AEQUO Advises Allrise Capital Inc. on the Acquisition of a Large Pool of Real Estate Assets

AEQUO has advised Allrise Capital Inc., a U.S.-based investment firm with a diverse portfolio in real estate, venture capital, and special situations. Known for strategic investments in both established and emerging markets like Ukraine, Allrise Capital's projects range from residential developments in California to blockchain ventures through Merkle Standard. The firm also owns key assets like the Chornomorets Stadium in Odesa and invests in artificial intelligence. A major focus is sports, especially women's football, with the company establishing the first football academies for girls in Ukraine and making the Seasters team a flagship project. This latest acquisition of loans and real estate assets from the Deposit Guarantee Fund (DGF) further underscores Allrise Capital's commitment to regional stability and growth. 

The assets were acquired from the DGF as a result of an auction where the assets of three Ukrainian banks, being liquidated by the DGF, were put for sale. The assets included a number of secured loans, as well as real properties that were originally mortgaged and then repossessed by the banks. Such properties included a business center in Odesa, as well as the assets adjacent to the Chornomorets stadium. 

This transaction represents a continuation of AEQUO’s successful representation of Allrise Capital Inc. back in 2020, where the firm advised the client in connection with the acquisition of the “Chornomorets” stadium in Odesa from the DGF in the course of the DGF auction. 

Yulia Kyrpa, executive partner of AEQUO, chairing Finance & Real Estate practice groups of the firm commented: “While we are beginning to see a careful reemergence of new money deals in Ukraine, it was remarkable to support Allrise Capital in this transaction, being one of the very first direct foreign investments in Ukraine. We are thankful to Allrise Capital for their commitment to Ukraine, continued investments despite the ongoing war, and support of many charitable and humanitarian initiatives in Ukraine, especially in the Odesa region, which is profoundly affected by the war. We are also pleased to have assisted with the purchase of the assets from the DGF, as completion of this transaction will allow the DGF to proceed with the timely winding up of insolvent banks, thus contributing to the stability of Ukraine’s banking system.” 

Mikhail Trubchik, COO at Allrise Capital Inc., remarked: Mikhail Trubchik, COO at Allrise Capital Inc., remarked: “Our belief in Ukraine's potential is unwavering. Just a few months after the full-scale invasion began, we founded a professional women's football team, the Seasters. Now, we are dedicated to supporting the growth of the entire sports sector and helping it reach new heights. We invite investors from around the world to look at Ukraine as a unique opportunity right now. Despite the challenges, Ukraine has much to offer international investors, and the country's future prospects are very promising. The sooner we start investing, the sooner we will see results.' 

Aequo’s team was led by executive partner Yulia Kyrpa and included Senior Associate Yevheniia Chernetsova and Associates Dmytro Shudrenko and Kostyantyn Dovhan. 

Client: Allrise Capital
Industry: Real Estate and Construction
Practice: Real Estate and Construction