JLL has been recently named “Investment Agency of the Year 2014” by EuropaProperty at the 10th SEE Real Estate Awards ceremony in Bucharest. The distinction has now been awarded to JLL for 3 years in a row (2012-2014), in recognition to the Capital Markets team’s dominance across SEE. The event brought together top investors, developers and market professionals in the real estate industry.
In Romania, JLL has been the exclusive sale advisor on every major transaction where an advisor has been appointed since 2006, namely the sale of America House, S Park, CBC Timisoara, The Lakeview, and recently the sale of Promenada Mall shopping centre and Europolis Parks industrial portfolio, as buy-side advisor.
Andrew Peirson, Managing Director for SEE & Romania, added: “We are thrilled that for a 3rd consecutive year our clients and peers have recognised JLL’s importance and expertise in real estate investment across SEE. As well as the high profile sales in Romania, we have also concluded deals recently in Bulgaria and Slovenia, and our clients are increasingly seeing JLL as the premier advisor that can cover their interests across the whole SEE region.”
“All economic figures point to a healthy future for the region and positive trends predicted for the real estate market. As with the economy we are also looking to grow. We already have full service offices in Bucharest and Belgrade, and in line with the improving market conditions we will look to expand our operations in the next 12 months. As emerging markets continue to open up, will look to use the best practice examples in Romania to expand upon our operations within the SEE region, namely the markets in Bulgaria, Serbia, Croatia and Slovenia”, he added.
Pan-European real estate investment manager Europa Capital, in partnership with commercial real estate investor and developer ConvergenCE, acquired the Akadémia Business Center in Budapest. The acquisition has been completed...