Introducing AG Capital’s New Advisory Board Members 

AG Capital is delighted to announce the latest members joining our Advisory Board, established earlier in 2023, within our corporate strategy and vision for achieving a growing and successful presence in the countries from the Central and Eastern European (CEE) region.

From left to right: Lahlou Khélifi, Georgi Pavlov, Christo Iliev, Robert Martin and Dimitar Savov 

Bringing together both external non-executive members, and internal professionals with a wealth of knowledge and entrepreneurial drive, AG Capital’s Advisory Board is aimed at navigating and supporting the strategic business development of our group of companies, as we continue to grow and develop our operations in new countries.  

We are therefore pleased to introduce Lahlou Khélifi and Robert Martin, as our newest members, joining Georgi Pavlov and Dimitar Savov on AG Capital’s current Advisory Board. With their diverse and long-standing expertise and experience in real estate, asset management and investment, achieved across different countries and regions, they will be working closely with our Leadership team to enhance the next level of our development with bespoke knowledge, critical thinking and professional consultancy on complex and multifaceted issues. 

Lahlou Khelifi, Non-Executive Member of the Advisory Board

Lahlou Khélifi is an investment banker specialised in Real Estate with 30-year experience in Investment, Asset Management, M&A, and Development, mainly in Europe, but also in South America, Asia and Africa. He has been working for companies such as Goldman Sachs, Doughty Hanson, Lazard and others.

Throughout his career, Lahlou has been involved in transactions exceeding € 3 billion in property disposition and 250,000 sqm of successful office developments. Notably, he has played a key role in the €3 billion France Telecom deal.

Lahlou holds a professional degree in Urbanism from “Sciences Po” in Paris and an MBA from INSEAD, where he also teaches the Real Estate elective. He has been awarded France’s academic honour, Knight in the Order of the Academic Palms, for his dedication to professional education.

Robert Martin, Non-Executive Member of the Advisory Board

Robert was a co-founding Partner and a member of the Investment Committee at Europa Capital until September 2023.  At Europa, Robert was the Head of Investments and therefore managing acquisitions and origination across Europe but with particular oversight of Central Europe where he invested for Europa Capital for over 25 years.

Robert is a Member of the Royal Institution of Chartered Surveyors and received a BSc in Land Management from Reading University, and an MBA from the University of Cape Town, South Africa.  

Current Advisory Board Members 


Georgi Pavlov, Vice Chairman of AG Capital and Chairman of the Advisory Board

Georgi Pavlov began his career in the heavy manufacturing industry. In 2006 he joined the AG Capital team as Board Member and CEO.

In 2011 he became CEO of Address Real Estate, managing and contributing to Address’s growth and threefold increase in market share. He was elected AG Capital’s CEO of the year in three consecutive years (2012, 2013 and 2014). A renowned expert in PropTech, Georgi Pavlov is the founder of 3P1 and also founder and main contributor to the community in Bulgaria.

Georgi Pavlov, ACCA, holds a Master’s Degree in Mathematics and Business Administration.

Dimitar Savov, Board Member of AG Capital, Executive Member of the Advisory Board, CEO of BLD

Dimitar Savov, MRICS, joined Address in 1999. His career path features various executive positions within AG Capital – Finance Manager of Address

Real Estate, Chairman of the Board of Directors of Address Invest and has since 2006 served as CEO and Managing Partner of BLD and AG Capital Board Member. He was elected AG Capital’s CEO of the Year for 2016.

For over 15 years Dimitar Savov has been highly dedicated and played a key role in growing, positioning and retaining BLD as a definitive and successful leader in Bulgarian residential development.

Dimitar Savov holds a Bachelor’s Degree in Banking and a Master’s Degree in Finance from the University of Economics in Varna.

A warm welcome to our new Advisory Board members, we are really grateful and honoured to have them onboard. With their precious support, we look forward to an amazing journey together, shaping our vision for the CEE region!

The AG Capital Team