Modesta Real Estate was founded in Vienna in 2002. The firm comprises a 10 strong team based in Austria and Slovakia and is led by Managing Partners Sebastian Scheufele and Andreas Polak-Evans, both members of SIOR (The Society of Industrial and Office Realtors). Their clients include Bechtle, Bosch, Chanel, Goldbeck, Honeywell, Louis Vuitton, Signa, etc. The firm also offers professional advisory and corporate real estate services, as well as the implementation of marketing strategies for existing properties.
James Sparrow, CEO of Savills UK and EMEA, says: “With European and American investment companies as well as private investors and global occupiers already present in the area, we are pleased to have found a partner who can maintain the highest standards of professional real estate advice.”
Sebastian Scheufele, Managing Partner, Modesta Real Estate, says: “The association with Savills will give us the opportunity to share our extensive experience of the Central and Eastern European commercial real estate markets while further expanding our international networks and expertise.”
Stuart Jordan, head of Savills in Czech Republic, adds: “Savills has gained further market share in CEE over the past five years, in particular in the Czech Republic, and we welcome the opportunity to work with existing and new clients across the wider CEE region.“