BNP Paribas Real Estate mandated to manage the Hungarian office portfolio of Immofinanz

BNP Paribas Real Estate has been mandated by IMMOFINANZ to provide property management services as of January 2019 in respect of approximately 160 000 sqm of the Hungarian office portfolio owned by IMMOFINANZ. Hungarian version below The mandate includes the ‘A’ class myhive Atrium Park, myhive Thirteen (Globe 13 and Xenter 13), myhive Haller Gardens…

BNP Paribas Real Estate appointed to manage 16 logistics assets throughout Europe

BNP Paribas Real Estate has been selected to provide property management services for 16 logistics assets in five countries across Europe, covering a total area of over 600,000 sq m. This major pan-European mandate was concluded with the newly created specialist logistics asset manager Urban Real Estate Partners (UREP). Since Q1 2018, the property management…

BNP Paribas Real Estate was appointed to manage four buildings for OTP Real Estate Investment Fund

As of January 2018, BNP Paribas Real Estate was selected to provide property management services for a real estate portfolio of 60,000 sq m commercial properties owned by OTP Real Estate Investment Fund. The mandate consists of 4 buildings; Akadémia Park, one of the most noticeable office buildings in Budapest, Szépvölgyi 22, located at Buda…

Milestone Budapest

BNP Paribas Real Estate Hungary with a PM Instruction for Milestone Student House in Budapest

BNP Paribas Real Estate Hungary won the property management mandate in a tender process organized for MILESTONE, a top class Student house located in Budapest. The appx. 15.000 sqm building is the first large-scale, privately owned, purpose-built student residence in Hungary, with 1.000 sqm retail area and with 400+ single bed en-suite rooms offering high…

NOVE Aussen Sued

BNP Paribas REIM finalized NOVE acquisition in Munich

The Munich-based German team at BNP Paribas Real Estate Investment Management (REIM) finalizedthe acquisition of NOVE by Citterio at Munich’s Arnulfpark, recently completed by property developerHorus Development. The real estate asset manager acquired the office property in September 2016 under a forward deal. The purchase price has not been disclosed. The asset is now fully…