French property boom alerts global companies
created on Wednesday 23rd November 2011

 A guide to the potential of relocating part of your business to France where property is in high demand

A report by BNP Paribas Real Estate suggesting that global property investors are taking a significant interest in the French retail property market has alerted corporations around the world.

A number of established fashion brands have increased their representation on French high streets, and anyone involved in this industry may wish to think about the merits of relocating to the area now to take advantage of the tangible potential for growth.

“Retail has been particularly attractive to investors in France thanks to the resilience of household consumption,” according to the report.

The report also highlighted that rents on the Avenue des Champs-Elysees are currently higher than the rest of Europe’s prime shopping locations. They are estimated to stand currently at £9,401 (€11,000) per square metre, per year.

That figure exceeds Oxford Street rental prices by over €2,000. The French capital is clearly the place to consider relocating if your company is in need of some sustained growth.

Top European fashion brands are queuing up to take advantage of the relocation potential, could your company be the latest in line to benefit from the growing trend?

Relocating part or all of your business to somewhere like France is fraught with complications and important details.

It is imperative that you give your employees the platform to carry out their work effectively and make their transition into their new surroundings as comfortable as possible.

With that in mind, corporate relocation services can help you with several tricky aspects of the ‘big move’. Professional relocation experts can deal with issues such as tax/immigration questions to identifying local schools and hospitals.

The knowledge that such details are taken care of will aid your employees in the task of getting on with their jobs in their brand new location.


 

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