BNP Paribas Real Estate Strengthens Its Presence in the United States

London, United Kingdom, March 22, 2012 --( BNP Paribas Real Estate has strengthened its presence in the United States by signing an alliance agreement with Transwestern.

This alliance agreement signed by BNP Paribas Real Estate and Transwestern covers the transaction, valuation and corporate real estate consulting business lines.

Transwestern is located in 30 cities, including New York, Chicago, San Francisco, Dallas and Miami, and employs 1,750 staff.

“For BNP Paribas Real Estate, Transwestern is a partner of choice due to its size, its broad coverage of the United States and its excellent market knowledge. Transwestern wanted to support its clients outside the United States. From our point of view, we needed to improve our access to US clients. As such, we are signing this partnership agreement at an ideal time,” said Bernard Blanco, Head of International at BNP Paribas Real Estate.

“Our alliance with BNP Paribas Real Estate offers us the possibility of working in collaboration with one of the leading international real estate providers, which is known and renowned for its expertise and the quality of the services it provides. Thanks to this partnership, we are providing knowledge of the US market, and the country, and together we will be able to meet our clients’ needs,” explained Larry P. Heard, President and CEO of Transwestern.

Signing this new alliance agreement demonstrates BNP Paribas Real Estate’s ambition to continue its international expansion, in order to support its clients in their real estate strategies. In addition to its 3,400 employees spread across 15 countries, BNP Paribas Real Estate’s alliance network, which now represents 2,500 employees across 15 additional countries, enables the company to support and serve clients in a total of 30 countries.

Laura Gibson
Head of marketing and communications

BNP Paribas Real Estate
+44 (0) 20 7338 4219
+44 (0) 7825 016 336

5 Aldermanbury Square
London, EC2V 7HR
BNP Paribas Real Estate
Andrew Barber