Bluehouse maintains a dedicated focus in Emerging Europe with offices in the Czech Republic, Poland, Romania, Bulgaria, Croatia, Serbia, Greece and Cyprus. This geographical commitment allows for granular, local market knowledge, off-market deals, as well as flexibility and immediate reaction.

 

Bluehouse has invested in 32 property transactions and has completed several successful exits, leveraging its strong local presence to source and execute proprietary investment opportunities, producing consistently positive returns throughout the property cycles.

The Bluehouse team includes 29 professionals covering all aspects of real estate investing. In addition to its investment capability, Bluehouse has an extensive development & project management expertise, as well as significant experience on legal, tax, finance and administration, while having established strong relationships with the premier financial institutions in the region, as well as international and local service providers. In today’s increasingly challenging investment environment, Bluehouse is uniquely positioned to identify, evaluate and execute property investments, while adding value through active, hands on asset management.
Investment Portfolio
Czech Republic Croatia Serbia Romania Bulgaria Greece Hungary Poland
Latest News
July 2016
Bluehouse completed the acquisition of one Grade A and two Grade B+ office buildings in Hungary. The portfolio consists of Margit Palace, a Grade A office building located in the city center of Buda, which was completed in 2003 with a GLA of 17,193 sqm of office space, 1,889 sqm of storage space and 229 underground parking spaces;  and Terraparks A&B, located in Budaor, which were completed in 2002, and combined have a GLA of  26,216 of office space, 3,834 sqm of storage, 70 underground parking spaces and 242 above-ground parking spaces.  Tenants include Roche, Dupont, Invitel, Emea Remote and Justice Table, to name a few.  This latest acquisition demonstrates our unique access to off-market deals as a result of our longstanding relationships in the region.  Having pre-negotiated with the bank the optimal capital structure for the buildings, we will now pursue an active management strategy to include vacancy reduction, lease extensions and refurbishment work which, when completed, will enable us to benefit from stable, recurring income, and from yield improvement as a result of their institutionalization.
July 2016
Bluehouse is nominated for  “Best Real Estate Investment Manager – Emerging Europe 2016” by CFI.co, an organization that seeks out organizations that contribute significantly to the convergence of economies and truly add value. The Awards Program aims to identify and reward excellence wherever it is found in the hopes of inspiring others to further improve their own performance. Vluehouse was nominated following voting from CFI.co readers, subscribers and contributors such as the World Bank Group and various UN organizations, EU bodies and other prominent entities.
June 2016
Bluehouse is nominated for “Investor of the Year” at the 6th Annual EuropaProperty CEE Investment & Green Building Awards Gala, which will be held in Warsaw, October 27th, 2016 at the Intercontinental Hotel.