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Invel wants properties owned by real estate funds managed by Bnp Paribas REIM SGR

Posted: 24 November 2016

It is drawing to the conclusion the lengthy negotiations on a property portfolio of two listed funds of BNP Paribas REIM SGR, BNL Portfolio Immobiliare and Estense Grande Distribuzione.

The properties worth over €100 million, according to the news agency Radiocor Plus, may soon enter the orbit of Invel Real Estate Group, the company founded by former manager RREEF (Deutsche Bank Group) Chris Papachristophorou.