Expert Insight, Breaking News, and Insider Stories on Real Estate in Paris
The long-awaited reopening of the Picasso Museum is scheduled to take place on October 25th 2014, the 133rd anniversary of the Spanish-born artist’s birth. The re-launch was originally planned for June 2014. We reported on it back in April as part of our series on major projects that are enhancing parts of Paris.
The Arche de la Défense is a distinctive sight on the Paris skyline and one of the emblems of the city. This enormous glass and marble cube is 25 years old this year and is about to undergo a major face-lift.
This cozy 1 bedroom apartment, with balconies offering views of Parisian rooftops, is located in Montmartre near the town hall of the 18th arrondissement in a lively and up an coming neighborhood. It is situated on a quiet street lined with Haussmannian buildings, yet is close to transportation, restaurants and shops.
A new French residential property price index is to be launched in September 2014. Its creator is Michel Mouillart, a professor of economics at a Paris university and director of the Housing Credit Observatory. He claims that it will provide more up to date information than existing data.
This elegant and sunny 2 bedroom apartment is well located near the Arc de Triomphe on a quiet street off Paris’ grand avenue Foch. It is on the 4th floor with elevator of a beautifully maintained ornate 19th century building.
According to recent research, investors paid €10.7 billion euros for French office, retail, logistics, and industrial properties between January and June 2014 – an increase of 73% over the same period in 2013.
This sun-filled 1 bedroom apartment with balcony is located off the rue des Martyrs near the charming Place St. Georges in the 9th arrondissement. On a quiet street, it is in close proximity to the many shops and restaurants in this lively neighborhood.
The French State is one of the biggest holders of state-owned property in the world. It held €59,384 billion of real estate at the end of 2013 and continues its policy of divestment. In 2012, its property assets were valued at €60,064 billion.
Sales of famous Paris hotels continue apace. InterContinental Hotels Group (IHG) has recently agreed to sell the Le Grand hotel to the Qatari group Constellation Hotels Holding Limited for €330 million. The hotel currently has 470 guest rooms, including 70 suites. Constellation plans to renovate Le Grand at an estimated cost of €60 million.
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 […]