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After impressive performances in 2023, France closed the month of January with a 54% occupancy rate compared to 55% last year and a +1% average price. The national RevPAR, however, saw a slight decrease of -1%.
Île-de-France and the regions closed the month at 62% and 50% occupancy rates, respectively. In Europe, activity strengthened compared to last year with an occupancy rate of 55% (+3 points vs January 2023).
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The conversion of out of date offices offers promising opportunities to revive the housing supply. For instance, REDMAN, in partnership with Icade Promotion, has been selected to convert the tower of the International Agency for Research on Cancer in Lyon into a mixed complex (housing, offices, shops, activities dedicated to social and solidarity economy, health services).
Matthias Navarro joins other industry professionals to share REDMAN’s vision on the necessary but complex transformation of office real estate in Les Echos. Beyond its economic dimension, this conversion is one of the responses to societal and environmental challenges.

The first Matinale des Assises du Grand Paris dedicated to the legacy of the 2024 Olympic and Paralympic Games will take place this Tuesday, February 27th!
The program includes three round tables bringing together Grand Paris operators to discuss the challenges and issues related to the 2024 Olympics and its legacy.
Join us on Tuesday for a morning full of exchanges organized by Le Journal du Grand Paris!
🗓 Tuesday, February 27th starting at 8:30 am
📍FNAIM Grand Paris – 27 bis avenue de Villiers, 75 017 Paris