Elbfonds selected BNP Paribas Real Estate Capital Markets as a strategic adviser for its Polish retail portfolio. BNP Paribas will advise on facility management sales and other financial matters. Elbfonds said the move is a part of the investorās wider plan to reestablish itself as a closed-end fund. āIn an effort to provide high-quality services to our clients and investors, and to increase the exposure of our marcredo brand, weāre currently looking to secure partners from various market sectors,ā says Stephan Groht, founder and the owner of Elbfonds Development.
āElfbondsā retail portfolio has been created with well-performing projects, including, in large part, convenient stores, providing their offer to Polandās biggest residential schemes, which makes them an interesting target for investors seeking a stable return rate and low risk,ā says MaÅgorzata Gajuk, associate director for BNP Paribas Real Estate Capital Markets in Poland.
