Opportunities 'growing' in France
International property investors may be pleased to learn that Standard Life Investments is to open a new office in Paris.
According to the firm, the new outlet will provide continued support in an area that is seeing growing real estate activity.
Moreover, the firm states that it currently deals with 1.3 billion euros (£0.8 billion) worth of real estate investment in places such as France, Spain and Germany.
Director of European property at the company James Rushworth said that Paris was one of the central business locations on the continent and that the development will strengthen the company's position in newer markets.
He also cited the "fast growing economies of Eastern Europe" as a prime site for investments elsewhere.
In addition, the geographical location of Paris was chosen as the firm can see considerable growth opportunities.
Recent comments from the estate agent le Bec Immobilier suggested that improved French rail links will increase investment opportunities in the country.
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