Crowdberry plans expansion in real estate with new appointment

07
Oct
2020
News - Crowdberry plans expansion in real estate with new appointment #career #Crowdberry #crowdfunding #Czech Republic #investment #real estate #Slovakia

by Property Forum | Career

As of September, Omar Sattar, a real estate professional with more than 25 years of experience in the sector at companies like DTZ, Avestus Capital Partners, and Colliers International, has taken over the management of the real estate investment team of the Czech and Slovak investment platform Crowdberry. The company now provides private investors with a greater volume of specific investment opportunities in high-quality residential projects and commercial real estate.


Crowdberry to date has specialized in investing in the equity of companies. Over the past five years, the firm has helped five hundred private investors invest in fifteen companies, such as Footshop, GymBeam, and Ecocapsule, with investments worth €24 million. At the same time, it manages an investment fund worth more than €23 million supporting young Slovak companies. A similar principle of equity investing is applied to real estate sector. In so doing, Crowdberry makes it possible for individuals to own a share in a specific real estate development, or existing commercial project, which sets the platform apart from most current real estate investment possibilities. A key element of Crowdberry's real estate investment platform is that it helps its investors to co-invest with an experienced development partner. On the one hand, the selected development partner can access a new source of equity and project ambassadors, while on the other, the investors help the developer grow and participate in its success.  

Omar Sattar is an experienced real estate industry professional and a qualified chartered surveyor (MRICS) of the Royal Institution of Chartered Surveyors. He comes from Scotland; however, has spent the vast majority of his professional career (since 1997) in Central and Eastern Europe. Omar is also an independent board member of the CPI Property Group. 




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New leases

  • Froo Romania, a subsidiary of the Żabka Group, has relocated its HQ to the Bucharest-based Hermes Business Campus. The retailer secured around 2,900 sqm of office space in a transaction facilitated by Colliers.
  • Court One has signed a lease for approximately 6,300 sqm of space at MLP Business Park Vienna. The tenant, a subsidiary of the Padeldome group, is currently Austria’s largest operator in the sector, managing 42 courts across four locations in the capital.
  • Polish fashion and lifestyle brand Medicine has accelerated its domestic expansion, headlined by the opening of its largest store to date, a 985 sqm flagship at the Silesia City Center in Katowice. This strategic scale-up is mirrored by simultaneous growth in several regional markets, including a new 740 sqm unit at Magnolia Park in Wroclaw and a 600 sqm extension at Galeria Warmińska in Olsztyn. The retailer further bolstered its Silesian presence with a 500 sqm location at Pogoria Shopping Centre and a new opening at CH Platan, significantly increasing its total floor space across Poland.

New appointments

  • Avison Young has promoted Bartłomiej Krzyżak and Marcin Purgal to the roles of Co-Heads of the Investment Department in Poland. Krzyżak, previously Senior Director, brings 18 years of commercial real estate experience, having joined Avison Young in 2017. Purgal, also a former Senior Director and a member of the Royal Institution of Chartered Surveyors (MRICS), transitions into the co-head role with 23 years of experience in the CEE commercial markets.
  • 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.


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