December 2019
DHL logistics center Warsaw, Poland
Bluehouse has won the award “Investor of the Year” on the 2nd annual CEE CRE Awards Gala, held in Budapest on January 17th, 2019, organized by Europa Property. CEE CRE Awards is the commercial real estate event that is truly international with over 200 attendees. Being among the most active local regional and international competition, we took this award with great pride.
Novodvorska Plaza shopping centre, Prague – Czech Republic: Bluehouse completed the acquisition of Novodvorska Plaza shopping centre in Prague. The building offers a total of 27,500 sqm of retail, hypermarket, storage and other supportive areas comprised of (a) the retail mall with an area of 21,500 sqm including retail, office, storage and supportive areas and (b) a hypermarket with an area of 6,000 sqm anchored by Tesco. The center serves a large population extending over Prague 4 and Prague 12 with over 150,000 residents within a 10-minute public transport radius.
Marynarska Point 2, Warsaw, Poland: Bluehouse acquired an office building of nearly 14,000 sqm located in Mokotow, one of the largest and most dynamic business districts in Central Europe. The property was constructed in 2008 and is in very good condition, offering suspended ceilings, programmable and regulated air-conditioning, structural cabling, security and 24h monitoring, as well as a power generator. The asset will undergo a refurbishment of the ground floor (including the reception and patio) which now features a modern, visible reception layout as well as a lounge area. This is complemented by an outside patio which serves as a leisure component for tenants and visitors.
Margit Palace Budapest, Hungary: Margit Palace was sold to Hungarian investment fund manager Adventum Investment. The project was acquired in July 2016 and offers a total GLA of 18,500 sqm of office areas. During the holding period Bluehouse has added significant value by pursuing extensive refurbishment works and improved occupancy reaching nearly full tenancy status.
