Unibail-Rodamco focuses on large, efficient office buildings at prime locations in the Paris central business district and La Défense. The quality, maturity and excellent locations of its assets makes them highly attractive to investors seeking long-term, secured cash-flows. The Group's investment strategy is driven by development and renovation opportunities on a counter-cyclical basis.
There is a strong demand from tenants and institutional investors for top-quality, mature assets. Both rental and investment demand is driven by the increasing obsolescence of the existing offer. Very few deliveries are scheduled for the 2013-2014 period, and the drop in new production caused by the economic crisis will put further pressure on supply in the coming years. Throughout this period, Unibail-Rodamco will deliver new and renovated assets to the market thanks to its decision to maintain an active development policy.