BNP Paribas Real Estate Investment Management - Contact us
Contact Us

| INVESTMENT MANAGEMENT

Real Estate for a changing world

BNP Paribas Real Estate Investment Management - Contact us
Contact Us
Contact us

Please tick this box if you would like us to contact you concerning services which we feel may be of interest to you.

LEGAL NOTICE

Personal data collected is subject to computer processing in order to handle your request and, when appropriate, for commercial prospection or solicitation purposes by BNP Paribas Real Estate.

In accordance with the regulation relating to personal data protection, Users have a right of access, of opposition and correction of their data. To exercise their rights, Users may send a letter to the personal data protection Coordinator at the following address:

BNP PARIBAS REAL ESTATE,

To the Coordinator of the Personal Data Protection,

167 quai de la bataille de Stalingrad,

92867 ISSY LES MOULINEAUX Cedex, France,

Or by e-mail at: informatiqueetlibertes.bnppi@bnpparibas.com

For further information, please refer to the legal terms and conditions available at the bottom of this page

Retail

BNP Paribas Real Estate Investment Management (BNP Paribas REIM) manages some €4.B* of retail assets across Europe. The sector is the second-largest in which we invest on behalf of our clients. Online commerce is polarising the fast-evolving retail industry to devastating effect for those businesses that do not adapt. This is having profound effects on the real estate industry and how we approach the asset class.

Although growing online sales mean a retailer needs fewer stores than before to reach consumers, physical locations continue to fulfill an important function. A store raises a brand’s visibility with shoppers, showcases a product range and helps build customer loyalty by creating an experience or through interaction with sales assistants.

Property investors need specialist expertise to chart a course through the disruption in retailing when making an investment in this sector. We help clients make the right decisions when it comes to investing in retail properties, drawing on best-in-class research and our hands-on experience of managing these assets on a daily basis.

 

Case Studies of Our Expertise in Navigating the Disruption in Retail

BNP Paribas REIM Garage Traversi Milan

Repurposing a Milanese Landmark into a Prime Mixed-Use Asset

The asset Garage Traversi was built in the 1930's as Milan's first multi-storey car-park. Drawing on our local market knowledge and research, we identified that converting this city landmark into a luxury, retail-led, mixed-use asset would maximise value from its prime location, close to the Duomo in Milan. We acquired the property for an institutional fund, and our asset management team is overseeing its redevelopment with an approach that is sensitive to the building's location and architectural interest.

 

 

A Community-Facing Retail Park with a Diversified Offering

This retail park of approximately 42,000 sq.m. in an established suburban location of Lille was purchased on behalf of a fund for individual investors. The transaction was underpinned by our on-the-ground insights, which indicated that Heron Parc had strong loyalty from the surrounding catchment because of its cinema, leisure attractions and restaurants. This investment illustrates our expertise in stock selection in sourcing a defensive asset with a diversified tenant base.

 

BNP Paribas REIM Retail

 

Sourcing a 47-Property Italian Supermarket Portfolio

This €250M transaction highlights our ability to source a large portfolio of retail assets. We acquired a portfolio of seven hypermarkets and forty supermarkets in Italy for a retail-focused fund. Coop Alleanza was selling the portfolio as part of a restructuring plan. Our research showed that supermarkets are comparatively sheltered from the difficulties facing other areas of retail, as they sell food and staple products instead of relying on discretionary spending by consumers.

 

Using Local Knowledge to Acquire a High-Quality Portfolio

Research has shown that High Street stores in the right locations and occupied by high-calibre tenants are better placed to survive the polarisation under way in retailing. We structured the purchase of ground-floor retail units at 10 buildings in Paris so that two of our funds could co-invest alongside each other. This transaction shows how we are able to use our local knowledge of submarkets to acquire a high-quality portfolio.

* As of 31st December 2018