Distressed Opportunities in Eastern Europe

Distressed Opportunities in Eastern Europe

Posts 1-3 of 3
  • Nikolai Nikolov
    Nikolai Nikolov    Group moderator
    The company name is only visible to registered members.
    Looking for distressed Real Estate in Sofia, Bulgaria for purchase below market price
    Tailored Solutions Management has a buy-side mandate with the following parameters:

    Type: project in development/ready-made real estate - industrial/retail/office/residential/hotel

    Location: Sofia city

    Investment range: max 10 million euro


    All assets should be available for immediate potential purchase.


    You may reach me at nikolai.nikolov at tailoredsolutions.eu
    This post was modified on 14 Feb 2009 at 11:26 pm.
    • 12 Feb 2009, 10:06 pm
  • Yani Dragov
    Yani Dragov
    The company name is only visible to registered members.
    Re: Looking for distressed Real Estate in Sofia, Bulgaria for purchase below market price
    Dear Mr. Nikolov,

    one of my clients is selling an excellent plot with an industrial building built on it. Parameters are:

    Plot: 20,000 sq.m.
    Area of the building: 10,000 sq.m. (2 floors of 5,000 sq.m.)
    Location: on the main road Sofia-Burgas, just outside Stara Zagora
    Details: has infrastructure for manufacturing facilities, as it is the former factory for fertilizers and nitrogen.
    Price: 1,800,000 EUR (as per independent valuation but can go down to 1,5m EUR)

    You can contact me at +359 888 788 943.

    Best regards,
    • 15 Feb 2009, 10:58 am
  • Nikolai Nikolov
    Nikolai Nikolov    Group moderator
    The company name is only visible to registered members.
    Re^2: Looking for distressed Real Estate in Sofia, Bulgaria for purchase below market price
    UPDATE UPDATE UPDATE UPDATE

    There is an interest for purchase of ready-made Real Estates from an international organization, to which Tailored Solutions Management Ltd. is a consultant for their residential and hotel project in Bulgaria.

    They have strong cash position, but would like to develop the project with partners. So the opportunity they offer is the following: purchase of a ready-made yielding assets (office, retail, industrial buildings) throughout Bulgaria, however, with the clause a part of the sum of the money the owners to redirect to their project.

    Everything is negotiable. This is a new scheme to finance project of a large size in Real Estate and they have practiced it for over a month and half successfully with their projects around the world. Currently, we shall work with them how this shall be applied in Bulgaria.

    If you have such properties at disposal, please contact me.

    What do you think about this linking of ready-made assets and projects? Do you consider it as a successful financial instrument in the current times of credit crunch and global crisis?
    This post was modified on 18 Feb 2009 at 10:12 am.
    • 18 Feb 2009, 10:05 am