RESIDENTIAL INVESTMENT Q2 2026

Since its creation in 2001, the members of the GIE ImmoStat have always worked to strengthen the readability andtransparency of the business real estate market. This is why they have decided to include investment operations inresidential 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, ESSET Valorisation and IKORY. >Download the press releaseDEFINITION AND WORK SCOPEThe “amount of residential investment in France” indicator, as calculated by ImmoStat, represents the overall volumeof 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 rentalaccommodation, 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 FRANCEIn the first half of 2026, the total amount of residential investments in France, as defined by ImmoStat, was €1.2billion, which is down by 42% compared to the first half of 2025. Q2 2026 is down by 65% compared to Q2 2025,reaching €421 million.Classic and intermediate residential assets totaled €851 million since the beginning of 2026, which is down by 32%compared to the first half of 2025. Q2 2026 is down by 50% compared to Q2 2025, reaching €276 million.Lastly, residential assets under management totaled €367 million over first half 2026, which is down by 56% compared to first half of 2025. Q2 2026 is down by 78% compared to Q2 2025, reaching €145 million.