BNP Paribas seeks to increase its share in Poland’s RE market

17 July 2012

BNP Paribas Real Estate seeks to expand its share of the Polish property market, the company’s managing director revealed, focusing on the commercial assets in the next three years. “We plan to grow 25 percent annually over the next three to five years,” said Henri Faure, managing director of BNP Paribas Real Estate. “The Polish market is very important for us, considering its size, and the further expansion here is to be our priority for the coming years,” he said adding that the way to Central and Eastern markets leads through Poland. According to Faure, Poland is a key market in the region, that’s why the company strategy for the coming years is to increase the company presence in Poland’s property sector. “Poland’s economy is stable, it attracts foreign investors, having now the biggest growth potential, unlike West European countries. It’s also the lowest-risk country in the region,” said Philippe Mer, CEO for Poland BNP Paribas Real Estate.

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