Octava Property Trust (OPT)
- Octava Property Trust is a portfolio of almost 20 office and retail assets, with the total GAV of cir. € 250m and annual rental income of almost €20m. The portfolio’s GLA is ca. 200k square meters.
- Onyx built the OPT portfolio through an acquisition of underperforming assets between 2014 and 2017.
- Since taking over, the individual assets have been re-commercialised and recapitalized.
- OPT is majority owned and controlled by the Elliott Group
Octava S.A. (Octava)
- Octava was Warsaw-listed in 1997 as a privatization and restructuring fund. It has been managed by the members of the Onyx team since 1994.
- Presently Octava owns/controls 3 active real estate projects, including one turn-around mixed use project and two commercial developments.
- Since its inception, Octava restructured over 30 corporates and implemented developments of cir. 100k square meters of commercial and residential properties.
- Since its inception, Octava has distributed to its shareholders ca. $200m through dividends, buybacks and redemptions
