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This document is for informational purposes only and does not constitute investment research or financial analysis relating to transactions in financial instruments as per MIF Directive (2014/65/EU), nor does it constitute on the part of BNP Paribas Real Estate Investment Management France or its affiliated companies (“BNPP AM Alts”) an offer to buy or sell any investments, products or services, and should not be considered as solicitation or investment, legal or tax advice, a recommendation for an investment strategy or a personalized recommendation to buy or sell securities.
It has been established on the basis of data, projections, forecasts, anticipations and hypothesis which are subjective. Its analysis and conclusions are the expression of an opinion, based on available data at a specific date.
All information in this document is established on data made public by official providers of economic and market statistics. BNPP AM Alts disclaims any and all liability relating to a decision based on or for reliance on this document. All exhibits included in this document, unless stated otherwise, are as of the publication date of this document.
Furthermore, due to the subjective nature of these opinions and analysis, these data, projections, forecasts, anticipations, hypothesis, etc. are not necessary used or followed by BNPP AM Alts’ portfolio management teams or its affiliates, who may act based on their own opinions. Any reproduction of this information, in whole or in part is, unless otherwise authorised by BNPP AM Alts, prohibited.
Issued by BNP Paribas Real Estate Investment Management France, a company incorporated under the laws of France, having its registered office located at 50 Cours de l’Ile Seguin, 92100 Boulogne-Billancourt, France and its postal address at Tour Majunga, 6 place de la Pyramide, 92800 Puteaux, registered with the Nanterre Trade and Companies Register under number 300 794 278, and a Portfolio Management Company, holder of AMF approval no. GP 07000031, issued on 1 July 2007.
In other jurisdictions, this document is issued by BNPP AM Alts’ affiliates in those countries.
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