RESIDENTIAL INVESTMENT Q3 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, represents the 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 September 2025, the total amount of residential investments in France, as defined by ImmoStat, was €2.5 billion, which is up by 4% compared to the end of September 2024. Q3 2025 is down by 18% compared to Q3 2024, reaching €561 million. Classic and intermediate residential assets totaled €1.4 billion since the beginning of 2025, which is down by 27% compared to the same cumulative last year. Q3 2025 is down by 59% compared to Q3 2024, reaching €262 million. Lastly, residential assets under management totaled €1.1 billion since the beginning of 2025, which is up by 177% compared to the same cumulative last year. Q3 2025 is up by 549% compared to Q3 2024, reaching €299 million.