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Delivering sustainable growth through real estate investment, development and asset management

AG Capital is a leading commercial and residential real estate investment group in Central and Eastern Europe, with assets under management exceeding €850 million.

Since

1993

Assets under management exceeding

€850m

Investment Platforms

Platforms in AG Capital’s diverse portfolio.

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Featured developments

Class A commercial buildings and residential properties in Bulgaria, Romania and Poland.

With high-end concept design and state-of-the-art building features, our projects are recognized for delivering the highest possible comfort, functionality, technology and sustainability standards for working and living environments.

Partners

We have built trusted partnerships and strategic relationships with leading players in the global real estate market.

Having gained extensive experience in the ever-expanding environment of residential and commercial opportunities in the CEE region, our partners include institutional investors, private equity funds and real estate investment companies.

Latest news

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Old-Mutual-Property

Old Mutual Property (OMP) is a prominent player in the commercial real estate landscape, with EUR 2 billion property portfolio in South Africa, UK, CEE.
OMP is part of the Old Mutual Limited Group, the largest South African financial services group with more than 170 years of history.
In 2018 AG Capital and OMP formed a JV to create Lion’s Head – an investment and commercial property platform in the CEE region.

The-International-Finance-Corporation

The International Finance Corporation (IFC), a member of the World Bank Group, is the largest global multilateral development institution, which focuses on investment, advisory, and asset management.
IFC’s mandate is to stimulate the performance of the private sector in emerging markets globally. IFC has more than 60 years of experience in unlocking private investment, creating markets and opportunities where they’re needed most.
IFC has partnered with Apollo, AG Capital and Atland in corporate NPL & distressed commercial real estate projects in Bulgaria.

logomitiskareim

Mitiska REIM is Europe’s leading investor in convenience real estate, comprising retail parks, multi-let light industrial, self-storage and urban logistics projects. With a track record spanning 15 years, they work in partnership with strategic partners for new development projects and active asset management.

The-European-Bank-for-Reconstruction-and-Development

The European Bank for Reconstruction and Development (EBRD) was founded in 1991 to create a new post-Cold War era in Central and Eastern Europe. With operations across three continents, EBRD’s primary aim has since been to further progress towards market-oriented economies and the promotion of private and entrepreneurial initiative. EBRD has been operating projects in all major business sectors for over 30 years in more than 36 economies.

During the period 2013-2017 EBRD partnered with AG Capital to finance Frontex as one of the leading unsecured NPL investors and asset managers in Bulgaria. As of 2025 EBRD partners with AG Capital and Mitiska REIM for Estrea Park development.

Apollo-Global-Management

Apollo Global Management is a global alternative investment manager operating in private equity, credit-oriented capital markets and real estate.
The company raises, invests and manages funds for both individual and institutional investors. Apollo’s AUM has grown more than 6 times in 10 years reaching almost USD 500 billion of AUM.
Apollo partners with AG Capital and Atland in investment and management of corporate NPLs and distressed commercial real estate in Bulgaria.

Christie's-International-Real-Estate

Christie’s International Real Estate is a global network offering exclusive home and luxury real estate services to buyers and sellers worldwide. The company is driven by the global span and expertise of its Affiliate network. Admittance to the network is extended by invitation only to real estate brokerages that demonstrate a proven record of success in luxury property sales.
Unique Estates forged a partnership with Christie’s in the 2007-2016 period, which allowed for the company’s international exposition of luxury property listings in Bulgaria.

Cushman-&-Wakefield

Cushman & Wakefield is one of the largest real estate advisory firms in the world, employing 50,000 people across 60 countries and a 2020 USD 7.8 billion revenue.
C&W’s core business lines include property, facilities and project management, leasing, capital markets and advisory.
Since 2006 AG Capital has been an exclusive alliance partner to C&W in Bulgaria through the C&W Forton local entity.

The-Royal-Institution-of-Chartered-Surveyors

The Royal Institution of Chartered Surveyors (RICS) is a globally recognised professional body promoting and enforcing the highest international standards in the real estate, construction and valuation sectors.
RICS works at a cross-governmental level in establishing a framework to support a safe marketplace and confidence in the quality and ethics of services provided.
A major part of AG Capital’s Management Team members are RICS accredited professionals.

Axxess-Capital

Axxess Capital is a private equity fund manager operating in the SEE region.

With its extensive investment experience in the region of more than 15 years presence and over EUR 250 milion equity invested, the company serves as a reputable advisor to the EBRD, the European Investment Fund (EIF) and the Black Sea Trade and Development Bank (BSTDB).

In 2013, AG Capital and Axxess co-invested in Frontex to acquire and manage unsecured NPLs through an integrated collection process.

CLS-Holdings

CLS Holdings is a commercial property investment and asset management company with assets in the UK, France and Germany. CLS has been listed on the London Stock Exchange (LSE) Main Market since 1994.
CLS manages a portfolio of GBP 2.3 billion of primarily office properties and provides premises to more than 780 tenants, including blue-chip organisations and government departments.
CLS and AG Capital were the major shareholders of the Bulgarian Land Development PLC, an AIM (LSE) listed company to develop commercial and residential real estate projects in Bulgaria.

Northridge-Capital

Northridge Capital is a London-based private real estate investment and asset manager. The fund directly invests across traditional and alternative asset classes with a focus on office and purpose-built student accommodation.

Northridge Capital partnered with AG Capital in the redevelopment of Polygraphia Office Center, a historic landmark building in Sofia. This successful collaboration saw the transformation of Polygraphia into a contemporary class A office property in 2012- 2018.

Luxury-Portfolio-International

Luxury Portfolio International (LPI) is one of the leading premium residential real estate advisory groups of companies globally. LPI has the largest global network of prime locally-affiliated companies.
The 200-plus selected affiliated companies represent the high-end component of an organisation which encompasses 550 companies, 4,300 offices and 135,000 associates producing over one million transactions in over 70 countries.
Unique Estates has been Luxury Portfolio’s exclusive partner in Bulgaria since 2016.

Ten-Brinke-Group

Ten Brinke Group is an international real estate company with nearly 120 years of experience in construction. The Group operates branches in the Netherlands, Germany, Spain, Portugal and Greece with 1,200 employees, generating an average annual turnover of approximately EUR 1 billion.

During the 2013-2019 period, Ten Brinke Group and AG Capital have been partnering in Intelliway Services. Using a matrix structure in Sofia, Intelliway Services specialists are being integrated into the business operations in Germany.Ten Brinke Group is an international real estate company with nearly 120 years of experience in construction. The Group operates branches in the Netherlands, Germany, Spain, Portugal and Greece with 1,200 employees, generating an average annual turnover of approximately EUR 1 billion.

During the 2013-2019 period, Ten Brinke Group and AG Capital have been partnering in Intelliway Services. Using a matrix structure in Sofia, Intelliway Services specialists are being integrated into the business operations in Germany.