News
Help for Ukrainian families
In response to the Ukrainian crisis, we decided to help the fleeing Ukrainian families and provide them with accommodation including meals and follow-up services in the form of Czech language courses and other social assistance. In addition to our own bed capacity within the Prague Residences portfolio company, we also used external accommodation rentals in vacant Prague hotels. In this way, we provided a roof over the heads of dozens of fleeing families. In total, BHM allocated approximately CZK 40 million to help people in need.
Sale of Immofinanz AG to CPI
We built a significant position in the Austrian real estate company Immofinanz AG with assets of EUR 3.4 billion and became the third-largest shareholder. The position was successfully exited in April 2021 to the family of Radovan Vítek.
Sale of wind plant portfolio to BlackRock
Green Horizon Renewables sold its Finnish wind plant portfolio of 220 MW to BlackRock investment fund, one of the largest energy investors in the world. Additionally, Winda Energy is developing another 4 wind plants for BlackRock.