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  • Adval Asset Management

    Sector 1, Bucharest, Romania

Asset & Property Management Services

Real Estate Asset and Portfolio Management

The team has so far successfully managed a combined EUR1.5bn worth of real estate assets, spread over various types like office, retail, residential, industrial and leisure. This includes due diligence, acquisition, development, asset managing and disposals

Property Management

Our property management team is dealing with full cash management, invoicing, indexation, service charge reconciliation and up to date management reporting information to support fast strategic decisions and recommendations.

Fundraising and Debt Management

Our core team is specialised in investment banking, with expertise in international fundraising for some of the largest investment banks and private businesses. The team has expertise in fund structuring, high-return investments and M&A. The combined equity and debt raising to date stands in the region of EUR1.2bn.

Sourcing Product and Co-Investment

With our depth of experience on the Romanian market and strong links with the banking industry we are well aware of all the opportunities available in the Romanian market, not just the assets being sold through agents but also off market transactions as well as real estate secured loans and REO’s that are now being offloaded by the banks.

With funds available for co-investing and the team and infrastructure having the full set of skills to manage the investment process from acquisition through to exit; we are fully aligned with clients interested in investing in Romanian real estate.

Corporate Structuring

We have set-up and restructured portfolios under holding companies using various EU jurisdictions for efficiency and tax optimisation.

Non-Performing Loans

We have first-hand experience in working out NPL’s, having restructuring over EUR35mn of real estate backed NPL’s on behalf of our clients. In addition we have advised a number of private equity funds in the due diligence process of a number of high profile disposals by Romanian banks.

Monica Constantinescu
Business Development Director
Petra Rogin
Operations & Property Manager
Florentina Rosu
Senior Accountant& Property Manager
Ionut Niculae
Building Manager

Adval Accounting Services

Adval Accounting SRL was set up in 2015 as sister company to Adval Asset Management with the sole purpose to support Adval Asset Management business, given the significant number of SPV’s managed and also to help ADVAL Group become one stop solution for new developed businesses.

Since then some of the collaborators and business partners of ADVAL group became clients of Adval Accounting as they already knew that they will benefit from our expertise and knowledge. We are in process of diversifying our industry exposure and expanding our client base. We are currently dealing with more than 40 companies with core business in real estate, property and asset management, facility management, constructions, project management, storage, HR and other third party clients

Our company offers integrated services of accounting, fiscal consultancy, tax advisory and human resources consulting.

Our team provides services such as:

General Accounting:

  • chronological and systematic registration of primary documents received by the beneficiary
  • journals and preparing accounting records required by law
  • preparing and filing their tax returns to the competent authorities
  • filling in all financial & accounting statements
  • assistance in case of inspection by tax authorities
  • providing the auditors with all documents and information needed to perform the audit
  • monthly / quarterly / annual reports requested by the legislation on payroll, VAT, profit tax, local taxes, etc. and submit tax returns and any other required documents by the Romanian authorities in the deadline set by the law
  • monthly / quarterly / annual reports provided to the client at his request
  • overseeing preparation of company’s financial information to ensure the compliance with Romanian Accounting Standards (“RAS”)
  • overseeing reporting statements are performed in accordance to IFRS standards and in compliance with Group of Companies
  • verifying consolidated financial statements in compliance with Group of Companies

Primary accounting:

  • issuing all invoices based on the contracts provided and distribution to clients
  • verifying vendors / suppliers invoices with the services agreements signed
  • debts reminders to clients, by email
  • keep the evidence of utilities and any other costs to be re-invoiced to clients
  • bank statements and online payments processing
Ramona Amalia Voicu
Chief Accountant
Lucia Branza
Senior Accountant
Dana Neghina
Florentina Rosu
Senior Accountant& Property Manager
Alexandru Gosav

Co-Shared Offices

Adval has developed a partnership with the Aspace brand offering high quality coworking offices with high level of services provided to a multitude of business owners, start-up business, small and medium enterprises and entrepreneurs across the city ( www.aspace.ro )

Bogdan Mariniuc
Investment Manager
Simona Chereciuc
Executive Assistant