BNP Paribas Real Estate is launching 250,000 m[sup]2[/sup] of office development in 2012, a recorded compared with the annual average of 100,000 m[sup]2[/sup] over the last 10 years. The international real estate advisory arm of French banking group BNP Paribas said that 206,000 m[sup]2[/sup] of offices was delivered in 2011.