BNP Paribas Real Estate Investment Management (BNP Paribas REIM) presents its Lighthouse Report for H2 2025, an outlook for the European real estate market using its in-house forecasts, analysis, and the expertise of its local teams. In this new edition, BNP Paribas REIM defines its convictions and provides the investment strategies for the rest of the year.

BNP Paribas Real Estate APM Luxembourg is launching the constructive works to improve its future working spaces in the eKinox building, located in the Kirchberg district in Luxembourg.

With investment in commercial real estate on the rise again in Europe, retail premises continue to recover. They showed the strongest growth of all real estate asset categories, with investment up 31% year-on-year, ahead of hotels (+3%), offices (+13%) and logistics (+19%).

BNP Paribas Real Estate Property Management (BNP Paribas REPM) launches Operating Partner Services, a new pan-European solution that provides dedicated support, rounding out the traditional property management services with delegated asset management.

Rapid repricing helped the market to find its way back to moderate growth in some areas. Investment in industrial premises and logistics reached €42bn in 2024, +23% compared to last year. Industrial & logistics investment hit its lowest point in 2023 and returned to growth in 2024. This reflects an improvement in financial conditions. Further adjustments by central banks to key interest rates are expected in 2025 before they stabilise.