Operations

Real Estate Asset Management and Distress Real Estate Assets

	Together with leading investors from the United States and the GCC countries, Arceland agreed to create Arceland Development at the end of 2006. Since its founding Arceland Development has successfully deployed €75 million in new investments in Sofia. more...

	D-PLAN is a unique for Bulgaria and Romania, platform, created and managed by Arceland Management. The aim of this platform is to acquire debt from local debtors (financial institutions and banks) and proceed to reasonable work outs or manage the debt tickets on a restructured way in order to provide attractive IRR, above 20%, to its investors. D-Plan is aiming to attract an amount of €200 million in new capital which will be deployed within 2011 and 2012.

	In late 2008, following the onset of the world financial crisis, Arceland launched a new initiative, called Arceland Developed Properties or “ADP” with the aim to enter the NPL real estate business in Bulgaria. ADP, plans to deploy €100 million in capital as described below. more...

	The AFI (Arceland Fixed Income) platform is a second new initiative of Arceland. The scope of this investment vehicle is to acquire first class income producing properties in Bulgaria and to provide property and asset management services for these properties. The vehicle offers investors a mix of building types, each with high quality tenants, while producing attractive yields. The initial plan is to acquire existing ‘best in class’ inventory made available by the current stress in the market, and thereafter to develop AFI’s own additional inventory for placement in the post-crisis market. In combination this strategy is intended to build an inventory of €200 million in prime income producing assets by the end of 2013.