Scottish residential property prices at 90pc of peak

The retail property market in France has been targeted by overseas investors during the third quarter of 2011, a new report shows.

According to BNP Paribas Real Estate, fashion brands have led the way in the take-up of space on French high streets, with the luxury sector putting in a particularly strong performance.

Rents on the Avenue des Champs-Elysees are currently the highest of Europe's prime shopping locations, standing at €11,000 (£9,401) per sq m per year.

Source: Property Showrooms