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06 June 2012

Two new management mandates in Italy

BNP Paribas Real Estate Property Management continues European expansion drive with two new management mandates in Italy for a total surface area of 55,000 sq. m


Carlyle Group has entrusted BNP Paribas Real Estate Property Management Italy with the management of a portfolio of four office buildings amounting to over 50,000 sq. m located in northern and southern Italy.

Foncière LFPI Italia has also entrusted BNP Paribas Real Estate Property Management Italy with the management of a retail property exceeding 5,000 sq. m located in northern Italy.

The two new contracts strengthen the market position of BNP Paribas Real Estate Property Management Italy, which has a staff of 80 and manages 3.5 million sq. m (20% growth compared to 2010).

BNP Paribas Real Estate Property Management operates in 13 countries and 50 cities. The international business line manages over 31 million sq. m in service industry properties with a staff of nearly 750.

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