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Corporate Real Estate 2009/10
Country Q&A France. 1. What have been the main trends in the real estate market in your jurisdiction over the last 12 months? What have been the most significant deals?
The French real estate investment market has been severely affected by the financial crisis over the last 12 months, with the bankruptcy of Lehman Brothers in September 2008 being a turning point. Investment deals were restrained by tighter financing conditions and the difficulty for buyers and sellers in agreeing prices. Large deals have been rare as a consequence.
© This chapter was first published in the PLC Cross-border Corporate Real Estate Handbook 2009/10 and is reproduced with the kind permission of the publisher, Practical Law Company. www.practicallaw.com/realestatehandbook
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