Balmain becomes sole owner of BSC Group

23
Aug
2018
News - Balmain becomes sole owner of BSC Group #Balmain Asset Management #BSC #investment #Poland

by Property Forum | Investment

Balmain Asset Management Group has assumed 100% control of BSC Real Estate Advisors and BSC Property Management. The company has purchased a minority stake in the BSC companies and now holds 100% of the Group shares.


Jason Sharman has left BSC Real Estate Advisors to establish his own entity that will have no relation to the Balmain Asset Management Group or the BSC Group. He is no longer a director of any of the Group companies. The directors of Balmain Asset Management wish him well for the future.
 
The BSC companies will continue to be run separately to Balmain Asset Management. The BSC companies’ focus remains on multi-asset class real estate advisory across the CEE region, whilst Balmain Asset Management remains an operating partner and investment manager for dedicated clients as it has done for 15 years.
 
Paul Cawood and Tim Rylance remain the directors responsible for the operations of BSC with Paul Cawood, currently in charge of retail leasing and advisory, assumes the role of Head of Business Space which covers office and industrial. Tim Rylance remains responsible for BSC Property Management, as well as Project and Technical Services.



Latest news


New leases

  • Ford Polska has extended its lease agreement, until 2031, for nearly 1,200 sqm of office space in Warsaw's Diuna, part of the Syrena Real Estate portfolio. It is one of the first tenants of the Służewiec complex, having operated continuously at this location since February 2008.
  • Cordon Electronics, a specialist in electronics and advanced technologies, has renewed its lease agreement at MLP Pruszków II, in the immediate vicinity of Warsaw. The company will continue to occupy a total of 7,770 sqm of modern space, a footprint that includes 458 sqm dedicated to office operations.
  • mBank, the digital banking company in Poland, has decided to relocate its largest corporate branch in Lower Silesia to the Infinity office building in Wrocław. The company will occupy nearly 1,300 sqm on the fourth floor of the building. The tenant will move into the development owned by Avestus Real Estate and Alchemy Properties in January 2027.

New appointments

  • Krzysztof Wróblewski (MRICS) has been named Head of Portfolio Management CEE at Peakside Capital Advisors, responsible for overseeing investments and managing the real estate portfolio. He succeeds Christopher Smith in this role.
  • Garbe Industrial is reorganising its senior leadership team. CEO Christopher Garbe will now focus on strategic orientation and international activities. Jan Philipp Daun assumes leadership of the Development division alongside his existing Investment and Joint Venture responsibilities. Andrea Agrusow expands her remit to include Portfolio Management while retaining control of Commercial and Real Estate Management. Additionally, Michael Marcinek and Maik Zeranski will now jointly head the restructured Development unit as Management Board Members, succeeding Adrian Zellner.
  • CPI Property Group is strengthening its leasing structure with the appointment of Agnieszka Baczyńska as Head of Leasing. In her new role, she will be responsible for shaping and executing the leasing strategy across the group’s office and retail portfolio in Poland. At the same time, Izabela Potrykus has been appointed Leasing Office Director. Baczyńska brings more than 20 years of experience in the commercial real estate market. Prior to joining CPI Property Group in 2022, she served as International Leasing Director at Neinver Polska.


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