A complex property, handled for you

Asset Transformation Service is a consulting service for illiquid and outdated properties: we look for a new use and prepare the project for investors and buyers.

Apply for transformation

Terms are discussed after you apply.

After: REEF Restaurant Complex, Odessa, UkraineAfter
Before: REEF Restaurant Complex, Odessa, UkraineBefore
REEF Restaurant Complex, Odessa, UkraineFrom a hard-to-sell coastal slope to an operating multifunctional complexFounder's projects

How Asset Transformation Service works

A guided route from application to a closed deal — GREM manages every step.

  1. Application

    Provide property info: documents, photos, video, floor plan, target price.

  2. Contract

    We agree the scope of work and the terms, then sign the contract.

  3. Analysis & concept

    We analyse the property and market, develop the concept and highest & best use.

  4. Investment package

    Financial model, visualization, investment package and marketing materials.

  5. Promotion

    We offer the project to investors and buyers.

  6. Deal

    We support the negotiations and the closing of the deal.

The cost and terms of the service depend on the asset and are discussed after you apply.

From complex asset to investment product

Who the Asset Transformation Service is for, what it looks like in practice, and what you get in the end.

Who can use it

  • Individuals — property owners
  • Commercial companies and holdings
  • Developers
  • Banks and holders of distressed assets
  • Government and municipal organizations (auction preparation support)

What you get

  • Analysis of the asset and its market
  • A new-use concept and a financial model
  • The scope of work and the terms are set out in a contract
  • A search for investors and buyers, support in negotiations

Founder's projects

Projects and concepts by Telman Abbasov and his team: market analysis, concept development, investment structuring and project delivery. This is development work, not sales made through the GREM platform.

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REEF Restaurant Complex

REEF Restaurant Complex

Odessa, Ukraine2013 project

From a hard-to-sell coastal slope to an operating multifunctional complex

The client had been unable to sell a plot on a coastal slope for a long time: substantial bank-protection works were required, while lightweight buildings would have wasted a unique seafront location. We reworked the highest-and-best-use strategy, developed the concept of a yacht-shaped complex, found an investor, cleared the permits and ran the construction.

Land plot
800 m²
Total area
4,000 m²
Built in
54 days
Sapphire Residence

Sapphire Residence

Repina St. 1B, Odessa, UkraineBuilt

From market analysis and an idea to a delivered residential project

This project did not start with land. We studied the Odessa housing market, identified an under-served format and built the product first: positioning, architecture, apartment mix and a financial model. Only then did we look for a site, adapt the concept to it and bring in the investor and the developer. The result is a gallery-type club house of red brick with 48 apartments, its own park, a pool and underground parking, a 10-minute walk from the sea.

Format
Club house, 5 floors
Apartments
48
Team role
Concept → site → investor → developer
DoubleTree by Hilton Odessa

DoubleTree by Hilton Odessa

Odessa, UkraineInterior finishing stage

Full value-creation cycle: from the «Uyutnaya» hotel to an international brand

The owner of a small operating hotel decided to scale the business. We ran the highest-and-best-use study and the hotel-market analysis, supported the acquisition of the adjoining site, provided legal support, selected the architectural and construction companies, negotiated with Hilton Group and secured a preliminary agreement — turning a local hotel into an international-brand complex.

Total area
11,000 m²
Floors
8
Team role
Analysis → land → brand → delivery
Century Tower

Century Tower

Larnaca, CyprusPlot sold

Mixed-use investment development

Century Tower is a concept for a mixed-use complex in Larnaca: two towers of 20 and 14 floors on Makariou Avenue, 400 m from the beach and 550 m from the marina. Retail on the ground floor, offices on floors 2–5, apartments above and a rooftop restaurant convertible into a penthouse — with hotel-grade services for residents. The team developed the concept, and the plot was sold with it.

Land plot
3,329 m²
Total area
20,294 m²
Floors
20 & 14

Apply for transformation

Tell us about the property. The GREM team will receive your application, review the property and contact you to discuss whether the service fits and on what terms.

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