Krono Partners Plc Announces Their Plans for 2015

Share Article

Krono Partners Plc who specializes in the acquisition and repositioning of distressed properties, has undergone very positive changes.

Krono Partners Plc (“Krono” or “Company”) has expanded their investor base, with a more comprehensive variety of investors now being granted access to their Distressed Asset Bond, including crowd-funding clientele, Companies & Associations. The relevant changes to both, the Information Memorandum, and the Bond Application has sparked the interest of a number of institutional investors, many of whom have already taken up large positions in the Bond issue.

Increasing development of their current investment portfolio is the Company’s priority moving into 2015. A growing number of offers have been put to the Company from financial institutions in possession of distressed property. While the Company has always indicated attention to investments within the Eurozone, current market conditions have narrowed the focus to selected areas in the northern/eastern European countries.

The troubles of Southern Europe and its inability to fully pull itself out of economic distress has resulted in many younger generations and future property owners seeking greener pastures further North. Due to this shift, Krono is now seeing a growing stability in the Northern European property market, with growing demand in built up areas of high population. Increased volatility in the more traditional market safe havens is resulting in more seasoned investors buying back into the property market at home too.

Krono stated they will be attending a number of auctions in the opening months of 2015, to further build on their current momentum within other areas of Northern Europe.

Mr. Rosenschein comments, “Moving into the New Year, we hope to improve on this during Q1 and into Q2, although this year, we will be looking to reallocate all available funds into longer-term property positions.”

The Company plans to carry on with its highly successful Micro Loans Program via their SPV but has suggested that they will begin funneling funds into larger, more long-term positions as the year progresses. The Company believes the remaining Bond issue will soon be taken up, enabling them increased maneuverability, especially in respect to new property acquisitions.

Possible market correction could mean that property in the next few years might be seen as one of the best places to house investor funds, as other markets are growing increasingly more high risk and high street investments are simply not offering strong enough returns. Krono will continue to keep their focus on Europe and in particular Copenhagen and Prague for the next 6 months.

About Krono

Krono’s core team of management and advisors provides the necessary resources to unlock and fully realise the potential of Distressed Assets. The team comprises experienced industry professionals with years of relevant hands-on experience within the real estate sector. Krono specialises in the full spectrum of services necessary to support such Distressed Assets and enterprises. We provide operational management and legal support to optimise on-going business and provide the necessary know-how to manage the subsequent sale or liquidation of assets.

For more information about the Company, please visit http://www.kronopartners.com or contact Krono directly on:

Email: info(at)kronopartners(dot)com
Contact Number: +44 (0) 203 657 9190

Disclaimer – forward-looking statements

This Krono Partners Plc communication contains certain statements regarding future events that express the beliefs and expectations of management. Such statements are based on current expectations, estimates and forecasts on the part of company management and imply various known and unknown risks and uncertainties, which may result in actual earnings, the financial situation, growth or performance to be different from the estimates expressed or implied in the forward-looking statements. The information contained herein is not intended to act as advice or a solicitation for business and should not be construed as such.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Krono Partners
Visit website