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The City of Paris, the capital's leading housing investor

According to a study by Newmark, the municipality and its social landlords have invested and pre-empted more than €1 billion worth of residential property in two years.
25-27 avenue du Docteur-Arnold-Netter, Paris (CoStar)
25-27 avenue du Docteur-Arnold-Netter, Paris (CoStar)
Business Immo
November 14, 2024 | 8:19 AM

Translated from French.

The City of Paris, with the help of its social landlords, has become the leading investor in residential property in the capital. This is the finding of a ground-breaking study by Newmark, which counted 84 transactions since the start of 2023, nearly one transaction in two, resulting in the creation of just over 2,000 housing units. "These transactions represent a total of €1.1 billion, making public-sector players the main players in the market, ahead of private and institutional investors," points out David Bourla, Director of Studies and Research at Newmark. Over 40% market share according to the council.

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