Canadian commercial real estate advisor Avison Young has announced two new strategic affiliations in Central and Eastern Europe (CEE) with the addition of a newly established venture in the Czech Republic and Slavtchev Consulting in Bulgaria.

Bulgaria

Bulgaria

Both will operate under the Avison Young. The firm already has offices in Hungary, Poland and Romania.

‘We are focused on expanding where our clients need us to be and where top talent exists. We’re particularly excited about the CEE region where investment opportunities are plentiful and great tech minds are thriving,’ said Mark Rose, Chair and CEO of Avison Young .

In the Czech Republic, Avison Young has brought together a group of real estate professionals to establish the brand locally as a market-leading advisory platform beginning April 1. The team will be led by principal and managing director of Avison Young in the Czech Republic, Ryan Wray, a capital markets and valuation specialist.
Wray will work in close coordination with David Canta, principal and managing director of Avison Young in Romania, and a team of highly experienced senior real estate professionals in the Czech Republic with extensive experience in the Czech and Slovak markets. The team will advise occupiers and landlords in areas including capital markets & investment brokerage; valuation advisory services; office, retail and industrial leasing, property management; and research & consulting services.

‘With its focus on PropTech, cross-border collaboration and data-driven decision making, I’m excited to be part of Avison Young at this critical stage of growth in Central Eastern Europe and globally,’ said Wray.

Established in 2012, Slavtchev Consulting, founded by Anton Slavtchev, is one of the leading names in brokerage, advisory and office building management in Bulgaria. In addition, it provides landlord and tenant representation services, marketing advisory services and market research.

The affiliations build on the recent strategic affiliation with real estate advisory and asset management group Limehouse, which now operates its advisory services in Hungary as Avison Young. This strengthens the firm’s presence in CEE and grows its service platform across Europe, which also includes operations in the UK, Ireland, Germany, Poland, Romania and Israel.