In 2001, CBRE joined forces with the three other major commercial real estate consultants in France to form a Groupement d’Intérêt Economique (an Economic Interest Group) named Immostat.
The aim was to pool data about transactions, by occupiers and investors, on commercial real estate in France.
This initiative has considerably improved transparency of the market for occupiers and investors alike, by providing them with harmonised, more reliable indicators.
France