About Krono Partners
Krono Partners PLC (Krono) is a real estate and distressed asset management company formed to take advantage of the emergence of the large number of distressed assets in Europe and North America. The Company is in the process of acquiring a diverse portfolio of assets, at a significant discount to market rates (up to 70%), in different geographical markets in order to provide above average returns to its stakeholders.
The Company is pursuing commercial and residential real estate assets as well as various distressed assets between €1m and €5m. Krono only targets assets with significant value enhancement opportunities that can be captured in the near to mid-term.
The Cornerstone of Success
The cornerstone of success is its people, skills and key relationships with local real-estate professionals; including banks, asset brokers, real estate consultants and direct sellers. In addition to its access to key market information, Krono will leverage its relationships with local contacts that hold large portfolios of distressed debt.
Types of Distressed Real Estate Assets
Types of distressed real estate assets targeted for purchase by Krono include:
- Distressed multifamily residential properties
- Distressed commercial, industrial, office, and hospitality assets