The transaction is the most important in 2009 to date

The record year of northern capital Office real estate looks good far. In 2007, the city had proudly 200,000 square metres sold or acquired in own-account. The first nine months of 2009 let appear a slight downturn in transactions with 75,000 m2négociés, according to the Observatory of the offices of the metropolis (OBM), or reflux of 3.5 in one year.

Professionals do not all share this analysis, like BNP Paribas Real Estate, regional leader. Vincent Martin, Regional Director, believes that taking account of transactions of 2008 false these statistics. "Do not deny the obvious and recognize a downturn in the Lille 25 market", he said.

Same Euralille, the pole lighthouse in the city, backed tertiary to the two stations TGV, suffers in the Office sector, while its rise housing is not denied. There are two major programs in completion, but not yet marketed: the Onix (16,000 m2) by Vinci and Codic, and Irisium (10,000 m2), directed by HQE by Bouygues Immobilier, sold to the German investor Deka. The first was the subject of intense negotiations with Dreal (ex-Drire), in 9,000 m2pour research focus services on 8 sites.

The State, actor of weight

The new Direccte (regional branch of business, competition and consumption, labour and employment), for 7,000 m2de the other hand, could complete the lease of the building still waiting for tenant.

It is also the State that could rise another operation of large size with the transfer of the Rectorate and the inspection of Euralille 2 Academy. The Ministry of National Education Research 15,000 m2pour host services. The regional group Nacarat formulated a proposal to France domain to build 18,000 m2sur the southern Triangle. At close proximity, a program is still public will be built by 2012 with the new regional headquarters of the national Centre of territorial public function, 10,000 m2.

The private sector is not to be absent. Euralille, a small Tower of 4,000 m2, property of Nami, changed its tenant, Auchan assignor places to EDF. The transaction is the most important in 2009 to date. The year is marked by the maintenance of the number of small operations (295 for nine months) and a few beautiful business of over 1,000 m2, but intermediate surfaces are very affected.

"The share of medium-sized transactions decreased, which is indicative of less dynamism on the part of SMEs", analysis André Bartoszak, Director of the OBM. "Between 300 and 1,000 m2, we are far below previous years," admits Hugues Laffineur, associate Tostain & Laffineur. The number three regional offices real estate however wants to remain optimistic because of the diversity of the economic fabric and the power of attraction of the large-scale distribution, the third quarter with a net increase in activity. The OBM evokes "perfectly in the average" figures of the last four years Is that the pace of decisions slows, while a growing part of the Park of second hand becomes less relevant to the performance of recent buildings. 41 of the market has also brought on new buildings this year. Available inventory reaches new levels with about two and a half years of marketing.

The bet of IRD to Wasquehal

Among the major programs expected figure a building of 7,500 m2en full heart of Lille, worn by Swisslife, delivered end-2010, which should cross rental Cape of the 220 euros per square metre annual, a first in Lille. Park of the Union, mounted between Roubaix and Tourcoing, will in turn offer a large tertiary set the first stone will not be laid before a year.

But the true bet in the area of the Office comes from the regional interprofessional group IRD. He bought 6 hectares of land on the site of "The voice of North" to Wasquehal printing to realize estimated m2de high standing on the edge of highway on a zone so far not identified as tertiary in the Northern Metropolitan.