About us

2.4

Million m2
under
management

About WHITE STAR REAL ESTATE

White Star Real Estate is focused on providing quality, value for money real estate solutions for our development clients and management investors. From sourcing and developing real estate opportunities to implementing asset and property management solutions, we are a uniquely integrated real estate firm serving Central and Eastern Europe.

50+

Development
projects
since 1997

White Star has built over 50 projects since 1997.
Our portfolio includes:

  • landmark office buildings
  • warehouses, logistics parks, build-to-suit (BTS) manufacturing facilities and other industrial projects
  • retail, leisure, and mixed-use concepts
  • residential/master-planned developments

Our asset and property management team currently handles over 2.4 million m2 of commercial properties for our clients.

At a glance

5

Local offices
Across cee

20

Years of development
and management
experience

50

Completed
development
projects

2.3

Million m2
Developed

2.4

Million m2 under
management

Our Philosophy

unsurpassed valueQuality    Design    Service

White Star Real Estate strives to be unsurpassed in adding value to our tenants, clients and investors – by developing and operating real estate properties that are renowned for their enduring quality of design combined with outstanding customer service.

  • Quality prevails.

    By a focus on quality, we will develop and operate real estate that will stand the test of time and deliver enduring value.

  • Teamwork is our foundation.

    By utilizing the in-depth knowledge of our seasoned experts, and the innovation and energy of our young talent, we aim to create an environment that stimulates the professional growth of our employees and success of our company.

  • Services start and end with people.

    Real estate is a service business. Proactive, persistent, intelligent, honest and friendly face-to-face attention is required. Remote administration is no substitute for personal cooperation and communication.

  • Tenants are our customers.

    Tenants drive the ultimate demand for real estate property and define the standards for our services.

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  • Treat each property as our own.

    As owners of real estate ourselves, we share the perspective of our clients and investors. We focus on an asset’s potential and take the steps needed to grow its future value. From this viewpoint, we provide advice and make decisions to maximize returns while attentively managing risks.

  • Everything starts with a plan.

    Goals are best achieved when they are thoughtfully considered and well documented. Our experts prepare comprehensive business plans for each development and property, and these guide our actions to ensure our performance.

  • Always a step ahead.

    By focusing on the long term, our team strives to anticipate our client’s questions and prepare solutions before they are asked. We aim to advise our tenants, clients and investors of issues before they develop into challenges.

  • Prevention is better than a cure.

    For developments, we put an emphasis on the quality of build and design. For existing properties, we implement intensive warranty management and preventative maintenance programs. In all cases, using our in-house technical expertize, we take smart technical steps today that minimize problems and expenses in the future.

  • Don’t stop at being satisfied.

    Mere client satisfaction is not enough; we set our goals higher, and aim to exceed the expectations of our tenants, clients and investors.

Local
offices

White Star Real Estate has a unique combination of local expertise and internationally trained regional managers. Our teams ensure consistent and quality care across all properties and we work with owners and investors in all major Central and Eastern European markets.

Poland

Our offices are located in our Elektrownia Powiśle development (Zajęcza 2B), in the heart of Warsaw. Operating since 1997, our team has completed 468,000 m2 of developments, and have 46,000 m2 under construction as of 2018. Our property management team in Poland is overseeing the operations of over 1.2 million m2, with 600 leases, in 62 buildings, within 42 properties.

Czech Republic & Slovakia

Our Prague office is located in The Park, the first of our campus style office park developments. White Star has been in the Czech Republic since 1997 and in Slovakia since 1999, where our team has developed over 300,000 m2 of class A office, industrial and retail projects, with an additional 30,000 m2 under construction in 2018. Currently the Czech office is managing over 260,000 m2, with 170 tenants, in 20 buildings within 14 properties.

Hungary

Our Budapest office is located in our IP West development in South Buda. We have been present in Hungary since 1998, and in that time we have developed 300,000 m2 of class A office, industrial and retail properties. The Hungarian office currently manages over 500,000 m2, with 300 tenants, in 35 buildings within 24 properties.

Romania

We are present in Romania since 2006, and our office is located in the new business district in northern Bucharest. Our team developed Lakeview, a 25,000 m2 class A office building. Currently our team manages over 180,000 m2 of office and logistic properties, with 50 tenants.

Russia

We operate out of our Moscow office where we have developed over 140,000 m2 of class A office properties. Our Russian office has extensive office and industrial management experience.

Meet our executives:

People are our most important assets

Brian
Patterson

Brian Patterson

Founder

Brian Patterson
Founder
We believe in quality through the entire value creation process – quality of design, quality of specifications, quality of leasing income and quality of management and customer service. While there may be meaningful additional cost, quality can maximize value for investors who agree with this philosophy and quality protects the downside in suboptimal markets.

Brian helped found White Star Real Estate in 1997, later serving as Managing Partner of White Star Real Estate Russia, White Star Real Estate Polska, and White Star Real Estate Europe. Brian came to Poland from his native United States in 1992. Prior to helping found White Star Real Estate, he led the development of two of Poland’s first modern commercial projects following its transition to a free-market economy — the Warsaw Distribution Center and the Diamond Business Park.

During this time, Brian’s entrepreneurial activities reached beyond the development field: he co-founded Archive Management Solutions with business partner Tom Keller, which was later sold to the world leader of the records management industry, Iron Mountain. To this day, Brian and Tom are still partners with Iron Mountain in Russia, Ukraine, and Denmark.

Since White Star Real Estate’s founding, Brian has helped the company amass a diverse development portfolio of over 50 properties and 2.5 million m2, and a property management portfolio exceeding 60 properties and 1.6 million m2. In recognition of his contribution to the real estate development field, Brian was presented a Lifetime Achievement Award at the 2013 Central & Eastern European Quality Awards in Warsaw, Poland. Brian is a graduate of Stanford Business School in California (USA).

Peter
Huntley

Peter Huntley

Chief Executive Officer

Peter Huntley
Chief Executive Officer
We specialize in all phases of property development, asset management, leasing and property management, which allows us to continue to deliver outstanding results to our industry partners.

Peter joined White Star Real Estate (“WSRE”) as Chief Executive in 2015 on the management buy-out of the business from AIG/Lincoln, having been based in London since 1989, working for a number of publically listed companies, including at CEO and Board levels.

Previous to joining WSRE, Peter was a member of the Executive management team at Acelity, a $2bn revenue healthcare company. As President, Emerging Markets, his responsibilities covered the Asian, Middle East, African and Central and South American markets. From 2008 to 2012, he was CEO of Corin Group plc, a London Stock Exchange listed Orthopedic Implants company. Peter previously spent nine years as a member of the Executive Committee of Smith & Nephew plc, a London listed healthcare company, with responsibility for Global Strategy and M&A and latterly International Sales. Prior to that, he was Business Development Director and a Board Member of Matthew Clark plc, a London listed Alcoholic Drinks company, building sales from $40m to $1bn through an acquisition program.

Peter previously worked with Brian Patterson in operating the Iron Mountain EES business in Russia, Ukraine and Denmark from 2013 to 2014, including leading the successful disposal of the business.

Peter graduated from Stanford Business School in 1989, as an Arjay Miller scholar (top 10% of class). He previously qualified as a Chartered Accountant in 1985.

Steven
Tichy

Steven Tichy

Partner, Asset and Property Management Director

Steven Tichy
Partner, Asset and Property Management Director
Experience is fundamental in forming solid management strategies ... but it is our dedication to the simple principles of honesty, and taking ownership of decisions, that are the key of delivering our clients with value growth while minimizing risks.

Steve has been with White Star Real Estate since 1999 and has over 2 decades of professional experience in the fields of real estate, finance, accounting, and information systems. Throughout his career with White Star Real Estate he has played a key role in managing the process of concluding major real estate transactions (sales and purchases), and driving the continued growth and development of the company’s property management activities.

Prior to joining White Star Real Estate in 1999, he worked for over six years in the public accounting sector with experience ranging from audit, due diligence, and tax advisory services, to implementation of accounting IT systems.

Steve holds a BA degree from the University of Nebraska – Lincoln, plus an MBA degree from the University of Pittsburgh (USA).

Neil
Veitch

Neil Veitch

Partner, Development and Construction Director

Neil Veitch
Partner, Development and Construction Director
Our experience in the construction management of tenant fit-out works and the seamless integration of this service with our property management service has proven to be of huge value to our clients.

Neil has more than 25 years of experience in the real estate and construction industries and has frequently led projects simultaneously in multiple countries. Having lived and worked in seven different countries, and managed projects in places as far reaching as Moscow, Mumbai, Bucharest, Odessa, Warsaw, Berlin, and Bangalore, Neil has the experience to navigate diverse cultures and management approaches.

He has directly managed or been involved with the development of more than 80 major development projects and hundreds of small-phase projects, helping him develop an unsurpassed expertise in contract negotiation, value engineering, and budget and quality control.

In addition to his nearly 15 years with White Star Real Estate, Neil has worked in several renowned firms, including Goldman Sachs. Neil holds a BSc in Quantity Surveying from Napier University Edinburgh (UK) and is a Member of the Royal Institution of Chartered Surveyors.

Emilian
Bălan

Emilian Bălan

Managing Director Romania

Emilian Bălan
Managing Director Romania
My focus is the quality of our services and the goal of always doing more than is expected, which can only be achieved by acting with due care, competence, professional behavior, transparency, and effectiveness.

Emilian manages the corporate-level activities for White Star Real Estate Romania, which includes finance and accounting, administrative, controlling, tax and legal compliance, and business operation activities. Prior to joining White Star Real Estate in 2008, Emilian worked for 15 years in the financial, reporting, and consulting sectors.

He held positions with international companies such as Ernst & Young, PricewaterhouseCoopers, JTI, and OMV. He is familiar with the construction, tobacco, oil exploration, processing and distribution industries. Emilian has developed significant exposure to the international business community through his membership in the Association of Chartered Certified Accountants (UK).

Emilian’s educational credentials include a BA and an MSc in Finance and Accounting from the Academy of Economic Studies in Bucharest.

János
Gárdai

János Gárdai

Managing Director, Hungary

János Gárdai
Managing Director, Hungary
I like surrounding myself with people I can look up to because this is the only way to improve ourselves. I feel lucky to work in a team where the key words are knowledge, proactivity and humanity.

János has been participating in White Star Real Estate’s activity since 1999. Initially, János contributed to the success of the company as a Financial Director by managing accountant and service provider activities and actively participating in sales procedures and negotiations. Additionally, as Development Director János was responsible for one of the most important ongoing office projects in Budapest (IP West) and two logistic parks (M1 Business Park and Airport Business Park).

Prior to joining White Star Real Estate, János acted as Financial Controller for a private manufacturing company. János is a graduate of the College of Finance and Accounting in Budapest and of Heriot-Watt University and College of Finance and Accounting. János speaks fluent English and conversational Italian.

Bartosz
Szewczyk

Bartosz Szewczyk

Country Partner, Russia & Poland

Bartosz Szewczyk
Country Partner, Russia & Poland
White Star Real Estate team is one of the most experienced on the market in Eastern Europe. We create the highest quality and unique projects in all sectors of real estate development, which are known for their long term value

Bartosz has been working in real estate development across Eastern Europe and in Russia since 1998, when he joined AIG/Lincoln Polska and ran the logistics division. He has also been involved in the office and retail development of AIG/Lincoln's Polish projects. Subsequently, Bartosz moved to Russia, where he served as a country partner and co-head of Russian operations responsible for the company’s development, leasing and asset management efforts.

AIG/Lincoln completed two landmark office projects in downtown Moscow totaling c. 140,000 sqm of office and 10,000 sqm of retail space. Mr. Szewczyk obtained an M.S. in Economic from the Warsaw School of Economics University in 1996.

Social responsibility

Foundations

The mission of the White Star Foundation is to be a leader in social entrepreneurism, with an emphasis on levelling the playing field for disadvantaged children in Poland.

White Star Foundation achieves its mission by turning proven or innovative ideas into projects that implement scalable solutions to specific challenges that children face in today’s complicated world.

White Star Foundation has been supporting not-for-profit initiatives since 2007. To date, four of these initiatives have been successfully established as independent, not-for-profit foundations operating in Poland. They are all members of the White Star Foundation Group which includes Big Brothers Big Sisters of Poland, Family for Family, Katalyst Education, and Katalyst Engineering.

Educate

White Star Real Estate Czech Republic supports a non-profit organization called „I MY“ in Soběslav (Southern Bohemia) which cares for mentally and physically disabled children and their families

Compliance

White Star Real Estate LLC, along with all of its subsidiaries and affiliates, is committed to conducting its activities in accordance with best business practices, to build a successful and sustainable business that is a valued member of the communities and business groups in which it operates.

White Star Real Estate operates in accordance with all anti-corruption laws and regulations in the jurisdictions in which it has activities or operations, and industry best practices. White Star Real estate is also committed to conducting its business activities in compliance with the principles set out in the US Foreign Corrupt Practices Act (“FCPA”), US anti-terrorism and economic sanction laws and the UK Bribery Act (“UKBA”).

White Star Real Estate is committed to the privacy and confidentiality of information provided by the users of its web site. The White Star Real Estate Privacy Policy, which can be read by clicking this link here, describes our policies and practices with regard to the collection and processing of personal data on our website.