In this analysis of the French commercial real estate office and retail markets, Bill Beauclerk, Managing Director of BG Carre’ in Paris, provides a closer look at these two key industry verticals. The office market in Paris is facing historically low vacancies with historically high rates. The retail market, tied to a French economy that has not grown at the pace seen in other countries, is also facing challenges with the rise of Amazon and other e-commerce platforms.
Learn more about BG Carre’/CORFAC International. CORFAC International has a network of 80 offices in 21 countries around the world. Find a CORFAC office that can meet your commercial real estate brokerage needs.
CORFAC International is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 49 offices in the U.S., 5 in Canada and 17 in international markets, including Australia, Colombia, France, Germany, Ireland, Israel, Italy, Japan, Mexico, Romania, Russia, South Korea, Switzerland and the United Kingdom. CORFAC offices completed more than 10,000 lease and sales transactions totaling 620 million square feet of space valued in excess of $8.2 billion in 2018.