Paris’ ultra-luxury housing market is unaffected by the crisis

While prices are beginning to fall in the “regular” Parisian real estate market, this is not the case in the ultra-luxury sector where rates are still rising, according to professionals.

 “In the 6th, 7th, 8th and 16th arrondissements [some of the poshest districts in Paris], prices are in the stratosphere, exceeding €30,000 per square meter for turnkey properties, without any work to be done,” noted Leonard Cesari, associate director of the Mobilis Group.

These are exceptional properties that are not affected by the crisis, provided they meet international standards of hyper-high-end real estate.

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.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
Twitter
LinkedIn

More articles like this

RECI remains one of the top-yielding UK income funds

Real Estate Credit Investments Limited (LON:RECI), a listed investment company paying a regular quarterly high dividend, has announced that it has declared a third interim dividend of 3.0 pence per Ordinary Share for the year ending 31

Key Trends reshaping UK Commercial Real Estate in 2024

The commercial real estate landscape in the United Kingdom is ever-evolving, shaped by economic shifts, technological advancements, and changing societal preferences. As we step into 2024, Alicia Renshaw, Senior Associate in Leonard Curtis Legal’s real estate

Commercial property lending forecast to soar

There are clear signs the commercial property market is adjusting to today’s high interest rate environment according to specialist lender Together. Its new report on the sector says adjustment is down to a bullish appetite of

Positive signals for UK commercial property market

There are positive signals for the UK commercial property market, with lending expected to rise by 32% by 2028. Property law specialist Newmanor Law analyses emergent trends that could mean 2024 is a positive turning point

Rising commercial lending predicted to reach £118bn by 2028

Total secured commercial lending is predicted to rise by 32% from an estimated £90bn in 2023 to £118bn in 2028, according to Rob Thomas, economist and principal researcher at the Intermediary Mortgage Lenders Association (IMLA). While

Rebounding commercial property stocks signal market recovery

Commercial property stocks and bonds are rallying as forecasters widely predict the end of a market slump triggered by a multi-trillion dollar debt burden. Real estate investment trusts (REITs), the stock-market listed commercial building owners, have

5 emerging Commercial Real Estate trends to watch in 2024

Commercial real estate (CRE) experts are already dissecting the landscape for the New Year to pinpoint lucrative investment opportunities. We’ve collected these insights for CRE investors eager to identify good commercial real estate investments and position

Key Commercial Real Estate trends to watch in 2024

2024 is set to be a defining year for commercial real estate (CRE) as the industry continues to transform to meet post-pandemic demands and a challenging economic market. Looking ahead, property owners and investors should expect

2024 Commercial Real Estate Market trends

Outlook Interest rates and Inflation In the wake of recent economic shifts, keep a close eye on interest rates and trends. These factors significantly impact investment returns and property values. While rates are expected to stabilize,

Commercial Real Estate trends for 2024

Every year-end, Commercial Property Executive writers compile extensive pieces that provide you a glimpse into how the next 12 months will look like for commercial real estate players. Whether you’re in retail, office, coworking, industrial, data centers, medical

Real estate outlook for Europe 2024

With the ECB putting rate hikes on pause for the time being, the focus for investors over the coming year is expected to shift towards the timing and intensity of potential interest rate cuts. Some economists