SEE Real Estate Awards Winners

By Retail SEE Group / April 1, 2019

Retail SEE Group co-hosted the 14th annual SEE Real Estate Awards organized by EuropaProperty at the Radisson BLU Hotel in Bucharest, Romania. The awards gala was heralded as a great success and was well received by all winners and their guests.

The 14th annual SEE Real Estate Awards for 2019 was held in front of a large and enthusiastic crowd. The event brought together some of the region’s leading real estate developers, investors and market professionals, who were there to see who would collect the 25 prizes that were handed out over the course of the evening.

The quality and number of nominations for this year’s event suggested an underlying strength to the region’s property markets, resulting in some companies winning multiple awards.

Full List of Winners for 2019


'Special Award' Woman of the Year: Mihaela Mazilescu

Mihaela Mazilescu - EuroapProperty's Director for SEE - was recognized for her 15 years of excellence and outstanding results in the SEE region.

F&B Retailer: Starbucks

AmRest Holdings SE is a leading publicly listed restaurant operator in Europe. The company runs the business under a number of brands like Starbucks. Currently AmRest portfolio counts over 2,000 restaurants in the segments of Quick Service Restaurants and Casual Dining Restaurants in 26 countries: Poland, Czech Republic, Slovakia, Hungary, Romania, Bulgaria, Serbia, Croatia, Slovenia, Austria, Russia, Spain, Portugal, France, Germany, Armenia, Azerbaijan, China, Belgium, Iran, Italy, Luxembourg, Saudi Arabia, Switzerland, UAE, UK.

Specialty Retailer: Miele

Miele has been an independent family-owned company since its establishment in 1899 and is equally committed to its owners, employees, customers, suppliers, the environment and society. The company focus is on manufacturing household appliances for the kitchen, the laundry room and for floor care, as well as appliances for use in commercial operations and medical facilities. Miele offers products to its customers that set the standards for durability, performance, ease of use, energy efficiency, design and service.

Fashion Retailer: AC&co.

AC Fashion Retail SRL (As BR Magazacilik in Turkey) is a part of Boyner Group which is the largest non-food retail operator in Turkey with more than 25 brands with a +400,000 sqm of sales area and 12,000 employee. BR Magazacilik found in 2011 and focused only in men's apparel with +300 stores, 43,000 sqm sales area, yearly +$112,000 million turnover and famous with its high quality fabric.

Newcomer: AC&co.

AC Fashion Retail SRL's Achievements in 2018 include: • Expanding in 7 new markets (Romania, Kazakhstan, Azerbaijan, Kyrgyzstan, Irak, Cyprus, Kenya)
• Opening 4 new stores in Romania with a target of 20 (Sun Plaza, Park Lake, Fashion House, Afi Cotroceni) • Agreements for 5 new markets (Germany, Morocco , Mongolia, Uzbekistan, Ukraine) • +4.8 million pieces of products sold.

Professional Service Provider: Bog'Art

Bog’Art is an integrated building company based in Bucharest, Romania. The company is an established market leader in general contracting for major real estate developments. It is the most reputable for delivering landmark real estate projects requiring complex and innovative technical solutions at the highest building standards. With hands-on management and highly qualified personnel, Bog’Art achieves international standards in construction processes while retaining local know-how and adaptability.

Architectural Firm: Optim Project Management

OPTIM PROJECT MANAGEMENT is a leading Design, Project, Cost & Construction Management company operating in the private sector in Romania and Bulgaria, with the capabilities to deliver the most complex of projects in a wide range of sectors from concept through to completion. Since 2009, more than 130 buildings have been constructed or are in the process of construction, thus making Optim PM one of the largest design & construction management companies operating within the private sector in Romania and SEE countries.

Law Firm: Wolf Theiss

Wolf Theiss is one of the leading law firms in Central, Eastern and South-Eastern Europe (CEE/SEE). The firm has built its reputation on a combination of unrivalled local knowledge and strong international capability. It opened its first office in Vienna over 50 years ago. The firms' team now brings together over 340 lawyers from a diverse range of backgrounds, working in offices in 13 countries throughout the CEE/SEE region.

Project Management Firm: Optim Project Management

OPTIM PROJECT MANAGEMENT is a leading Design, Project, Cost & Construction Management company operating in the private sector in Romania and Bulgaria, with the capabilities to deliver the most complex of projects in a wide range of sectors from concept through to completion. Since 2009, more than 130 buildings have been constructed or are in the process of construction

Property Management Firm: Cushman & Wakefield Echinox

Cushman & Wakefield Echinox, a top real estate consulting company, is the exclusive affiliate of Cushman & Wakefield in Romania, owned and operated independently. The company has a team of over 60 professionals and collaborators, offering a full range of services to investors, developers, owners and tenants across all segments of the real estate market. The Property Management services, transformed into Asset Services from 2019, are provided in shopping centres, offices and mixed-use portfolios, with around 405,000 sqm of properties under management in Romania since 2002.

Agency: CBRE

CBRE is the world’s largest commercial property services and investment company. It advises property owners, investors and occupiers on every aspect of their property strategies and assist them in the development, buying, selling, financing, leasing, valuing and management of their assets. Its teams are critical to its success and we aim to attract, develop and inspire the very best in our sector. In addition to exceptional property expertise, its team includes a huge range of sector specialists from areas such as production & manufacturing, workplace consultancy, corporate financing and shopping center development.

Bank: UniCredit

UniCredit Bank is one of the major financial institutions in Romania, providing services and products of high quality for all clients. UniCredit Bank aims to keep the customer constantly in the center of its activities, to be a partner easy to work with and a very active part of the communities in which it operates. The bank focuses on organic growth, aiming at a sustainable customer base expansion. If opportunities occur, the bank will also evaluate potential acquisition of portfolios from other banks (as successfully done in the past with RBS retail and corporate portfolios).

Investor: Globalworth

Globalworth's portfolio in Romania and Poland reached 1 million sqm of GLA, valued at €2.5 billion. The company also achieved an increase of 161 percent in net operating income (NOI). It also had its second admission to trading of corporate bonds on the Bucharest and Irish Stock Exchanges, with a total value of €550 million. And in the second part of the year established a partnership with Mindspace, which has opened its first offices in Romania in three of Globalworth's buildings.

Investment Deal: Dedeman - The Bridge office project

Forte Partners, one of the most active office real estate developers, sold the office project The Bridge to the Dedeman Group, producing the largest real estate transaction of the year. The project, to be developed in three phases, will create 80,000 sqm. According to Dragoș Pavăl, CEO of Dedeman Group, The Bridge is one of the most attractive projects on the real estate market and its acquisition will consolidate Dedeman's activity.

Residential Developer: AFI Europe

AFI Europe is a leading real estate development and investment company operating in Central and Eastern Europe and focusing on the development of large-scale commercial and residential projects. AFI's diversified portfolio consists of shopping malls and retail properties, business parks and office complexes, a logistics and light industry facility, large-scale residential and mixed-use developments, as well as income-yielding residential properties. These projects and properties are located in Bulgaria, Czech Republic, Germany, Hungary, Latvia, Poland, Romania and Serbia.

Retail Developer: AFI Europe

AFI Europe is a leading real estate development and investment company operating in Central and Eastern Europe and focusing on the development of large-scale commercial and residential projects. AFI's diversified portfolio consists of shopping malls and retail properties, business parks and office complexes, a logistics and light industry facility, large-scale residential and mixed-use developments, as well as income-yielding residential properties. These projects and properties are located in Bulgaria, Czech Republic, Germany, Hungary, Latvia, Poland, Romania and Serbia.

Industrial Developer: CTP Invest

CTP is the leading premium industrial parks developer and long term administrator in Romania and Central and Eastern Europe. The company is specialized in the delivery and management of custom-built, high-tech business parks for leading international and domestic companies making strategic investments in new or expanded operations in Central Europe. CTP is the owner of the CTPark Network, the largest integrated system of premium business parks in Central and Eastern Europe, with 5 million sqm of A-Class properties at more than 90 locations in eight countries.

Office Developer: AFI Europe

AFI Europe is a leading real estate development and investment company operating in Central and Eastern Europe and focusing on the development of large-scale commercial and residential projects. AFI's diversified portfolio consists of shopping malls and retail properties, business parks and office complexes, a logistics and light industry facility, large-scale residential and mixed-use developments, as well as income-yielding residential properties. These projects and properties are located in Bulgaria, Czech Republic, Germany, Hungary, Latvia, Poland, Romania and Serbia.

Refurbishment Project: Hilton Garden Inn - Apex Alliance - Romania

Hilton Garden Inn Bucharest Old Town hotel is located within the impressive heritage listed building. The hotel is situated in the historical centre of Bucharest, on Doamnei Street, surrounded by Romanian architecture and is within walking distance of the most popular sightseeing places, attractions, restaurants, and shopping. The hotel has 201 rooms and apartments, conference rooms, ball room, restaurant and bar. Hilton Garden Inn is the first hotel under this brand in Romania and is ranked as four stars.

Hotel Project: Hilton Garden Inn - Apex Alliance - Romania

Hilton Garden Inn Bucharest Old Town hotel is situated in the historical centre of Bucharest, surrounded by Romanian architecture and is within walking distance of the most popular sightseeing places, attractions, restaurants, and shopping. The hotel has 201 rooms and apartments, conference rooms, ball room, restaurant and bar. Hilton Garden Inn is the first hotel under this brand in Romania and is ranked as four stars.

Residential Project: ONE Charles de Gaulle - One United Properties - Romania

One Charles de Gaulle is already becoming a landmark of the city and probably the most exclusive place to live in Bucharest and Romania. Completed in Q3 2018, One Charles de Gaulle has 33 ultra-high-end apartments in 2 buildings located in the prestigious Primaverii neighbourhood and only few steps away from Herastrau Park. The exceptional contemporary architecture combines with an elegant interior design to offer a truly unique residential project.

Industrial Project: CTPark Bucharest West - CTP - Romania

Located near Bucharest, Romania’s capital, CTPark Bucharest West is the largest master-planned industrial park in Romania as well as central Europe. Currently, the park contains over 400,000 sqm of built-up area and is planned to reach 1 million sqm in the coming years. CTP plans to invest in improving park access by enlarging the connected highway overpass. CTP also plans for a gas station with mini-mart, on-site service centre with a cafeteria, green exercise areas as well as the introduction of the unique CTBox industrial building, which caters to small and medium sized businesses.

Retail Project: Drumul Taberelor - Ceetrus - Romania

Ceetrus' commercial shopping center Aushopping Drumul Taberei is not only a shopping center, but a place where people in the neighbourhood can meet, spending time and being together in a socially-relaxing environment. For this, the center accommodates a community hub, a place specially created for these community gatherings.

Office Project: AFI Tech Park 1 - AFI Europe - Romania

AFI TECH PARK, a 56,000 sqm of GLA Class A Business Park located in close proximity to the J.W. Marriott hotel and the Romanian Parliament. The business park will eventually comprise of two low rise office buildings and one office tower, with ample green areas in a central garden, the project being built as a high tech/campus style environment, to answer the expanding needs of IT&C companies in Romania by offering a suitable space in terms of technical specifications accompanied by required expansion options.

Future Project: AFI Park Brasov - AFI Europe - Romania

AFI Europe Romania is currently developing AFI Brasov, which includes a 45,000 sqm GLA shopping mall and two office buildings of 25,000 sqm GLA, in the secondary city of Brasov in Romania. The soon to be opened project is almost fully let and is an outstanding example of the potential for Romania's regional markets.

Professional of the Year: Eric Assimakopoulos - Revetas Capital

Eric Assimakopoulos founded Revetas in 2012 and serves as Founding Partner. He has over 30 years of experience in the real estate sector, principally as a builder, developer and investor. Mr Assimakopoulos is a US national and spent the majority of the last 20 years in Europe, initially investing in Belgium, Germany, and since 2004 exclusively in Central and Eastern Europe. Mr Assimakopoulos has completed over $2.5 billion of real estate transactions throughout US and Europe.

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