From the beginning of April, BNP Paribas Real Estate Poland will take over the management of four IKEA Centers retail parks located in Poland on behalf of the landlord Pradera. The contract will increase the Polish portfolio of managed properties by more than 140,000 sqm. Ultimately, the international property management business line of BNP Paribas Real Estate will manage 25 properties in eight European countries.
It’s a great opportunity to work on medium-long term strategic and cross-border challenges with an expert in retail investment like Pradera. We are very motivated and well prepared to bring our best practices to this project in order to enhance the value of the portfolio
Csongor Csukas, Executive Director International Property Management, BNP Paribas Real Estate
Finalizing the transaction is one of the elements of the ambitious plans for growth on the commercial real property market in Central and Eastern Europe. The portfolio will be managed by the very experienced property management team at BNP Paribas Real Estate as part of a Pan-European contract. Over the long term-horizon we would like the properties taken over by us to become leaders in their class through high quality management and building on their well-established position and potential
Agata Brzezińska, Head of CEE, Pradera
A pivotal factor in the success of the negotiations with the Pradera Found was our solid international foundations and close cooperation with BNP Paribas Real Estate Alliances. This contract proves that the BNPPRE property management department, supported by the Polish and global headquarters, is able to execute on corporate strategies to a best-in-class industry standard
Michał Pszkit, Head of Property Management for BNPPRE Central and Eastern Europe