Greater Lyon: Real estate market update n°14 (period from 1 January to 30 September 2008) / Industrial premises
Take-up between 1 January and 30 September 2008
A total of 210,306 sq. m was taken up, down 9% on the same period in 2007 (230,133 sq. m taken up):
 | 81% of this space was in existing property,
|
| 44% of this space was sold to occupiers (this percentage has remained stable). |
Lyon's inner eastern suburbs, still a very attractive area, accounts for 48% of take-up since the start of 2008 (this proportion has remained stable with regard to the total number of sq. m taken up).
Take-up outside the Lyon urban area also accounts for a considerable proportion (28%) of the total as a result of an extensive product range currently being developed within three areas:
| the CCEL ("Community of Communes of Eastern Lyon") to the east of Greaters Lyon;
|
| the area known as the Côtière (considered inner suburbs of Lyon) in the Ain department;
|
| and the North Isère area. |
Perspective for 2008
Take-up in existing property remains predominant, as demand for land for construction outweighs the available supply. Between now and the end of 2008, a decline in take-up compared with 2007 is expected, although levels will remain in line with averages for the last 10 years.
Principal transactions between 1 January and 30 September 2008
| PRO ARMATURE RHÔNE: 6,510 sq. m (Corbas-Lyon inner suburbs)
|
| MIS NÉGOCE: 4,500 sq. m (Isle-d'Abeau-Lyon outer suburbs)
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| CLS: 3,900 sq. m (Saint-Priest-Lyon inner suburbs)
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| TARVEL: 3,700 sq. m (Genas-Lyon outer suburbs)
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| OR BRUN: 3,400 sq. m (Genas-Lyon outer suburbs)
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| DECAYEUX STI: 3,216 sq. m (Dagneux-Lyon outer suburbs)
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| SOGETREL: 3,173 sq. m (Saint-Priest-Lyon inner suburbs)
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| CHEMO: 2,858 sq. m (Montanay-Lyon outer suburbs)
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| ATPI: 2,544 sq. m (Chaponnay-Lyon outer suburbs)
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| LOCAPOSTE: 1,821 sq. m (Rillieux-la-Pape-Lyon inner suburbs) |
Rental values realised (in €/sq. m/year exc. VAT and charges)
| Rents have experienced a modest rise. |
Further info
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Real estate market update n#14 (17/11/2008 - 130 Ko)
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