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.



New leases

  • UDH, one of Poland’s largest distributors of premium imported beers, has leased approximately 1,400 sq m of modern warehouse and office space at the Park Rysy Kraków distribution centre. The tenant, which has chosen to expand its operations in southern Poland, was once again represented by AXI IMMO.
  • Golden Star Estate has secured a long-term lease agreement with global technology solutions and consulting provider C&F for nearly 1,900 sqm of office space at the Konstruktorska Business Center. Following the transaction, the property, located in Warsaw’s Mokotów business district, is now almost fully leased. The Polish branch of C&F will officially relocate to the facility at the beginning of 2027.
  • Natland Group has committed to its long-term presence at Prague-based Rohan Business Center through a lease extension covering 2,004 sqm of office space, together with storage facilities and dedicated parking spaces, in a deal brokered by iO Partners.

New appointments

  • Indotek Group has announced the appointment of Diederik Bakker as Group Chief Investment Officer and Group Head of Asset Management. In his new role, the Dutch real estate investment professional will gradually assume responsibility for the company's ITAM (investment, transaction, and asset management) activities across 12 European countries, supporting the next phase of Indotek Group’s growth. His focus includes facilitating sound investment decisions across Europe and developing a group-level portfolio management strategy that combines local market knowledge with international asset management know-how.
  • Peakside Capital Advisors has appointed Bogi Gabrovic to advise the board and support its investment and acquisition activities in Poland. Gabrovic brings more than 25 years of CEE real estate experience to the role, having previously held senior executive positions at CTP, Golub & Company, and White Star Real Estate, where she managed transactions exceeding €2 billion.
  • Katarína Brydone, Jana Vlková and Vendula Maršová have been appointed as the first Equity Partners of Colliers’ Czech business. Brydone brings more than 20 years of experience in international real estate. Vlková has more than 25 years of experience in commercial real estate. Maršová, Partner and Head of Valuation and Advisory Services, brings more than 16 years of experience in real estate valuation and advisory.

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