How Paris is betting on mixed-use development

At a time when many Parisians are choosing to relocate from the capital due to high housing costs, public authorities are turning to mixed-use developments to help boost the city’s appeal and improve the quality of life on offer.

Liveability is something that Paris doesn’t rank particularly well on compared to other cities. In the latest rankings from global consulting group Mercer, Paris came in 39th place, just ahead of London; the region’s two biggest metropolitan areas both lag behind smaller European counterparts such as Zurich and Vienna on a range of factors including transport, culture, education and security.

And this is where local authorities in Paris increasingly believe mixed-use developments, blending a mixture of residential, commercial, cultural and leisure facilities could help.

Real Estate Credit Investments Limited (LON:RECI) is a closed-ended investment company which originates and invests in real estate debt secured by commercial or residential properties in Western Europe, focusing primarily on the United Kingdom, France and Germany.

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