HB Reavis

HB Reavis
Private
Industry Real Estate
Founded Bratislava, Slovakia (1993 (1993))
Headquarters Bratislava, Slovakia
Areas served
United Kingdom, Poland, the Czech Republic, Slovakia, Hungary
Key people
Pavel Trenka, Group CEO
Products Retail and office property development
Number of employees
500
Website hbreavis.com/en/

HB Reavis is an international real estate developer founded in 1993 in Bratislava. HB Reavis is a fully integrated developer that supports investment, design, construction and management of the resulting asset.[1]

HB Reavis reported a 175% increase in consolidated net profit to €245m in the year ended 31 December 2015.[2] Owner Ivan Chrenko, is the richest resident of Slovakia according to regional Forbes.[3]

In 2016, HB Reavis was listed third in the PropertyEU list of Top Office Developers based on projects completed between 2013 and 2015.[4]

Recent Developments

HB Reavis completed its first divestment of a Polish asset with the sale of Konstruktorska Business Center to Gold Star Estate in 2013.[5][6] And in 2015, HB Reavis obtained permission to build a 310-metre tower in Warsaw, Poland.[7][8]

In 2014, the developer completed construction on Váci Corner Offices, its first development in Hungary. The sale was completed in March 2016.[9]

A deal with Wells Fargo fell through on 33 Central in London in 2016. Wall Street Journal commented that as HB Reavis maintains assets in Central Europe they have not been greatly affected by Brexit instability.[10][11]

Gallery

Awards

References

  1. globalvanet.com. "Greenberg Traurig advises HB Reavis Group in Warsaw sale". Europaproperty.com. Retrieved 2016-10-06.
  2. "HB REAVIS announces strongest performance ever in 2015". www.encompassme.com. Retrieved 2016-11-20.
  3. "Babiš remains richest man of Slovak origin". The Slovak Spectator. 8 November 2016. Retrieved 29 November 2016.
  4. "Top Developers". Property EU (7): 37. 2016.
  5. North, Nathan. "EurobuildCEE - HB Reavis sells Konstruktorska". english.eurobuildcee.com. Retrieved 2016-10-03.
  6. "HB Reavis offloads £255m of Warsaw office assets". Property Week. Retrieved 2016-11-29.
  7. Szpyt, Tomasz. "EurobuildCEE - Warsaw's tallest tower given green light". english.eurobuildcee.com. Retrieved 2016-10-03.
  8. "HB Reavis celebrates topping out of 33 Central". www.property-magazine.eu. Retrieved 2016-10-03.
  9. ": HB Reavis and Zeus Capital Management complete the first major office transaction in Hungary in 2016 // Property Xpress". www.propertyxpress.com. Retrieved 2016-10-06.
  10. Patnaude, Art (2016-09-06). "Wells Fargo's Discount U.K. Deal Is the New Normal". The Wall Street Journal. ISSN 0099-9660. Retrieved 2016-10-03.
  11. Wilson, Robyn (14 November 2016). "Developer poaches Vinci director for in-house construction drive". Construction News. Retrieved 2016-11-29.
  12. "UK 2015". propertyawards.net. Retrieved 2016-10-03.
  13. "2015 Winners | CEEQA : Central & Eastern European Real Estate Quality Awards". 2015-11-04. Retrieved 2016-10-03.

External links

This article is issued from Wikipedia - version of the 11/30/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.