French Notaires have recently demonstrated remarkable innovation by using online property auctions to offload properties quickly, with one going a step further and using an alternative and seldom-used mechanism.
The tenants of a building in Essonne whose facade’s brickwork crumbled last year have been exempted from paying rent until full restoration is completed. This is not the first case of such a measure in the face of unsuitable living conditions.
The public body responsible for renovating La Defense has signed a deal with France’s biggest commercial property developer and Goldman Sachs to move forward with a major new development in La Defense.
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