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20 March 2012

BNP Paribas Real Estate strengthens its presence in the United States

BNP Paribas Real Estate has strengthened its presence in the United States by signing an alliance agreement with Transwestern.

This alliance agreement signed by BNP Paribas Real Estate and Transwestern covers the transaction, valuation and consulting business lines for corporate real estate.

 

Transwestern is located in 31 cities, including Houston, New York, Chicago, Los Angeles, San Francisco, Dallas and Miami, and employs 1,750 staff.

 

“For BNP Paribas Real Estate, Transwestern is a partner of choice due to its size, its broad coverage of the United States and its excellent market knowledge. Transwestern wanted to support its clients outside the United States. From our point of view, we needed to improve our access to US clients. As such, we are signing this partnership agreement at an ideal time”, said Bernard Blanco, Head of International Management at BNP Paribas Real Estate.

 

“Our alliance with BNP Paribas Real Estate allows Transwestern to work in collaboration with one of the leading international real estate providers. Like Transwestern, they are known and renowned for their expertise and the quality of the services they provide. Through this partnership, we will be providing BNP Paribas Real Estate clients with the same level of service they are used to along with outstanding United States market knowledge and an innovative approach to the business. Together, we will be able to exceed our clients’ goals”, explained Larry P. Heard, President and CEO of Transwestern.

 

Signing this new alliance agreement demonstrates BNP Paribas Real Estate’s ambition to continue its international expansion, in order to support its clients in their real estate strategies. In addition to its 3,400 employees spread across 15 countries, BNP Paribas Real Estate’s Alliance Network, which now represents 2,500 employees across 15 additional countries, enables the company to support and serve clients in a total of 30 countries.

 

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