ZELOSinvest

Whatever the mind of man can conceive and believe, it can achieve. Thoughts are things! And powerful things at that, when mixed with definiteness of purpose, and burning desire, can be translated into riches.

Setup

Setup of Funds Structure in Luxembourg

Information

Controlling, Tax, Accounting

Crisis Management

Distressed assets

Directorship

With international subsidiaries in Germany, Luxembourg, Italy and Spain

Assets

Property Management and Asset Management

OUR services

We integrate all services in a partner network including the investor scope

SETTING UP FUNDS & NEW STRUCTURES

  • LUXEMBOURG STRUCTURE
  • INVESTOR AND CLIENT REPORTING
  • FINANCIAL CONTROLLING
  • BUDGETING
  • GENERAL MANAGEMENT FOR FINANCIAL AND OPERATION

ACTIVE ASSET MANAGEMENT

  • PROPERTY MANAGEMENT
  • ASSET MANAGEMENT
  • INTEGRATED APPROACH

PROJECTS IN DISTRESSED AREAS

  • DISTRESSED ASSETS
  • TURN-AROUND
  • SERVICING & NPLS

ZELOSinvest: Who We Are

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Specialists
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Projects Delivered
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Industry Awards

EXAMPLES of collaboration

Whatever the mind of man can conceive and believe, it can achieve. Thoughts are things! And powerful things at that, when mixed with definiteness of purpose, and burning desire, can be translated into riches.

Example Active Exit Management with a Shopping Center in Italy 

(Shopping Center (28.000sqm / build 2009)

upgrading / investors activation / Sales Management

Situation

  • lShopping Center build in 2009
  • l28.000 sqm / 14.000 Gross Letting Area
  • l30 million investment
  • lDistressed, Empty and Foreclosure

 

Our Task

  • lDetermine and Due Diligence of Asset
  • lEstablish upgrading and Exit Strategy
  • lImprove local situation, elemninate & convert negative impact
  • lBuild up alternative scenarios
  • lOrganize a competition
  • lAttract national & international investors
  • lBuild up leads / lead management

 

OUR STEP: Manage the exit to get a better value!

Example empty furniture warehouse

upgrading / investors activation / Sales Management

Initial Position

  • 12.500 sqm display and sales space
  • Vulnerable Occupancy permit
  • A redevelopment is needed

Goals

  • Legalization of the building
  • Redevelopment
  • Exit to institutional Investors

OUR STEP: maintain rights of warehouse, build business szenario and sell !

Example in Business case and evaluation Italian Npl portfolio

Situation

  • Examination/ Design of dimension in sqm
  • Concept Design
  • Market value and appraisal
  • Business Case
  • Exit with Business-plan

OUR STEP: business Case for huge Italian portfolio with different exit-scenarios ! ( 360 million Euro volume )

Example in NPL single assets „Offenbach-Mühlheim“

Realised a cash-on cash multiple of 1.7x

Situation

    • 22 apartments haven‘t been finished
    • Builder didn`t finish building – techical and legal problems for building permission

Turnaround

    • Development & Sales for the unfinished appartements
    • Improvement of the existing structure, legalizing and selling the remaining to a new builder

Capital & Returns
purchase price: € 1.6 m
Capex : € 0.32m
Turnover: € 3.2 m
Return (cash multiple): 1.7x

OUR STEP: purchase, fix structural problems and sales ( Exit )

Example of Revitalisation to improve Investor – activities of empty buildings / offices

Realised a cash-on cash multiple of 1.7x

Action Cluster: 2% revitalisation

    • Fast improvement of RE appearance (ex. Activate show-room and
      show „life“ property )
    • Motivated INTERIM-tenant
    • Active regional advertisement

Redevelopment:
5 – 10% of assets!
(needs partly vacancy-/ abandoned properties)

OUR STEP: occupy building, revitalise & sell it (auction) !

Example in privatisation Privatisation of parts of the Health sector of Thuringia

Fiduciary settlement of institutions of the health ministry and disposal of its real estate assets.
(volume 500 – 800 mill Euros RE value – to add social & health impact)

The challenge:

    • 120 – 150 rehabilitation / health care centers in Thuringia
    • summarize situation, standard, Gaps, possiblities,
    • develop concept according to Government priorities
    • realize some privatisation

Results of the project

  • Bad Liebenstein with 3 Investors (Municipal / Est and West Germany )
  • standard solution procedure between ministries for getting projects realized
  • model of Exit including use concept for the other centers
    (needs partly vacancy-/ abandoned properties)

OUR STEP: evalution of whole porfolio, setup of organization, privatization of parts for the Ministry of Health

TRACK record

Zelos combines KNOW-HOW & EXPERIENCE in MANY AREAS

Due Diligence , Turnaround & Restructuring

  • MPS Sansedoni – sale advisory of an ancient building in Florence – Italy 8.000 sqm
  • Aareal Bank – remarketing of commercial real estate in Emilia Romagna – Italy 28.000 sqm
  • Deutsche Post and Telecomunications – about 90.000 residential units
  • German Ministry of Health – privatization of a portfolio of 130 building (hospitals, nursing homes ..)
  • Reviva SA – real estate portfolio advisory EMEA total 127.000 sqm
  • Principia SA – real estate portfolio advisory EMEA total € 63 ml
  • Eurohypo – analysis scenarios distressed real estate portfolio in Italy € 100 ml
  • Private investor – analysis scenarios distressed real estate portfolio in Italy (Lazio, Tuscany) € 57 ml

Interim Management

  • DREF-Group (Internos) – Interim CEO for several SPVs 2015-2016
  • Financia group AG – Germany real estate portfolio € 70 ml
  • Instag AG & Construction Dondi GmbH – Germany real estate development € 60 ml
  • Austrian bank – exit management of distressed real estate development in Sardinia
  • Takeover, Upgrading and Sales of several Distressed Assets 15 – 20 ml ( Orgaplan – vehicle )
  • Internationalisation and localisation of Software solutions ( ERP, Portal )
  • Bad Salzungen: touristic long whole strategy and milestones for a recreational municipal

M & A, Startup

  • Advisory of israel startup in Frankfurt ( building area )
  • M&A and business succession for a Company in the machinery business ( Italy based )
  • managing an IT-company during startup for localization in Europe
  • Milan based company in Mechanical Engineering ( seller side ) sales process

Facility Management

  • Vodafone AG, RTL, Unilever outsourcing of logistics in Germany
  • BNP Paribas, Daiwa Capital, Siemens ( Paris), JTI-EMEA ( Geneva), Allianz, AOK 300 regional offfices
  • Areal Bank management of logistic in EMEA,

Interim-Management – Consulting ( Strategy / IT /Coaching )

  • projects regarding IT-Strategy, resizing and restructuring IT-departments
  • Healthcare: Startup – Distribution of new heathcare solutions ( EMEA – ASIS )

Free First Consultation

 

Consult Me!

Highly Qualified Team

Joerg-Kowollik-min

Joerg Kowollik

Partner

Joerg Kowollik is the founder and CEO of CONact Market Entry Management GmbH, situated in Frankfurt and Rome. He built up a strong record in the areas Work-Out Management and Real Estate Investments. This includes workouts of distressed corporate restructurings/ turnarounds, rehabilitation and repositioning of real estate assets across a variety of property types. Prior to this, he worked for Oracle Europe as Senior Management Consultant in the European Competence Center for Banking. From 1990 to 1993 Joerg Kowollik, as Management consultant, was responsible for the privatization of health and social welfare institutions in Thuringia of former East Germany. He also worked at BHF Bank, Frankfurt leading the Information Center. Joerg holds a Master in Business Administration at (Univ. of Applied Science) FH Worms.
Joergs speaks English, German, Italian & Spanish
Oliver-Ustapiuk-min

Oliver Ustapiuk

Partner

Oliver Ustapiuk is the founder and CEO of U-Consult GmbH, SPIA International Investments Sarl and Co Founder of Zelos Invest Sarl.
Oliver build through his several accounting and controlling stations great accounting, controlling, tax and structuring know how.

He is currently engaged as CFO and Manager in several Luxembourg companies within a Luxembourg bond structure. In the meantime he collaborate with a german located developer and asset manger for setting up a regulated Luxembourg investments structure.

Oliver holds two Diplomas in buisness administration and controlling and brings over 6 years experience in accounting and controlling.
Oliver speaks English, German and Polish.

Get In Touch!

We are looking forward to start a project with you!

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Joerg Kowollik

GER  +49 173 66 7703
ITA  +39 328 086 3096
USA  +1 425-202 5965

jk@zelosinvest.eu

Our subsidiaries are in

Luxembourg • Frankfurt • Regensburg • Rome

Oliver Ustapiuk

GER  +49 173 959 4629

ou@zelosinvest.eu

Address

ZELOS INVEST S.a.r.l
14 Rue Edward Steichen L-2540
Luxembourg