Our review of the French property market for 2025 is now available.
Between early signs of recovery and persistent structural fragilities, the industry clearly stands at a crossroads.
Despite a highly uncertain geopolitical and economic context, several indicators point to a gradual rebound: investment activity is selectively returning, and listed real estate has outperformed broader equity markets. However, delays in project launches and a still fragile residential market continue to weigh on developers’ revenues.
What stood out in 2025 :
- Strong growth in mortgage production, which reached +35% by the end of 2025.
- Contrasting dynamics across asset classes : recovery in the existing housing market, clear rebound in commercial property but delayed launches of new projects and a residential market that remained fragile.
- France consolidated its third position on the European market, with a +14% increase in commercial real‑estate investment.
- Listed real‑estate companies outperformed the CAC 40, with the IEIF France Real Estate Index rising by 18%.
Read the full report here.