ADHA commenced its business in 1990, just after the transformations in Poland.
One of the key business assumptions was to respond to the constantly changing needs of the market and to quickly adjust the business profile to meet them.
The constitution-based restoration of the ownership right brought about the need to recover the real estate market quickly with a full range of services: management, agency, appraisal, advisory, etc.
ADHA expeditiously focused its business profile on that segment of the economy. As early as in 1993, the first contract was concluded in the US for the management and administration of 7 buildings, that were privately owned, but the legal status was not, however, 100% certain.
The goal of the company was to have the ownership title of those real properties fully cleared, to renovate the ruined buildings and to increase their profitability.
Perceiving a huge demand for that type of services, the company predominantly focused on recovering lost real properties, searching for the owners and documents confirming the ownership title, renovation, management or sale, in line with expectations of the commissioning parties. These services have been the focal point of the company's business till today.
Over time the company started its own investment business in the real estate market, which consisted in purchasing developed real estates and land, commercialisation, and their further resale.
After graduating from the Faculty of Engineering at the Rzeszów University of Technology, he worked in a trade and service state-owned enterprise WPHW-Przemyśl for over 15 years where he held managerial positions managing the real estates owned by that enterprise.
Besides the main task which consisted in the provision of assistance in recovering lost properties, managing, or selling them, He is also involved in the process of restoring, granting, and certifying Polish citizenship, especially to foreigners who have Polish roots.
After graduating from the Faculty of Engineering at the Rzeszów University of Technology, he worked in a trade and service state-owned enterprise WPHW-Przemyśl for over 15 years where he held managerial positions managing the real estates owned by that enterprise.
Besides the main task which consisted in the provision of assistance in recovering lost properties, managing, or selling them, He is also involved in the process of restoring, granting, and certifying Polish citizenship, especially to foreigners who have Polish roots.
The qualifications and 40-year professional experience also enable him to provide advisory services concerning the real estate market and to estimate the investment risk in that segment of the economy.
He has been equally successful in running investments on his own account. These consist in the purchases of real estates, their restoration and management, or their further resale. He also has experience in the commercialisation of developed real and land estates.
The conceptual project of a hotel in Warsaw, at Ząbkowska Street, which was implemented in 2008-2009. This was completed on a plot of land developed with a pavilion and which was entered into the register of class 0 historical buildings.
The most serious obstacles in the process of obtaining a land zoning decision included:
1. Plot being developed with a historical building,
2. Two-storey underground car park set on geologically unstable ground,
3. Doubtful technical condition of adjacent load-bearing walls.
For the purpose of obtaining the land zoning decision it was necessary to:
1. obtain approval of the historical monument inspector. The positive decision was obtained as the result of a compromise consisting in the restoration and maintenance of the historical pavilion within the planned development.
2. perform geological examinations on the site.
3. perform examinations regarding the condition of the structures of the neighbouring buildings.
Reports prepared by geological and construction experts allowed the risks of potential threats to be reduced to a minimum at the conceptual stage.
In December 1998, ADHA purchased a plot of land with an area of 530 sq. m. located in Kraków, at Kalwaryjska Street. This is a 3-floor building with an outbuilding with a usable area of some 1,000 sq. m. The building, with a small area of commercial premises on the ground floor, was ruined. The building's wear and tear was 70% and a construction collapse risk was real.
While seeking to increase the building's profitability the following actions were carried out:
• renovation works in the entire building,
• adaptation of the attics for commercial and housing premises,
• expansion and deepening of the basement to have them adjusted for a catering facility,
• expansion of the ground floor to increase the commercial space,
• long-term, market-based lease contracts were concluded maintaining a slight level of vacancies at 5%.
The above actions resulted in the growth of the market value of the building from PLN 1,200,000 in 1999 to PLN 13,500,000 in 2013.
