Investments in SCPI shaken up again by the rise in interest rates

Scalded cat fears cold water. SCPIs, these investments invested in real estate (offices, businesses, warehouses, etc.), which had regained favor with savers last year thanks to a lull in interest rates, are once again less popular. The recent rise in the cost of credit, which is weighing on the real estate market, is sowing doubt among individuals. “We have fewer requests for these products,” confirms Pierre Garin, real estate director of the broker Linxea. Especially since a few months before the presidential election, the time is rather for caution. »

Already in August, the resumption of tensions between the United States and Iran, as well as its corollary, the rebound in prices at the pump, had cooled some savers. A phenomenon which intensified in September, with the surge in rates on French sovereign debt, an increase which then spread to real estate loan rates. “Collection is running out of steam”, confirms the French Association of Investment Companies…