This study looks back over the 3 years activity of the Paris Commercial EIG, a tool for revitalising shops created in 2017 by the 3 main Parisian social landlords, intended to improve the commercialisation of vacant premises.
The EIG (Economic Interest Grouping) mission consists of commercialising vacant, ground floor premises in buildings of the three main Parisian social landlords (Paris Habitat, Elogie-Siemp and RIVP) and setting up diverse local businesses that encourage the occupation of premises and produce outgoing positive activity for the local inhabitants. Between 2017 and 2020, the action of the Paris Commercial EIG led to more than 500 reallocations throughout the Parisian territory. The study puts the EIG action into perspective, describes it in detail and gives the latest developments in commerce in Paris, based on Apur’s commercial database (BDCom).
Among the 7,000 or so premises of social landlords, the EIG is commissioned to rent out 200 to 300 premises that come available each year. As from 2017, the action of the EIG grew, until it was slowed down in 2020 by the health crisis. The businesses set up have enabled the local commercial offer for inhabitants to diversify in the neighbourhoods concerned, as shown by the results for each district presented in the study.
