Alissia Capital is a private equity platform acquiring and actively owning real estate across Romania and CEE, pairing deep local sourcing with the governance, control and reporting discipline institutional allocators require of any private markets manager.
An EU member market still early in its convergence with Western Europe, with growth assets, motivated sellers and a shallow buyer universe, accessed through a locally-rooted team with the underwriting discipline of a private equity manager.
Sustained GDP growth and urbanisation underpin a long structural catch-up versus Western Europe.
Assets in Romania and CEE can be acquired at a meaningful discount to comparable Western European basis, improving the margin of safety on every deal.
Supply-chain reconfiguration drives modern logistics & industrial demand; quality offices and housing remain undersupplied.
AIFMD & SFDR allow institutional-grade fund structures and disclosures familiar to Western allocators and their advisers.
Alissia Capital was founded to give institutional capital a credible, professionally-governed buy-and-hold platform for Romanian and CEE real estate, pairing on-the-ground market knowledge with the underwriting and governance standards private equity allocators expect.
Our team combines decades of experience across real estate acquisition, development and private capital markets in Romania and the wider region. We source assets others miss, underwrite them with private equity rigour, and own them actively over a multi-year hold, within an independent governance framework that protects investor capital at every step.
We commit our own capital alongside our partners. That alignment, together with EU-grade structuring and reporting, is what lets us serve institutional investors and their wealth managers with confidence.
An experienced leadership team uniting CEE real-estate execution with institutional private equity fund management.
A multi-strategy approach lets us match different investor mandates for risk and return within a single, disciplined institution, each strategy built around acquiring and holding assets to drive value creation over the hold period.
Stabilised assets, logistics, prime offices and retail, acquired and held for durable, compounding cash flow suited to long-horizon institutional mandates.
Repositioning, refurbishment and active asset management to create value and lift returns above core over a defined hold period.
Selective ground-up and mixed-use development, naturally aligned with a construction-linked sponsor, with assets held post-completion to compound returns.
Every asset moves through the same private equity process, sourced locally, underwritten rigorously, governed independently, and held for value creation.
Proprietary local sourcing and broker networks generate off-market pipeline.
Rigorous modelling, due diligence and independent Investment Committee approval.
Structured execution with depositary oversight and conservative leverage.
Active ownership and asset management against a defined, multi-year business plan.
Disciplined exits with transparent, INREV/ILPA-standard LP reporting.
Risk and compliance report to the board, not to the deal teams. Independent third parties protect investor capital at every step.
Alissia Capital is structured under the Romanian and EU alternative investment fund regime, supervised by the Financial Supervisory Authority (ASF). Key facts are summarised below; full documentation is available to qualified investors and their advisers via the data room.
A structured, transparent onboarding journey designed around institutional due-diligence expectations, built for allocators and the wealth managers who advise them. Begin below, the process takes a few minutes to start.
We believe sustainable, well-governed buildings deliver better long-term outcomes, for investors, occupiers and communities alike. Sustainability is integrated across our acquisition and ownership process and aligned with the EU Sustainable Finance Disclosure Regulation (SFDR).
A decarbonisation pathway across the portfolio: energy-efficiency retrofits, green building certifications (BREEAM / LEED), EPC improvement and climate-risk assessment at acquisition.
We acquire and develop assets that meet modern environmental standards, efficient, healthy and resilient spaces that hold value and attract quality tenants over a multi-year hold.
Urban regeneration, local employment through our developments, tenant wellbeing, and support for the communities in which we invest.
Independent oversight, anti-bribery and anti-corruption standards, diversity, and full alignment of interests through meaningful co-investment.
Illustrative commitments, to be finalised and reported against annually.
Thought leadership on the markets, sectors and trends shaping our strategy. (Sample articles.)
Why Romanian real estate offers a structural margin-of-safety advantage over Western European core.
How supply-chain reconfiguration is reshaping industrial demand across the region.
Translating EU sustainability disclosure into a credible asset-level programme.
For qualified investors and their wealth managers interested in learning more about Alissia Capital and accessing the data room.