PL

BNP breaks revenue record

Eurobuild CEE
EUROPE BNP Paribas Real Estate has recorded EUR 1.01 bln in revenue for 2019. “In 2019, BNP Paribas Real Estate broke through the symbolic threshold of EUR 1 bln in revenues for the first time and a year ahead of target.

"This is yet another record after the already exceptional figures of 2017 and 2018. This success illustrates the solidity of our business model, built around six business lines covering the whole lifecycle of a building, which makes BNP Paribas Real Estate a unique and key player in the European market,” said Thierry Laroue-Pont, CEO of BNP Paribas Real Estate.

Property services, including transaction advisory, valuation, property management and investment management accounted for 81 pct of the revenue. The remaining part was commercial property development and residential. Half of the revenue came from France, 25 pct from Germany, 17 pct from the UK, and all other countries accounted for 8 pct.

The company registered a EUR 203 mln of profit before tax.

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