The project emerged when Martin Nielsen and Avantum were approached by the actual property owners in the need of resolving the actual situation in which the project found itself; 15 units of 200 m2 in the urgent need to withstand the market trend another 3 - 5 years in order to revalue and regain the financial loss the real estate developers had suffered from during the economic recession between the year of 2008 and 2015.

The solution presented by Avantum was the development and management of a high end serviced apartments establishment that would raise enough annual revenue in order to increase the value of the development making it sellable at the adequate price once necessary. Being a company that could present a fully integrated ‘turn-key’ solution with direct sales channels open towards the Scandinavian, Russian and British markets, an investment proposal of 400,000.00 € was presented by Avantum to the owners in order to develop the project and raise necessary revenue.

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