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Engel & Völkers Paris: commercial real estate division

The commercial real estate division at Engel & Völkers is one of the four areas of expertise of the German group, also expert in luxury residential real estate, yachting and private aviation. The division was launched in 1988, only 11 years after the creation of the company. Primarily dedicated to professionals and businesses, the commercial real estate division is experiencing rapid success and lightning growth worldwide, in line with the group's ambitious global expansion strategy. With a strong presence in France, North America, Qatar, Malta, South Africa, Spain, Italy, Czech Republic, Austria, Germany and Switzerland, the Engel & Völkers commercial division has already established itself in the most attractive real estate markets in the world.

The Engel & Völkers Commercial division in Paris

The launch of the commercial real estate division in France is fairly recent and focuses exclusively on the city of Paris. For almost 6 months now, the real estate agents within this division have been using their unique expertise and strong knowledge of the market to offer bespoke properties to professionals with high standards and specific requirements.

Gathering a total of 82 mandates, the commercial division of Engel & Völkers Paris covers all of the most attractive areas in the French capital and offers a diverse range of properties for all commercial activities and industries.

In Paris, the company markets residential and commercial buildings, offices and shops, commercial and industrial spaces, hotels and investments. By also selling residential portfolios to individual or institutional investors, Engel & Völkers Commercial real estate agents actively contribute to the Parisian economical environment.

If you are looking for a commercial space, you can rely on Engel & Völkers core values: competence, exclusivity and passion. The agents are always available for you and offer personalised services and advice, as well as a market price assessment. Equipped with a detailed knowledge of the local market and a network full of key contacts, our experts will support you throughout your professional project.

Focus on the Parisian commercial real estate market

With a 13.4% increase in global sales in 2018, the e-commerce industry continues to grow in the ever changing and expanding digital era. Nevertheless, the physical trade is still very active and has been able to adapt to new technologies and become a complement to the online market.

Nowadays, physical commerce is present in many different ways, adapting to areas, lifestyles and seeking to attract customers by offering them an experience that can not be found online. This new use of the physical point of sale shows the importance of choosing a commercial space in the right location. Since 2015, the city center of Paris and its main shopping streets are amongst the favorite locations, close to big shopping centers and public transports (train stations, metro stations...), which are the main points of attraction.

The 2018 figures of the market price trend in commercial real estate in Paris confirm this migration in the busiest arteries of the capital. The 8th and 1st districts of Paris saw the price of their business premises increase at the end of 2018, a trend that has continued in 2019. On the opposite, market experts observe a decrease in prices for the 6th, 7th and 15th districts of Paris.

If you have a professional real estate project, contact our dedicated experts now and make it a reality!

Jean-Marie Arnould

Team Leader Département Commercial

E-mail : jean-marie.arnould@engelvoelkers.com

Tel : 01 45 64 30 31

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