OREANDA-NEWS. October 14, 2008. International property magazine Liquid Real Estate has announced the winners of the fourth annual Euromoney Liquid Real Estate Awards, reported the press-centre of Parex banka.

The award winners were selected by real estate market participants, based on the voting of poll participants. The award in the category of the “Best Real Estate Investment Management Company in Latvia” was awarded to Parex Asset Management (PAM) , leading investment management team in the Baltics.

“It is a great honor to be named the best firm specializing in real estate investment management and to learn that our clients and partners have evaluated our professionalism on such a high level. This award and customer recognition is certainly the result of the hard work of our Real Estate Management team throughout last 5 years successfully managing number of real estate funds investing in the region.”- comments Robert Idelson, the CEO of Parex Asset Management.

Parex Asset Management manages two closed end real estate funds in Latvia: Parex Baltic Real Estate Fund II, Baltic Distressed Property Fund and one real estate fund in Ukraine: Parex Ukrainian Real Estate Fund. The Company is committed to expand its successful track record in property investment management and is always tapping for new market opportunities clients can benefit from.

The Euromoney Liquid Real Estate Poll included the opinion of real estate developers, advisors, financial institutions and investors in 54 countries worldwide.

Liquid Real Estate is a product of the renowned Euromoney magazine and was initiated to focus on international flows of capital into real estate, as real estate is no longer the domestic business it once was, as advisers are devising sophisticated new investment vehicles to meet demand for more transparency, more liquidity and more effective tax structures in their property portfolios.