when it all aligns

strong real estate ideas deserve disciplined execution

aligns

strong real estate ideas deserve disciplined execution

Real estate projects lose value when capital, management, and construction work separately. We bring them together around one investment strategy.

properties
tracked

from land to keys

across the platform

One thesis, segregated project finances, and one accountable decision chain—from capital to completion.

Allea VC Partners

Vienna

Provides the capital structure, governance, compliance framework, and portfolio oversight developed through more than a decade of institutional asset management.
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Allora Capital

Limassol

Turns market evidence into an investment thesis, then manages the commercial, financial, and development decisions required to carry it through.

Weltbau

Limassol

Converts the investment case into a buildable, cost-controlled reality, with transparent procurement, reporting, and construction delivery.
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What we do

Discipline at every stage. From sourcing a single asset to delivering a full development, every decision is tested against the investment case.

Strategy & Capital Structuring

Define the investment thesis, downside case, return thresholds, and capital structure.

01

Asset Selection & Due Diligence

Screen the market, test key risks, and reject assets that do not hold.

02

Product Strategy & Creation

Turn market evidence into the right concept, positioning, unit mix, and pricing.

03

Development Management

Manage design, permitting, procurement, and costs against the original underwriting.

04

Construction Delivery

Deliver transparent tendering, quality control, cost reporting, and construction oversight.

05

Commercialisation, Asset Management & Exit

Bring the product to market, manage performance, and execute the planned exit.

06

Projects

Built from the thesis outward. Each project begins with a market need, then aligns product, capital, and delivery around it.

Versante

in development

A gated villa community combining calm, family amenities, and easy access to Limassol and its private schools.

  • Gated villa community near Limassol
  • Quiet village setting for families
  • Family amenities and private-school access
  • Thoughtful homes for everyday living

ALTO + RIVA

in development

Two private residences at the resort’s highest point, designed around panoramic views, privacy, and year-round living.

  • Two private residences at Aphrodite Hills
  • Elevated position with panoramic views
  • Private settings within the resort
  • Designed for year-round island living

Codename ELVE

investment opportunities

A low-density community of villas and townhouses for families seeking space in one of Limassol’s established residential areas.

  • Low-density villas and townhouses
  • Established residential area in Limassol
  • Product designed for family living
  • Investment opportunity now available

Codename Stoa

investment opportunities

Flexible, managed commercial space bridging the gap between expensive city offices and outdated suburban industrial estates.

  • Flexible space for modern businesses
  • Professionally managed commercial environment
  • Located near the City of Dreams resort
  • Alternative to city office locations

Plot Analysis

A plot is not an investment case. Test its planning potential and economics before you commit.

Express Feasibility

Standardised product scenarios tested for a quick planning and financial go/no-go.

48-Hour Memo

Human-reviewed scenarios, economics and feasibility.

Allora Team

Nikita Pestrikov, CFA

Partner | Investment & Capital Markets

CFA Charterholder. MSc Economics (Honours), University of Edinburgh. 10+ years in corporate finance, financial analysis, and investment performance. Leads capital structuring, financial modelling, investor relations, and market analytics across the platform.

Katerina Kurlovich

Partner | Commercial Strategy

BA Economics (Int'l Investments), BSEU. 15+ years in real estate advisory and business development across Cyprus, Russia, and international markets. Leads commercial strategy - positioning, go-to-market, partnerships, and the investor-facing narrative from concept through exit.

Alexander Yakovlev, MRICS

Partner | Project Direction

MRICS. 16+ years in real estate development and construction project management. Former Managing Director at Allea Group, leading five concurrent projects exceeding €500M. Previously DTZ and CBRE (Moscow). Leads project delivery across the platform from land to completion.

Dmitry Pryanishnikov

Partner | Central Europe

18 years in real estate investment, fund management, and portfolio strategy. Leads Allea Austria as CEO, overseeing €200M AUM - investment structuring, execution, governance, and reporting. MSc Finance & Credit, Finance Academy of the Russian Federation. RICS qualified.

Alexander Berezhnyy

Partner | Construction Direction

16 years in development across all project lifecycle stages. Delivered 10,000+ sqm residential in Cyprus and 450,000+ sqm at one of Russia's largest developers. Leads on-site execution, contractor coordination and commissioning.

Ekaterina Novozhenova

Architect

Specialized in medium to large-scale BIM design within residential and social architecture, with 40+ completed projects. Manages the full architectural scope of each development - from concept to construction-ready documentation.

Analytics by Allora

Evidence before opinion. In a market shaped by listings, rumours, and exclusives, decisions should rest on transactions. We publish the data and reasoning behind our view.