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Real Estate: luxury properties have not lost their appeal
LE MONDE.FR - PAR AGNÈS LAMBERT LE 14/10/2020
The absence of wealthy foreign buyers as a result of the Covid-19 pandemic has not led to a drop in the price per square metre. The top end of the market remains a safe haven, real estate agents believe. A beautiful property with a garden located in a private street in the heart of Neuilly-sur-Seine (Hauts-de-Seine) was sold in July in a matter of hours, with four offers submitted at the asking price of 3.3 million euro. Cases such as this are not unique, according to Thibault de Saint Vincent,...
OLD-BUILD REAL ESTATE IS, FOR THE MOMENT, RUNNING FULL-SPEED AHEAD
LE FIGARO MAGAZINE - BY JEAN-BERNARD LITZLER & JORGE CARASSO ON 06.26.2020
Purchases, visits and sales restarted immediately and with gusto. However questions remain for the months to come.BUSINESS ACTIVITY : BUYERS AND SELLERS ARE PRESENT EN MASSESome may have feared that the controlled lifting of lockdown would lead to a wait-and-see period. This has not happened. Buyers and sellers have resumed their projects, and in greater numbers than before. "The recovery has been strong in all regions" according to Laurent Vimont, chief executive at Century 21 France. “Our June...
LUXURY REAL ESTATE BOUNCES BACK AFTER THE CRISIS
LE FIGARO - BY JORGE CARASSO ON 19.06.2020
"After a forced standby, the market is recovering despite the absence of foreign buyers.The luxury real estate market did not escape the Covid crisis. When lockdown was announced, the shock was brutal and visits, along with offers, dried up. And although a number of projects did not survive the economic downturn, since May 11th a bounce-back has been clearly witnessed in Paris and its desirable nearby western suburbs. Buyers looking for luxury houses and apartments and ready to put over a million...
Real Estate: What can we expect post-lockdown?
LES ÉCHOS - BY HÉLÈNE DUPUY ON 20.05.2020
"After two months during which the market was in shutdown mode, this first “post-lockdown” week and a half has witnessed significant real estate activity in France: visits, offers etc. Is this recovery to be short-lived? Are the first signs of a drop in prices in France showing? And what's happening in Paris? Following the lifting of many of the country's lockdown restrictions, the major real estate networks proclaim load and clear that this first week and a half has been remarkably dynamic....
POST-LOCKDOWN, CLIENTS SEEKING TO PURCHASE UPMARKET REAL ESTATE ARE PURSUING THEIR ACQUISITION PROJECT
BUSINESS IMMO - PAR GAËL THOMAS LE 19.05.2020
"Covid-19 has not killed the craving to acquire real estate, at least for clients of the Daniel Féau and Belles demeures de France networks who carried out a survey questioning over 900 potential buyers with a budget of above 500,000€ and who, prior to lockdown, were actively seeking to buy in Paris or in the nearby western suburbs. Over 82% of those questioned confirmed that they intend to pursue their project, and for two-thirds of them almost immediately. Only 10% have put their project...
The impact of lockdown on luxury realty
Analysis carried out by Daniel Féau and Belles demeures de France between the 8th and 15th of May 2020, questioning 902 potential buyers who were, prior to lockdown, actively seeking to acquire an asset in Paris or the nearby western suburbs.The principal results of the study: 1. The percentage of buyers intending to pursue their project is higher than we anticipated.Only 10.40% of those questioned have put their project on standby, and 7.40% have not yet come to a decision.82.20% of those...
Our agencies are open again!
Our precautions in time of COVID-19
To protect yourself and our team members, please take note of these strict hygiene measures which shall be applied in our agencies and during visits.OUR AGENCIES AND TEAM MEMBERSOur agencies reopened on May 11th 2020 with their usual opening hours.Thanks to our proven tools allowing for telecommuting, our team members remain totally operational. All are equipped with AFNOR approved category 1 facemasks.All visitors are requested to wear a facemask and hand sanitiser is provided at the entrance...
Sibylle de Margerie
A certain idea of luxury
With discretion, the interior decorator and ambassadress of a contemporary lifestyle undertakes projects across the globe, allying comfort with gentle femininity. A book today celebrates her particular style, all in nuances. By Eric Jansen She has just completed the Mont Blanc hotel’s penthouse in Chamonix, following on from Le Cœur de Megève ... Sybille de Margerie is at home in the mountains. It was on the snow- capped peaks that in 2006 her career took an important leap forward with...
The Paul-Louis Weiller Sale
The taste of a hedonist
Soupière du service Orloff par Jacques-Nicolas Roëttiers, 1770.On June 17th, Christie’s shall auction some of the treasures collected by Commander Paul-Louis Weiller, with collections that are as flamboyant as the life he lived. By Éric JansenHe died on December 6th, 1993, two months after celebrating his 100th birthday. An aviation hero during the First World War, officer of the Legion d'Honneur at the age of 25, a remarkable captain of industry, first of...
Coronavirus: "The Parisian real estate market will not collapse"
LEPOINT.FR - BY BRUNO MONIER-VINARD ON THE 02/04/2020
"A significant drop in prices is highly unlikely in the capital's luxury property market, assures the Daniel Féau group's CEO Charles-Marie Jottras. Charles-Marie Jottras, CEO of the Daniel Féau-Belles Demeures de France group, Parisian leader in luxury real estate with some 110 employees, predicts a relatively serene future for the premium Ile-de-France market. Le Point: How is the epidemic affecting your activity? Charles-Marie Jottras: People are nervous, anxious, it's a bit of a mess. Everyone...