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Office Letting Market France Q2 2019

"In the first half of 2019, take-up stood at 1,102,000 sq. m, down -19% compared with the first six months of 2018. However, this fall indicates a return to calm rather than a real weakness in the rental market. With less than 3 million sq m vacant, immediate supply remains on a negative trajectory (-7% year on year), The combination of a take-up that is still above the 10-year average and the contraction of supply is increasing the pressure on rental values"

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