BNP Paribas Real Estate, the international property arm of French banking giant BNP Paribas, has launched two new platforms to enable Asian investment into European real estate.
The platforms, introduced in Hong Kong and Singapore, strengthens the company's range of offerings in the region, which span the entire real estate life cycle: from property development to property management and investment management.
Three senior appointments were made as part of the launch.
Mark Kumarasinhe is now managing director for North Asia, based in Hong Kong. Kumarasinhe was previously a director at Macquarie Bank and the chief investment officer of Macquarie Office Trust. He joins the firm from CBRE Capital Advisors where he was the head of Asia. He reports to Paul Yang, chief executive for Hong Kong.
Also based in Hong Kong is Mathieu Brummer, who takes the role of deputy head, Hong Kong. He was previously an international investment director with BNP Paribas Real Estate's Frankfurt office. He reports to Kumarasinhe.