CATEGORY
Investor of the Year, CEE
Adventum Group, a fund manager focused on CEE real estate investments was founded in 2016 and is entirely owned by management. It has been operating under the Alternative Investment Fund Managers Directive with fund management companies established in Hungary and Malta. On behalf of its funds the Group now owns and manages over 700,000 sq. metres of commercial real estate in the core CEE countries. Adventum’s ESG strategy is focused on the reduction of lifetime CO2 emission and guided by international sustainability agenda and conventions such as the Paris Agreement. The Group’s personnel include highly experienced real estate professionals with CFA, NRW and MRICS qualifications and proven track record in the CEE region. The management team has so far executed investments in the CEE region over a total value of EUR 2 billion.
Name of company
Adventum Group
Name of President or Managing Director for the region
Kristof Barany, CFA
President or Managing Director for the region profile
Mr. Kristóf BÁRÁNY has a master’s degree in economics and he is also a CFA Charterholder. He has gained 15+ years of experience in real estate at Adventum, GRW Invest and numerous other fund managers. His attention and time is currently dedicated to Adventum Group, a fund manager focused on CEE real estate investments with a current AuM of EUR1 bn, and which is entirely owned by management. He currently lives in Budapest, Hungary.
Regions active in (in which countries the company operates)
The Group focuses on the Core Central Eastern European markets – Poland, Czechia, Slovakia, Hungary and Romania.
Portfolio of all properties currently held by your company
Hungary: KÖKI Shopping Center Budapest, 14 retail parks anchored by TESCO across the country Poland: Warsaw - Renaissance Plaza, Marynarska Point I, Mercedes-Benz HQ; Poznan - Poznan Financial Center; Wroclaw - Centrum Orlat, Sky Tower; Katowice - Katowice Business Point Romania: Bucharest - Hemes Business Campus
Office projects included in the portfolio
Hungary: KÖKI Shopping Center Budapest - office area Poland: Warsaw - Renaissance Plaza, Marynarskay Point I, Mercedes-Benz HQ; Poznan - Poznan Financial Center; Wroclaw - Centrum Orlat, Sky Tower; Katowice - Katowice Business Point Romania: Bucharest - Hemes Business Campus
The value of office properties held by investor (in EUR)
EUR 320+ million
Retail projects included in the portfolio
Hungary: KÖKI Shopping Center Budapest and 14 retail parks anchored by TESCO Czech Republic: 4 retail parks anchored by TESCO
The value of retail properties held by investor (in EUR)
EUR 360+ million
Warehouse projects included in the portfolio
N/A
The value of warehouse properties held by investor (in EUR)
N/A
The largest purchase transactions between October 2020 and June 2022 (subject of the transaction, its total take up area and value in EUR)
18 retail parks in the Czech Republic and Hungary anchored by TESCO - EUR 280 million with 360,000 sq m GLA.
Future plans
The Group have been focusing on green investments in the Core Central Eastern European markets (Poland, Czechia, Slovakia, Hungary, and Romania) for years and this is becoming a clear advantage now as regulation catches up with the need for profitable ESG focused investments. The last two acquisitions of the Group’s latest fund PENTA (Sky Tower, a 56,000 sq m mixed-use project in Wrocław, and the 360,000 sqm retail park portfolio across Hungary and the Czech Republic) have reached quite a few headlines, however, deals like these take time, and although the Group have a number of deals in the pipeline, closing is still some way off. Nevertheless, deal opportunities are actively looked at, and offers are continuously provided. Continuous deal making, like the determination to comply with ESG standards, is one of the cornerstones of Adventum’s investment strategy, consequently Adventum is planning considerable investments in the next couple of years as well in the Core CEE Region.
Why the company deserves the award (in a paragraph you can describe the specific achievements of the company)
Despite the uncertainty on the global capital markets over the past months Adventum's commitment to complete the largest transaction of its history to date has been always supported by our investors and financing banks alike. This is considered a testament to the investment strategy and the core acquisition, and asset management skills of the Group.
Company website
www.adventum.eu