ARTICLES LABELLED WITH TAG MaMaison

01
Dec
2020

Ott Ventures launches €500 million CEE hotel fund

by Property Forum

Ott Ventures, the private equity arm and fund management platform run by Orco Property Group and MaMaison Hotels & Residences founder Ott Properties, has announced the launch of its first hotel fund, Velvet. The pan-European investment vehicle is targeting total assets under management of €500 million with a planned LTV of 50%. It will invest across Europe with a focus on the main Central European markets of Poland, Czech Republic and Hungary as well as Germany and Austria.

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Latest news

New leases

Vastint Romania has announced the opening of Saint Roastery Botanica, an urban café, within Business Garden Bucharest, occupying an area of 165 sqm.
Himalaya and Sabon are joining the brand mix at Fashion House Militari, adding new options in the beauty, sport, and lifestyle categories. Furthermore, Collective pop-up outlet is opening a multibrand store at Fashion House Pallady.
Rohlig SUUS Logistics, the largest Polish logistics operator, has extended its lease, on a long term basis, at the Bolero Office Point 1 building in Warsaw. The company has been occupying the space since 2014.

New appointments

Nhood has appointed Mihaela Petruescu as the new Country Director for Property Services Romania & Poland as of October. She previously held leadership positions at large real estate firms, such as Cushman & Wakefield Echinox and CBRE Romania.
Daniel Orczyk has been named Senior Project Manager at the technical advisory department of Avison Young in Poland. He is a licensed structural engineer and building site manager with over 20 years of experience.
Łukasz Meisner has joined Peakside Capital Advisors as Head of Project Management. He will be responsible for the management of Peakside's investment projects in Poland, including overseeing the implementation of key investments within the City Point, Urban Parks, and Peakside Industrial logistics platforms.

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