For many years, BNPPRE BELGIUM has been supporting major socio-economic changes to offer increasingly innovative property management, focused on UX and closely aligned with the expectations of investors and institutions who wish to enhance their assets. In 2023, and thanks to its comprehensive range of services for owners and users of tertiary and residential buildings, the group is strengthening its position as the leader in the sector with 3,813,953 m2 under management.
In 2023, BNP PRE therefore confirmed its position as number 1 in the Belgian property management market with a market share of 28% (i.e. twice as large as the number 2 in the sector).
With just over 3 million m2 under management in the office real estate segment (i.e. a market share of over 43% in the rental value), the Property Management department of BNP Paribas Real Estate Belgium dominates the Belgian office market. Among the group’s new customers are Corporate Village in Zaventem (77,000 m2 of offices) and Covent Garden (72,000 m2 ) located in Place Rogier in Brussels. This performance echoes the premiumisation of offices inspired by high-end hotels and for which property management is a key tool for attracting and retaining user companies and talent.
There are also very good figures in the hotels sector, for which BNP PRE has the largest portfolio in the country with more than 7,700 rooms, representing a 77% market share. For the retail market, performance in 2023 reached just over 306,000 m2 under management, positioning BNP PRE Belgium in second place on the podium in this segment which involves strong marketing and sales expertise.
With regard to industrial real estate, BNP PRE Belgium has also achieved good performance this year with nearly 500,000 m2 under management. Finally, there was a good start for the BNP PRE Belgium Property Management department in two new emerging sectors within the group, namely residential property and student residences.
