The Cote d’Azur offers a positive environment and exclusive locations for the development of property investment activities.

Economic environment

Every year, the region, a real magnet for French and international executives, attracts dozens of foreign companies looking for offices, while established companies continue to expand their sites. The Cote d’Azur offers a variety of business sites including a science park, business parks, industrial estates and international business districts at extremely competitive rates.

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Property indicators

Low vacancy rates, high yields, a sustained transaction volume and pressure on new surface areas in the face of demand are the main characteristics of a Cote d’Azur market in full recovery. With yields of 7 to 8.5%, the Cote d’Azur business property market is highly attractive on the French and European markets.

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Development projects

The two main zones designed to accommodate new businesses offer property investors opportunities to be involved in ambitious projects in Sophia Antipolis and the Éco-Vallée Plaine du Var.

In Sophia Antipolis, the spaces currently in use are spread over 200 ha of available public land. The science park’s capacity is nearing 2 million m² of buildable space for 1.2 million m² of offices. To the west of Nice, the Eco-Vallée Operation of National Interest plans to create 50,000 jobs over 30 years through the development of cleantech and 2.5 billion euros of public and private investment by 2026.

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