Mediaroom
Press release

Find here the latest press releases from BNP Paribas

  • Press release

BNP Paribas Immobilier acquires the balance of 50.1% of Atisreal International from Vendôme Rome

Published On 25.10.2004
As the leading European players in the real estate services sector, the Vendôme Rome group, which is accelerating its strategic redeployment, and BNP Paribas Immobilier have reached agreement for the early acquisition of the whole of Atisreal International by BNP Paribas Immobilier, taking its capital holding from 49.98% to 100%.

Atisreal International, in which BNP Paribas Immobilier took a stake in March 2004, owns the following corporate real estate services companies (i.e. companies involved in international transactions, consultancy, valuation and management): Atisreal Auguste Thouard, ATHF and EXPERTIM in France, Atisreal WEATHERALLS in the UK, Atisreal MULLER in Germany, and Atisreal subsidiaries in Spain and Benelux.

Vendôme Rome, through the ADYAL group, in which it has a 75% stake and Crédit Lyonnais Private Equity has 25%, has refocused its external growth strategy on the non-sales corporate real estate services sector by acquiring the DBA group, which operates in France, Spain, Benelux, Switzerland and the United States. The ADYAL group covers practically all the activities in corporate real estate services except, significantly, transactions. With a turnover of nearly euros100M, it is a leader in consultancy and user services in continental Europe.

BNP Paribas Immobilier's position as leader in corporate real estate services in continental Europe is already confirmed with commissions totalling nearly euros 300M.