“In 2014, the Adval management took over the properties portfolio that the company had administered for six years. In the last two years, we have invested our own equity and have administered the portfolio actively, in parallel with some properties sale and with the restructure or refinance of loans. Cascade Offices, one of the buildings from this portfolio, is completely rented, well placed and has a good history, proved by a high performance. Through this refinance, we stabilized the portfolio part that remained in our ownership based on which we plan to launch a real estate investment,” said David Hayward, CEO of Adval Asset Management.
“JLL, the consultant of Adval Asset Management is attracting the refinancing loan taking advantage of the positive conditions from the financial market and the banks’ appetite for loans. The terms and prices offered by bank are extremely competitive, which proves the trust in banks on office market, with the condition that the owners to have a good track record,“ said Silviana Badea, national director, head of Capital Markets JLL Romania
Adval Asset Management is an independent Romanian management company in real estate field, set up and owned by a professionals team with an expertise in real estate assets management, business management, commercial banking and investments. (source: business-review.eu)