• Off market, direct from bank 


  • Fund II


  • Acquired 100% of shareholding as a part of an agreed restructuring with the bank

Value creation

  • Reduction of non-recoverable expenses through increased leasing, improved efficiencies, and better collection of charges.
  • Assess potential strategies for the future development of the land in line with the market demand evolution, annual absorption, and investment liquidity levels. This includes assessing land reallocation per phase in order to achieve the optimum development potential.

  • Split the undeveloped land from the existing buildings in order to implement a well-coordinated planning and development process, allowing for a fluid phased exit over 3-7 years (see Site Plan for potential split of the entire site).

Property Type

  • Office & Logistics

See property website for further details: sac.bg

Key Facts
Location Sofia, Bulgaria
Deal type Acquisition and bank restructuring
Closing date Q4 2015
Origination Direct from bank
Status Under management