Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
Continuing our series of collaborator interviews, Elyse and Stephen Gutman of the Corcoran Group tell us about the luxury real estate market in New York City. 1. Please give us a brief bio of your agency. The Corcoran Group was founded in 1973, as the market in New York City was transformed from a mainly […]
The world’s biggest sovereign investment fund, Norges Bank Investment Management, has bought Le Madeleine building in Paris for €425.6 million ($570 million) from a fund managed by Blackrock Inc.
The Notaires de France (officials who handle property transactions) indicate that French property prices were stable at the end of May. In advance of their quarterly analysis for the 2nd quarter of 2014, the notaires’ bulletin shows that prices in Paris saw a slight decline of 0.2% between February and May. As ever, these figures […]
French real estate firm Klépierre is poised to acquire Dutch rival Corio for €7.2 billion. Following the deal, the Europe-wide shopping mall operator would have €21 billion of assets.
The Concorde Opéra Paris hotel is undergoing a significant restoration program, prior to re-branding as the Hilton Paris Opéra in September 2014. The hotel remains open during the renovation work, which is scheduled for full completion in early 2015.
Super-luxury properties in Paris with a price tag of €10 million or more remain highly sought-after, according to property experts. Most buyers at this level are ultra-high net worth foreigners with assets of more than €25 million. This trend is predicted to increase.
This is the next in the series by our office manager Faustine Cressot, giving you regular glimpses of the neighborhood around her desk on the rue de Verneuil. An interview with Philippe Chupin, founder and creator at SIECLE, a gallery and shop that sells tableware, home accessories, and gifts.
French mortgage lenders are maintaining interest rates at a low level. This trend is likely to continue throughout the summer of 2014.
Property pundits have noted that prices have started to increase again in certain regions of France, particularly in Paris, during the early summer.
This is the sixth in our series of posts looking at major projects that are enhancing parts of Paris. The largest cultural and sporting complex in France, Arena 92, is currently scheduled to open at the end of 2016 in Nanterre in Paris’ western suburbs. The stadium is under construction on a former sports ground […]