EuropaProperty awards CTP and Ana Dumitrache at the 15th annual SEE Real Estate Awards
Recognizing the importance of Southeastern Europe’s property markets EuropaProperty hosted the "digitally enhanced" 15th annual EuropaProperty SEE Real Estate Awards Gala.
Before the current crisis hit, the SEE region was establishing itself as a maturing destination which provides development possibilities and is a lucrative alternative to Central Europe, where some of the markets are seen as saturated. From an investment perspective, SEE provides a significant yield premium on Central Europe.
The 2019 winners reflected this trend. Last year was one of the best in terms of real estate investment ever. This was highlighted by the winners of the Investment Deal of the Year award, where Morgan Stanley and David Hay acquired America House in Bucharest from AEW Europe for around EUR 90 million.
Many industry leaders and associated companies from the real estate industry were awarded on the night. CTP was awarded Industrial Developer and also picked up Professional Woman of the Year for their Country Head of Romania, Ana Dumitrache.