BNP AM

The sustainable investor for a changing world

Real estate debt strategy

Key features

A portfolio of stable income-generating real estate assets

Full ESG integration and Solvency II friendly

A unique sourcing opportunity through BNP Paribas’ real estate franchise

Investment philosophy 

We seek to provide a unique value addition to investors’ private debt allocations, achieved through a distinctive ability to originate assets through deep knowledge and a strong network, a disciplined investment process, and the capacity to customise our solutions to client needs. Our focus on ESG enables a sustainable approach and positive impact.

Investment process

Our Real Estate Debt strategy follows a disciplined bottom-up process based on rigorous credit analysis and cash flow sustainability. Key steps include:

  • Origination: opportunity sourcing using deep working relationships with key real estate players and privileged access to BNP Paribas Group’s origination channels, followed by rigorous credit and sustainability analysis
  • Portfolio construction: Investment Committee approval and deal execution
  • Continuous monitoring: portfolio monitoring and risk management

Team and resources

Our Real Estate Debt team is based in Paris. Christophe Montcerisier, who has more than 29 years of industry experience, leads the team.

The team has extensive experience originating, structuring and managing real estate deals across multiple sectors. They benefit from access to our wider Private Debt and Real Assets (PDRA) investment group, global trading and risk management platform, Sustainability Centre, Quantitative Research Group, Macro Research team and BNP Paribas Group’s real estate franchise.

BNPPAM

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