Thirty-five years of building.
Six countries.
One exit.
A pioneer by instinct. Built in markets that had no rules, sold in full ahead of the 2008 crash and spent the years since on what comes after.
The Record
Between 1991 and 2008, Paul built one of Central and Eastern Europe’s most significant integrated property businesses, built across Estonia, Latvia, Lithuania, Poland, Ukraine and Russia. Sold in full in 2008, ahead of the global financial crisis.
What I do
Beyond The Platform
BACKGROUND
The Operator
Paul Oberschneider has built and sold businesses across Central and Eastern Europe for thirty-five years, operating through multiple emerging markets and several capital cycles.
He founded Ober-Haus and built it into one of the largest fully integrated property development and investment companies in the region — 35 offices across six countries, some 650 people, and separate operating businesses in brokerage, development, mortgage lending and advisory. The group developed and held shopping centres, residential schemes at scale, boutique hotels and commercial estates, and he raised capital for them from institutional investors, private equity and family offices. The businesses were sold, in full, in early 2008 — ahead of the crash.
After 9/11, when his private equity partners panicked and instructed a wind-down, he bought them out instead with money he did not have. That decision is the reason there was anything to sell.
He got sober in September 1986. Every company he built came afterwards.
Today he is Chairman of Hilltop Capital Partners, a European real estate credit and equity platform, and works between London and Sotogrande. He takes board seats, advises founders and management teams, and invests selectively alongside operators he knows.
Paul is an advisor, investor and international speaker. He sits on boards and works with founders and management teams through the decisions, invests alongside operators he knows and trusts and shares his knowledge and experience at conferences and private events on building in markets with no rules, timing an exit and the reality of being a founder.
Jump into the cold water. Swim for the stick. Keep doing it regardless of the temperature.
FROM THE MANUSCRIPT, COMING CLEAN
Every Wednesday
View From The Top
One note, every Wednesday, written by Paul.
European real estate, institutional capital, and market structure.