116 Acquisition International - 2017 Excellence Awards Revetas Capital Advisors LLP (Revetas) is a specialized real estate investment manager which entered the Central and Eastern Europe (CEE) market in 2003, initially under the name Bifrost Investment Group (Bifrost). We profiled the firm to find out more about them. evetas manages and invests capital in real estate opportunities throughout CEE on behalf of a global range of private and institutional investors. The company is focused exclusively on CEE with its offices based in London, Bratislava, Vienna, Krakow and Bucharest. The firm and its precursor, Bifrost have been active in the CEE region for over ten years, possessing widespread knowledge of the real estate market and banking practices in the area. Since being founded the teams at Revetas and Bifrost have sourced, acquired, managed, refinanced and disposed of over €400m of real estate in 10 transactions comprising over 240,000 m2. This direct and disciplined management approach has secured strong returns throughout the economic cycles. Team members at Revetas have an excellent track record, gained by utilizing a hands on approach, resulting in multiple successful investments in the CEE area. With extensive experience of multiple economic and real estate cycles across geographies, transaction and asset types, the firm is able to manage and mitigate risks with the goal of maximizing returns. Maintaining the highest standards of integrity is essential to Revetas upholding its fine reputation within the financial industry. Its principles of alignment, transparency and visibility is the foundation of relationships with investors, clients, partners and employees. The company’s success is built on its performance-oriented culture, combined with integrity and responsibility, while its relationships with clients, investors, partner and employees are built on mutual trust and goodwill. Company: Revetas Capital Advisors LLP Contact: Eric Assimakopoulos Email:
[email protected] Address: 26-28 Mount Row W1K 3SQ London Phone: + 44 203 931 42 97 Best for Real Estate Investments - CEE R GE170037 The company promotes good governance, ensuring fairness, honesty, integrity and accountability. Revetas aims to ensure that all of its partners, advisors and business associates adhere to strict procedures governing their own ethical behaviour as well as that of their own team members. Staff engage with locally based advisors wherever possible and work with its own team to give improved access to local market intelligence, enabling it to identify issues and opportunities as soon as they arise. Visibility is an integral part of the business culture at Revetas. The team recognise that the firm’s investors and partners share the same view about having visibility with their investments. Therefore, the business provides a fully transparent structure, delivering institutional quality reporting on a monthly and quarterly basis. Through secure investor pages, the company’s investors will be able review detailed property information. The firm holds quarterly investor meetings to discuss and review the current status of investments, plus, the senior management team is accessible to investors to provide project level information. Alignment of interests creates the best business practice. This is the belief of the team at Revetas, as it is committed to alignment with its investors, clients and partners, providing clear objectives based on certain timelines, ensuring all parties have the same objective. Today, the business consists of 18 team members primarily located in London and Vienna. The investment management professionals have an average of 12 years’ real estate, banking and finance in CEE and are supported in the back office by a team of professionals with tax, legal and administrative experience. Led by Eric Assimakopoulos, who possesses over 20 years’ experience in construction, development and real estate investment the regions that Revetas does its business in. An enjoyable internal culture, management at Revatas has cultivated a team environment based upon the key principle of alignment of interest with investors and partners, providing a fully transparent culture. Members of the Revetas team each have a meaningful financial commitment. This culture of commitment, alignment and transparency will ensure a close and interactive partnership with investors. “The company’s success is built on its performance-oriented culture , combined with integrity and responsibility , while its relationships with clients, investors, partner and employees are built on mutual trust and goodwill .”