Actual property group using bond wave replaces prime managers – Seznam Zprávy

Main adjustments in personnel are happening at actual property group YD Capital. They’re related to the roles of govt director, finance director, head of building and director of selling. YD Capital has been energetic in the actual property marketplace for 4 years. The group manages its affairs with a excessive degree of debt. Solely by way of bonds he acquired greater than two billion crowns from buyers.

“We’ve up to date the organizational construction of YD Capital in step with the administration of vital tasks underneath administration, in addition to particular acquisitions that we’re finishing this yr,” stated Pavel Rydzyk, proprietor and CEO of YD Capital, in an interview with SZ Byznys.

After two years, Marek Zouvala, who beforehand led the Benzina fuel station model at Unipetrol, is leaving the place of govt director of YD Capital. He initially joined YD Capital on a one-year contract. He later prolonged the contract indefinitely.

“Firstly of the yr, we agreed that we might steadily transfer to a unique organizational construction. On this context, Marek Zouvala is leaving the group,” stated Rydzyk, head of the group.

The second main change within the firm is said to the place of monetary director. Tomáš Jagelský will substitute Tomáš Paulík on this submit. His best expertise thus far is managing the group’s actual property challenge at PPF in Moscow. Jagelský labored there till 2018.

One other information at YD Capital is the departure of the present head of property, Aleš Filipenský. Final however not least, the advertising and marketing director was changed within the group. This new position might be held by David Lysek. Jiří Juránek, the present head of selling of the holding, devotes himself to different actions within the group.

This yr and subsequent yr, YD Capital should repay the principal and the curiosity from the bonds within the quantity of round half a billion crowns. In 2026, the corporate can have repayments of greater than a billion crowns. The group intends to repay its debt primarily from the cash acquired from the sale of its properties, that are valued by, for instance, growth.

The most recent figures of YD Capital about its financial scenario can be found for the yr 2022. At the moment, the group had overseas assets within the quantity of two.6 billion crowns. Most of this quantity was bonds.

In response to his personal knowledge, the property’s property ought to have been as much as 3.3 billion crowns the earlier yr. Which means the corporate’s debt to asset ratio was round 80 p.c. YD Capital guarantees to publish consolidated figures for 2023 in June.