Arcona Capital shortlisted for the EuropaProperty CEE Retail Real Estate Awards
Arcona chosen as a semi-finalist for the “Investor of the Year” award
Prague, 23rd January 2017: Arcona Capital, a leading independent manager of property funds in the markets of Central Europe, has been shortlisted for the “Investor of the Year” category in EuropaProperty’s 9th annual CEE Retail Real Estate Awards.
Arcona Capital was chosen as a semi-finalist by an independent jury of judges in a field of over 400 nominated companies and projects in EuropaProperty’s overall “Company of the Year” awards, for its achievement in doubling the size of its business in 2016 through the acquisition of 11 shopping centres in Poland and 11 hypermarkets in the Czech Republic worth a total of €130mn.
According to EuropaProperty, semi-finalists “are judged on their overall market contribution, quality of customer services, market innovation, commercial success, leadership and market penetration”. The winners will be announced at a gala dinner in Warsaw at the InterContinental Hotel on 26 January, 2017.
“This is a real honour for Arcona Capital and is recognition of all the hard work that the whole team has put in to doubling the size of our business over the past year,” says Guy Barker, Principal of Arcona Capital. “It is a privilege for Arcona to be bracketed with such illustrious names in the ‘Investor of the Year’ category, and we look forward to joining everyone at the award ceremony later this month.”
In respect of the Polish acquisition, Arcona has already completed on eight of the shopping centres and will complete on the other three centres by the end of the first quarter 2017.