In this episode of our Redevcast MAPIC World series featuring our French portfolio we talk about the current market dynamics, and our response to that. Despite turbulent macroeconomic conditions for the French economy, France is rebounding at a stronger pace, with inflation falling to 4% - lower than the overall European rate. Coupled with falling unemployment at 7.4% and government support packages, the French market remains resilient, strong, and attractive for investors. With the 2024 Paris Olympic games projected to deliver a major economic boost to cities across the country, Redevco is also playing its role in investing in innovative projects, such as our Boulevard Haussmann project in Paris and the redevelopment of the well-known department stores Galeries LaFayette and the La Samaritaine in the city. What 'beliefs' form the fundament for our redevelopment approach?
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