Learn About CEE Property Development Portfolio Business Structure and Details

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The CEE Property Development Portfolio business structure is quite impressive, with a focus on creating value through a combination of development, investment, and asset management.

The portfolio spans multiple countries, including Poland, the Czech Republic, Slovakia, Hungary, Romania, Bulgaria, and Croatia.

CEE Property Development focuses on acquiring and developing properties with strong potential for growth, often in strategic locations.

These locations include city centers, logistics hubs, and other areas with high demand for commercial and residential spaces.

Company Information

Our company, CEE Property Development, has a strong presence in the region with a portfolio of 15 properties across Poland and the Czech Republic.

We have a diverse range of projects, from office buildings to residential complexes, and have invested over €1.2 billion in the CEE region.

Our team of experienced professionals has a deep understanding of the local market and works closely with clients to deliver high-quality projects that meet their needs.

Statutory Body

The statutory body of CEE Property Development Portfolio 2 a.s. has undergone several changes over the years. Ing. Zdeněk Hladík was the first member of the statutory body, taking office on October 31, 2014.

Additional reading: K Raheja Corp

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He was followed by Ing. Radmila Kuzicová, who also started her term on October 31, 2014. However, her tenure was short-lived, lasting only until April 21, 2015.

Ing. Jiří Richter, Ph.D. joined the statutory body on April 22, 2015, and remained in the position until December 31, 2017. Mgr. Michal Koranda took over on July 30, 2015, but left the position on September 30, 2017.

Another change occurred on October 1, 2017, when Mgr. Jiří Frankič joined the statutory body. He held the position until August 31, 2022. JUDr. Ing. Michal Kalhous was a member from January 1, 2018, until January 1, 2022.

The current members of the statutory body are Tomáš Kokaisl, who joined on September 1, 2022, and Miroslav Kohout, who joined on August 17, 2023.

Here is a list of all the members of the statutory body:

Business Registration

To register a business, you'll need to file the necessary paperwork with the state government, which typically involves submitting articles of incorporation or articles of organization.

Credit: youtube.com, Decoding Companies House: Your Guide to Business Registration in the UK

The cost of business registration varies by state, but it's usually around $100-$300, depending on the type of business and the state's requirements.

You'll need to choose a business name that's unique and not already in use by another company in your state.

In most states, you'll need to appoint a registered agent who will receive important documents and notices on behalf of your business.

The registered agent can be a person or a business entity, and they must have a physical address in the state where your business is located.

Business registration is usually a one-time process, but you may need to file annual reports or other documents with the state government to keep your business in good standing.

The time it takes to complete the business registration process can vary, but it's usually several weeks to a few months, depending on the state and the complexity of your application.

Business Number

A business number is a unique identifier assigned to a company by the government. It's usually a 9-digit number.

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You can use your business number to open a bank account, apply for a loan, or register for taxes. This makes it a crucial piece of information for any business owner.

In Canada, for example, the business number is also known as the GST/HST account number, which is used for tax purposes. This is because all businesses with a GST/HST account need to have a business number.

Business Details

The CEE Property Development Portfolio is a robust offering that spans across various countries in Central and Eastern Europe. It includes a diverse range of projects, from residential to commercial and industrial.

The portfolio boasts a strong presence in Poland, with a significant focus on Warsaw and other major cities. Poland is a key market due to its stable economy and growing demand for modern office spaces.

The portfolio also includes a notable project in Hungary, where a significant office development is underway in Budapest. This project is expected to set a new standard for office spaces in the city.

In total, the portfolio encompasses over 1 million square meters of developed space across multiple countries. This extensive portfolio provides a solid foundation for investors looking to tap into the region's growing real estate market.

Broaden your view: The Office Pass

Angie Ernser

Senior Writer

Angie Ernser is a seasoned writer with a deep interest in financial markets. Her expertise lies in municipal bond investments, where she provides clear and insightful analysis to help readers understand the complexities of municipal bond markets. Ernser's articles are known for their clarity and practical advice, making them a valuable resource for both novice and experienced investors.

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