EHL Jubilee magazine 30 Years

In association with: BNP Paribas Real Estate

EHL international optimally connected

EHL customers have the best possible access to the glob- al real estate industry - from Germany to Hong Kong with the new BNP Paribas Real Estate partnership.

I t was a bit like a wedding. The bright spring sun, white sandy beach, azure sea and a white event tent on display. This morning shows a radiant com- pany. In fact, it was also a kind of wedding celebra- tion on the fringes of MIPIM in the real estate boom year of 2019 - albeit a kind of corporate wedding. However, wedding is not quite the right word. BNP Paribas Real Estate, a subsidiary of the BNP Pari- bas Group, has concluded a partnership agreement with EHL for wide-ranging cooperation. This brought together two partners who are, so to say, meant for each other. Both companies, which of course remain legally and economically inde- pendent, are indeed very similarly positioned and complement each other perfectly. Both companies dominate the real estate industry in their respective home markets - Austria for EHL, of course, and Eu- rope for BNP Paribas Real Estate - and are literally a top address. And even their corporate values are remarkably similar, both in terms of professionalism and customer proximity, as well as their above-av- erage commitment to the industry. Since then, the

partnership has enabled wide-ranging cooperation in the areas of transactions, valuation, brokerage and property management. “The cooperation with BNP Paribas Real Estate is another milestone for EHL," EHL Real Estate Managing Director Michael Ehlmaier opened the presentation of the BNP Par- ibas Real Estate cooperation on the side-lines of MIPIM at the time. The advantage for EHL clients of this partnership is obvious, and the high expectations that were placed in the new cooperation at the time have since been fully met in daily practice. Because: “BNP Paribas Real Estate is one of the leading European real es- tate companies and is therefore a perfect fit for our international orientation. Europe will continue to be our core market in the future, as a large percentage of the international investors and tenants of rele- vance to Austria will come from Europe.” In fact, the two partners not only have a good ba- sis for cooperation on a human level, but the two companies are also very similarly structured and

30 YEARS I Jubilee

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