BNP Paribas wins new management mandates in Italy

By A staff reporter 2012-06-11T00:00:00+01:00

BNP Paribas Real Estate Property Management has won a mandate to manage 55,000 m[sup]2[/sup] of office space in Italy.

BNP Paribas Real Estate Property Management has won a mandate to manage 55,000 m² of office space in Italy.

Global alternative investment manager Carlyle Group has appointed the adviser to manage a portfolio of four office buildings located throughout the country.

In addition, BNP Paribas Real Estate Property Management Italy has taken over the management of a 5,000 m² retail property in Northern Italy. The asset is owned by Foncière LFPI Italia.

With 80 staff, BNP Paribas Real Estate Property Management Italy currently manages 3.5 million m² of commercial real estate, roughly 20% more than in 2010.