Distressed Investment Opportunities

Distressed Investment Opportunities

Distressed Investment Opportunities

 

  • Short to medium-term deterioration on the property market in Bulgaria, after several years of a robust growth and a peak in 2007-2009.
  • Construction and real estate badly hit by the global credit crunch.
  • Announced mega projects totalling EUR 2 – 2.5 B were put on hold, according to the Bulgarian Construction Chamber.
  • Many players on the property market (incl. investors, landlords, tenants, property service providers) suffered from some form of distress.
  • Major challenges – financial and operational restructurings, debt refinancing, debt for equity, joint ventures.
  • Many properties have been worked out already, but there are still attractive investment opportunities.

Our network of partners throughout Bulgaria helps us source quality real estate projects with distressed vendors.

Investors could still take advantage of the distressed investment opportunities.