LONDON, April 7 (Reuters) - The Paris office market is well placed this year to weather a global financial downturn, even though prime rents in the French capital have hit a ceiling, a report by CB Richard Ellis (CBG.N: Quote, Profile, Research) (CBRE) showed on Monday.
"To conclude, 2008 could closely resemble 2007," the CBRE report said, forecasting an average 3-5 percent rise in average Paris office rents over the course of the year.
The global property services firm said it expected the vacancy rate in Greater Paris to stay around 5 percent this year, indicating a market that was generally undersupplied.
