So far this method of sale was successful

The State sells its Paris offices located in the 3-5, boulevard Pasteur, 53, rue Saint-Dominique, the 96, boulevard Barbès, 8, Lisbon Street... For weeks, the assignments of the State (1) real estate Web site continues to refresh, lengthening the list of assets to sell. In addition to this ongoing showcase on the network, the public authorities publish regularly in the press of the "notice of call for entries" for assign their premises. On 9 September, the Ministry of economy and finance offered as a full page advertisement in "The world" to announce the sale of two apartments of 59-122 m2 located 54 street tree-Sec, in the 1st arrondissement of Paris, and September 19 in two mansions, of Port-Royal Street in the 3rd.

This technique avoids negotiations by mutual agreement in use in the workplace and public auctions. After several site visits, consultation of the technical file and the possible achievements of feasibility studies, each interested candidate submits to the same rules: submit, before the deadline of tenders, a sealed envelope containing the price proposal accompanied by a cheque for bail, his identity and his project. The day J, records must be deposited in 16 hours at the latest. 17 Hours, the opening of tenders board between stage. Only the best priced offer is accepted.

If the State considers that the higher price proposal lies within its financial claims, it reserves the right to not carry out the transaction and retains the property. On the other hand, if appropriate, the candidate is informed by registered letter. "Two days after the deadline for submission of tenders, I received by mail the positive response of our offer for the purchase of the hotel of the customs of the rue du Bac," recalls Laurent Dumas, President of Transimmeubles, associated in this operation the Fund anglo-saxon Carlyle.

Even if he does not wish to reveal the number of envelopes for any particular property, Daniel Dubost, head of France field the official structure in charge of transfers of real estate assets of all departments says is surprised to see that real estate professionals offer prices with important differences. So far, this method of sale was successful. "The context is favourable." The market carries. "In addition, the flow of capital, foreigners, ready to be invested in France is considerable," commented Alain Béchade, Chairman of the Board of Atisreal International.

"Many foreign funds examine carefully records and apply for the finest assets," said Gérard Aubert, President of CB Richard Ellis. "So far, we almost always had good surprises in the opening of tenders." "Offers are often higher than our estimates," it said in France domain. "Given the already signed sales in early September, the objective of transfer EUR 480 million announced for 2006 should be achieved", said, confident in Bercy. But this year seemed less good than the previous year. "Contrary to 2005 where beautiful Parisian florets have doped the amount of the assignment, the program of the year was quite crumbled with many small assets predominantly located in the province."

Criticized at the outset on his way to shed its assets, the State is professionalized the wire of the month, refining method of sale. "Now, advertisements and descriptions are written in English, which is an important detail because foreign investors are serious candidates," said Gérard Aubert. "Certificates of surfaces, by third-party expert surveyors, are online," said Daniel Dubost. "When we won the rue du Bac, we have thought time that certain documents provided by the State before the sale were inaccurate." "Six months later, after working on this dossier, all the information received proved reliable", said Laurent Dumas. "Progress is still to do in this area," said Georges Tron, UMP MP de L'essonne, author of two critical reports on the subject (2). "The fact sheet of an asset sold by a private player is always more complete than by the State." That confirms the Passage, President of Jones Lang LaSalle Benoît: "The State does not yet enough value assets which he wishes to be shed." Records are not sufficiently prepared. At the time, he draws not the maximum.

New tools

To breathe his heritage, optimize used surfaces and reduce the cost of the invoice, was launched in 2003 a broad policy of assignments

The State sells its Paris offices located in the 3-5, boulevard Pasteur, 53, rue Saint-Dominique, the 96, boulevard Barbès, 8, Lisbon Street... For weeks, the assignments of the State (1) real estate Web site continues to refresh, lengthening the list of assets to sell. In addition to this ongoing showcase on the network, the public authorities publish regularly in the press of the "notice of call for entries" for assign their premises. On 9 September, the Ministry of economy and finance offered as a full page advertisement in "The world" to announce the sale of two apartments of 59-122 m2 located 54 street tree-Sec, in the 1st arrondissement of Paris, and September 19 in two mansions, of Port-Royal Street in the 3rd.

This technique avoids negotiations by mutual agreement in use in the workplace and public auctions. After several site visits, consultation of the technical file and the possible achievements of feasibility studies, each interested candidate submits to the same rules: submit, before the deadline of tenders, a sealed envelope containing the price proposal accompanied by a cheque for bail, his identity and his project. The day J, records must be deposited in 16 hours at the latest. 17 Hours, the opening of tenders board between stage. Only the best priced offer is accepted.

If the State considers that the higher price proposal lies within its financial claims, it reserves the right to not carry out the transaction and retains the property. On the other hand, if appropriate, the candidate is informed by registered letter. "Two days after the deadline for submission of tenders, I received by mail the positive response of our offer for the purchase of the hotel of the customs of the rue du Bac," recalls Laurent Dumas, President of Transimmeubles, associated in this operation the Fund anglo-saxon Carlyle.

Even if he does not wish to reveal the number of envelopes for any particular property, Daniel Dubost, head of France field the official structure in charge of transfers of real estate assets of all departments says is surprised to see that real estate professionals offer prices with important differences. So far, this method of sale was successful. "The context is favourable." The market carries. "In addition, the flow of capital, foreigners, ready to be invested in France is considerable," commented Alain Béchade, Chairman of the Board of Atisreal International.

"Many foreign funds examine carefully records and apply for the finest assets," said Gérard Aubert, President of CB Richard Ellis. "So far, we almost always had good surprises in the opening of tenders." "Offers are often higher than our estimates," it said in France domain. "Given the already signed sales in early September, the objective of transfer EUR 480 million announced for 2006 should be achieved", said, confident in Bercy. But this year seemed less good than the previous year. "Contrary to 2005 where beautiful Parisian florets have doped the amount of the assignment, the program of the year was quite crumbled with many small assets predominantly located in the province."

Criticized at the outset on his way to shed its assets, the State is professionalized the wire of the month, refining method of sale. "Now, advertisements and descriptions are written in English, which is an important detail because foreign investors are serious candidates," said Gérard Aubert. "Certificates of surfaces, by third-party expert surveyors, are online," said Daniel Dubost. "When we won the rue du Bac, we have thought time that certain documents provided by the State before the sale were inaccurate." "Six months later, after working on this dossier, all the information received proved reliable", said Laurent Dumas. "Progress is still to do in this area," said Georges Tron, UMP MP de L'essonne, author of two critical reports on the subject (2). "The fact sheet of an asset sold by a private player is always more complete than by the State." That confirms the Passage, President of Jones Lang LaSalle Benoît: "The State does not yet enough value assets which he wishes to be shed." Records are not sufficiently prepared. At the time, he draws not the maximum.

New tools

To breathe his heritage, optimize used surfaces and reduce the cost of the invoice, was launched in 2003 a broad policy of assignments