Sustained real estate momentum in 2025 for Paris La Défense

With more than 100 transactions recorded in 2025, Paris La Défense has had another record year in terms of transaction numbers, driven in particular by spaces smaller than 5,000 sq m. Another particularly encouraging sign is that the vast majority of transactions involve companies from outside the area.

The business district is thus confirming its growing appeal. In 2025, 73% of transactions were carried out by companies that were not previously established in the area, an unprecedented level that demonstrates its influence beyond its historical fabric.

After an already exceptional year in 2024 (114 transactions), Paris La Défense maintained its momentum with 106 transactions in 2025. This performance was largely driven by the small and medium-sized space (PMS) and mid-market segments, which alone accounted for 103 transactions.

This trend confirms that the supply meets the expectations of medium-sized companies and SMEs, for which the district is now the leading alternative to the capital.

In terms of take-up, volumes are down compared to 2024: 149,320 m² in 2025 compared to 211,200 m² the previous year. This decline is mainly due to a smaller number of large transactions (3 in 2025 compared to 8 in 2024), as well as longer decision-making processes, which have postponed some signings until 2026.

However, a number of transactions do not appear in the balance sheets, notably renegotiations such as KPMG, which renewed its 41,000 m² lease in the Eqho tower, and Sopra Steria's commitment until 2035 in the Latitude building for more than 22,000 m².

The vacancy rate also continues to fall, standing at 14.6%, confirming the gradual rebalancing of the market.

The profile of companies moving to Paris La Défense is diversifying in terms of both size and sector. New entrants are clearly different from the profiles that have historically dominated the district.

Sectors such as luxury goods, clothing, and beauty are gradually strengthening their presence, whereas they had previously been underrepresented. Notable new arrivals include Lacoste in the Altiplano building, as well as Kering, Christian Dior, Sephora, and Pandora.
The healthcare sector is also gaining visibility with the arrival of Merck, Biogen, LEO Pharma, and Takeda. They will soon be joined by Sanofi, which will move into the CB3 building once it has been renovated.