In its latest (3Q15) Market Report on the European office sector, Savills noted that prime rents and secondary rents in the La Défense district of Paris were, respectively, EUR539 and EUR400 per square metre per year. Year-on-year growth in prime rentals has fallen from 17% to 7% since 1Q15. Looking forward, Savills anticipates that take-up of office space will increase. Supply of new space is expected to fall. Prime rents are expected to rise. In its report, Savills highlighted how the vacancy rate has remained above 10% for the third consecutive year.

Source : Savills/December 2015/Paris/OFF