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Lyon-business.org - Portail économique

Summary

Lyon tertiary market: property market for offices

With a total of 286,000 sqm rented or purchased – a 43% increase on 2006 – the optimistic forecasts for 2007 have become reality. The companies concerned hail from a wide range of sectors: business services, service-sector functions of industrial groups, local authorities, banks, and public relations companies, to name but a few.

 

Indeed, 2007 stands out as an exceptional year in which major user-company projects began to take shape. With a total of 579 transactions, the entire Lyon area has witnessed a considerable growth.


The tertiary sector: an increasingly attractive and dynamic market




Lyon, second largest stock of tertiary-sector premises in France



Lyon, home to the second highest concentration of decision-making centres and the second largest stock of tertiary-sector premises in France (after Paris), offers almost 4.3 million sqm of office space.

 

Tertiary-sector activities are a vitally important area for the economic development of Lyon, and currently account for 80,000 jobs – two thirds of the city’s working population. Most of these are located at Part-Dieu, the Cité internationale, Gerland, Vaise, the Pôle Économique Ouest (Western Lyon Economic Cluster) and Porte des Alpes.

 

Alongside Part-Dieu, Lyon’s business district par excellence, considerable growth has taken place in important complementary tertiary clusters such as Gerland, Techlid (Western Economic Cluster) and Porte des Alpes.

 

This “multi-polar” approach, combined with the construction of high-quality property developments, makes the Lyon metropolitan area a clear European leader in the tertiary sector.

 


Major projects



This position reinforced by the number of major projects currently under way:

Part-Dieu

Oxygène Tower (28,000 sqm);
6e Sens (7,900 sqm);
Triangle Part-Dieu (11,400 sqm);

 

The Confluence

completion in 2007 of Le Progrès newspaper group headquarters (11,400 sqm), and renovation of the old Customs building, dedicated to communication and the arts
in 2008, completion of the Time Square development (6,000 sqm), and Le Monolithe (14,300 sqm)

Oxygene Tower and Cours Oxygene © Sogelym Steiner

Oxygene Tower and Cours Oxygene © Sogelym Steiner



Office purchase and rentals since 1998



Office purchase and rentals since 1998

Click on the picture to zoom in.



* Read about the industrial and logistics market




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Printable version
MORE INFO
DOWNLOAD

Property & Real estate market update in the Greater Lyon area :

pdf  Real estate Market update n#13 half-year 2008 (PDF - 128 Ko)

 

pdf  Real estate Market update 2007 (PDF - 636 Ko)

pdf  Real estate Market update n#11 3rd quarter 2007 (PDF - 123 Ko)

pdf  Real estate Market update n#10 half-year 2007 (PDF - 69 Ko)

 

pdf  Real estate Market update 2006 (PDF - 660 Ko)

 


CONTACT

 Emmanuelle Boucheron (Property and real estate project manager - Greater Lyon Urban Community)


INFORMATION

 

 Our team remains at your disposal for further information

Phone number:  04-78-63-40-96


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