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The best of what we do
Our Case Studies
Providing our investors with unique investment opportunities to achieve attractive risk-adjusted returns is the driving force behind our company. Invel loves to take on challenges involving complex situations and business plans relying on intensive asset management initiatives and local market knowledge to generate outperformance. These are just a few examples of our successes in the industry. Feel free to browse through and contact us for any details.
DEC 2013
Prodea Investments
In December 2013, Invel acquired a 66% stake in PRODEA from the National Bank of Greece (“NBG”) for €653m. Pangaea was established in 2010 by NBG and included the bank’s owned retail branches and main office buildings in Greece. PRODEA is now the lar…
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November 2014
Project Lennon
In November 2014 Invel acquired in an off-market transaction a portfolio of non-performing loans totalling c. £140m of unpaid principal balance along with the shares of the borrower entities from the National Asset Management Agency of Ireland (“NAMA”). This acquisition was conducted in cooperation with…
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DEC 2015
Aphrodite Hills Resort Cyprus
Invel acquired the award-winning Aphrodite Hills Resort Cyprus at the beginning of 2015. Previously run and managed by InterContinental Hotels Group, the property was over €100 million in debt to the Bank of Cyprus at the time of acquisition, with interest margins in excess of 5%, alongside a very demand…
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2016
Tarvos
In H2 2016, Invel acquired two Italian real estate portfolios then held in listed, closed-end Italian property funds managed by BNP Paribas REIM SGR which had an expiration date (without possibility of renewal) of 31st December 2016 at a purchase price of €83.8 million. Together, the portfolios were comp…
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2017
Tradim
In 2017, we acquired two assets located in the Quadrilatero della Moda, the most exclusive area of Milan and one of the most prestigious fashion districts in the world Via Bagutta comprises 2,912 sqm of Gross Building Area (“GBA”) and 137 sqm of courtyard. Acquired 100% vacant, the property had the poten…
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October 2018
Nikki Beach
In October 2018, Invel acquired a 70.4% indirect shareholding in Nikki Beach, a five-star hotel with 66 rooms and suites (more than 50 square meters and 65 square meters on average), beach club, two restaurants, a gym and a spa in the Bay of Porto Heli, Greece. In January 2019, Invel increased its stake…
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December 2019
Drive Fund
In December 2019, we acquired two office assets in Milan and Rome. Both assets were sourced off-market through our extensive relationships with both sellers. Via San Vigilio (“SV”): 10,000 sqm of WLA office complex in the southern semi-central area of Milan, above the metro station Famagosta and also ver…
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