BNP Paribas REIM with a transaction volume of € 4.8 BN in 2017
With 8 countries covered, BNP Paribas Real Estate Investment Management (BNP Paribas REIM) announced that it saw inflows of over € 3.1bn in 2017: € 1.7bn new cash achieved in funds and € 1.4bn in separate accounts/mandates.
At the end of the year, BNP Paribas REIM managed € 27.4bn of assets in Europe (+€ 3.3 bn vs. 2016): € 12 bn in France; € 5.2 bn in Italy; € 5 bn in Germany; € 3.6 bn in BeNeLux and € 1.6 bn in other countries. 75% of investors in BNP Paribas REIM’s funds are institutional investors.
BNP Paribas REIM achieved a real estate transaction volume of about € 4.8bn (hereof € 3.5 bn investments and € 1.3 bn divestments), a record high.
BNP Paribas REIM is mainly invested in offices (61 %), followed by retail (17 %), residential (9 %), mixed buildings (5 %), and other asset classes such as technical, healthcare, hotel and leisure (8 %)
Barbara Knoflach, Global Head of BNP Paribas Real Estate Investment Management, comments ”Being part of one of the most successful Real Estate networks in Europe in combination with our focus on long-term sustainable outperformance contributes to strong growth. We are proud to have been able to expand our private clients business outside France and to onboard new separate accounts/mandates for institutional investors.
BNP Paribas REIM is the BNP Paribas Real Estate’s business line dedicated to investment management. It is a full service provider covering the entire life cycle of European property investments in all European countries and sectors. With more than 50 years of experience, BNP Paribas REIM provides investors with sensible, long-term investments in European real estate generating income and creating value.
BNP Paribas REIM’s real estate professionals blend local expertise with global practices and benefit from a strong real estate networks throughout Europe. Its expertise covers the full spectrum of real estate investment management, including all elements of strategy and solutions, investment, development, asset management, structuring, risk management as well as strategic research.