Prices in the seventh arrondissement now range from 9,000 euros to 12,000 euros per square meter ($1,068 to $1,424 per square foot), according to Jeremy Lang of the real estate agencies France Property Search and Lost in France. “Properties aren’t really moving at any great speed, but prices are not really coming down either,” Mr. Lang said.
Much of Ms. Fine’s design inspiration came from a trip to a luxurious tented camp in India shortly after her arrival. “I didn’t have a garden, or land for a tent, so I decided to make a tented room with Indian block-prints,” she said.
The results can be seen in her bedroom and the Turkish-style sitting room in the main apartment. The walls in Ms. Fine’s ultra-pink bedroom and a silk screen standing behind a television set were both made near Jodphur by a tent-maker who she met on the trip. “I was so inspired by the process of making a tent, I asked him to make pink silk panels for my bedroom,” said Ms. Fine.
Monday, December 8, 2008
Friday, December 5, 2008
AMB Property Corporation(R) Stabilizes Lyon, France Development
AMB a leading global developer and owner of industrial real estate, today announced it has stabilized its AMB Isle d'Abeau Logistics Park C development in Lyon, France with a 264,000 square foot (24,500 square meter) lease agreement with Wincanton, a leading European supply chain solutions provider.
Lyon is France's second largest metropolitan area and the primary distribution hub for goods entering Europe via the port of Marseille. The logistics park's location serves one of the larger pan-European distribution networks due to its proximity to the main transportation access routes into Barcelona, Milan, Switzerland and Paris.
"Many customers in Europe are focused on time-critical decisions, and when their requirements call for well-located, Class A distribution facilities at key European trade hubs, we're pleased they continue to turn to AMB," said Mo Barzegar, AMB's managing director, Europe.
Lyon is France's second largest metropolitan area and the primary distribution hub for goods entering Europe via the port of Marseille. The logistics park's location serves one of the larger pan-European distribution networks due to its proximity to the main transportation access routes into Barcelona, Milan, Switzerland and Paris.
"Many customers in Europe are focused on time-critical decisions, and when their requirements call for well-located, Class A distribution facilities at key European trade hubs, we're pleased they continue to turn to AMB," said Mo Barzegar, AMB's managing director, Europe.
Wednesday, December 3, 2008
Sarkozy to help French car, housing sectors
PARIS, Dec 3 (Reuters) - President Nicolas Sarkozy will announce assistance worth billions of euros for the auto and housing sectors on Thursday in a stimulus package intended to help France's economy through the global downturn.
Sarkozy will announce his plans at 1100 GMT at a Renault (RENA.PA: Quote, Profile, Research, Stock Buzz) factory in Douai in northern France.
Recent data has painted a dire picture for France as the global financial crisis spilled over into the broader economy and started to hurt business investment and jobs.
Headline unemployment has risen past the politically sensitive 2 million mark, consumption has slumped and the economy is expected to tip into recession next year.
Sarkozy will announce his plans at 1100 GMT at a Renault (RENA.PA: Quote, Profile, Research, Stock Buzz) factory in Douai in northern France.
Recent data has painted a dire picture for France as the global financial crisis spilled over into the broader economy and started to hurt business investment and jobs.
Headline unemployment has risen past the politically sensitive 2 million mark, consumption has slumped and the economy is expected to tip into recession next year.
Tuesday, November 25, 2008
French Oct housing starts dive, 12th consecutive drop
PARIS, Nov 25 (Reuters) - French new housing starts fell for a 12th month in a row in October and by the largest amount in four months, data showed on Tuesday.
The housing ministry said new housing starts fell 20.6 percent in the three months to end-October compared with the same period a year earlier, the biggest fall since June 2008 when they dropped 28.2 percent.
Signs of a correction in the French housing market have been growing for months as transactions and then prices of existing homes fell in step with the slide in new home construction.
While the market slowdown in France has been less dramatic than in neighbours like Britain, Spain or Ireland, worries over real estate, combined with unemployment concerns, have helped drive consumer confidence to its lowest level in two decades.
The housing ministry said new housing starts fell 20.6 percent in the three months to end-October compared with the same period a year earlier, the biggest fall since June 2008 when they dropped 28.2 percent.
Signs of a correction in the French housing market have been growing for months as transactions and then prices of existing homes fell in step with the slide in new home construction.
While the market slowdown in France has been less dramatic than in neighbours like Britain, Spain or Ireland, worries over real estate, combined with unemployment concerns, have helped drive consumer confidence to its lowest level in two decades.
Subscribe to:
Posts (Atom)
