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Last updated: May 12, 2026, 2:30 PM ET

European Real Estate Credit

BNP Paribas Asset Management is aggressively deploying capital into European property debt, having amassed €3bn for its latest credit strategy focused on value-add transactions. The manager seeks to achieve high single-digit internal rates of return by extending financing against transitional real estate assets through the new fund and related vehicles to capitalize on pricing gaps.