Capital Bay establishes Luxembourg corporation

The owner-managed, investment, asset, property and facility manager and property developer said it was positioning itself for the capital market with this step, bringing together the three companies Capital Bay Fund Management SARL, Capital Bay Real Estate Management GmbH and Capital Bay Technology GmbH under the umbrella of Capital Bay Group.

'We are increasingly operating on a pan-European basis and work predominantly with international investors. They expect a professional and capital market-ready corporate organisation and management,' said George Salden, CEO of Capital Bay Group.

'The new Capital Bay structure and the parent company Capital Bay Group SA provide us with the adequate foundation and thus the prerequisite for dynamic development and our further corporate growth.'

Capital Bay Fund Management focuses on the fund business, developing fund strategies and structuring and launching the alternative investment funds and separate accounts managed by Capital Bay. Capital Bay Real Estate Management is responsible for real estate management. This includes transaction, asset, property and facility management.

Since the company was founded, Capital Bay has also relied on digital solutions from proptechs to automate and accelerate the real estate transaction process. These digital solutions are bundled under Capital Bay Technology.

'Completed by the brand world of our exclusive cooperation partner 360 Operator GmbH–provider of diverse operator concepts, from student to nursing homes–we offer a unique overall package of innovative investment products, service and know-how in particular to our international investors,' Salden said.

Capital Bay Group is managed by an executive board and a supervisory board. The members of the executive board include George Salden (CEO), Rolf Engel (CFO) and Rolf Schneider (COO). Capital Bay said it was currently in in-depth discussions regarding the composition of the Supervisory Board.