BNP Paribas REIM speeds up its strategic development
BNP Paribas Real Estate Investment Management (BNP Paribas REIM) is pressing ahead with its development strategy centred on its customers and partners.
A Responsible Approach
BNP Paribas REIM delivers long-term value for investors to create a more sustainable society. We adapt to opportunities and risks while selecting assets that meet the real needs of people in a changing world. Environmental, social and governance (ESG) integration is one of our strategic pillars, and our innovative approach considers ESG criteria at corporate, fund and asset levels.
Our ESG Strategy
ESG Criteria Inform Every Investment
BNP Paribas REIM’s ESG strategy is supported by three pillars:
- Offer sustainable real estate solutions: innovate to offer 100% of funds (1) open to investors and new funds as responsible investments by 2025
- Strengthen climate change mitigation efforts: implement energy efficiency and carbon (2) reduction plans across our range of responsible investment funds open to investors to align this scope with a 1.5° pathway by 2035
- Anticipate climate change by adapting our most vulnerable assets to physical risks (3) resulting from climate change by 2035
The strategy is implemented through our asset business plans, which incorporate measures such as optimising energy consumption and providing sustainable mobility options.
(1) Responsible investment funds are aligned with Article 8 or 9 of the SFDR.
(2) Operational carbon, covering scopes 1 and 2 and including energy
consumption related to common and private areas.
(3) Physical risks, aligned with the Task Force for Climate-Related Financial Disclosures (TCFD), refer to
physical risks resulting from climate change that can be event driven (acute) or longer-term shifts (chronic) in climate patterns; this includes increased severity of extreme weather events as well as sustained higher temperatures that could cause sea rise or chronic heat waves.
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"Developing and maintaining a strong relationship with our stakeholders is fundamental to integrating ESG at every level of fund and asset management. We strive to ensure that all our collaborators have access to the necessary resources for prioritising ESG, while complying with BNP Paribas REIM’s policies."
Nehla Krir
Head of Sustainability & CSR BNP Paribas REIM
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Our 3 Key ESG Objectives
Environment: improve the environmental performance of our assets
Social: manage assets by integrating the comfort of tenants and all other stakeholders into the strategy
Governance: raise awareness among our stakeholders about environmental and social initiatives conducted with property managers and tenants
BNP Paribas REIM focuses on responsible investments. To understand our assets’ ESG performance, we use advanced and in-depth data collection. We propose energy saving plans based on calculations of investment costs and ROI from energy use reductions.
We work towards improving the ESG quality of our buildings and for the well-being of their occupants.
• By collecting data on the performance of our assets
• By systematically assessing the exposure of assets to increasing physical risks
• By developing tailored climate adaptation plans for the most vulnerable assets
• By improving the energy efficiency of our buildings
• By offering sustainable mobility solutions to tenants (bicycle parking spaces, electric vehicles, public transport, etc.)
• By ensuring access for people with reduced mobility
• By providing spaces for waste sorting
We are dedicated to meeting investors’ high expectations for asset and fund performance and ESG improvements. We also listen to occupiers and engage with them to encourage them to take an active part in improving our buildings’ environmental performance. This includes setting up dialogues with occupiers on ESG subjects, meeting their expectations regarding issues such as on-site services and building adaptability, and signing green leases where possible.
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Sustainability-related disclosures
Applicable to BNPP Real Estate Investment Management France / Italy / Germany / Luxembourg:
Product sustainability information
Sustainability Information for products compliant with Article 8 and 9 of SFDR EU Regulation 2019/2088 managed by BNP Paribas REIM entities (Article 10(1) of EU Regulation 2019/2088) :
Institutional funds
Documentation related to institutional funds is available on-demand:
- European Impact Property Fund (in English only, LEI code: 5493008FMAOB3SP9I89)
- Next Extate Income Fund III (in English only, LEI code: 549300YN6LIATDNHUQ88)
- Wohnfonds Wachstumsstädte Deutschland (in German only, LEI code: 5299005AZGEDTSI9A10)
- Nachhaitiger Immobilienfonds Österreich (in English, LEI code: 529900VEFTB72IFDMB43)
- Sozialimmobilien Fonds Österreich (in English, LEI code: 529900NKW9H3V30RY903)
- Real Value Fund (in German only, LEI code: 529900RUFOA95T74CZ14)
Our latest news
BNP PARIBAS REIM shares key trends for real estate investment in 2025
BNP Paribas Real Estate Investment Management (BNP Paribas REIM) presents its Lighthouse Report for H1 2025, an outlook for the European real estate market using its in-house forecasts, analysis, and the expertise of its local teams. In this tenth edition, BNP Paribas REIM defines its convictions and provides the investment strategies to adopt considering the expected macroeconomic and financial environment for 2025.
BNP Paribas REIM analyzes the European Healthcare market and gives a strategic overview of its Healthcare Property Fund Europe
The healthcare sector is enjoying robust growth in Europe, underpinned by economic, demographic and structural factors. Investors are therefore increasingly focusing on healthcare assets to harness these long-term fundamentals and diversify their portfolios. A recent survey found that 35% of investors in Europe intend to allocate capital to this asset class in 2024, compared with 19% the previous year[1].