BNP Paribas Real Estate 2008 results as at 31/12/2008
24.03.2009 | Group, Press release
Business model keeps its balance
In 2008, fees stood at €666 million and profit at €138 million. 2008 showed that our business model retains its balance in a difficult market context.
The company's resilience is attributable to:
• The relevance of our multi-expertise offering, structured around six business lines: property development, consulting, transaction, valuation, investment management and property management,
• A healthy balance between our service and development activities,
• Our close regional coverage in countries where we are leaders,
• Our responsiveness to the market.
Read the press release (338 ko)
About BNP Paribas Real Estate
BNP Paribas Real Estate is a leading international real estate provider, and the market leader in Continental Europe. It offers clients a comprehensive and unparallelled range of services that span the entire real estate lifecycle: property development, transaction, consulting, valuation, property management and investment management. BNP Paribas Real Estate has local expertise on a global scale through its presence in 25 countries (13 wholly-owned and 12 alliances) across Europe, India, Middle East and United States with 3,500 employees. It is an independent subsidiary of BNP Paribas, the world's eighth 'safest' bank in 2009 according to Global Finance magazine and 'Global Bank of the
Year 2008' by The Banker Magazine.
Real estate in a changing world