BNP Paribas Real Estate Investment Management (BNP Paribas REIM) has successfully launched the first property fund that sets out to be compliant with the 2015 Paris Agreement, a landmark agreement that brought nations together to combat climate change and to accelerate and intensify the actions and investments needed for a sustainable low carbon future.
The “European Impact Property Fund” (“EIPF”) by BNP Paribas REIM has EUR 160million of equity capital commitments secured to date, including EUR 100 million from a leading European Insurance company and another French institutional investor also backing the fund at its first close.
Read the full press release now at the link below