Lyon offices to benefit from pickup in French growth

The French economy has disappointed so far this year, but we expect stronger growth in the second half of the year and into 2019. This will be positive for the regional office markets such as Lyon, where vacancy is at 15-year lows and demand for space is set to be strong. As a result, we think that rental growth can reach around 2.5% p.a. in the next couple of years.

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