Remarkably, the investment market in 2006 was particularly active despite the relative lack of supply. New players appeared, among them foreign funds, and bought speculative schemes from developers. Many individuals invested or continued to invest in commercial real estate in Grenoble, seeking more attractive returns than investment in housing offered, despite the higher risk.
The occupiers’ market in the office and light industrial sectors improved slightly. Take up of offices rose slightly (9%) to stand at 47,857 sq. m, an average figure in our market.
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De Villard CBRE, a member of the CB Richard Ellis network, has offices in Grenoble and Bourgoin Jallieu. Our 8-person team will tailor solutions to meet your company’s specific needs regardless of the nature and challenges of the project:
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