Commercial property update: France
Series: RICS European Alert ; August/September 2004, 6(1)Publication details: 2004Subject(s): Online resources: Summary: Shows the French economy growing by 0.8% in the first quarter 2004 (above the Eurozone average) and points out the main risks to the economic outlook. The commercial property market continues to endure a moderate slowdown that has prevailed since late 2001 with weaknesses most visible in the office market. Office rents are expected to decline by just under 2% in 2004 before a partial recovery in late 2005. Retail property has fared relatively well with rents expected to feel downward pressure from rising availability before picking up again as the economy improves. The industrial property market will see slow recovery as recovery in industrial production is patchy with downward pressure on rents expected to be only limited. View at www.rics.org.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS68226 (Browse shelf(Opens below)) | 1 | Available | 127257-1001 |
Shows the French economy growing by 0.8% in the first quarter 2004 (above the Eurozone average) and points out the main risks to the economic outlook. The commercial property market continues to endure a moderate slowdown that has prevailed since late 2001 with weaknesses most visible in the office market. Office rents are expected to decline by just under 2% in 2004 before a partial recovery in late 2005. Retail property has fared relatively well with rents expected to feel downward pressure from rising availability before picking up again as the economy improves. The industrial property market will see slow recovery as recovery in industrial production is patchy with downward pressure on rents expected to be only limited. View at www.rics.org.