Milestones

2025

  • Fifth share capital increase totaling €40 million

  • First international investment through the acquisition of a resort in the Canary Islands

  • 71 assets under management
2024
  • Completion of Skyline Transaction
  • Inaugural hospitality investment, through the acquisition of 2 resorts in Rhodes and Crete, forming a strategic partnership with NLTG Group
  • 61 assets under management

2023

  • Milestone project initiation: conversion of a former shopping mall to green offices leased to Independent Authority of Public Revenue (IAPR)
  • Participation in one of Greece’s largest open-market real estate deals (Project Skyline) alongside Dimand and EBRD
  • 51 assets under management

2022

  • Issued €100m, 5-year public bond @ 2.8% coupon
  • Licensed as Real Estate Investment Company (REIC)
  • 23 properties added, entering student housing, industrial, wineries, and offices sectors
  • 50 assets under management

2021

  • Third €75m share capital increase
  • Fastighets AB Balder becomes a strategic investor acquiring a 17.2% stake
  • 27 assets under management, focusing on logistics, retail big-boxes and serviced apartments

2020

  • Sterner Stenhus becomes majority shareholder via a €10m share capital increase
  • 17 assets under management including 10 schools under PPP
  • Second €20m share capital increase