France Real Estate Tenders

France boasts a thriving real estate market, with a projected value of US$24.93 trillion in 2023. This translates to an annual growth rate of 2.61%, indicating steady growth in the coming years.

The French government procures various real estate products and services, contributing significantly to the market. In 2023, the government's real estate procurement expenditures amounted to approximately €17.6 billion, representing a substantial portion of the overall market activity.

The French government procures a diverse range of real estate products and services, including:
Construction and renovation: This includes the construction of new buildings, renovation of existing ones, and major infrastructure projects.
Facilities management: This covers the day-to-day operation and maintenance of government buildings, including offices, schools, and hospitals.
Real estate consultancy: This involves seeking expert advice on matters such as property acquisition, development, and valuation.
Land acquisition: This involves the purchase of land for various purposes, including housing, infrastructure development, and environmental protection.

Several key authorities oversee France's real estate procurement process:
Direction de l'Immobilier de l'État (DIE): This government agency manages the state's real estate portfolio and oversees its procurement activities.
Agence France Immobilier (AFI): This public agency provides expertise and support to public entities in their real estate projects.
Caisse des Dépôts et Consignations (CDC): This public investment bank plays a significant role in financing real estate projects, including those undertaken by the government.

Leading companies consistently secure significant portions of France's government real estate procurement contracts, including:
Bouygues: A major construction and engineering company active in various sectors, including real estate.
Vinci: Another prominent construction and infrastructure company with a strong presence in the French market.
Eiffage: A construction group specializing in infrastructure and building projects.
Nexity: A leading real estate developer and property management company in France.

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