is situated between the Pont Neuf and the rue de Rivoli, close to the Louvre Museum. The 1st arrondissement (district) is the city’s luxury shop window, with some sought-after addresses.
The last ten years have seen tremendous market growth in Paris, both in commercial and residential real estate. At the nadir of the market turmoil in 2008-2009, the greatest impact on Paris real estate