BNP Paribas REIM has achieved a record real estate transaction volume of about €4.8bn in 2017. The company announced that it saw an inflow of over €3.1bn, and managed €27.4bn of assets in Europe (+ €3.3 bn vs. 2016).
BNP Paribas REIM 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, commented: ”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."
