RESIDENTIAL INVESTMENT Q4 2025

Since its creation in 2001, the members of the GIE ImmoStat have always worked to strengthen the readability and transparency of the business real estate market. This is why they have decided to include investment operations in residential assets in France in their monitoring.To enhance the reliability of this new indicator, the members of the GIE ImmoStat (BNPPRE, CBRE, Cushman & Wakefield and JLL) have teamed up with three partners with a strong presence in the residential market: BPCE Solutions immobilières, FONCIA Valorisation and IKORY. >Download the press release DEFINITION AND WORK SCOPE The “amount of residential investment in France” indicator, as calculated by ImmoStat, representsthe overall volume of residential assets acquired in bulk during a given period by players with a view to obtaining a financial return from holding the property acquired. This new indicator includes all residential assets sold in bulk, whether they are conventional or intermediate rental accommodation, student and senior residences (excluding EHPAD) as well as co-living residences, and mixed residential assets. Pure social housing is excluded from this indicator. RESIDENTIAL INVESTMENT IN FRANCE At the end of 2025, the total amount of residential investments in France, as defined by ImmoStat, was €4.3 billion, which is up by 29% compared to 2024. Q4 2025 is up by 74% compared to Q4 2024, reaching €1.6 billion. Classic and intermediate residential assets totaled €2.6 billion in 2025, which is down by 5% compared to 2024. Q4 2025 is up by 38% compared to Q4 2024, reaching €1.1 billion. Lastly, residential assets under management totaled €1.7 billion in 2025, which is up by 213% compared to 2024. Q4 2025 is up by 251% compared to Q4 2024, reaching €550 million.