PARIS IS FIRST CHOICE FOR IN­VESTORS

Living France - - The Essentials -

Paris is Europe’s most at­trac­tive city for prop­erty in­vestors, ac­cord­ing to a new study from real es­tate com­pany CBRE. The an­nual Global In­vestor In­ten­tions Sur­vey asked 1,000 in­vestors which Euro­pean city they have their sights on and Paris came out on top, ahead of Madrid, Am­s­ter­dam, Frank­furt and London. CBRE Pres­i­dent Fabrice Al­louche said the elec­tion of Pres­i­dent Macron and the Olympic Games in 2024 had put France and es­pe­cially Paris in the spot­light, bring­ing the city to the at­ten­tion of prop­erty in­vestors. The French cap­i­tal is also thought to be ben­e­fit­ing from in­sta­bil­ity in the UK as Brexit ne­go­ti­a­tions con­tinue. Many busi­ness in­vestors sur­veyed said they wanted to in­vest in Paris be­cause of the qual­ity of life it would of­fer their em­ploy­ees, a ben­e­fit they might not be able to en­joy in other cities. Paris had been in fifth place for five con­sec­u­tive years be­fore mov­ing up to first place this year. cbre.co.uk

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