JLL: Grade A office vacancy rate in Paris of 7.6%, with supply pipeline of 2.6% at end of 2Q15

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In its Global Market Perspective for Q315, Jones Lang Lasalle IP Inc. (JLL) noted that the vacancy rate for Grade A office space in Paris was 7.6%, and that there is a supply pipeline (completions in 2015-16 relative to existing stock) of 2.6%. Over the last year, rents have dropped by 4.1% and capital values have increased by 9.7%. Prime yields in 2Q15 were 3.5%.

Source : August 2015/JLL/Paris/OFF