News
Generali Investments signed the Agreement for the Acquisition of the First Property for the Generali Adriatic Value Fund II
(Ljubljana, 29 October 2025) – Generali Adriatic Value Fund II, a special investment fund and the second regulated real estate alternative investment fund (AIF) managed by Generali Investments, signed on 28 October 2025 an agreement with REITENBURG OBJEKT, posestna družba, d.o.o. for the acquisition of its first property – the Schellenburg office building. The acquisition is subject to the fulfilment of all contractual conditions and the receipt of all official approvals from the relevant state authorities.
The Schellenburg office building is located in a prime area in the centre of Ljubljana. The property lies in a well-developed, strategically accessible, and prestigious part of the city that combines excellent transport connections, advanced infrastructure, and proximity to key business and administrative hubs.

Jože Anderlič, director of REITENBURG OBJEKT, Melita Rajgelj Ozebek, president of the board of Generali Investments, and Marek Bečička, member of the board of Generali Investments, at the signing of the contract (from left to right)
On this occasion, Melita Rajgelj Ozebek, CEO of Generali Investments, emphasized: “We are pleased to have signed the agreement for the first acquisition of a commercial property for our new real estate fund, the Generali Adriatic Value Fund II, thereby continuing the successful story of our alternative real estate funds. This is the first acquisition in a broader portfolio of similar investments in the region, promising stable returns for the fund’s investors in the future.”

Schellenburg Office Building
The Generali Adriatic Value Fund II real estate fund is a special investment fund regulated under Slovenian law. The planned duration of the fund is eight years, comprising a two-year investment period followed by a six-year holding period. The fund is intended for investment in commercial real estate in Slovenia and Croatia – two markets with attractive growth potential, limited supply of commercial properties, and strong tenant demand, particularly in the office, hospitality, logistics, and retail sectors.
With the support and expertise of Generali Real Estate, a global specialist in real estate markets, the fund will invest in established properties and real estate projects with intrinsic value, growth potential, and stable income prospects in both the Slovenian and Croatian markets.