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European investment volumes increased in the third quarter of 2011 to €28.8 billion with a rise in international buyers to a market share of over 40%, its highest for two years, a new report shows.
Direct investment in retail real estate in Europe during the second quarter of 2011 reached €4.9 billion while total investment volumes for the year to date now stand at €13.6 billion, 34% up over the same period last year, according to figures from Jones Lang LaSalle.
The fashionable Rue Saint Honore boasts 99 rooms and 39 suites going for an average of $1,688 a night.
Filmmaker David Lynch has designed Club Silencio, a Paris nightclub based on the venue in his 2001 thriller Mulholland Drive starring Naomi Watts, which is set to open in September.
Large investors are pouring money into French retail property in 2011 in a move away from the increasingly crowded UK and German markets, with deal volumes set to rise by almost 2 billion euros ($2.9 billion) this year.
Direct commercial real estate investment volumes in Europe reached EUR 26 bn in the first quarter 2011, representing an increase of 32% year-on-year, according to new research from Jones Lang LaSalle.
After two years of falls and inactivity, French commercial real estate saw a recovery in 2010, according to the latest IPD France Annual Property Index.
French commercial real estate saw a recovery in capital values last year, recording 4% growth with the rebound in values leading to a total return of 10%, according to the latest IPD France Annual Property Index.
A decade after its flagship Boulevard Haussman store closed its doors, the iconic British supermarket brand will open a new store on Paris's Champs Elysees.
Income return on commercial premises in France reached 5.8% last year, according to the bi-annual Property Index from financial database IPD France - in fact, the rate was the highest level in the index's three-year history.
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