Paris office market performs well

The Paris office market performed well this year, despite the difficult economic climate.

The French capital saw office take-up leap 13.2 per cent in the first nine months of the year, with investment volumes rebounding 39 per cent, according to Knight Frank.

Occupier take-up reached 1.4 m sq m in the first nine months of 2014 and is expected to reach 2.0 m sq ft by the end of 2014. The increase has been driven by a number of significant deals (over 5,000 sq m) to major corporates such as KPMG and L’Oreal.