A 15,538 square metre low-rise office building in the North Buda district of Budapest, construction of which was recently completed and which is being let to a combination of international corporates and local businesses. Acquired by RV Real Estate Investment Fund, owned by BXR shareholders and managed by Hungarian fund manager Hermes.
Property development partnerships – Canada
A joint investment programme with Canadian developer Bluenose, investing in condominium developments in Toronto with Freed Developments.
BXR shareholders co-acquired Phoenix Tower, a 34-storey Grade A office tower in Parkway Plaza, Houston as part of a consortium led by US & Canadian fund manager Group RMC.
Co-working operator
Operates co-working spaces in major cities across Europe and the USA.
Real estate funds – Europe
A pan-European real estate fund investing across multiple real estate asset classes and specialising in platforms with operating partners. Cornerstone investor in 1st and 2nd funds
A joint venture with German asset manager Palmira Capital Partners building a light industrial real estate focused investment and management company in Germany and Austria. This investment was made by Crossroads European Real Estate Fund and sold in 2018 to Europa Capital.
Owns and develops commercial properties, business parks and a land portfolio in the Czech Republic.
A residential real estate company with a portfolio of approx. 43,000 residential rental units in the Moravia-Silesia region of the Czech Republic, along with commercial space and undeveloped land. After its sale in 2015 to Round Hill Capital, it was renamed Residomo.
Budget hotels
Master franchisee for Benelux developing and operating budget hotels under the easyhotel brand.
Hotels and restaurants
Develops and operates lifestyle hotels with associated food & beverage outlets in The Netherlands, Germany, Italy and Spain under the proprietary “Sir” and “Max Brown” brands as well as third party brands.