Bridging public planning and private execution—so complex projects actually get built.

DBS delivers M&A, corporate restructuring, real estate transactions, and interim leadership for developers, municipalities, and investors across Central & Eastern Europe. €500M+ founder career track record. 20+ years across CEE.

Start the conversation We'll respond within one business day.

Founder executive track record

Selected DBS-era mandates

When regulation, community interests, and return targets misalign—projects stall.

DBS aligns decision-makers, maps the regulatory path, and puts governance and reporting in place so momentum becomes sustainable and defensible.

Core Expertise

Real estate development & asset management • Structured & project finance • M&A and restructuring • Interim executive leadership • Public-private partnerships

Strategy & Feasibility

Market/regulatory feasibility, scenarios, and board-ready business cases

  • Market and regulatory feasibility analysis with scenario planning
  • KPI baselines and risk registers for investment decisions
  • Board-ready business cases with financial projections
  • Multi-stakeholder impact assessments

Regulatory & Compliance Navigation

Zoning/land-use assessments and approval pathway mapping

  • Comprehensive zoning and land-use compliance assessments
  • Regulatory approval pathway mapping with timeline projections
  • Documentation packages that withstand public-sector and lender scrutiny
  • Ongoing compliance monitoring and reporting

Recent applications span mixed-use development approvals (SK), municipal transportation compliance (HU), and PE acquisition due diligence (CZ).

Stakeholder & Public Process

Structured engagement frameworks that reduce objections and delays

  • Stakeholder mapping with decision-rights analysis
  • Facilitated engagement sessions with transparent issue tracking
  • Consensus-building frameworks that balance competing interests
  • Public process management with documentation trails

Work ranges from community engagement for large residential developments to cross-border institutional stakeholder alignment.

Financial Structuring & Reporting

Capital stack design, lender packs, and investor reporting

  • Capital structure design and scenario modeling
  • Bank-ready financing packages with covenant frameworks
  • Investor reporting dashboards with monthly cadence
  • Portfolio-level KPI tracking and variance analysis

Structures developed for development financing, acquisition financing, and portfolio management across real estate and infrastructure.

Implementation & Interim Leadership

Operating model design, vendor orchestration, and delivery governance

  • Operating model design and organizational setup
  • Interim leadership for transformation initiatives
  • Vendor selection, contracting, and performance management
  • Project delivery governance with OKRs and dashboards

Engagements include post-acquisition integration, country operation establishment, and turnaround management.

How We Work

A universal framework that serves developers, municipalities, and investors with clarity and predictability.

01

Map Stakeholders & Risks

Identify all parties with decision rights, interests, or influence—then catalog blockers, dependencies, and risk triggers before they derail momentum.

02

Define Regulatory Pathway

Chart exact approval sequence, evidence standards, and realistic timelines across zoning, environmental, financial, and public-process requirements.

03

Design Financial Architecture

Model scenarios, establish KPIs, structure capital stack, and create covenant frameworks that satisfy lenders and investors while maintaining operational flexibility.

04

Engage & Align

Run facilitated workshops, manage public process, maintain transparent issue logs, and build consensus that reduces objections and accelerates approvals.

05

Implement & Govern

Establish OKRs, deploy dashboards, maintain reporting cadence, orchestrate vendors, and hand over sustainably to internal teams.

Track Record

€500M+ founder career track record across residential development, commercial real estate, M&A, corporate restructuring, and public-sector advisory — spanning 20+ years across Central & Eastern Europe.

Flagship Project

Koloseo Bratislava — 711 Units, €80M+

Challenge

Deliver one of Slovakia's largest single-phase residential developments on time and on budget — conversion of a landmark structure into a premium residential complex.

Role & Approach

  • CEO with full P&L responsibility for BZ Group
  • Managed acquisition, planning, permitting, construction, sales
  • Built cross-functional delivery team with clear decision rights
  • Established board reporting and lender coordination frameworks

Results

  • 711 apartments developed, built, and sold in under 3 years
  • Delivered on time and on budget
  • 95%+ sell-through achieved
  • ~20% IRR for shareholders
711 Units Delivered
€80M+ Project Value
95%+ Sell-through
~20% IRR

HB Reavis CEE/SEE Portfolio — €150M+ Pipeline

CEO for the SEE Region (2007–2013). Established fully operational country offices across Hungary, Croatia and Serbia; managed acquisitions, development pipeline, financing, operations, and teams.

  • Direct negotiations with banks, municipalities and JV partners
  • Zagreb Landmark 25,000m² office tower planning
  • Achieved city plan amendment through assembly

Private Investment Group — Multi-billion CZK Portfolio

Senior Investment Manager / Asset Manager mandate. Portfolio financing, asset repositioning, development oversight, and standardization of decision frameworks.

  • Structured financing (loans, SPV, equity)
  • Owner-side reporting and asset repositioning
  • Brownfield project oversight and repositioning

LuxVet CEE — Veterinary Platform Build-out

Appointed CEO (2022–2023) to establish a cross-border veterinary consolidation platform in CZ & SK for a private equity investor.

  • Built governance and operating model
  • Acquisition framework for 100+ clinic network
  • Scalable M&A and integration methodology

ColosseoEAS — Crisis Management & Turnaround

Interim COO (2017–2018). Stabilized operations and rebuilt stakeholder confidence during a demanding transformation period.

  • Operational turnaround delivered
  • Governance redesign & ISO-based systems
  • Restored lender and shareholder confidence

Government of Slovakia — Ukraine Recovery Framework

Advisor to PM Ľudovít Ódor (2023). Design institutional investment framework for Slovakia's participation in Ukraine reconstruction.

  • €100M+ public-private investment framework
  • Coordinated ministries & EU partners
  • Framework approved in 2023

K CERO Invest — Portfolio Advisory

Continuous advisory (2020–2025) on feasibility, pricing, exit strategy, and asset-by-asset decisioning across a diverse Slovak portfolio.

  • Residential, land, and commercial assets
  • Exit strategy and pricing optimization
  • Asset-by-asset divestment execution

Čerešňová Alej — Residential Project Financing

21-unit residential development near Trnava (2021–2022). Complete project financing lifecycle management.

  • Organized competitive bank tender
  • Structured construction loan
  • Managed drawdown through completion

The Bridge Advantage

Public × Private Fluency

We translate investor priorities into community benefits—and regulatory constraints into bankable plans. Most consultants serve only developers or only municipalities. We operate at the intersection.

Governance First

Clear decision rights, dashboards, and compliance frameworks reduce friction, minimize politics, and accelerate approvals. Our structured approach creates transparency that builds confidence.

Execution Credibility

Institutional-grade documentation for boards, lenders, and regulators. Delivery governance that stands up to scrutiny. Every engagement produces defensible, audit-ready work products.

2026 Data Center Research

Data Center Intelligence for Serious Investors

Institutional-grade research for property developers, infrastructure funds, and lenders. Complete a brief form to access all reports.

Latest Release

Data Center Industry Research Report

Q1 2026 | 16 pages | IC-ready

  • Global capacity & demand analysis
  • Capital flows & valuation trends
  • AI/ML infrastructure requirements
  • Sustainability & ESG considerations
Get Report
Regional Deep-Dive

CEE Data Centers: The Growth Frontier

Market Analysis | 45 pages

  • Poland, Romania, Baltics market deep-dive
  • Energy grid & pricing analysis by country
  • Hyperscaler activity tracking
  • Investment thesis & risk factors
Get Report
Real Estate Focus

Data Center Real Estate & Land Development in CEE

Developer Perspective | 48 pages

  • Land acquisition strategies & pricing
  • Brownfield conversion opportunities
  • Zoning & permitting frameworks
  • FLAP-D overflow dynamics
Get Report
Verified Sources
Tier 1 Sources
IC-Ready Format
Developer/Investor Lens
Dávid Bořuta, Managing Partner & Founder at DBS Development & Consulting

Dávid Bořuta

Managing Partner & Founder

Strategic executive with 20+ years leading investments, M&A, and corporate transformation across Central and Eastern Europe. Dávid's career track record includes €500M+ in transactions, multi-billion CZK portfolio management, and delivering Slovakia's largest residential project (711 units).

Selected Roles

2015 – Present

DBS Development & Consulting – Managing Partner / Founder

Boutique advisory firm: M&A, corporate restructuring, real estate transactions, and interim management across CEE. Selected mandates include LuxVet CEE, ColosseoEAS, and Prangl.

2023

Advisor to Government of Slovakia

Designed €100M+ institutional investment framework for Ukraine recovery. Framework approved in 2023.

2007 – 2013

HB Reavis – CEO, South East Europe Region

Ran fully operational offices across Hungary, Croatia, and Serbia. €150M+ acquisition and development pipeline across three markets.

2004 – 2007

BZ Group – CEO

Delivered Koloseo Bratislava — one of Slovakia's largest single-phase residential developments (€80M+, 711 units, ~20% IRR).

Education

MSc Health Services Management – Semmelweis University

Ing. Economics, Finance & Banking – University of Economics Bratislava

ITIL • PRINCE2 • Agile SCRUM • FranklinCovey Leadership

Languages

Czech, Slovak (C2) • English (C2) • German (C1) • Croatian (C2) • Serbian (professional)

Ing. Katarína Činčurová, Project Manager — Development & Delivery

Ing. Katarína Činčurová

Project Manager — Development & Delivery

Construction-trained project manager with hands-on experience across hospitality, mixed-use and residential development. Her work spans project preparation, construction delivery, tenant handover and completion management.

Selected Experience

2020–2021

AC Hotel by Marriott Bratislava Old Town — Project Delivery

Led the reconstruction and brand conversion of the former Austria Trend Hotel Bratislava into AC Hotel by Marriott Bratislava Old Town.

2005–2013

BZ Group — Development & Project Management

Managed investment and construction projects including the original Austria Trend Hotel Bratislava and Fresh Market. At Koloseo, she led apartment sales, completion and client handover.

Education

Ing. in Construction Economics and Management — Slovak University of Technology in Bratislava

Doctoral studies in Construction Project Management — Slovak University of Technology in Bratislava

Project-management studies and turnkey-construction practice in Germany

Who You'll Work With

Ing. Dávid Bořuta, MSc., Managing Partner & Founder at DBS Development & Consulting

Ing. Dávid Bořuta, MSc.

Managing Partner & Founder

20+ years in M&A, real estate and interim leadership across CEE. Former SEE Region CEO at HB Reavis and CEO at BZ Group. €500M+ founder career track record.

Ing. Katarína Činčurová, Project Manager — Development & Delivery at DBS Development & Consulting

Ing. Katarína Činčurová

Project Manager — Development & Delivery

Construction-trained project manager with experience across hospitality, mixed-use and residential delivery. Selected projects include Austria Trend / AC Hotel by Marriott, Fresh Market and Koloseo.

Let's de-risk your next decision.

Send 2–3 lines about your project or challenge. We'll respond within one business day.

Managing Partner

Dávid Bořuta

Strategy & Leadership

Project Manager

Ing. Katarína Činčurová

Development & Project Delivery

Registered Seat

DBS Development & Consulting s.r.o.
Konviktská 291/24
Staré Město, 110 00 Praha 1
Česká republika

Offices

CZ: Šumavská 30, Vinohrady, 120 00 Praha 2, Czech Republic

SK: Lubinská 8, 811 03 Bratislava, Slovakia

We'll respond within one business day

Tell me about your project

Share a few details about your situation and we'll respond within one business day with initial thoughts on how we can help.

Start a Conversation →

No spam. Your details are used only to respond to your inquiry. We respect your privacy.