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

  • IAG GBS Poland, the shared services arm of the International Airlines Group (IAG), has finalised a lease renewal for 2,246 sqm of office space within the O3 Business Campus in Krakow. The decision to remain in the current location followed a comprehensive market analysis and workplace audit conducted by Savills.
  • Golden Star Estate has secured two ground-floor tenants at its Warsaw-based Konstruktorska Business Center. 5 SENSES has signed as the new canteen operator, occupying 560 sqm of ground-floor retail space. Concurrently, CONTRACT Meble Biurowe has extended its commitment to the property. The firm, which has operated a publicly accessible showroom at the site since 2021, renewed its lease for 350 sqm on the ground floor.
  • American retailer GAP entered the Romanian market at Fashion House Militari, followed by the launch of an Italian Stefanel store at Fashion House Pallady, with a further Stefanel location scheduled to open shortly in Militari.

New appointments

  • Avison Young has strengthened its Polish leadership with three senior promotions. Patryk Błach ascends to Associate Director within the Investment Advisory Department. Kamil Głowienka has been named Senior Project Manager. Furthermore, Katarzyna Uzar becomes a Valuation and Innovation Specialist, tasked with integrating technological solutions and coordinating global departmental projects.
  • Katarzyna Myjak has joined Axi Immo as Senior Business Advisory Manager, tasked with strengthening the company’s Industrial & Logistics business line.
  • Czech investment group SCF has expanded its team by appointing Jan Simandl as Senior Leasing Team Leader. In this role, Simandl will oversee leasing activities across the company’s commercial property portfolio. He previously worked for CPI Property Group and CBRE.


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