Rent reductions more popular in France, says Savills

Incentives and rent reductions are becoming more popular in France as property owners seek to secure their tenants amid worsening economic conditions and a weakening occupier market. France, which has long been considered as Europe's most resilient property market, saw property investment and letting activity slow down considerably in the fourth quarter of last year, with all the indicators currently pointing to a weaker outlook for 2009.

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