Transwestern, BNP Grow Global Reach With Joint Venture

Law360, New York (March 20, 2012, 4:32 PM EDT) -- The commercial real estate arm of European banking giant BNP Paribas SA and private real estate services company Transwestern have formed a joint venture in an effort to expand both companies' global real estate reach, they said Tuesday.

In connection with the deal, Houston-based Transwestern will be BNP Paribas Real Estate's exclusive U.S. service provider, while BNP will serve in the same role for Transwestern regarding business in the team's overlapping coverage areas in Europe, the Middle East, Africa and India, the companies said.

Transwestern had...
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