BNP Paribas Real Estate has been named number one real estate services agent in Europe and fifth globally, according to leading real estate magazine Property Week's annual league table, which is the benchmark ranking for the property sector.
This ranking thereby salutes the solid financial footing and unique business model of BNP Paribas Real Estate. The league tables are based on the turnover (fees and profits) of market players. These figures stood at €665million and €138million for BNP Paribas Real Estate on 31 December 2008.
It is also thanks to the single brand of BNP Paribas Real Estate, which is now the umbrella for the group's businesses in 14 countries and three continents, for the greater benefit of clients, who can thereby access the company's six business lines more easily with an improved connection to the services of the BNP Paribas group.
In 2008, BNP Paribas Real Estate was in fifth place, when Atisreal's activities were the only ones taken into account.
Philippe Zivkovic, Chairman of BNP Paribas Real Estate, commented: “The resilience of our figures in 2008, our ability to service every part of the real estate lifecycle and our successful rebrand have propelled us beyond our main rivals, whose 2008 figures were badly affected by the economic backdrop”.
To consult the entire league table please go to www.propertyweek.com
* Property Week Agency 2009 annual league table
About BNP Paribas Real Estate
BNP Paribas Real Estate is a leading international real estate provider, and the market leader in Europe, in terms of results, according to Property Week annual ranking : Agency 2009. It offers clients a comprehensive 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 29 countries (14 subsidiaries and 15 alliances) across Europe, India, Middle East and United States with 3,500 employees and 129 offices. It is an independent subsidiary of BNP Paribas, one of the world's six 'safest' bank in 2009 according to Standard & Poor's and 'Global Bank of the Year 2008' by The Banker Magazine.
For more information: www.realestate.bnpparibas.com
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