Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
The heartbreaking events from Friday evening in Paris were a shock for those of us close by, and frightening to watch unfold from afar. The Paris Property Group team is grateful for the worried texts, caring thoughts, and meaningful prayers that we received from our clients, partners, family and friends. On Friday evening I was […]
Former Parisian warehouse located in the 19th arrondissement has delivered its first housing units. After 5 years of conversion work, what was once a large railway warehouse bordering the ring road in the northeast corner of Paris is nearing completion. Families have already moved in to the units, half of which will be low-income housing.
France’s highest administrative court reverses earlier rulings, finds that the proposed glass facade is sufficiently in harmony with Paris existing architecture.
Over twenty percent of homes in Paris are too small for the number of people living in them, according to new housing figures published by INSEE, France’s National Institute of Statistics and Economic Studies.
Mayor Anne Hidalgo has inaugurated a 50m-high block tower, the first residential high-rise to be built in Paris since 1975. It’s completion is a strong symbolic statement that it is now possible to build to ‘greater heights’ in the capital.
A short walk north of the Seine in the heart of Paris, the Les Halles neighborhood is home to 7000 residents and over 16,400 jobs. The Châtelet-Les Halles RER commuter rail and subway station is the largest transport hub in the Ile de France region, serving over 800,000 passengers per day.
The market in the greater Paris Île-de-France area has seen prices fall a slight 0.4% during the first quarter of 2015 versus the previous quarter, according to the official quarterly figures published by INSEE/Notaires de France on May 28. The average price over the past twelve months has gone down by 2.1 percent.
An EU-wide regulation, passed by the European Parliament in July 2012 with effect from August 2015, will result in a drastic and welcome change to the inheritance rules governing real estate in France, for both residents and non-residents alike. Our summary follows.
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 […]
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.