Shay Baruch takes over as CEO at LivUp

21
May
2024
News - Shay Baruch takes over as CEO at LivUp #Aurec Capital #career #LivUp #management #Poland #residential

by Property Forum | Career

Shay Baruch has taken over the role of LivUp CEO, succeeding Roee Shamir, who has decided to pursue new career challenges after completing a duration of 7 years at this position. 


LivUp, a company active in the Private Rented Sector (PRS) in Poland, announces the appointment of Shay Baruch to the role of CEO. He had previously served in key roles at companies such as GTC S.A., Cineworld Group Plc, and EY.  In his new role, Baruch will "drive forward the company's strategic initiatives and deliver unparalleled value to its stakeholders". Under the leadership of the new CEO, the plans remain the same - to expand company’s portfolio to several thousand flats across the region.

Roee Shamir had been the CEO of LivUp since its establishment and had played a significant role in its dynamic growth across the country, as well as contributed to the development of the Private Rented Sector (PRS) in the Polish real estate market. After founding and leading LivUp for the last 7 years, Mr. Shamir has decided to pursue new professional challenges.

LivUp oversees the management of over 750 residential units across Warsaw and Kraków. It is a subsidiary of Aurec Capital, a well-established international investment group and a major player in the Polish real estate market.

Within each of its developments, LivUp introduces numerous amenities. These include private fitness rooms that host complimentary yoga classes, lounge spaces doubling as coworking areas during the day and transforming into relaxing communal zones in the evening, as well as infrastructure for cyclists and tenant discount programs. LivUp offer spans from studios to one-, two- and three-bedroom flats, all furnished and finished to high standards.




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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