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Paris office vacancy widens the gap between centre and suburbs

The office vacancy rate stands at 5.2% in Paris and 12.8% in the inner suburbs.

Paris · 6 h ago · Based on 3 documents

AreaParis

Key facts

Paris vacancy: 5.2%

Inner suburbs: 12.8%

Gap of 7.6 points

Average lease: 760 sq m

On September 30, the office vacancy rate stood at 5.2% in Paris and 12.8% in the inner suburbs. A year earlier, the two rates were 5.7% and 11.9% respectively, according to the Observatoire régional de l'immobilier d'entreprise. The gap between the centre and the inner suburbs went from 6.2 to 7.6 points.

7.6 points

Vacancy gap between the inner suburbs and Paris

Paris proper accounts for 38% of third-quarter take-up, against 33% a year earlier. Total take-up in the Île-de-France region comes to 450,000 sq m, of which 171,000 sq m is in Paris proper.

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Still in this story

The office approvals issued since January

Paris's share of those approvals

The vacancy rate in the central business district

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Sources

TopicsOffices