Name of company
Invesco Real Estate
Name of President or Managing Director for the region
Anna Duchnowska - Director - Asset Management, Head of Polish Operations
Regions active in (in which countries the company operates)
Czech Republic, Poland, Slovakia
Portfolio
Currently IRE has c. €1.1bn invested across CEE, within the office, retail, logistics and hotel sectors.
Since 2011, IRE has made numerous deals in CEE region of a total value €1.9bn and is still active on the market.
Office projects included in the portfolio
Plac Unii (Poland, Warsaw), 48,000 sqm GLA*
Crown Square (Poland, Warsaw), 16,000 sq m GLA
Riverview (Czech Republic, Prague) 7,000 sqm GLA
Futurama (Czech Republic, Prague) 16,000 sqm GLA
Stara Celnice (Czech Republic, Prague) 11,000 sqm GLA
Andel (Czech Republic, Prague) 4,000 sqm GLA
Corso Court (Czech Republic, Prague) 17,000 sqm GLA
Q22 (Poland, Warsaw) 52,963 sqm GLA
The value of office properties held by investor (in EUR)
C.€687.5m
Retail projects included in the portfolio
Galeria Kazimierz (Poland, Kraków), 38,000 sqm GLA
Plac Unii (Poland, Warsaw), 48,000 sqm GLA
Półwiejska 2 (Poland, Poznań) – 9,000 sqm GLA
The value of retail properties held by investor (in EUR)
c.€250m
The value of warehouse properties held by investor (in EUR)
€117m
The largest purchase transactions between October 2015 and September 2016 (subject of the transaction, its total take up area and value in EUR)
PÓŁWIEJSKA, €34m, 9,000 SQM GLA
Corso Court, €55m, 17,000 SQM GLA
Q22 Office Building, 54,000 SQM GLA
Future plans
Invesco has been active on CEE market for many years. Currently, the activity has substantially accelerated due to new investors’ mandates allocated to CEE. Invesco will continue to expand in CEE portfolio both within core products as well as in value added opportunities.
IRE lives and breathes the market through its on the ground of specialists and dedicated research knowledge and from this perspective our clients are comfortable that IRE can source the most attractive deals to help them achieve their investment objectives.
The value of the funds for the investment, whether the investor is permanently established in countries in the region, the number of employees
C.€937,5m in Poland & Czech Republic No of employees: Poland - 3 Czech Republic - 5
Acquisition activity across the CEE real estate markets between October 2015 and September 2016
PÓŁWIEJSKA, €34m, 9,000 SQM GLA
Corso Court, €55m, 17,000 SQM GLA
Q22 Office Building, 54,000 SQM GLA
Total value of acquisitions: C.€105m
Why the company deserves the award (in a paragraph you can describe the specific achievements of the company)
Invesco Real Estate (IRE) strategy is focused on top class buildings in prime locations, permanently seeking investment opportunities all over the region. Throughout last 12 months, the investor completed three major acquisitions for a total value of c.€105m and two sales for total value of c.€75m.
With numerous of deals, IRE is one of the most active investors on the real estate market in CEE region.
The investor sees number of opportunities available in Poland and CEE region and proves that with efficient asset management, particular investments can increase in value.
IRE lives and breathes the market through its on the ground of specialists and dedicated research knowledge and from this perspective our clients are comfortable that IRE can source the most attractive deals to help them achieve their investment objectives
We have been investing in the region for over 15 years and were one of the first managers to successfully launch two dedicated Central European real estate funds.
Given our long-standing reputation and deep contacts within the local market, we have access to some of the biggest and best deals in CEE off-market.