According to a recent report published by the Urban Land Institute (ULI) and PricewaterhouseCoopers, Paris now rates highly for both total return on investment and low risk. Its risk-adjusted total return prospects were judged the best in Europe.
Some of the reasons that Paris ranked so well in the survey was its economic stability and sustainability, as well as its accessibility as a major global gateway. The report also mentioned that a strong pull for investors is the ample urban regeneration and redevelopment opportunities. Based on its positive trend over the last few years, the report forecasts that investment opportunities in Paris will be good for the next two years. According to Bill Kistler, President of ULI Europe, understanding local property market fundamentals is the key to successful investments.
The report "Emerging Trends in Real Estate Europe", interviewed 400 of the industry’s experts to identify Europe’s top cities for real estate investment.
Source: FinFacts Ireland
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