Real estate convictions France

2019 assessment

What assessment for 2019?

The European Central Bank (ECB) has signalled that it will maintain a highly accommodative monetary policy of low interest rates in order to shore up Europe’s economy (cf. “La BCE à la croisée des chemins”, Primonial REIM Research & Strategy, January 2020).

Some 277 billion euros were invested in European commercial real estate in 2019, which means that the volume of capital dipped slightly (-6% year-on-year). France managed to maintain the
amount of capital flowing into its commercial real estate sector (€39bn), whereas Europe’s two biggest markets experienced downturns compared with 2018: -6% in Germany and -18% in the
United Kingdom. France’s real estate sector has a number of things going for it: robust economic growth projected for 2020, healthy domestic demand, and forecasts that French 10Y Government yields (OAT) will remain low (at an annual average of 0.1%).

 

Read the study

The team

Daniel While
Daniel While Research, Strategy & Sustainability Director

Henry-Aurélien Natter
Henry-Aurélien Natter Research Manager

Adrien Isidore
Adrien Isidore Economist Statistician

You may also like

Real estate convictions: 1st quarter of 2022
  • Market review

Real estate convictions: 1st quarter of 2022

03/05/2022 By Henry-Aurélien Natter

Against a backdrop of global stock market volatility, the European real estate market will have achieved an acceleration in the volume of investment, with €70 billion invested in the first quarter of 2022 (+18% year on yearyear on year).

Lire la suite
Real Estate Convictions Europe : 2021 Overview
  • Market review

Real Estate Convictions Europe : 2021 Overview

10/02/2022 By Henry-Aurélien Natter

With €318 billion invested in 2021 (up +23% year-on-year), the return to growth in the European commercial real estate market was confirmed. Investors continued their strategy of buying ‘core’ buildings which were concentrated (62%) in office and residential real estate.

Lire la suite
Real estate convictions: 3rd quarter of 2021
  • Market review

Real estate convictions: 3rd quarter of 2021

29/11/2021 By Henry-Aurélien Natter

With €175 billion invested over nine months in 2021 (up 7% year-on-year), the European commercial real estate market has seen a return to growth.

Read more