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28 May 2012

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Paris office rents seen falling 7.5% in 2010

Prime office rents in central Paris are expected to decline around 7.5% next year against a background of growing supply and stagnating demand, according to a new survey by the London-based Investment Property Databank and the Paris-Ile de France regional development agency. Prime CBD office rents are forecast to fall to an average of e620 per sq.m. at end-2010 from e673 currently. (See upcoming PIE/PFE editions for full story)

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