BNP Paribas Real Estate has reported a profit of EUR 138 mln, down by 27% on 2007's record profit of EUR 188 mln but slightly higher than 2006's figure of EUR 132 mln. The company said 'its model has resisted the difficult market conditions' thanks to its multi-expertise structure, its good balance between the professional services and development parts of the business and its quick reaction to worsening market conditions