Press

BNP Paribas Real Estate has announced the strategic repositioning of its Property Management activity, to become BNP Paribas Real Estate Management & Solutions across Europe. This evolution embodies a strengthened ambition: to become the European reference for high-performing real estate, combining operational management, advisory and tailor-made solutions adapted to each local market in order to maximise asset value throughout its life cycle.

As part of its pan-European growth strategy, BNP Paribas Real Estate is announcing changes to the leadership of its Advisory business. These changes will strengthen the Advisory business across Europe, enabling greater collaboration between markets and supporting continued growth.

BNP Paribas Real Estate has advised Elia Transmission Belgium on the acquisition of the Lebeau office building – Justice (± 12,000 m²), located in the Sablon district of Brussels.

Over the past 12 months, commercial real estate investment in Europe has increased by 10%, despite a more subdued first quarter (-7% compared to Q1 2025). In this context, the retail sector shows a stabilisation in invested volumes year-on-year, while the hotel sector recorded a slight decline of 2% in commitments. Office and logistics stood out with growth of 11% and 7% respectively over the last 12 months.

Following a rebound in confidence at the end of 2025, the European office market stalled in Q1 2026. In a context of economic and geopolitical uncertainty, take-up declined by 16% year-on-year, driven by a slowdown in large transactions, while investment volumes fell by 13%. The start of the year has been marked by caution, with both occupiers and investors adopting a more selective approach.

Thierry Laroue-Pont has been appointed Executive Chairman and Jean-Maxime Jouis Chief Executive Officer (CEO) of BNP Paribas Real Estate.

The growth in investment in European commercial real estate assets has stabilised since the beginning of the year (+17% y-o-y in Q3 2025). Investment in retail grew 26% y-o-y in Q3 2025, maintaining its momentum and enjoying the strongest growth of all the real estate asset categories, outpacing hotels (+15%); offices (+13%) and logistics (-7%).

Always striving to better respond to the new service-related challenges in real estate and to develop synergies for the benefit of the company's clients, BNP Paribas Real Estate announces new appointments effective as of January 1st, 2026.