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ECE Projektmanagement GmbH & Co. KG

CATEGORY
Investor of the Year, CEE
ECE was founded in 1965 by mail-order pioneer Prof. Werner Otto and is owned by the Otto family. Since 2000, the company founder's son, Alexander Otto, has been heading the company. Hamburg-based ECE has been developing, building, leasing out, and managing large commercial properties and is a leading European shopping center operator. For decades, ECE has been realizing very successfully large group headquarters, office buildings, industrial buildings, logistic centers, traffic-related properties, hotels and other highly complex building types. ECE employs specialists with in-depth knowledge of the retail trade and all related "disciplines" and pools this wide-ranging expertise under one roof. Our full-service concept extends from the original idea right through to long-term management. Our credo: a full range of services from a single provider who takes overall responsibility as opposed to a "coordinator". This expertise is underpinned by several decades of experience in the sector a
Name of company
ECE Projektmanagement GmbH & Co. KG
Name of President or Managing Director for the region
Alexander Otto, CEO
President or Managing Director for the region profile
Leszek Sikora, Managing Director, ECE Projektmanagement Polska -
joined ECE Projektmanagement in 2005 as development manager and head of Polish development department from June 2011. Since 2013 Leszek is managing director and member of the board of ECE.
Regions active in (in which countries the company operates)
Germany, Turkey, Poland, Hungary, the Czech Republic, Austria, Switzerland, Italy, Denmark, United Kingdom
Portfolio of all properties currently held by your company
Shopping centers: approx. 195 under management

Office / logistics properties:
1,735,000 m² logistics space realized or in planning
1,196,000 m² realized office space

Current construction and planning volume: 2.8 billion euros, thereof 1.8 billion euros at the Office, Traffic, Industries section

Assets under management
32.3 billion euros

More detailed information: www.ece.com
Office projects included in the portfolio
1,196,000 m² realized office space
The value of office properties held by investor (in EUR)
n/a
Retail projects included in the portfolio
approx. 195 under management (more than 50 of which are managed by MEC METRO-ECE Centermanagement GmbH & Co. KG in a joint venture with METRO AG)
3 planned or under construction
13 being refurbished
approx. 20,000 shops
7,000,000 m² sales area
22.3 billion euros retail turnover in the centers per year
4.1 million visitors in total per day in all centers
The value of retail properties held by investor (in EUR)
n/a
Warehouse projects included in the portfolio
1,735,000 m² logistics space realized or in planning
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)
Acquisition of two shopping centers in Lublin and Koszalin. The two centres are premium assets with a strong, established market position in their respective catchment area. They have a positive turnover and footfall development, strong anchor tenants as well as value-add potential.
Atrium Felicity in Lublin, opened in March 2014, accommodates across a leasable area of 77,000 sqm, 120 shops and offers 3,000 parking spaces. It is located at a main arterial road in the south-east of Lublin.
Atrium Koszalin opened in November 2008, accommodates, across a leasable area of 43,000 sqm, approximately 120 shops. The adjacent retail park is part of the transaction, comprising of approximately 15,000 sqm leasable area and 1,500 parking spaces. It is located at one of the main traffic hubs in the south-east of Koszalin.
Future plans
Current construction and planning volume
2.8 billion euros, thereof 1.8 billion euros at the Office, Traffic, Industries section
Acquisition activity across the CEE real estate markets between October 2018 and September 2019
Acquisition of two shopping centers in Lublin and Koszalin. The ECE will take over the management and leasing of both centers, increasing the assets under management in Poland to a total of ten centers. The two centres are premium assets with a strong, established market position in their respective catchment area. They have a positive turnover and footfall development, strong anchor tenants as well as value-add potential.
Atrium Felicity in Lublin, opened in March 2014, accommodates across a leasable area of 77,000 sqm, 120 shops and offers 3,000 parking spaces. It is located at a main arterial road in the south-east of Lublin.
Atrium Koszalin opened in November 2008, accommodates, across a leasable area of 43,000 sqm, approximately 120 shops. The adjacent retail park is part of the transaction, comprising of approximately 15,000 sqm leasable area and 1,500 parking spaces. It is located at one of the main traffic hubs in the south-east of Koszalin.
Why the company deserves the award (in a paragraph you can describe the specific achievements of the company)
ECE Projektmanagement in Germany is the umbrella for international activities in 10 subsidiaries i.a. in Czech Republic, Italy, Hungary, Austria, Turkey. Managing 195 shopping centers (out of which approximately 40 in international markets), ECE is a leading shopping center company in Europe. The assets operated by ECE on behalf of their owners have a current market value of €33 billion. Every day, approximately 4.2 million customers visit ECE managed centers which accommodate about 19,500 retail tenants on a total sales area of about seven million square meters, generating a total annual turnover of around €23 billion. In addition, ECE has realized more than one million square meters in office space, more than 1.3 million square meters in logistics space, and more than 3,100 hotel rooms. Furthermore, the company has completed or planned over 2,900 apartments.
Company website
www.ece.com