Eurobuild Awards
Book your ticket

HB Reavis Group

CATEGORY
Office Developer of the Year, CEE
HB Reavis is an international workspace provider that designs, builds and manages places that enhance office wellbeing and productivity. Operating across six countries: the UK, Poland, Czechia, Slovakia, Hungary and Germany, it has already provided workspaces for over 65,000 people with a a plan to deliver many more in the pipeline. To find out more visit: https://reav.is/aboutus Since HB Reavis was founded in 1993, we have successfully delivered more than 1,3 million sq m/13.9 million sq ft with Gross Development Value of 4.2 billion EUR / £3.8 billion.  We have further developments in the pipeline totalling more than 1.1 million sq m/12.0 million sq ft, with a planned value of 6.6 billion EUR/£6.0 billion. Workspace as a Service approach We go far beyond the ad cliché of making people happy. We boost your comfort and make you deliver your best while reducing stress level and taking care of all your needs. Details about all our subbrands https://reav.is/aboutus
Name of company
HB Reavis Group
Name of President or Managing Director for the region
Marian Herman
President or Managing Director for the region profile
Marian was appointed to the CEO position in March 2018. Despite the CoVid-19 challenges, he keeps HB Reavis as a very stable business and keeps overall priority to seek new opportunities. The focus on the needs of our clients on the health & safety of the working environment and well-being of the users has an importance today. Marian fully supports the company focus on introducing new platforms including Symbiosy and Origameo which are now well-positioned to take advantage of this new era.
Portfolio of all completed properties currently held by your company
Varso 1, Poland, 34 000 sqm GLA Varso 2, Poland, 40 000 sqm GLA Nivy Tower, Slovakia, 33 000 sqm GLA Agora Tower, Hungary, 37 000 sqm GLA Agora HUB, Hungary, 35 000 sqm GLA
Value of the projects currently held by company (in EUR)
Pipeline value: 6.6 billion EUR
Size of the projects currently held by company (GLA)
Pipeline: 1.1 million sq m
Properties sold between October 2019 and September 2020
20 Farringdon, London, UK; West Station I, Warsaw, PL; West Station II, Warsaw, PL; Twin City A, Bratislava, SK; Twin City B, Bratislava, SK; Twin City Tower, Bratislava, SK
Value of the properties sold between October 2019 and September 2020 (in EUR)
not disclosed
Size of the properties sold between October 2019 and September 2020 (GLA)
151 000 sq m
Projects completed between October 2019 and September 2020
Nivy Tower, Slovakia, 33 000 sqm GLA; Varso 1, Poland, 34 000 sqm GLA; Varso 2, Poland, 40 000 sqm GLA; Agora Tower, Hungary, 37 000 sqm GLA
Value of the projects completed between October 2019 and September 2020 (in EUR)
not disclosed
Size of the projects completed between October 2019 and September 2020 (GLA)
144 000 sqm
Projects under construction
Bloom Clerkenwell, UK Varso Tower, Poland Forest, Poland DSTRCT, Germany Nivy Mall & Bus Station, Slovakia Agora Hub, Hungary
Value of the projects in progress (in EUR)
not disclosed
Size of the projects in progress (GLA)
336 000 sqm
Projects in the pipeline
One Waterloo, London, UK; Worship Street, London, UK; Bloom Clerkenwell, London, UK; Varso Tower, Warsaw, PL; Forest, Warsaw, PL; DSTRCT.Berlin, Berlin, DE; Museo, Prague, CZ; Forum Business Center II, Bratislava, SK; Nivy Hub I, Bratislava, SK; Nivy Hub II, Bratislava, SK; Nivy Lab, Bratislava, SK; New Apollo, Bratislava, SK; Nivy Mall & Bus Station, Bratislava, SK; Agora C, Budapest, HU
Please say why your company should be considered for the award
2019- one of the best results in the history • Operating profit of €486 million vs €197 million for the PY • Total assets at €3.04 billion at the end of 2019 vs €2.34 billion at the end of PY • Net Asset Value of €1.73 billion vs €1.34 billion at the end of PY • Cash & cash equivalents at the end of 2019 were €122.6 m • Total Debt as at the end of 2019 stood at €1.11 billion • Net Debt Leverage Ratio at 32.4% • Gross Debt Leverage Ratio at at 36.4% 2020- • Despite the CoVid-19 challenges, HB Reavis is still well-positioned (our Total Assets far exceed Total Liabilities and Company Equity amounts to €1.7bn) and current liquidity of €185 million cash on the balance sheet as at end of Q2 2020. • The focus on the needs of our clients on the health & safety of the working environment and well-being of the users has an importance today. HB Reavis introduced new platforms including Symbiosy & Origameo which are now well-positioned to take advantage of this new era.