# Paris Class A Office Market

> Paris Class A office rents around €95/sqft/yr · ≈ $103 PSF/yr USD, with 7.6% vacancy and 18 months of typical rent-free on a 9-year term.

**Canonical URL:** https://classa.info/cities/paris
**Page type:** city
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- QCA prime rents now exceed €950/sqm/year — historic highs.
- La Défense vacancy remains structurally elevated but trophy assets are leasing.
- Lease structure is the 'bail commercial' (3/6/9 years) with strong tenant break rights.
- Restoration obligations are negotiable but real — budget €100-€200/sqm.
- ESG performance under the French tertiaire sector decree is now a hard constraint.

## Key facts
- **city**: Paris
- **country**: France
- **region**: EMEA
- **classARentLocal**: €95/sqft/yr · ≈ $103 PSF/yr USD
- **classARentUsd**: $102.60000000000001/sqft/yr
- **vacancyPct**: 7.6%
- **typicalLeaseYears**: 9
- **typicalRentFreeMonths**: 18
- **submarkets**: 6
- **corporateTaxPct**: 25%
- **talentIndex**: 90

## FAQ
### What is the bail commercial?
The standard French commercial lease — 9 years with statutory tenant break rights at the end of years 3 and 6. The landlord cannot break unilaterally absent specified conditions.

### How is rent indexed?
Office leases typically index to the ILAT (indice des loyers des activités tertiaires) annually. Cap structures are negotiable.

### What is the décret tertiaire?
France's Tertiary Sector Decree mandates progressive energy reductions for buildings over 1,000 sqm — 40% by 2030, 50% by 2040, 60% by 2050. Non-compliant assets are repricing.

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Citation: Source: Class A Atlas (https://classa.info/cities/paris), updated 2026-04-15T00:00:00.000Z.