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CASE STUDY: 'Waste' for BNP Paribas Real Estate by Concep

BNP Paribas Real Estate is the commercial property consultancy arm of BNP Paribas. It specialises in property management, investment management, valuations, transactions and property development. Strategy - broader business issues the company is facing

The recession hit BNP Paribas Real Estate's clients and its sector hard.

Property markets came to a standstill. Development stagnated. BNP Paribas Real Estate's clients have money to invest but there is little product to invest in. New tenants are thin on the ground and existing tenants are vacating properties at an alarming rate.