BNP Paribas Real Estate
Welcome
to Jersey
 

BDP Press Release

ATISREAL, A BNP PARIBAS REAL ESTATE COMPANY, EXPANDS FURTHER WITH JERSEY ACQUISITION ATISREAL ACQUIRES JERSEY-BASED BARNES DANIELS AND PARTNERS Leading European real estate adviser Atisreal has expanded its European business further throughthe acquisition of Barnes Daniels and Partners, to create a new subsidiary:Atisreal Jersey. Atisreal is now established in 14 countries, with 67 direct offices, plus a worldwide Alliance network, also recently enlarged to Greece and Cyprus. This acquisition gives Atisreal, already a top ten player in the UK market, a substantial market presence in the Channel Islands. With six employees, Barnes Daniels and Partners, a RICS company, was founded in 1998 by partners Richard Barnes and Chris Daniels. The company, based in St Helier, is a market leader in Transaction and Consulting and is specialised in Property Fund Advisory Services, Investment, Valuation and Property Management. With an annual growth of over 25% per year, projected turnover for 2008 has increased to euro 2 Million. Barnes Daniels and Partners has a number of key clients and is retained under exclusive mandate for some of the most substantial commercial developments in Jersey in the next few years. Henri Faure, Chairman of Atisreal, comments: “With this new direct acquisition, we add a very profitable company to the Atisreal Group. We already knew the Barnes Daniels and Partners’ team very well as they have been our “Alliance” partner in Jersey since 1998, so we are very confident in their ability to take opportunities and develop business in the very dynamic local market. Atisreal Jersey will also take advantage of cross-selling with BNP Paribas, which has been present since 1979 and covers Jersey, Guernsey and the Isle of Man with a team of over 300”. David Myatt, Head of Channel Islands region for BNP Paribas Group, comments:“This is a great move forward bringing the Atisreal expertise further into the Islands, recognising their growing potential and the importance of real estate as a fast evolving asset class within the international financial services world. We’re looking forward to working together wherever possible.” About Atisreal Atisreal, continental Europe’s leading commercial real estate services group, offers public and private sector organisations, occupiers and investors a full range of real estate services; consultancy, letting & sales, investment, valuations, space planning, as well as market research. Atisreal accompanies its client’s national and international real estate strategies via a network of 67 offices in Europe, Middle East, India and United States, and across America and Asia thanks to its Alliance Partners. Atisreal employs 2, 400 professionals and generated an income of € 431 million in 2007. Atisreal is asubsidiary of BNP Paribas Real Estate, the real estate division of BNP Paribas, ranking among the world's top 10 banksbymarket capitalization and total assets. For further information:www.atisreal.com Press contacts Atisreal/BNP Paribas Real Estate: Anne-Caroline Briand - Tel: +33 (0)1 55 65 22 11 - Mobile : +33 (0)6 31 47 63 85 - anne-caroline.briand@bnpparibas.com BNP Paribas Channel Islands: David Myatt - Tel:+ 44 1534 878 489 – david.myatt@bnpparibas.com

BDP Press Release BDP Press Release