BNP Paribas Real Estate (BNPPRE) generated €811 mln of revenues in 2017 and the international property services provider intends to lift this further to €1 bn by 2020.
In 2018, we aim to generate about €900 mln in revenues, €891 mln to be precise, with around €1 bn targeted for 2020. We would note that the impact of acquiring Strutt & Parker in the UK automatically boosts our revenues to reach €950 mln. The acquisition this year of the UK company Strutt & Parker is a compelling illustration of our international expansion. Indeed, building on our leadership positions in France and Germany, this external growth has enabled BNP Paribas Real Estate to considerably strengthen its network in the UK. Our company is now a leader of real estate services in Europe
Thierry Laroue-Pont, CEO BNP Paribas Real Estate