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 create a new market indicator focusing on industrial take-up in the Greater Paris Region.
DEFINITION AND WORK SCOPE
The « industrial take-up in the Greater Paris Region », as calculated by ImmoStat, represents the volume of transactions (letting and sales to users) carried out with users in the Greater Paris Region.
ImmoStat defines industrials as premises used for the production or transformation of physical goods. Also included are warehousing-type transactions that do not have ICPE 1510 status, and courier services under 5,000 sqm.
This new indicator includes all installations, relocations or extensions to new industrial based on the signature of a contract between an owner and a company giving the company the use of the said premises.
INDUSTRIAL TAKE-UP IN THE GREATER PARIS REGION
Industrial take-up in the Greater Paris Region (volume of letting transactions and sales to users) reached 466,300 sqm in the first half of 2024, which is down by 22%, compared to the first half of 2023. Q2 2024 reached 220,000 sqm which is down by 30% compared to Q2 2023.
For the first half of 2024, transactions over 1000 sqm reached 338,200 sqm, which is 73% of take-up for the semester. Q2 2024 reached 159,300 sqm, which is 72% of take-up for the quarter.
For the first half of 2024, transactions in second-hand space continue to be in the majority representing 73% of takeup for the semester. Q2 2024, represented 76% of take-up for the quarter.
