“New Trends in the European Real Estate Markets

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11:15 – 12:30 - Panel 2 - Mirus
““New
New Trends in the European Real
Estate Markets: French REITs
Success Stories
”
Stories”
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“New Trends in the European Real Estate Markets :
French REITS Success Stories ”
Thierry JACQUILLAT
Chairman of the Greater Paris Investment Agency
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GREATER PARIS INVESTMENT AGENCY
¾ OUR AMBITION :
To highlight Greater Paris as the
Business Capital of Europe
¾ OUR MISSIONS :
• To promote the assets of
Greater Paris to foreign investors
• To bolster the attractiveness of
Greater
Paris
by
lobbying
political and economic decisionmakers
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OUR MEMBERS
Accor, Aéroports de Paris, Air France, Altran Technologies, Atis Real, Bal du Moulin
Rouge, Bank Audi Saradar France, BNP Paribas, BRED Banque Populaire, Cabinet
Diot, Cabinet Fidal International, Cailliau Dedouit & Associés, Caisse des Dépôts et
Consignations, Caisse Nationale des Caisses d’Epargne, Calyon, Chambre de
Commerce et d’Industrie de Paris, Chambre de Commerce et d’Industrie de Versailles,
Chambre Régionale de Commerce et d’Industrie Ile-de-France, Colas, Colony Capital,
Comexpo Paris, Commissariat à l’Energie Atomique de Fontenay-aux-Roses,
Communauté d'agglomération du Plateau de Saclay (CAPS), Crédit Industriel et
Commercial, Cushman & Wakefield, Deloitte et Touche, EDF, Epamarne / Epafrance,
Ernst & Young Law, Etablissement Public pour l’Aménagement de la Défense (EPAD),
Euro Disney - SCA, Euronext, Fédération Nationale des Travaux Publics, Fédération
Régionale des Travaux Publics, FNAIM de Paris et l’Ile-de-France, France - Amériques,
France Télécom, Freyssinet, Galeries Lafayette, Gaz de France, Gide Loyrette Nouel,
GMC Services, Havas, HSBC-CCF, Icade EMGP, JC Decaux, Jones Lang LaSalle
France, JP Morgan Chase Bank, Klépierre, KPMG, La Poste, Londez Conseil, LVMH
Moët Hennessy, McKinsey & Company Inc, MEDEF Ile-de-France, MEDEF Paris, Parc
des Expositions de PARIS-NORD Villepinte, Paris Expo, Paris Sélect, Pernod Ricard,
Port Autonome de Paris, RATP, Seine et Marne Développement, SEMAPA, SILIC,
SNCF, Société des Constructions Electriques de la Seine, Société Générale, Suez,
Systra, Total, Unibail…
GREATER PARIS
THE EUROPEAN STRATEGIC CENTER FOR
BUSINESS
¾ Highest GDP (430 billion
among European metropoles
euros)
¾ Ahead states such as Denmark or
Belgium
¾ 1st location in Europe for the top 500
worldwide companies
¾ An access to more than 300 million
consumers within 500 km of Paris
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GREATER PARIS
A DENSE AND EFFICIENT
TRANSPORTATION NETWORK
¾ 1st airport hub in continental
Europe:
• 80 million passengers /year
• 6th worldwide
¾ 1st leading urban transport network
• 12,000 km of roads and 700km of
motorways
¾ Best international rail links
• At the hub of the French and
European high speed train network.
• Link major European cities in less
than 4 hours
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GREATER PARIS
HIGH QUALITY EMPLOYMENT
¾ 1st employment area in Europe: 5,6
million employees
¾ 25% are executives
¾ 1st for GDP per capita among
European Capitals with 40,000 €
¾ 724 000 foreign workers
¾ 100 nationalities
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GREATER PARIS
EUROPEAN LEADER IN R&D
¾ 1st European location for Internal R&D Expenditure
- 13.4 billion euros per year
- 3 % of the region's GDP
- 6% of the European expenditure
¾ Highest concentration of researchers in Europe :
- 70,000 researchers
- 5th highest concentration in the world
- 13.1 researchers to every 1000 operational
personnel, as opposed to 4.7 in the Silicon
Valley
¾ 3 world-class clusters:
- Systematic
- Cap digital
- Medicen
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GREATER PARIS
A MAJOR FINANCIAL MARKET
IN THE HEART OF EUROLAND
¾ Paris: largest stock market in Euroland
¾ Market capitalisation with more than 1,6 trillion euros
¾ Paris is Europe’s leading stock exchange: with a turnover
of 1,8 billion euros, Paris ranks 1st for the total volume of
transactions.
Why invest in Eurozone financial markets ?
Outperformance over all investment horizons
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Why invest via French asset managers ?
Paris, the « Boston » of Europe
GREATER PARIS
DIVERSIFIED & COMPETITIVE
BUSINESS REAL ESTATE
¾ Europe’s largest office market: 48 million sq. m.
2nd largest in the world (before New York and
after Tokyo)
¾ Paris top-of-the-line products two times less
expensive than London
¾ Available office space : 3 million square meters
¾ Record investment: €17.5 billion invested
representing a 44% increase on 2004 levels
¾ Prestigious buildings owned by the French State
available on the market
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GREATER PARIS
WORLD CAPITAL FOR CONVENTIONS, TRADE FAIRS
AND TOURISM
¾ The
world capital for conventions
and trade fairs with more than 2,000
business events each year
¾ The
world capital for tourism with
44 million tourists / year
¾2
500 hotels
¾ Exceptional
living conditions
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www.europinvest-paris.com
Contact :
Thierry JACQUILLAT
Chairman
Email : [email protected]
Tél : + 33 1 55 65 74 80
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New York, Monday, October 23, 2006