The paref
Group

Key figures

AT DECEMBER 31, 2022

ASSETS UNDER MANAGEMENT

> €3 billion

Own-account assets

€192 million

EPRA NRV

€128.0

ourStory

Accelerating growth

By carrying out an oversubscribed capital increase of €17 million, we accelerate our development. A new solution is offered to our partners and investors on the basis of three pillars (own-account management with PAREF SIIC, for individual investors through PAREF Gestion and for institutional investors through PAREF Investment Management) with integrated teams that operate in synergy.

Acquisition of the Franklin Tower

In September 2019, we finalized the acquisition of 6 floors in Franklin Tower located in La Défense (Greater Paris). This acquisition is the demonstration of the SIIC's new strategy, namely the progressive growth in the value of the real estate assets held by the company PAREF with a proactive management allowing the repositioning on assets of significant size and mainly located in the Greater Paris area.

Opening of an office in Frankfurt - Germany

With its international expertise with offices in Zurich and Milan, the PAREF Group is accelerating its growth with the opening of a branch of PAREF Investment Management in Frankfurt.

PAREF Investment Management Gmbh aims to manage assets on behalf of third parties.

The Management

Antoine Castro

Chairman and Chief Executive Officer - PAREF GROUP

Antoine Castro has more than 20 years' experience in property management.

After starting his career as a portfolio manager, he progressed to senior management positions in international companies such as Morgan Stanley Real Estate, Quantum Global Real Estate and Fosun Hive Holding.

Antoine is Chairman and CEO of PAREF. He joined the PAREF group in 2017 as Managing Director in order to stimulate a new dynamic. In 2022, the Board of Directors appointed him Chairman in order to strengthen the responsiveness and effectiveness of the group's strategic management in Europe and internationally.

Antoine graduated in Finance from the University Panthéon Sorbonne (Paris I) and in Corporate Finance from the University of Evry-Val-d'Essonne.

Anne Schwartz

CEO - PAREF GESTION

Managing Director of PAREF Gestion, Anne Schwartz has more than 20 years of expertise in real estate markets.

Anne begins her career in asset management before occupying various positions in real estate development and fund management, mainly as Deputy Managing Director at AXA REIM SGP and member of the executive committee of AXA IM Real Assets executive committee.

Anne joins PAREF Gestion in 2019, where she leads the development of the structure in France and Europe.

Anne is a graduate from ESLSCA Business School Paris and holds a Master's degree in real estate from the University of Paris-Est Créteil, specializing in construction economics and real estate activities.

Jia Wang

Group Deputy CFO

Group Deputy Chief Financial Officer, Jia Wang has more than 10 years of experience in finance.

Jia started her career in 2011 at Schneider Electric in internal audit and financial controlling.

In 2017, she joined PAREF Group, where she led various subjects, such as financing, financial controlling and financial communication. She is a major strength for the Group thanks to her profound understanding of the Group’s financial challenges at stake and its ecosystem.

Jia is a graduate in management from HEC Paris and holds a double degree from CEMS (Master in International Management).

Azzdine GUECHI

Group Real Estate Director

Group Real Estate Director, Azzdine Guechi has more than 12 years of expertise in real estate investment and asset management.

Azzdine Guechi held several positions at COVIVO where he began his career as an Analyst. In particular, he was responsible for various teams within its subsidiaries before becoming Manager of the Offices France portfolio.

Azzdine joined PAREF in 2021 as Director of Asset Management in order to contribute to the acceleration of the Group's development.

Lydia Garcia-Behr

GROUP GENERAL COUNSEL

Group General Counsel, Lydia Garcia-Behr benefits from more than 20 years of experience in real estate law.

She spends most of her career at AXA REIM France and AXA IM Real Assets as Head of Legal within the Asset Management department and then Head of Legal Corporate Affairs and Transversal Projects.

Lydia joins the PAREF Group in 2018 as Group General Counsel, implementing the legal strategy across all company's activities, in France and internationally.

A graduate of Paris-X Nanterre University, Lydia holds a DEA in private law, with a specialization in contract law, real estate, securities and banking law.

Sophie xianyu

COO Group

Chief Operating Officer, Sophie Xianyu begins her career as a construction engineer and holds various project manager positions at Geoxia and Printemps before evolving as AMO Project Manager at JLL.

She subsequently joins PAREF as project manager and then COO, where she contributes to the implementation of the group’s strategy in terms of land planning and development.

Sophie is a UCLA graduate, from which she holds an MSc in Civil Engineering and Structure. She also holds a diploma from the Special School of Public Works, Building and Industry (ESTP).

Audrey GENOVESE

GROUP HUMAN RESOURCES DIRECTOR

Audrey Genovese has over 7 years’ experience in human resources.

She begins her career at Salvatore Ferragamo before joining Tory Burch, where she evolves in a challenging and international environment.

Audrey joins PAREF Group in 2018, with the goal to develop the HR strategy to match the Group's ambitions. Among her many missions, Audrey oversees the Group’s recruitment processes as well as skills development and talent retention programme.

Audrey is a graduate of IAE Business School Paris in Human Resources and Corporate Social Responsibility.

our
values & our culture

Commitment

For nearly 30 years we have been committed to our clients and to making their investments grow.

Diversity

Thanks to our expertise and to the diversity of assets at our disposition, we can support our clients throughout the entire real estate asset cycle.

Proactivity

We are constantly reinventing ourselves and proactively responding to new challenges in the sector.

Agility

Faced with the new challenges brought about by globalization, we operate with agility to grasp every prospect for the future.

OPEN MIND

Employees who express themselves, meet to share their expertise and knowledge, for ever greater openness and transparency.

Team spirit

A spirit of mutual support and collaboration, a commitment to common objectives for our employees and partners.

Kindness

Valuing employees, fostering their development by providing the best possible tools and efforts to develop their full potential.

Excellency

Operational excellence is the very core of our DNA. Our expertise, responsiveness and discipline have enabled us to maintain a relationship of trust with our clients for many years.

our
Vision

360 ° REAL ESTATE PRECURSOR

With PAREF, at a time where globalisation rimes with the acceleration of our development, you will benefit from an international partner that integrates all the expertise needed to grow your real estate assets.

OUR COMMITMENTS

Commitment, Diversity, Proactivity and Agility are the values promoted by PAREF Group.
With the certainty that there is a close link between responsible investment and value creation for our investor clients and partners, these values are the foundations of our commitment to a sustainable development. By taking into account sustainable development criteria, we have a better control and understanding of the performance of the real estate assets we manage. This is how we preserve the financial performance over the medium and long run as well as the value of our assets over time.

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