Are there still offers in Paris's Golden Triangle ?
Are there still offers in Paris's golden Triangle ?
There's a lot of real estate pressure in this area as a result of the economy. With strong growth and a lot of investment, there's a great need for premises. Before covid, there was already a strong demand for office space in the area, but now people are also looking for different types of office. As a result, the issues have multiplied, with a wide variety of projects of different sizes all searching, and all in a very short space of time. Unfortunately, in the property sector, we tend to work to long cycles that are not necessarily adapted to our customers' cycles. So we find ourselves under pressure, with a slight imbalance between supply and demand.
Real Estate Division Director