Develon

Part of Mint Investments
CZEN

About us

Develon is a real estate investments management and development company, exclusively managing projects for Avestus Capital Partners (former Quinlan Private) through its fund Quinlan Private Pembroke Holdings, a fund entity of Avestus Capital Partners group. Avestus Capital Partners is a leading European real estate equity arranger, investment advisor and asset manager.

Develon is a joint venture between its managing partners, Mr. Radim Bajgar and Mr. Sebastien Dejanovski, and Avestus Capital Partners.

Develon was founded in 2007 and is active in Czech Republic and Slovakia. Develon acts as deal originator, development manager and asset manager. The projects Develon manages are often executed as a partnership with a local partner.

Investment Objectives and Strategy

Develon is looking to realize value added opportunistic investment such as development projects, partially vacant assets or assets in need of repositioning in all cases to be driven by active asset management.

 

Residential

Retail

Office

Warehouse

Hospitality

Core / Core plus

 

 

 

 

Value added / Refurbishment

 

 

Development and Opportunistic / Value enhancement

 

Develon is primarily focused on Czech Republic and Slovakia, primary or secondary cities, with orientation to expand in the whole CEE.

Management

Founders and partners of Develon are Mr. Radim Bajgar and Mr. Sebastien Dejanovski, who stand behind the success of the company Czech and Slovak Investment Advisors, which acts as an exclusive investment manager of Czech and Slovak Property Fund. Mr. Bajgar and Mr. Dejanovski have over the past 6 years realized real estate transactions over 1 billion euro.

Radim Bajgar

In 2007 Radim Bajgar co-founded the investment and development company Develon. Previously he was a managing partner in Czech and Slovak Investment Advisors. Mr. Bajgar came to real estate industry from investment banking where he gained experience as the vice president for Emerging Markets in Deutsche Bank responsible for building EMEA franchise, advising leading global asset managers on EMEA equity investment, execution of EMEA IPOs and SPOs. Prior he was with ING Barrings. Mr. Bajgar graduated from the University of Economics in Prague.

Sebastien Dejanovski

In 2007 Sebastien Dejanovski co-founded the investment and development company Develon. Previously he was a managing partner in Czech and Slovak Investment Advisors. Mr. Dejanovski has more than 10 years of experience in the real estate industry. Before joining Czech and Slovak Investment Advisors, Mr. Dejanovski worked as development director for the Czech Republic, Slovakia and Hungary in GE Capital Golub. He gained an experience also as a marketing manager in Africa Israel Investments. Mr. Dejanovski graduated from Ecole Nationale de Commerce, Paris.

Čestlice Retail Park

Retailpark development
Čestlice-Průhonice, Czech Republic

News

In the media

  • 03/2010: Estate, Vila Villa Kaplický (download PDF)
  • 11/2009: Construction & Investment Journal, Žilina´s retail battle continues (download PDF)
  • 20/07/2009: Europe Real Estate, Breda & Weinstein shopping center has valid panning permit (full article)

Press releases

  • 1/11/2011:   Mint Investments acquires Factory Office Center on behalf of its private clients (download PDF)

  • 07/03/2011: Retail Park Čestlice obtains planning permit (download PDF)
  • 19/01/2011: UniCredit Bank and Komerční banka to provide project financing for development of Breda & Weinstein shopping center in Opava (download PDF)
  • 11/2010: MINT INVESTMENTS group's Czech and Slovak shopping centres at MAPIC 2010 (download PDF)