BNP Paribas Real Estate related stories
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BNP acquires Aberdeen’s Belgium operationsThe real estate management subsidiary of BNP Paribas Real Estate now has more than 25m square metres of commercial real estate under management in Europe.
- DTZ selects Australia’s UGL as preferred bidder
The London-listed property services firm has selected UGL as preferred bidder to buy the embattled company. If a deal happens it would create the third largest property services firm globally.
- Jones Lang LaSalle to buy King Sturge in £198m deal
Further news of consolidation within Europe’s property services sector emerged today as Jones Lang LaSalle said it had agreed a deal to buy rival King Sturge for £198m.
- DTZ to be taken private
The first property services firm to be listed on the London Stock Exchange is currently in talks to be taken private by its biggest shareholder.
- London will need four more Shards to meet growing office demand
As the UK’s financial sector regains its health, demand for office space in Central London is expected to soar with an extra 1.6m sq. ft. needed over the next three years.
- AXA JV pays £300m for London office project
The Paris-based fund manager and an unnamed client have agreed to buy a 389,000-square-foot development within the largest regeneration project in Europe.
- Benson Elliot JV exits €150m of Paris offices
The London-based private equity real estate firm and its partner, French asset manager Générale Continentale Investissements, have announced the sales of two Paris offices after they had deployed various value-add strategies to the assets.
- BNP Paribas to expand via senior UK hire
Gerardine Davies, formerly of Aegon Asset Management, joins BNP Real Estate as UK head of investment management as the €12 billion platform looks to expand its international reach.