Lyon, a growing real estate market

Lyon is in demand

According to the study "Emerging Trends in Real Estate Europe 2008", published by the Urban Land Institute (ULI) and Price Waterhouse Coopers in April 2008, for the 3rd year, Lyon ranks among the club of the six Western European cities preferred by real estate investors.

Lyon has established itself as an alternative to London and Paris

Currently attracting the same level of interest as Frankfurt, the Lyon urban area has established itself as an alternative to London and Paris,

• thanks to its highly competitive, quality real estate and
• quality of life.

In 2008, more than 830 million Euros were invested in real estate.

• This amount is consistent with the average for the last five years,
• although less than in 2007, which was a record year, with 1 billion Euros of investments
• 766 million in 2006

Lyon has stood up to the economic climate thanks to a solid rather than speculative market, and high-quality projects that meet the needs of businesses.

Breakdown of investments

In 2008, 830 million Euros were invested in real estate

• 53% (48% in 2007) of the amounts invested were invested in services sector real estate,
• 31% (13% in 2007) in logistics and
• 16% (18% in 2007) in business premises.

The commercial share is not well represented in 2008, since the major projects underway were acquired before 2008.

Spaces sold to investors

In 2008, surface areas sold to investors were

• 75,000 m² of office space,
• 30,400 m² of business premises and
• 66,000 m² of logistics buildings.

This is explained by the health and density of Lyon’s economic fabric, which translate into good occupation rates for buildings for housing services, logistics, and businesses.