#Beyond Buildings

Amsterdam, November 7th 2023 -- BNP Paribas Real Estate has its sights set on the future. While the changing property market presents challenges, the company also sees opportunities. CEO Rick Niemeijer explains how BNP Paribas Real Estate is responding.

In 2023, property market transactions were so far down seventy percent compared to a year earlier. Though significant, this is hardly surprising, says BNP Paribas Real Estate CEO Rick Niemeijer, given the transfer tax increase and higher interest rates. “Still, there is a knock-on effect on the whole market, from investors to property developers to real estate advisors like us.

Below is BNP Paribas Real Estate's response to Het Financieele Dagblad's (FD) article of 12 October 2023. The newspaper says it has received three gigabytes of data from a whistleblower covering the period 2009 to 2020.

 

The drop in gas prices, the decline in headline inflation and the improvement of survey data in December are giving the impression that for the Eurozone, 2023 might be better than expected. However, it is most likely that in twelve months’ time we will…

With a total of € 44.2bn invested over the last 12 months, investment in retail assets in Europe continues to rally. This significant increase of +20% is higher than for offices (+10%) or logistics (+17%).

Among the many causes that BNP Paribas Real Estate supports through its sponsorship and patronage activities, medical and charitable programmes are some of the most important. Helping to contribute to building a more inclusive society, BNP Paribas Real Estate is committed to working alongside local players across Europe.

in order to face the growing number of challenges that our world is currently facing, whether that be environmental, social or demographic, the real estate sector must constantly strive to reinvent itself and adjust to new ways of functioning. 

Although the health crisis of recent years initially threw the real estate sector off kilter, it was able to adapt and bounce back. The situation helped to develop new, so-called alternative assets, while also confirming the central role of ESG (Environment, Social and Governance) criteria.
 

In BNP Paribas Real Estate’s latest podcast series, Real Catch Up, Csongor Csukas Global Head of Property Management, Europe explains how buildings must adapt to the new needs of their occupants.

In this new issue of Real Catch Up, the BNP Paribas Real Estate podcast that observes and analyses trends in the real estate sector and the city of the future, we will be discussing the extremely important topic of urban mobility. Whether it is to reduce their carbon footprint or to stand out from their competitors, a growing number of companies now offer a wide range of electric transport options.