BCRE USA (a subsidiary of BCRE N.V. which carries out BCRE Group’s real estate activities since 2004) is a highly experienced owner, developer and manager of real estate, acting as the controlling and managing partner in the assets with which it is involved. The company benefits from its ongoing relationships and partnerships with both institutional capital sources and local investors. BCRE USA’s operations consist of residential, hotel, and office development, management of multi-family assets and construction. BCRE Group’s experience in the USA includes 25 projects with total value in excess of $3 billion; over 7 million sq.ft. in Manhattan.
The Brack Capital Group started investing in income producing properties in Germany in 2005, having identified the German real estate market as an attractive market for investment.
Up to June 2017, when BCRE N.V. sold its entire holding in BCP and maintained only a minority stake in the Grafental project, the German portfolio, which BCP owned and self-managed, comprised approx. 1 million sqm of residential and commercial income producing properties.
BCRE Russia was established in 2006 and expanded its presence significantly during the past 12 years by developing real estate projects in the Moscow region, i.e. class A logistic center, shopping centers, exclusive residential properties etc. Most of the projects were initially undertaken in a partnership with reputable international funds. BCRE Russia, together with its partner, in 2012 entered into the development of a modern retail, wholesale and logistic complex on a land plot of app. 70 hectares adjacent to Kazan, Tatarstan Republic, the sixth biggest city in Russia.
The BCRE Group entered the UK market in 1998 with an investment in London and expanded its presence significantly in 2002 through acquisition of Haslemere N.V., a large commercial property portfolio comprising 130 assets across the UK within the office, retail and industrial segments. A consortium assembled and successfully led by BCRE acquired Haslemere N.V., a Euronext listed Dutch company for an equity consideration of approximately €1.2 billion. After successful exit from the Haslemere portfolio by 2004, BCRE re-entered the UK market in 2013 through BCRE UK, a subsidiary of BCRE N.V., to undertake new opportunities.
BCRE India, a subsidiary of BCRE N.V., was set-up in 2005 and was one of the first few international real estate players to establish a local team in the country post liberalization of foreign investment regulations. Being a fully integrated organization, BCRE India comprises of professionals and experts from diverse backgrounds, with years of experience in investments, construction and development related matters. The India portfolio comprises mainly construction and development of a large golf based residential township in North India.