BNP Paribas Asset Management launches debt fund

BNP Paribas Asset Management has launched a real estate debt fund, European Real Estate Debt.

The launch is BNPP AM’s first within commercial real estate debt.

European Real Estate Debt targets a portfolio of senior secured loans in commercial real estate across the whole European market, including offices, retails, logistics, hotels, operating assets and non-standard assets.

Asset sourcing for the strategy is based on a distinctive open architecture model, investing through direct lending and bank partnerships, as well as leveraging the BNP Paribas Group’s leading real estate franchises. Both strategies incorporate a strong focus on Environmental, Social and Governance (ESG) criteria within asset selection and are managed by teams of seasoned investment professionals using robust investment processes.

Seaparently, Frédéric Soulié joined the firm. Soulié has been an international property finance specialist for more than 20 years, with significant