Building 15

West Long Branch, NJ, United States

Building 15

West Long Branch, NJ, United States
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Arco Real Property Holdings, a joint venture between Arco Capital and Deutsche Asset Management's DB Private Equity & Private Markets group, has a new financing and construction facility for BPS. OTP Bank PLC, its Bulgarian subsidiary DSK Bank EAD, and Postbank (legally named Eurobank Bulgaria AD) provided a new senior and construction facility to Business Park Sofia (BPS), the largest office park in Central and Eastern Europe, to refinance the business park at a lower cost of funds and longer loan tenure, reaching now a total volume of € 133 million. The transaction closed on 2 August 2017. The new joint facility is being provided by three banks, OTP Bank PLC and DSK Bank EAD acted as lead arrangers, syndication agents and underwriters. OTP Bank PLC is acting as facility agent and DSK Bank EAD is the security agent and account bank for this transaction. The Business Park Sofia office complex consists of fourteen Class A modern buildings, located in the prime location for business in Sofia. The total built-up area will exceed 210, 000 sqm upon completion of the new development and is fully leased to more than 150 international tenants and accommodating more than 11,000 employees. The business park comprises more than fifty percent of currently leased Class A office space in Sofia's central business district. BPS is the most prestigious office center in Sofia and in the Central and Eastern Europe region. It offers a unique architectural design and high technical specification of the buildings. The construction of a new Class "A" building, which shall be known as Building 15, is underway and being directed by leading German construction management company Lindner Immobilien Management. The construction is expected to be completed at the end of 2018. Building 15 shall offer a total of 20,000 sqm of leasable space, with five levels designed for office use, retail units on the ground floor, and two underground parking levels with a total of 255 parking spaces. The building has already been substantially let to major international tenants. As of today, Building 15 has been 90 percent pre-let. "Business Park Sofia is the most iconic office park in the Sofia CBD, which is one of the most dynamic markets in the Central and Eastern Europe region," said Boyan Stefov, Board Member and Head of Corporate Banking, DSK Bank EAD. "When you look at the most desirable office address in the capital, the business park is always amongst a very elite peer set, and that is always led by Business Park Sofia." according to Stefov. "This transaction is a rare combination of an exceptional real estate, an outstanding market, and a top tier institutional ownership. We, and our lending syndicate, felt extremely comfortable in leading the path in structuring a new CEE benchmark transaction that provides our new client with a very competitive cost of funds and ten-year maturity in order for them to fully develop their business plan. DSK Bank always try to be at the forefront of lending trends and marquee transactions," added Stefov. "The new financing structure provides extremely attractive term financing for our balance sheet assets and Business Park Sofia. This important transaction gives us greater flexibility and significant strength as we build on our existing operations as the leading regional business park," said Borislav Hristov, Chief Financial Officer at Arco Real Estate Management. Hristov added: "Our financing agreement with the new bank consortium further affirms our vision for the transformation of Business Park Sofia being a 'metrohub' in the Sofia CBD. With approximately 99 percent of the office park already under lease agreements, it's clear that there is immense enthusiasm in the market for this type and quality of asset. This is another benchmark transaction for Arco, one that highlights the value of our extensive direct origination capabilities as well as our strong operating culture." Business Park Sofia (http://www.businesspark-sofia.com) is the largest office park in Central and Eastern Europe and was the first business park in Bulgaria. The facility accommodates some of the most successful businesses in diverse industries. The park is designed to provide efficiency, flexibility and convenience to corporate tenants of any size and scope. It is a genuine multifunctional high-tech business park, which combines essential business components and related sectors in a vibrant and sustainable community. DSK Bank is the oldest bank in Bulgaria and the market leader in retail and private banking, with an established presence in the Corporate and SME segment. Since 2003 it has been part of OTP Group, headquartered in Hungary. Servicing some three million customers, DSK Bank practically reaches every Bulgarian family. Disposing of the largest branch network in Bulgaria, the bank has an incomparable service-provision infrastructure, it is well acquainted with the local potential and offers high level of servicing through individual approach and full range of bank products and services, which are tailor made to the needs of all customer segments. OTP Bank Group is one of the largest independent financial services providers in Central and Eastern Europe with full range of banking services for private individuals and corporate clients. OTP Group comprise large subsidiaries, granting services in the field of insurance, real estate, factoring, leasing and asset management, investment and pension funds. The bank is serving clients in 9 countries, namely Hungary, Slovakia, Bulgaria, Serbia, Romania, Croatia, Ukraine, Montenegro and Russia. Nowadays OTP Groups' more than 36,000 employees are serving 13 million clients in over 1,500 branches and through electronic channels on all the markets of the bank. OTP is still the largest commercial bank in Hungary with over 25% market share. Postbank is the fifth biggest bank in Bulgaria in terms of assets, having a broad branch network across the country and a considerable client base of individuals, companies and institutions. Postbank has more than 25-years' presence as one of the leaders in Bulgaria's banking sector. The bank is a decisive factor in innovation, in shaping the country's banking trends in recent years and award-winning for its innovation. Postbank occupies a strategic position in retail and wholesale banking in Bulgaria. It is one of the market leaders in credit and debit cards, mortgage and consumer loans, saving products, as well as regarding corporate tailored products - from those for small businesses to large international companies operating in the country. The bank has built one of the most developed branch networks and modern alternative banking channels. In March 2016 Postbank acquired the business of Alpha Bank Bulgaria which is another step forward for consolidating its position as a systemic bank and in expanding its customer base. Postbank is a member of Eurobank Group. Eurobank is a dynamic banking group active in seven countries, with total assets of €65.7 billion and 15,929 employees.


Arco Real Property Holdings, a joint venture between Arco Capital and Deutsche Asset Management's DB Private Equity & Private Markets group, has a new financing and construction facility for BPS. OTP Bank PLC, its Bulgarian subsidiary DSK Bank EAD, and Postbank (legally named Eurobank Bulgaria AD) provided a new senior and construction facility to Business Park Sofia (BPS), the largest office park in Central and Eastern Europe, to refinance the business park at a lower cost of funds and longer loan tenure, reaching now a total volume of € 133 million. The transaction closed on 2 August 2017. The new joint facility is being provided by three banks, OTP Bank PLC and DSK Bank EAD acted as lead arrangers, syndication agents and underwriters. OTP Bank PLC is acting as facility agent and DSK Bank EAD is the security agent and account bank for this transaction. The Business Park Sofia office complex consists of fourteen Class A modern buildings, located in the prime location for business in Sofia. The total built-up area will exceed 210, 000 sqm upon completion of the new development and is fully leased to more than 150 international tenants and accommodating more than 11,000 employees. The business park comprises more than fifty percent of currently leased Class A office space in Sofia's central business district. BPS is the most prestigious office center in Sofia and in the Central and Eastern Europe region. It offers a unique architectural design and high technical specification of the buildings. The construction of a new Class "A" building, which shall be known as Building 15, is underway and being directed by leading German construction management company Lindner Immobilien Management. The construction is expected to be completed at the end of 2018. Building 15 shall offer a total of 20,000 sqm of leasable space, with five levels designed for office use, retail units on the ground floor, and two underground parking levels with a total of 255 parking spaces. The building has already been substantially let to major international tenants. As of today, Building 15 has been 90 percent pre-let. "Business Park Sofia is the most iconic office park in the Sofia CBD, which is one of the most dynamic markets in the Central and Eastern Europe region," said Boyan Stefov, Board Member and Head of Corporate Banking, DSK Bank EAD. "When you look at the most desirable office address in the capital, the business park is always amongst a very elite peer set, and that is always led by Business Park Sofia." according to Stefov. "This transaction is a rare combination of an exceptional real estate, an outstanding market, and a top tier institutional ownership. We, and our lending syndicate, felt extremely comfortable in leading the path in structuring a new CEE benchmark transaction that provides our new client with a very competitive cost of funds and ten-year maturity in order for them to fully develop their business plan. DSK Bank always try to be at the forefront of lending trends and marquee transactions," added Stefov. "The new financing structure provides extremely attractive term financing for our balance sheet assets and Business Park Sofia. This important transaction gives us greater flexibility and significant strength as we build on our existing operations as the leading regional business park," said Borislav Hristov, Chief Financial Officer at Arco Real Estate Management. Hristov added: "Our financing agreement with the new bank consortium further affirms our vision for the transformation of Business Park Sofia being a 'metrohub' in the Sofia CBD. With approximately 99 percent of the office park already under lease agreements, it's clear that there is immense enthusiasm in the market for this type and quality of asset. This is another benchmark transaction for Arco, one that highlights the value of our extensive direct origination capabilities as well as our strong operating culture." Business Park Sofia (http://www.businesspark-sofia.com) is the largest office park in Central and Eastern Europe and was the first business park in Bulgaria. The facility accommodates some of the most successful businesses in diverse industries. The park is designed to provide efficiency, flexibility and convenience to corporate tenants of any size and scope. It is a genuine multifunctional high-tech business park, which combines essential business components and related sectors in a vibrant and sustainable community. DSK Bank is the oldest bank in Bulgaria and the market leader in retail and private banking, with an established presence in the Corporate and SME segment. Since 2003 it has been part of OTP Group, headquartered in Hungary. Servicing some three million customers, DSK Bank practically reaches every Bulgarian family. Disposing of the largest branch network in Bulgaria, the bank has an incomparable service-provision infrastructure, it is well acquainted with the local potential and offers high level of servicing through individual approach and full range of bank products and services, which are tailor made to the needs of all customer segments. OTP Bank Group is one of the largest independent financial services providers in Central and Eastern Europe with full range of banking services for private individuals and corporate clients. OTP Group comprise large subsidiaries, granting services in the field of insurance, real estate, factoring, leasing and asset management, investment and pension funds. The bank is serving clients in 9 countries, namely Hungary, Slovakia, Bulgaria, Serbia, Romania, Croatia, Ukraine, Montenegro and Russia. Nowadays OTP Groups' more than 36,000 employees are serving 13 million clients in over 1,500 branches and through electronic channels on all the markets of the bank. OTP is still the largest commercial bank in Hungary with over 25% market share. Postbank is the fifth biggest bank in Bulgaria in terms of assets, having a broad branch network across the country and a considerable client base of individuals, companies and institutions. Postbank has more than 25-years' presence as one of the leaders in Bulgaria's banking sector. The bank is a decisive factor in innovation, in shaping the country's banking trends in recent years and award-winning for its innovation. Postbank occupies a strategic position in retail and wholesale banking in Bulgaria. It is one of the market leaders in credit and debit cards, mortgage and consumer loans, saving products, as well as regarding corporate tailored products - from those for small businesses to large international companies operating in the country. The bank has built one of the most developed branch networks and modern alternative banking channels. In March 2016 Postbank acquired the business of Alpha Bank Bulgaria which is another step forward for consolidating its position as a systemic bank and in expanding its customer base. Postbank is a member of Eurobank Group. Eurobank is a dynamic banking group active in seven countries, with total assets of €65.7 billion and 15,929 employees.


News Article | July 25, 2017
Site: www.prnewswire.com

Now in its 59th consecutive quarter, the ISG Index™ provides an independent quarterly review of the latest sourcing industry data and trends. Each quarter, it names the top 15 commercial providers in the Big 15 (revenues of more than $10 billion), Building 15 (revenues between $1 billion and $10 billion) and Breakthrough 15 (revenues of less than $1 billion) categories in the Americas, EMEA and Asia Pacific regions. Each Top 15 category includes providers that compete in the traditional outsourcing market, as well as those that compete in the as-a-service market, including IaaS and SaaS providers. "We've grown over the last year because our clients trust us to deliver comprehensive services that allow them to carry out their core business operations," said Jeff VonDeylen, CEO at Ensono. "Receiving the Breakthrough 15 designation from ISG is a testament to our focus on culture and innovative solutions as we continue to establish ourselves as a leader in hybrid IT." Ensono's client retention and growth has been driven by its exceptional managed infrastructure solutions, including cloud, mainframe and midrange services, delivered globally to clients across a variety of industry sectors. In the last year, Ensono gained 83 new clients, launched Ensono Cloud, introduced Ensono M.O., a location and independent hybrid IT service management platform, and launched global managed public cloud services on AWS and Azure. Ensono's inclusion in the ISG Index™ is based on data the company submits to ISG each quarter. "For nearly 15 years, the ISG Index™ has been the authoritative source for marketplace intelligence related to outsourcing transaction structures and terms, industry adoption, geographic prevalence and service provider performance," said Paul Reynolds, chief research officer of ISG.  "Ensono continues to establish itself as a leading and growing player in the global market for hybrid IT services, based on its volume of business in relation to other industry providers." About ISG ISG (Information Services Group) (NASDAQ: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including 75 of the top 100 enterprises in the world, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; technology strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry's most comprehensive marketplace data. For more information, visit www.isg-one.com. About Ensono For business leaders managing lots of complexity or disrupting the status quo, Ensono delivers complete Hybrid IT services and governance, from cloud to mainframe, tailored to each client's journey. Whether you're leveraging the power of the cloud or modernizing legacy technologies, you'll be on track to operate for today and optimize for tomorrow. Some of the world's most successful companies rely on us to help them be great at what they do. We've been named a Top 15 Sourcing Service Provider by ISG, as well as acknowledged by the Uptime Institute for 100% availability. Ensono has over 1,000 associates across North America and Europe and is ranked 21st in The Sunday Times 100 Best Companies to Work For. Our offices are headquartered in greater Chicago. Visit us at www.ensono.com.


News Article | September 19, 2017
Site: www.businesswire.com

WESTBOROUGH, Mass.--(BUSINESS WIRE)--Virtusa Corporation (NASDAQ GS: VRTU), a global business consulting and IT outsourcing company that accelerates business outcomes for its clients, today announced it has been named a Top 15 Sourcing Standout by Information Services Group (ISG), a leading global technology research, market intelligence, and advisory firm. Virtusa was among the leading providers in The Breakthrough Top 15 Sourcing Standouts for the Americas, Europe, Middle East and Africa (EMEA) and the Asia Pacific regions based on annual contract value (ACV) won over the last 12 months, according to the Q2 2017 Global ISG Index™. Now in its 59th consecutive quarter, the ISG Index™ provides an independent quarterly review of the latest sourcing industry data and trends. “There is a seismic change happening in the IT outsourcing industry, with businesses looking for ways to break away from the traditional model, and moving towards applying automation and digital technology innovation to transform their businesses,” said Praveen Purushotham, global head of Marketing, Virtusa. “We are seeing increased demand for our transformational solutions and services due to our differentiated value proposition. Our IT outsourcing solutions and services address our clients’ strategic business goals of reducing operational costs and risk, while significantly improving IT support for emerging business demands. This recognition from ISG reinforces Virtusa’s reputation as a trusted partner providing best-in-class execution on large digital platforms and innovative thought leadership for clients across multiple industries.” Virtusa's digital transformation and innovation (DTi) solutions enable clients to reimagine the customer experience, accelerate revenue growth, and create lasting business value. The company’s operational excellence (OE) solutions help clients reduce risk, improve operational efficiencies, and lower IT costs. Each quarter, ISG names the top 15 commercial providers in the Big 15 (revenues of more than $10 billion), Building 15 (revenues between $1 billion and $10 billion) and Breakthrough 15 (revenues of less than $1 billion) categories in the Americas, EMEA and Asia Pacific regions. Each Top 15 category includes providers that compete in the traditional sourcing market, as well as those that compete in the as-a-service market, including IaaS and SaaS providers. Virtusa’s inclusion in the ISG Index™ is based on data the company submits to ISG each quarter. “For nearly 15 years, the ISG Index™ has been the authoritative source for marketplace intelligence related to outsourcing transaction structures and terms, industry adoption, geographic prevalence, and service provider performance,” said Paul Reynolds, chief research officer at ISG. “Virtusa continues to establish itself as a leading and growing player in the global market for IT consulting and outsourcing services, based on its volume of business in relation to other industry providers.” Through its enhanced global delivery model, proven software platforming approach, and overall industry expertise, Virtusa provides high-value IT services that enable its clients to innovate and reimagine their businesses, achieve cost savings, enhance business performance, accelerate time-to-market, increase productivity, and improve customer service. Virtusa’s unique outsourcing model, based on the Preempt-Accelerate-Compress framework, drives significantly improved outcomes — specifically across such industry verticals as banking and financial services (BFS), healthcare, and insurance — compared to traditional outsourcing models. Earlier this year, Virtusa was recognized as an Outsourcing Leader by IAOP® in its 2017 Global Outsourcing 100 list. Reinforcing its market-leading position as a preferred IT outsourcing partner to global clients, Virtusa received an “All Star Company” distinction from IAOP® for the company’s size and growth, customer references, awards and certifications, programs for innovation, and programs for corporate social responsibility. About ISG ISG (Information Services Group) (NASDAQ: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including 75 of the top 100 enterprises in the world, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; technology strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 professionals operating in more than 20 countries — a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com. About Virtusa Virtusa Corporation (NASDAQ GS: VRTU) is a global provider of information technology (IT) consulting and outsourcing services that accelerate business outcomes for Global 2000 companies and leading software vendors in banking and financial services, insurance, healthcare, telecommunications, technology, and media & entertainment. Virtusa helps CXOs' address the dual challenge of growing revenues while improving IT cost efficiencies. Virtusa's digital transformation & innovation (DTi) solutions enable clients to reimagine the customer experience, accelerate revenue growth and create lasting business value. The company’s operational excellence (OE) solutions help clients reduce risk, improve operational efficiencies, and lower IT costs. Virtusa delivers services across the IT lifecycle, including consulting, solution design, technology selection, implementation, testing, and maintenance, including infrastructure support. With a strong heritage in software engineering, Virtusa is highly qualified to both develop and maintain software, using a proven platforming methodology and advanced Agile and Accelerated Solution Design techniques to reliably deliver results on time and within budget. Holding a proven record of success across industries, Virtusa readily understands its clients' business challenges and uses its domain expertise to deliver distinctive, differentiated and innovative applications of technology to address its client critical business challenges. Examples include building the world's largest P&C claims modernization program; one of the largest corporate customer portals for a premier global bank; an order to cash implementation for a multinational telecommunications provider; and digital transformation initiatives for media and banking companies. Through the acquisition of a majority interest in Polaris Consulting Services Ltd. in March 2016, Virtusa has created a robust platform to provide end-to-end solutions and services in banking and financial services, strengthening its positioning as a top, global FinTech services provider. Virtusa Corporation is headquartered in Massachusetts and has 50 offices across North America, Europe and Asia. Polaris Consulting & Services is a subsidiary of Virtusa Corporation. Copyright © 2017 Virtusa Corporation. All Rights Reserved.


News Article | November 24, 2016
Site: www.prnewswire.co.uk

Mindtree, een toonaangevend bedrijf in digitale transformatie en technologiediensten, kondigde vandaag de opname in de top 15 aan van 'Sourcing Standout' door Information Services Group (ISG), een toonaangevend bedrijf in technologisch inzicht, marktinformatie en adviesdiensten. Mindtree was volgens de Global ISG Index™ in het derde kwartaal van 2016 een van de toonaangevende dienstverleners in de categorie 'Breakthrough 15' voor de regio's EMEA en Noord- en Zuid-Amerika. Dit wordt bepaald op basis van de jaarlijks verworven contractwaarde in de laatste 12 maanden. De ISG Index™, die nu voor het 56e opeenvolgende kwartaal is uitgebracht, biedt een onafhankelijke, driemaandelijkse beoordeling van de laatste gegevens en trends in uitbestedingsdiensten. Elk kwartaal wordt voor elke regio de top 15 van dienstverleners benoemd in de categorieën 'Big 15' (meer dan $ 10 miljard omzet), 'Building 15' (omzet tussen $ 2 en $ 10 miljard) en 'Breakthrough 15' (minder dan $ 2 miljard omzet). Elke Top 15-categorie omvat dienstverleners die actief zijn in de traditionele markt voor uitbesteding, evenals dienstverleners die concurreren in de 'as-a-service'-markt, waaronder IaaS- en SaaS-leveranciers. "Om zeven kwartalen op rij in deze categorie te worden erkend is een weerspiegeling van onze deskundigheid in digitale en beheerde dienstverlening. Onze consistente focus in een wereld die wordt getransformeerd door digitale en cloud-diensten heeft ons in deze sectoren een reputatie bezorgd als zijnde een betrouwbare partner voor onze klanten," aldus Rostow Ravanan, CEO en MD van Mindtree. De opname van Mindtree in de ISG Index™ is gebaseerd op gegevens die het bedrijf elk kwartaal bij ISG indient. "De ISG Index™ is al bijna 15 jaar de gezaghebbende bron voor marktinformatie met betrekking tot transactiestructuren en begrippen op het gebied van uitbesteding, goedkeuring in de sector, geografische prevalentie en prestaties van dienstverleners," zei Paul Reynolds, Chief Research Officer van ISG. "Mindtree handhaaft zich als toonaangevende en groeiende speler op de wereldwijde markt voor digitale diensten, op basis van de omvang van activiteiten in verhouding tot andere aanbieders in de sector." Information Services Group (ISG) (NASDAQ: III) is een toonaangevend bedrijf in technologisch inzicht, marktinformatie en adviesdiensten, en heeft wereldwijd meer dan 500 klanten die worden geholpen bij het bereiken van operational excellence. ISG ondersteunt organisaties uit de particuliere en publieke sector bij het transformeren en optimaliseren van hun operationele omgevingen door middel van onderzoek, benchmarking, advies en beheerde diensten. De focus ligt hierbij op informatietechnologie, transformatie van bedrijfsprocessen, diensten op het gebied van programmabeheer en enterprise resource planning (ERP). ISG wordt vanwege zijn meer dan vijf jaar ervaring als wereldwijde marktleider in informatie en advies en de meest diepgaande gegevensbron in de sector door klanten gevraagd om unieke inzichten en innovatieve oplossingen bij gebruik van technologie. Het bedrijf, afkomstig uit Stamford (Verenigde Staten), heeft meer dan 1.000 medewerkers en is in meer dan 21 landen actief. Bezoek voor meer informatie http://www.isg-one.com. Mindtree [NSE:MINDTREE] levert digitale transformatie- en IT-diensten, van ideeënvorming tot uitvoering, waarmee Global 2000-klanten hun concurrenten kunnen overtreffen. Mindtree is 'digitaal geboren' en gebruikt een flexibele aanpak gericht op samenwerking om op maat gemaakte oplossingen voor de hele digitale waardeketen te creëren. Tegelijkertijd helpt onze uitgebreide expertise op het gebied van infrastructuur en applicatiebeheer uw IT te optimaliseren tot een strategisch middel. Of u uw bedrijf nu moet differentiëren, uw bedrijfsfuncties wilt vernieuwen of de omzetgroei wilt versnellen, wij kunnen u helpen. Ga naar http://www.mindtree.com voor meer informatie.


News Article | February 22, 2017
Site: www.prnewswire.co.uk

Arco Real Property Holdings, a joint venture between Arco Capital and Deutsche Asset Management's DB Private Equity & Private Markets group, has decided to develop and construct a new office building in BPS. The investment volume for this new building will be around EUR 30 million. (Photo: http://mma.prnewswire.com/media/470198/Arco_Capital_Atrium.jpg ) The construction of the Class "A" building, which shall be known as Building 15, is being directed by leading German construction management company Lindner Immobilien Management. The construction of the building has commenced and is expected to be completed at the end of 2018. Building 15 shall offer a total of 20,800 square metres of leasable space, with five levels designed for office use, retail units on the ground floor, and two underground parking levels with a total of 260 parking spaces. Most importantly, the building has already been substantially pre-let to major international tenants. KPMG IT Service and Bulpros Consulting will initially occupy the vast majority of the building which is being developed specially for their requirements. Additional tenants will be able to let smaller areas of the building from around 200 to 3000 square metres. As of today, Building 15 has been 80 percent pre-let. Like all new investments made by Arco Capital, this building will be planned and constructed as a green building in adherence to strict sustainability criteria. "The greenfield investment is looking to receive a LEED Gold or higher certification, and this was a consideration throughout the entire planning and designing process," Christo Moskov, General Manager of BPS said. "We are happy that after eight years we can expand BPS. The new building will fit the high expectations of international tenants looking for state of the art office buildings in the Sofia CBD," according to Moskov. Its open space office floors with areas of 3,050 square metres, combined with a large structural span, provide flexibility to tenants of various requirements. The open atrium in the inner part of the building and the open park which will be designed on the roof top of the building will allow tenants to have more recreational space while enjoying the natural surroundings. The increased demand for high quality office spaces located in a friendly and safe urban development has required an expanded vision for BPS, the largest business park in Central and Eastern Europe, and a leading business location with its multifunctional high-tech infrastructure. The office market appears to be well short of supply for class "A" schemes. "The vacancy rate at BPS has been less than 1% for the past 18 months; it has never been so low," Moskov said. "The overall market has picked up through an increase in re-letting and new leasing activities," Moskov explained in his summary of market conditions. "Take up has grown significantly, and CBD pre-leases are becoming a trend. In the past few years, new office buildings were either almost fully rented through pre-leases or by the first few months after opening, at the latest," Moskov commented. Arco Capital's real estate arm manages approximately 200,000 square metres of built up area and more than 150 tenants, making it one of the largest property managers in the CEE region. "These leasing transactions coupled with the construction of our newest building, demonstrates BPS's strong position as the leading real estate player in the Sofia, Bulgaria and regional office market. They are also fully in line with our overall strategy of being opportunistic as to new investments and further improving cash flows through active asset management" said Moskov. Business Park Sofia (http://www.businesspark-sofia.com) is the largest office park in Central and Eastern Europe and was the first business park in Bulgaria. The facility accommodates some of the most successful businesses in diverse industries.  The park is designed to provide efficiency, flexibility and convenience to corporate tenants of any size and scope. It is a genuine multifunctional high-tech business park, which combines essential business components and related sectors in a vibrant and sustainable community.


News Article | November 24, 2016
Site: www.prnewswire.co.uk

Mindtree, ein führender Dienstleister auf dem Gebiet der digitalen Transformation und Technologie, verkündete heute, dass das Unternehmen in der Rangliste der Information Services Group (ISG), einem führenden Technologieinformations-, Marktintelligenz- und Beratungsdienstleister, unter den besten 15 Beschaffungsunternehmen eingeordnet wurde. Mindtree landete aufgrund seines in den vergangenen 12 Monaten erzielten Jahresauftragswerts unter den 15 führenden Anbietern in der Kategorie "Breakthrough 15" für die Regionen EMEA sowie Nord- und Südamerika auf dem 3Q 2016 Global ISG Index™. In seinem mittlerweile 56. Quartal in Folge bietet der ISG Index™ eine unabhängige vierteljährliche Beurteilung der neuesten Trends und Daten aus der Beschaffungsbranche. In jedem Quartal werden auf dem Index für jede Region die 15 Top-Anbieter in den Kategorien "Big 15" (Einnahmen von mehr als 10 Mrd. US-Dollar), "Building 15" (Einnahmen zwischen 2 und 10 Mrd. US-Dollar) und "Breakthrough 15" (Einnahmen von bis zu 2 Mrd. US-Dollar) aufgelistet. Jede Top-15-Kategorie umfasst Anbieter, darunter auch IaaS- und SaaS-Anbieter, die im traditionellen Outsourcing-Markt miteinander konkurrieren. "Die Tatsache, dass wir in sieben aufeinanderfolgenden Quartalen in dieser Kategorie anerkannt wurden, ist ein Beweis für unsere Expertise auf dem Gebiet der digitalen Dienstleistungen und Managed Services. In einer Welt, die von digitalen und cloudbasierten Technologien immer weiter transformiert wird, konnten wir uns dank unserer konsequenten Konzentration auf diese Bereiche als vertrauenswürdiger Partner bei unseren Kunden etablieren", sagte Rostow Ravanan, CEO und MD von Mindtree. Die Aufnahme von Mindtree in den ISG Index™ erfolgt aufgrund von Daten, die das Unternehmen jedes Quartal an ISG übermittelt. "Seit mittlerweile nahezu 15 Jahren ist der ISG Index™ die maßgebliche Quelle für Marktinformationen im Zusammenhang mit der Auslagerung von Abwicklungsstrukturen und -gestaltung, der Branchenakzeptanz, der geografischen Prävalenz sowie der Performance von Dienstleistern", sagte Paul Reynolds, Chief Research Officer von ISG. "Mit seinem Geschäftsvolumen behauptet sich Mindtree anderen Branchenanbietern gegenüber weiterhin als führender und wachsender Anbieter auf dem globalen Markt für digitale Dienstleistungen." Die Information Services Group (ISG) (NASDAQ: III) ist ein führendes Unternehmen im Bereich Technologieerkenntnisse, Marktwissen und Beratungsdienstleistungen, das mehr als 500 Kunden weltweit betreut und dabei unterstützt, operationale Exzellenz zu erzielen. Unter Einsatz von Forschung, Benchmarking, Consulting und Managed Services mit dem Fokus auf Informationstechnologie, Geschäftsprozess-Transformation, Programm-Management und Ressourcenplanung für Unternehmen unterstützt ISG Organisationen aus dem privaten und öffentlichen Sektor dabei, ihre Betriebsumgebung zu transformieren und zu optimieren. ISG genießt bei seinen Kunden aufgrund des einzigartigen Know-hows im Bereich innovativer Lösungen zur effektiveren Nutzung von Technologien, der umfassenden, in dieser Branche konkurrenzlosen Sammlung an Daten sowie seiner mehr als fünfzigjährigen Erfahrung und globalen Führerschaft auf dem Gebiet der Informations- und Beratungsdienstleistungen ein hohes Ansehen. Das Unternehmen hat seinen Sitz in Stamford (Connecticut, USA), beschäftigt über 1.000 Mitarbeiter und ist in 21 Ländern tätig. Weitere Informationen finden Sie auf http://www.isg-one.com. Mindtree [NSE: MINDTREE] bietet Dienstleistungen − von der Konzeption bis zur Ausführung − auf dem Gebiet der digitalen Transformation und Technologie und unterstützt damit Kunden der Global 2000 (FORBES), ihre Konkurrenz zu übertreffen. "Born digital" ist ein agiler, kollaborativer Ansatz von Mindtree zur Entwicklung kundenspezifischer Lösungen innerhalb der digitalen Wertschöpfungskette. Gleichzeitig trägt die umfassende Fachkompetenz des Unternehmens auf dem Gebiet des Infrastruktur- und Anwendungsmanagements dazu bei, Ihre IT in ein strategisches Gut zu verwandeln. Ob Sie sich mit Ihrem Unternehmen von Ihrer Konkurrenz abheben, Ihre Geschäftsfunktionen neu gestalten oder das Umsatzwachstum beschleunigen möchten − wir sind dafür der richtige Partner. Besuchen Sie http://www.mindtree.com, um mehr dazu zu erfahren.


News Article | November 24, 2016
Site: www.prnewswire.co.uk

Mindtree, un fournisseur de premier plan de services technologiques et de transformation numérique, a annoncé aujourd'hui son classement parmi les 15 meilleurs fournisseurs d'approvisionnement remarquables par Information Services Group (ISG), une société leader dans les domaines des aperçus technologiques, des renseignements sur le marché et des services de conseil. Mindtree a été classé parmi les principaux fournisseurs dans la catégorie Breakthrough 15 pour les régions EMOA et Amériques sur la base du montant annuel des contrats remportés au cours des 12 derniers mois, selon le Global ISG Index™ pour le 3e trimestre 2016. Pour le 56e trimestre consécutif, l'ISG Index™ fournit une analyse trimestrielle indépendante des dernières données et tendances du secteur de l'approvisionnement. Il désigne chaque trimestre les 15 meilleurs fournisseurs dans les catégories Big 15 (chiffre d'affaires de plus de 10 milliards $), Building 15 (chiffre d'affaires entre 2 milliards $ et 10 milliards $) et Breakthrough 15 (chiffre d'affaires de moins de 2 milliards $) pour chaque région. Chaque catégorie des 15 meilleurs inclut des fournisseurs qui opèrent sur le marché de l'externalisation traditionnel, ainsi que ceux qui opèrent sur le marché des services, y compris les fournisseurs d'IaaS et de SaaS. « Être distingué dans cette catégorie pour le 7e trimestre consécutif illustre notre expertise dans les services gérés et numériques. Dans un monde transformé par le numérique et le cloud, l'attention soutenue que nous portons à ces domaines nous a permis de nous positionner en tant que partenaire de confiance pour nos clients », a déclaré Rostow Ravanan, PDG et directeur général de Mindtree. L'intégration de Mindtree dans l'ISG Index™ repose sur les données que la société fournit à ISG chaque trimestre. « Depuis près de 15 ans, l'ISG Index™ représente la source faisant autorité dans le domaine des renseignements sur le marché relatifs aux conditions et structures des transactions d'externalisation, à l'adoption par l'industrie, à la prévalence géographique et à la performance des fournisseurs de services », a affirmé Paul Reynolds, directeur de recherche chez ISG. « Mindtree continue d'asseoir sa position en tant qu'acteur majeur et en pleine croissance sur le marché mondial des services numériques, sur la base de son volume d'affaires par rapport aux autres fournisseurs du secteur. » Information Services Group (ISG) (NASDAQ : III) est une société leader dans les domaines des aperçus technologiques, des renseignements sur le marché et des services de conseil, avec plus de 500 clients dans le monde entier pour les aider à atteindre l'excellence opérationnelle. ISG accompagne des organisations des secteurs public et privé dans la transformation et l'optimisation de leurs environnements opérationnels, grâce à la recherche, l'analyse comparative, le conseil et les services gérés, avec une attention particulière portée aux technologies de l'information, à la transformation des processus opérationnels, aux services de gestion de programmes et à la planification des ressources d'entreprise. Les clients trouvent chez ISG une expertise unique et des solutions innovantes, permettant de mettre à profit la technologie, les sources de données les plus poussées du secteur et plus de 50 ans d'expérience à la tête du marché international des services d'information et de conseil. Basée à Stamford, dans le Connecticut, la société emploie plus de 1 000 salariés et opère dans 21 pays.  Pour tout complément d'information, rendez-vous à l'adresse http://www.isg-one.com. Mindtree [NSE : MINDTREE] fournit des services technologiques et de transformation numérique depuis la conceptualisation jusqu'à l'exécution, permettant aux clients du palmarès Global 2000 de se démarquer de la concurrence. Mindtree est une société fondamentalement numérique qui adopte une approche agile et collaborative pour créer des solutions personnalisées dans l'ensemble de la chaîne de valeur numérique. Dans le même temps, notre vaste expertise dans la gestion des infrastructures et des applications aide à optimiser votre environnement informatique pour en faire un atout stratégique. Que vous souhaitiez que votre entreprise se distingue, réinventer vos fonctions commerciales ou accélérer la croissance de votre chiffre d'affaires, nous pouvons vous aider à y parvenir. Rendez-vous à l'adresse http://www.mindtree.com pour en savoir plus.


News Article | November 23, 2016
Site: en.prnasia.com

Mindtree, a leading digital transformation and technology services company, today announced it has been named a Top 15 Sourcing Standout by Information Services Group (ISG), a leading technology insights, market intelligence and advisory services company. Mindtree was among the leading providers in the Breakthrough 15 category for the EMEA and Americas regions based on annual contract value won over the last 12 months, according to the 3Q 2016 Global ISG Index™. Now in its 56th consecutive quarter, the ISG Index™ provides an independent quarterly review of the latest sourcing industry data and trends. Each quarter it names the 15 top providers in the Big 15 (revenues of more than $10 billion), Building 15 (revenues between $2 billion and $10 billion) and Breakthrough 15 (revenues of less than $2 billion) categories for each region. Each Top 15 category includes providers that compete in the traditional outsourcing market, as well as those that compete in the as-a-service market, including IaaS and SaaS providers. "Being recognized in this category for seven consecutive quarters is a reflection of our expertise in digital and managed services. In a world being transformed by digital and cloud, our consistent focus in these areas has established us as a trusted partner for our clients," said Rostow Ravanan, CEO and MD, Mindtree. Mindtree's inclusion in the ISG Index™ is based on data the company submits to ISG each quarter. "For nearly 15 years, the ISG Index™ has been the authoritative source for marketplace intelligence related to outsourcing transaction structures and terms, industry adoption, geographic prevalence and service provider performance," said Paul Reynolds, Chief Research Officer of ISG. "Mindtree continues to establish itself as a leading and growing player in the global market for digital services, based on its volume of business in relation to other industry providers." Information Services Group (ISG) (NASDAQ: III) is a leading technology insights, market intelligence and advisory services company, serving more than 500 clients around the world to help them achieve operational excellence. ISG supports private and public sector organizations to transform and optimize their operational environments through research, benchmarking, consulting and managed services, with a focus on information technology, business process transformation, program management services and enterprise resource planning. Clients look to ISG for unique insights and innovative solutions for leveraging technology, the deepest data source in the industry, and more than five decades of experience and global leadership in information and advisory services. Based in Stamford, Conn., the company has more than 1,000 employees and operates in 21 countries.  For additional information, visit www.isg-one.com. Mindtree [NSE: MINDTREE] delivers digital transformation and technology services from ideation to execution, enabling Global 2000 clients to outperform the competition. 'Born digital,' Mindtree takes an agile, collaborative approach to creating customized solutions across the digital value chain. At the same time, our deep expertise in infrastructure and applications management helps optimize your IT into a strategic asset. Whether you need to differentiate your company, reinvent business functions or accelerate revenue growth, we can get you there. Visit www.mindtree.com  to learn more.


News Article | November 23, 2016
Site: www.prnewswire.co.uk

Mindtree, a leading digital transformation and technology services company, today announced it has been named a Top 15 Sourcing Standout by Information Services Group (ISG), a leading technology insights, market intelligence and advisory services company. Mindtree was among the leading providers in the Breakthrough 15 category for the EMEA and Americas regions based on annual contract value won over the last 12 months, according to the 3Q 2016 Global ISG Index™. Now in its 56th consecutive quarter, the ISG Index™ provides an independent quarterly review of the latest sourcing industry data and trends. Each quarter it names the 15 top providers in the Big 15 (revenues of more than $10 billion), Building 15 (revenues between $2 billion and $10 billion) and Breakthrough 15 (revenues of less than $2 billion) categories for each region. Each Top 15 category includes providers that compete in the traditional outsourcing market, as well as those that compete in the as-a-service market, including IaaS and SaaS providers. "Being recognized in this category for seven consecutive quarters is a reflection of our expertise in digital and managed services. In a world being transformed by digital and cloud, our consistent focus in these areas has established us as a trusted partner for our clients," said Rostow Ravanan, CEO and MD, Mindtree. Mindtree's inclusion in the ISG Index™ is based on data the company submits to ISG each quarter. "For nearly 15 years, the ISG Index™ has been the authoritative source for marketplace intelligence related to outsourcing transaction structures and terms, industry adoption, geographic prevalence and service provider performance," said Paul Reynolds, Chief Research Officer of ISG. "Mindtree continues to establish itself as a leading and growing player in the global market for digital services, based on its volume of business in relation to other industry providers." Information Services Group (ISG) (NASDAQ: III) is a leading technology insights, market intelligence and advisory services company, serving more than 500 clients around the world to help them achieve operational excellence. ISG supports private and public sector organizations to transform and optimize their operational environments through research, benchmarking, consulting and managed services, with a focus on information technology, business process transformation, program management services and enterprise resource planning. Clients look to ISG for unique insights and innovative solutions for leveraging technology, the deepest data source in the industry, and more than five decades of experience and global leadership in information and advisory services. Based in Stamford, Conn., the company has more than 1,000 employees and operates in 21 countries. For additional information, visit www.isg-one.com. Mindtree [NSE: MINDTREE] delivers digital transformation and technology services from ideation to execution, enabling Global 2000 clients to outperform the competition. 'Born digital,' Mindtree takes an agile, collaborative approach to creating customized solutions across the digital value chain. At the same time, our deep expertise in infrastructure and applications management helps optimize your IT into a strategic asset. Whether you need to differentiate your company, reinvent business functions or accelerate revenue growth, we can get you there. Visit www.mindtree.com to learn more.

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