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Concentrates on the ways in which the changes in property market conditions which are currently affecting primarily the Paris sub‐markets of the Golden Triangle and La Défense have begun to put pressure on the traditional methods of financing property in France. Discusses the current market conditions and ways in which these changing investment attitudes will inevitably lead French property companies to adjust both the development phase of projects and also their refinancing. Concludes that new financing techniques imported both form the UK and USA may be needed to alleviate some of the problems.

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