EastBanc Inc. has affiliate holdings in International Real Estate, Information Technology and Entertainment with foreign offices in Portugal, Russia and the UAE and has considered new opportunities in other markets throughout Europe, South America and the MENA region.
EastBanc Portugal and PREA are its Portuguese Development and Property Management subsidiaries with offices in Lisbon and Porto. EastBanc began investing in Portuguese Real Estate over ten years ago and has advised for and against a transaction volume of over €600MM resulting in the purchase of over 1.5MM sf of commercial property. Its development arm is currently working on a 400,000 sf revitalization of the Principe Real area, one of the tallest residential zones in central Lisbon.
EastBanc’s affiliated IT services company EastBanc Technologies has offices in Washington DC, Moscow, Novosibirsk and the UAE. EastBanc Technologies provides customized high-end software solutions for a diverse set of industries as well as a growing array of product solutions.
EastBanc’s Entertainment Division, EastBanc Restaurant Concepts is involved with three restaurants in the DC area and is currently pursuing two new opportunities to expand its portfolio.