In its latest (3Q15) Market Report on the European office sector, Savills noted that prime rents and secondary rents in Paris’ CBD were, respectively, EUR787 and EUR500 per square metre per year. Prime rentals have stabilised in 3Q15, having fallen by about 5% year-on-year in 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 the fall in the vacancy rate to 4.7%.

Source : Savills/December 2015/Paris/OFF