Page 40 - bne magazine March 2017 issue

40 I Special report bne March 2017
Best Industrial Developer
Panattoni
This year Panattoni Europe is developing nearly 1.33mn sqm in Europe and as much as 952,000 sqm in Poland alone, where it is developing, among other projects, two distribution centres for Amazon near Szczecin and Sosnow- iec, with a total area of approximately 296,500 sqm. In the Czech Republic, it is enlarging Tchibo’s distribution centre, located in Panattoni Park Cheb, by another 30,000 sqm.
It should also start its first investment in Romania very soon. Moreover, Panattoni Europe is currently construct- ing production buildings and developing its own parks.
Since the launch of the company in 2005 it has devel- oped more than 4.3mn sqm of industrial space
and as much as 29% of all the existing warehouse resources in Poland, which puts it in first place.
Robert Dobrzycki, CEO Europe
This portfolio as well as the current construction activities, prove that, as a developer, it is able to uti- lise a wide spectrum of possibilities: from small spaces to 161,000 sqm within one building.
“This year Panattoni Europe is developing nearly 1.33mn sqm in Europe and as much as 952,000 sqm in Poland alone”
Best Financial Services
Erste Group Commercial Real Estate
Erste Group Commercial Real Estate (EGCRE) is the spe- cialist real estate division of the Austrian-based bank, one of the largest lenders in Emerging Europe. The bank wins bne IntelliNews’ award for Best Financial Services in 2016.
EGCRE specializes in real estate financing and project development in Central, Eastern and South-Eastern Europe, offering a wide variety of financing solutions for projects. Between 2011 and 2016, Erste Group signed new real estate financing deals worth €8bn and has a total financing portfolio of real estate projects of €11bn.
The bank offers “one-stop-shop” solutions for the whole real estate vertical chain and is present in virtually all the markets of the region. Clients can access the bank’s ability to arrange senior and junior lending, operating and finance leases, sale and lease back transactions,
as well as tap investment funds, business participa- tions, direct investments and subordinated debt to fund developments or capitalise on an existing portfolio.
Amongst the deals Erste Group Immorent worked on in 2016 was the sale of the landmark Enterprise Office Centre in Prague to a group consisting of RSJ Investments and the co-founders of the Czech secu- rity software company Avast, Eduard Kucera and
www.bne.eu
Richard Wilkinson, Head of Erste Group Commercial Real Estate
Pavel Baudis. The CZK3bn (€110mn) sale of the 29,000 sqm office facility was one of the biggest real estate deals of the year in the Czech Republic.
In one of the biggest financing transactions in Hun- gary in recent years, Erste Group Bank partnered with Deutsche Pfandbriefbank to underwrite a €126mn senior facility for a consortium led by Morgan Stanley Real Estate Investing in 2016 that holds an impres- sive array of Class A properties in Budapest.
Erste Group also provided Logicor with a five- year facility to acquire a 265,000 sqm portfolio of 12 logistic assets in CEE located in Hungary (5), Romania (4), Poland (2) and Slovakia (1).
“The bank offers 'one-stop-shop' solutions for the whole real estate vertical chain and is present in virtually all the markets of the region”