Some countries are slow when it comes to selling their assets. Not Slovenia!
If you don’t want to miss a big opportunity, than Slovenian Sovereign Holding and the Slovenian “bad bank” are the right address for you.
Bail-outs of companies have added corporate equity to the privatisation portfolio managed by Slovenian Sovereign Holding or SSH (Slovenski državni holding). Thanks to transparent procedures and adequate asset sale pricing according to OECD principles and standards on the management of State Owned Enterprises, potential investors can enjoy good returns both from ownership and privatisation of management through well-structured concession transactions.
For information about great untapped opportunities, visit the SSH website: https://www.sdh.si/en-gb/sale-of-assets
Slovenia’s economy has come a long way since the financial crisis bailout. Good news for potential investors is the asset portfolio of the Bank Assets Management Company or BAMC (Družba za prestrukturiranje terjatev bank) with bad loans on the books of the country’s banks in 2013/2014. For information on investment opportunities in BAMC’s portfolio of over 1 billion euros go to: http://www.dutb.eu/en/default.aspx
Below you will find investment projects offered by different entities.
You may fine tune your search by selecting different categories of projects.
Invest in nearly 7.5 EUR million claims owned by TCK d.o.o. and secured with 1st mortgage on real estate development project of a 7-storey high commercial-residential building in the very centre of Ljubljana.
Public Invitation for Expression of Interest
HETA Asset Resolution d.o.o. is hereby publishing a public invitation for expression of interest to purchase of claims in its ownership in accordance with an open and transparent procedure.
Subject of public selling process: EUR 7.4 mio claims against the company Hiša 8 d.o.o., in bankruptcy
The Company was established for the construction of the commercial and residential buildning »Dalmatinka« in the very center of Ljubljana. Hiša 8 d.o.o. is in bankruptcy since 24 April 2013.
- Mega d.o.o. - in bankruptcy, 51% share
- Mr. Stanko Božičnik - in personal bankruptcy, 49% share
Source: AJPES, April 2016
Total amount of claims applied in bankruptcy estate is 14,122,278.52 EUR and belongs to several creditors. In year 2014 TCK became creditor and owner of claims towards Company Hiša 8 d.o.o. which was previously financed by Hypo Alpe-Adria Bank d.d. Claim applied by TCK d.o.o. is EUR 7,464,571.63.
All information regarding Bankruptcy procedure is available online in Slovenian Business Register (AJPES) public database.
Loan is secured with several collaterals. Main collateral represents the land plots where the real estate project is ongoing.
- Mortgage: 1st mortgage on financed asset
- Corporate guarantee: two companies both in bankruptcy
- Personal guarantee: two individuals in personal bankruptcy
- Personal guarantee: private individual
Source: AJPES, April 2016
Type of Use: retail, office and residential
Floors: 3B + GF + 6 upper floors + mansard
Land plot: 1,301 m2
Gross Useable Area: 9,700 m2
- retail: 1,300 m2
- office: 1,600 m2
- residential: 3,200 m2
Parking places: 85 underground garage
Cunstruction site: valid building permit and carcass works already done on 3 sub-levels, ground floor, first and part of second floor.
The development project is located in the very centre of Ljubljana. The location is considered as excellent due to vicinity of old city centre, Ljubljanica river bank and many administrative buildings like the Parliament, municipality, court building, university etc. located in close proximity.
If completed the project will provide much needed a high-end business premises and luxury residential apartments with direct view on the Ljubljana Castle.
Property has great access to public transportation with city bus station direct in front of the building and countries main railway station and bus station within 5 min. walking distance.
More information about the individual claims and selling process can be found at www.har.si.
All the documentation must be sent in hard copy or electronically to the following address:
HETA Asset Resolution d.o.o.
Dunajska 167, 1000 Ljubljana, Slovenia