In the News

Chayton Capital in the News

  • Marketing Launch of Chayton Capital's SEE Real Estate Fund

    Chayton Capital has announced the start of fund raising for the South Eastern Europe Real Estate Fund.

    The opportunistic fund plans to invest in the growth economies of Romania, Slovenia, Croatia, Bulgaria and Serbia utilising its established relationships with experienced joint venture partners.

    The target size of the Fund is €75-100 million and it will have a life of 6 years. The investment period is an efficient 30 month due to the in-place deal pipeline established in co-operation with Chayton Capital's joint venture partners. The pipeline will not only reduce the investment period, but will also significantly reduce the risk for investors typically associated with investing in "blind pool" funds.

    The Fund's investment strategy will offer investors liquidity and flexibility through its target investment sectors. These will predominantly be retail parks, city centre offices, residential developments for sale and rental, and recovery assets, which together will provide investors with the key risk mitigants of tenant quality and strong cash flow.

    Tim Norman, Managing Partner, notes that "the SEE economies, and in particular Romania's, have been the fastest growing in the EU for over 3-4 years now. The real estate markets have also performed well in that time. Our strategy is to focus on fragmented property sub-sectors, which we believe are under-priced and which shall require the hands-on management of our local joint venture partners".

    David Allen, Founding Partner, adds that "the SEE Real Estate Fund represents the first in a number of initiatives by Chayton Capital under its new ownership and management. It is an exciting time for the firm."

    Note to Editors

    Chayton Capital LLP is an investment advisor providing a platform for international investors, including institutions and high net worth individuals, into emerging markets. The firm's partners have been active in Central and Eastern Europe for a number of years and have established strong relationships with regional financial institutions and political leaders. Chayton advises several CEE property funds and the firm is distinguished by its approach, which emphasises local insight and expertise.

    For further information, contact:

    David Allen - Founding Partner
    Tim Norman - Managing Partner
    office@chaytoncapital.com

    March 2018

  • Agreement for Land Sale of the Chayton Sava Property Fund L.P.

    Chayton Sava Property Fund has made an in-principal agreement with an agency of the Hungarian State for the sale of a land parcel located in Budapest, Hungary for €4.4 million. The sale is expected to close in the first half of 2018.

    The Fund closed in 2008 with the strategy of acquiring off-market development sites and holdings in Hungary, Poland, Romania and Serbia.

    David Allen, Managing Partner, said "The proposed sale of this land plot to the Hungarian State is expected to close in early 2018 and enable a distribution to the shareholders".

    Note to Editors

    Chayton Capital LLP is an investment advisor providing a platform for international investors, including institutions and high net worth individuals, into emerging markets. The firm's partners have been active in Central and Eastern Europe for a number of years and have established strong relationships with regional financial institutions and political leaders. Chayton advises several CEE property funds and the firm is distinguished by its approach, which emphasises local insight and expertise.

    For further information, contact:

    David Allen
    office@chaytoncapital.com

    September 2017

  • Chayton Capital LLP appointed advisor for a SEE Investment Vehicle

    Chayton Capital has been appointed advisor to a number of private investors regarding their investment in a joint venture with a global family office. The total investment amount is approximately €15 million and it covers the entire South Eastern Europe region.

    Chayton Capital had previously represented the investors in an earlier investment and, as a result of that experience, the investors selected Chayton Capital.

    David Allen, Managing Partner, said "We are delighted to have been selected by our private investor clients again to represent them in their investment."

    Note to Editors

    Chayton Capital LLP is an investment advisor providing a platform for international investors, including institutions and high net worth individuals, into emerging markets. The firm's partners have been active in Central and Eastern Europe for a number of years and have established strong relationships with regional financial institutions and political leaders. Chayton advises several CEE property funds and the firm is distinguished by its approach, which emphasises local insight and expertise.

    For further information, contact:

    David Allen
    office@chaytoncapital.com

    May 2017

  • Chayton Capital LLP considers expanding into the Hotel sector

    Chayton Capital is in discussions with a leading Bulgarian hospitality group with a view to creating a joint venture partnership to develop a chain of hotels across South Eastern Europe.

    Chayton Capital's role is expected to provide assistance in the capital raising, both debt and equity, with the latter possibly being raised through a regulated fund vehicle. Chayton Capital will also be responsible for the structuring of the joint venture, but this will be determined by the preferences and domiciliation of the equity investors.

    Chayton and the hospitality group have held initial discussions with a UK-based investment firm, which has expressed an interest in assisting in the equity raising, and also with a supra-national bank, which specialises in providing finance for the region.

    Tim Norman, Managing Partner, said "We are delighted to have started discussions regarding the possible expansion of our business interests into the hotel sector. We have known our joint venture partner for some while, having worked with them informally and we look forward to exploring opportunities with them."

    Note to Editors

    Chayton Capital LLP is an investment advisor providing a platform for international investors, including institutions and high net worth individuals, into emerging markets. The firm's partners have been active in Central and Eastern Europe for a number of years and have established strong relationships with regional financial institutions and political leaders. Chayton advises several CEE property funds and the firm is distinguished by its approach, which emphasises local insight and expertise.

    For further information, contact:

    Tim Norman
    office@chaytoncapital.com

    May 2017

  • Retail Land Disposal from the Chayton Sava Property Fund L.P.

    Chayton Sava Property Fund has announced the sale of a land parcel originally acquired for retail development. The 64,000 sq.m land parcel is located in Oradea, Romania.

    The Fund closed in 2008 with the strategy of acquiring off-market development sites and holdings in Hungary, Poland, Romania and Serbia.

    David Allen, Managing Partner, said "The improvement in the real estate market in Romania has enabled Chayton Capital to exit this investment positively and enabled us to return funds to the investors."

    Note to Editors

    Chayton Capital LLP is an investment advisor providing a platform for international investors, including institutions and high net worth individuals, into emerging markets. The firm's partners have been active in Central and Eastern Europe for a number of years and have established strong relationships with regional financial institutions and political leaders. Chayton advises several CEE property funds and the firm is distinguished by its approach, which emphasises local insight and expertise.

    For further information, contact:

    David Allen
    office@chaytoncapital.com

    March 2017