The International Council of Shopping Centers (ICSC) has announced leading international real estate provider BNP Paribas Real Estate, which has more than 35.8 million m² of commercial property under management in Europe, and is present in 38 countries, has signed a three-year agreement with ICSC as a European Partner.
Thierry Laroue-Pont, CEO of BNP Paribas Real Estate, said: “On behalf of the Retail teams of BNP Paribas Real Estate, I am delighted to join ICSC as European Partner.
In 2014, retail investments accounts for 23% the volumes invested in Europe, close to €40 billion. This asset class requires specific competences. This is why we are committed to create a European Retail platform coordinating our current team of 60 staff members.”
Mike Morrissey, executive vice president of ICSC, said: “We are delighted to welcome BNP Paribas Real Estate as our latest ICSC European Partner. Our partners support the ongoing development of ICSC in Europe and contribute to the industry’s thought leadership. ICSC now has over 7,000 members in Europe, more than ever before in its history and the opportunities for our partners and members to build their networks at all levels continue to grow.”
ICSC provides educational, research and networking opportunities as well as advocates on behalf of the industry at the European Union. The membership organization has over 67,000 members globally and continues to bring together the most influential industry professionals.
Source: BNP Paribas