An Olympic Win For Investment In Paris 2024

"Faster, higher, stronger!" Those are the 1913 words of Pierre de Coubertin, whose country of France had to wait 100 years to see the Olympic rings on the Eiffel Tower once again. But, the time has come: Paris will be hosting the Olympic Games in 2024, as the IOC announced in September!

The announcement has brought investors' interest to France, with a massive boost expected for current real estate and infrastructure projects in the French capital, as well as new ones.

First of all, new projects under the banner of the Olympic Games, such as the Olympic and Paralympic Village and the Media Village, will need building. This amounts to at least 4,500 habitations to be built, 100,000 m² of new space for economic activities, and 23,000 m² devoted to equipment and related services—plus tens of thousands of hotel rooms which are expected to be built in Paris.

Secondly, already underway though at an early stage, is the project of Grand Paris, which features a new subway called the Grand Paris Express. This automatic line of 200 kilometres with 68 stations was planned for 2030, but parts of it are now foreseen to be operating as soon as 2024.

The future looks radiant for the Paris real estate market and infrastructure, with millions of visitors and athletes heading to the French capital in 2024.

Plus vite, plus haut, plus fort

. La France, en digne héritière de Pierre de Coubertin, aura dû attendre 100 ans pour voir de nouveau les anneaux olympiques orner la Tour Eiffel. Ce sera chose faite en 2024, l'a confirmé le CIO en ce mois de septembre.

Les yeux des investisseurs se tournent donc vers la France et l'ensemble des projets immobiliers et...