Rockspring Property Investment Managers LLP announces that it has been appointed
to provide asset management consultancy for a portfolio in Hungary, comprising
principally retail assets, on behalf of Anglo Irish Bank (AIB).
Building on past asset management successes in Central Europe, and based on its proven track record in the region going back 10 years, Rockspring has been chosen by AIB to asset manage and provide strategic advice on a portfolio of 24 units of total area of over 100,000 m² located throughout Hungary and comprising 22 retail warehouse units
(91,000 m²) an industrial unit (4,600 m²) and an office building (9,000 m²).
Simon Clarke, Rockspring's European Director in Budapest, who will be supervising the asset management of the portfolio, said: "This is the first time Rockspring has been appointed to solely manage a portfolio for a lending bank. Our experience in the region and expertise on the ground helped us to secure this asset management opportunity and we look forward to working actively on the portfolio as we continue to build on our existing credentials in Central Europe and source similar asset management opportunities in the region."
Source: Rockspring Property Investment Managers LLP