Elephant /ˈelɪfənt/ An animal symbolic of power, wisdom and memory. But at the same time, a fragile giant.  It symbolises the power found in the property markets of the Greater Paris Region at the start of 2015, without ignoring the challenges that lie ahead. Retail: +50 to 60% rise in rental prices in certain locations. Lettings: 2.1 million of office space taken-up. Investment: 16.7 billion euros invested.