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Office Market News

TERREÏS HAVE ACQUIRED A PROPERTY LOCATED IN PARIS OF AROUND 4 000 SQ.M. FROM IVG INSTITUTIONAL FUNDS GMBH

IVG Institutional Funds GmbH have sold 100% of the shares of the company that owns the building located at 103 Rue Reaumur / 9 Rue de Clery, in Paris to Terreïs.

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JD SPORTS CONTINUES ITS EXPANSION

Cushman & Wakefield installed the 12th JD SPORTS store on a surface of 650 m2 GLA in the shopping center Belle Epine (Ségécé) on the restructuring of the former Surcouf.

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BERLUTI WILL INSTALL 2 FLAGSHIP STORES IN PARIS IN 2013

Berluti, the famous LVMH shoe brand, will continue their expansion with two exceptional sites in Paris.

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French mortgages get lower as lenders compete for custom

‘The current rates on offer are 0.25% below previous lows which were last seen at the end of the Second World War. The cost for a €100,000 loan has now dropped to €572 per month for a fixed rate over 20 years and €502 per month for a variable rate at 2%,’ said director John Busby.

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