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BNP Paribas Real Estate wins Euros 200 million portfolio management mandate from Luxembourg based investment fund Sireo Immobilienfonds n°4 Sicav.

The Luxembourg based investment fund Sireo Immobilienfonds n°4 Sicav has awarded a portfolio management mandate to BNP Paribas Real Estate and its european subsidiaries. The total investment volume will amount to around Euro 1 billion -Euro 200 million are intended to be invested in the french market alone.

With approximately Euro 11 billion under management, Sireo Real Estate Asset Management GmbH is one of the leading asset management companies for large real estate portfolios in Europe.

This mandate was awarded to BNP Paribas Real Estates following a joint proposal made by Atisreal Müller in Germany and Atisreal-Auguste Thouard, Comadim and Asset Partenaires in France.