Name of company
ISOC Group
Name of President or Managing Director for the region
Michael C. Cosiquien
President or Managing Director for the region profile
ISOC Group Chairman Michael C. Cosiquien started as an entrepreneur at a young age. In 2017, Mike established ISOC Group as a venue to pursue his vision of unlocking potential using innovation and technology. Through ISOC, he is now venturing into cold chain logistics, energy, property development, and infrastructure. Prior to establishing ISOC, he co-founded Megawide Construction Corporation in 1997 and grew this to become one of the Philippines' leading infrastructure companies.
Regions active in (in which countries the company operates)
ISOC Group holds operations in the Philippines and Poland.
Portfolio of all properties currently held by your company
ISOC Group's portfolio includes the following properties:
• Silesia Business Park Buildings C&D (Chorzowska, Katowice) – 24,618 sq.m.
• Alchemia III (Grunwaldzka Avenue, Gdansk)- 37,969 sq. m.
• Business Garden Wroclaw Phase 1 (Legnicka St., Wroclaw) – 38,717 sq.m.
• Lipowa - 2,867 sq.m.
Total portfolio size: 104,171 sq.m.
Office projects included in the portfolio
ISOC Group's portfolio consists of office properties:
• Silesia Business Park Buildings C&D ( Katowice) – 24,618 sq.m.
• Alchemia III (Gdansk)- 37,969 sq. m.
• Business Garden Wroclaw Phase 1 (Wroclaw) – 38,717 sq.m.
Total portfolio size: 101,304 sq.m.
The value of office properties held by investor (in EUR)
EUR 248,000,000
Retail projects included in the portfolio
N/A
The value of retail properties held by investor (in EUR)
N/A
Warehouse projects included in the portfolio
N/A
The value of warehouse properties held by investor (in EUR)
N/A
The largest purchase transactions between October 2018 and September 2019 (subject of the transaction, its total take up area and value in EUR)
All existing properties were acquired within the period of October 2018 – September 2019.
• Silesia Business Park Buildings C&D ( Katowice) – EUR 59,000,000
• Alchemia III (Gdansk)- EUR 92,000,000
• Business Garden Wroclaw Phase 1 (Wroclaw) – EUR 95,000,000
Total Transaction Value: EUR 246,000,000 (blended yield of circa 7%)
Future plans
Seeing the strong opportunities for growth and development in the CEE, ISOC Group is focused on expanding its investment portfolio in the region, particularly Poland. Over the next year, we’ve earmarked Krakow and Warsaw as key cities we would like to build our presence in, while at the same time continuing to explore opportunities to grow our portfolio in the cities of our current assets.
Another key focus of ISOC Group is providing high quality, distinguished landlord services to our tenants, and thus, ISOC Group is investing in building strong partnerships with best-in-class providers, working hand-in-hand with them in coming up with strategies and programs that would continuously improve how we do business and how we can constantly provide excellent services. Recognizing the dynamic real estate environment, we endeavor to keep our services and solutions relevant, innovative and up to date.
Acquisition activity across the CEE real estate markets between October 2018 and September 2019
Office properties were acquired within the period of October 2018 – September 2019
• Silesia Business Park Buildings C&D ( Katowice) – December 2018
• Alchemia III (Gdansk)- March 2019
• Business Garden Wroclaw Phase 1 (Wroclaw) –May 2019
Why the company deserves the award (in a paragraph you can describe the specific achievements of the company)
Hailing from the Philippines, ISOC Group’s current portfolio in Poland fits its long-term strategy investing in attractive real estate projects that bring high value to stakeholders amid a very dynamic industry. We believe these investments complement the Group’s investment portfolio in the Philippine cold chain logistics, energy, infrastructure and property development industries. Despite being a continent away, the Group saw a great growth potential in the Polish market. Thus, the nomination affirms and recognizes the Group’s ability to close a deal within a short period of time, and acknowledges its unique position as a Southeast Asian player heavily investing in the CEE region. ISOC Group's investments this year has been, by far, the largest investment made by a Philippine company in the CEE CRE, proving that the Philippines is a source of ambitious players, who have the desire & capability to become active and successful in the European property scene.