Spain. The market for properties destined for retail businesses (retail stores) is becoming increasingly important for real estate companies. This is evidenced by the announcement by the consulting firm BNP Paribas Real Estate of the creation of a new division for this area, which will be directed by Joël Franco, a professional with more than twenty years of experience in this sector.
Franco has worked mainly in companies in Spain and France, such as the real estate groups EXA, Alban Cooper and CBRE, among others. In addition, he has led teams dedicated to the management of retail facilities in the real estate companies Klepierre and Metrovacesa.
The retail department of BNP Paribas Real Estate, as announced by the company, will be an independent unit which will have within its responsibilities the development, leasing and management and investment services.


