siof
Robotnícka | real estate | in 2017 SIOF acquired a seven-storey building in the wider centre of Bratislava on Robotnícka street. This former office building is situated in close proximity to a wide range of facilities and is in walking distance from Central Shopping Mall and Istropolis. With over 1,700 square meters of floor area, the building holds great potential for conversion into attractive apartments or refurbishing into prime office space. Disposed of in early 2018 after first phase  of works due to legal issues.
Hotel Piešťany | distreesed assets | a work-out deal executed in 2016. Acquisition of a long-overdue non-performing loan from a commercial bank collateralised by a hotel and spa in the centre of Piešťany. We have been able to design an efficient solution for full recovery of the loan while maintaining uninterrupted operation of the hotel.
Completed in 2016.