BNP Paribas and Therus Investment completed the formation of a joint venture.

Synopsis

BNP Paribas and Therus Investment, both real estate companies, completed the formation of a joint venture to acquire a property and convert it into a hostel. Financial terms were not disclosed.

Principals

target

Bnp Paribas / Therus Investment Joint Venture

bidder

Bnp Paribas Real Estate Investment Management

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Market Context