Greater Paris Region Market Dynamics, Q1 2026

A slower start to the year than expected, with take-up of just under 400,000 sq m (367,700 sq m). Business is down 15% year-on-year.

Immediate supply is still on the rise, now at 6.3 million sq m in the Greater Paris Region, with the overall vacancy rate at 11.4%. The biggest increases have been in Paris.

This is squeezing rents, with prime rents in Paris falling to €1,220/sq m/year.