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.



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New leases

  • Vastint Romania secured its first tenant for Bucharest-based Timpuri Noi Square Phase 2, signing SCOR for 3,250 sqm. The transaction, brokered by CBRE, facilitates SCOR’s expansion within Vastint’s local portfolio. The company has previously leased 2,320 sqm in Business Garden Bucharest.
  • EVO Properties has named Alexandru Marin as the new Property Manager for the London and Oslo office buildings in Bucharest. He brings over 15 years of property management experience.
  • IF&B Mille Sapori, the importer and distributor of Italian food products in Poland, has leased 4,118 sqm in the MLP Pruszków II complex. The lease deal was brokered by Coldwell Banker Commercial.

New appointments

  • 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.
  • Michał Kochanowski-Laren has joined Avison Young Poland’s Technical Advisory and Project Management team as Project Manager. In his new role, he is responsible for delivering a variety of consultancy projects across all segments of the commercial real estate market in Poland. Kochanowski-Laren is an electrical engineer and a graduate of the Warsaw University of Technology.


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