France's business environment remains among the best in the world. This is underpinned by a welleducated and highly skilled workforce, strong institutions and advanced transport and communications infrastructure. The government continues to occupy a sizeable role in the economy, with public spending totalling around 55% of GDP, among the largest in Europe. While a problem for some, it is the government's infrastructure developments that have helped the country achieved a world-class construction industry. Despite this, economic growth is low and austerity measures could adversely impact the real estate sector. Consequently, the French commercial real estate sector is subdued.