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AGM Material (2025)

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AGM Material (2025)

welcome

Relax & Enjoy hassle-free Real Estate Investment, via 

Mantra 2 Real Estate. 

We are focused on becoming one of Canada’s leading Real Estate companies, with assets across Europe.

Our Vision includes contributing to the country’s most iconic

& transformative Tourism projects.

We invest with purpose, embracing creativity, passion and innovation, to deliver strong returns, while positively impacting the communities and the Country we build in.


 The Team' has a proven track record for its ability to source, structure and execute on compelling investment opportunities.  

Find out more

Mantra 2 Real Estate

Mantra 2 Real Estate Inc. ("Mantra Real Estate" and/or the "Company") is focused in the Real Estate Development sector, including Casino-Entertainment/Destination-Resorts (focus - Croatia). The Company is led by an accomplished, successful, and entrepreneurial business team operating under high standards of business conduct to build shareholder value. 


The Company is continuing to diversify its asset portfolio via timely value-driven project acquisitions. Acquisition timing of Land for Development, Commercial Real Estate, Hotels, Destination Resorts & Casinos, especially in the current and cyclical real-estate markets is opportune.


 *Note: Futura Capital Ltd. is assisting the above company in "Exploring the World for Projects of Tomorrow".   

INVESTING WITH THE FUTURE IN MIND

FORWARD THINKING KNOWLEDGE & EXPERTISE

INVESTING WITH THE FUTURE IN MIND

We consider every investment to be one for the future. Our investment philosophy is that we target long-term appreciation and cash flow in our asset allocations.


 From a project’s infancy, right through to completion, we combine contemporary approaches to construction and architecture with creative financial planning, effective partnerships and a cohesive strategy.   

THE FOREFRONT OF CHANGE

FORWARD THINKING KNOWLEDGE & EXPERTISE

INVESTING WITH THE FUTURE IN MIND

We believe in the value of Real Estate & Development, our goal is to deliver strong total returns to its shareholders through secure cashflows underpinned by its high-quality portfolio and investment grade balance sheet as well as driving growth in its net asset value and cash flow.

FORWARD THINKING KNOWLEDGE & EXPERTISE

FORWARD THINKING KNOWLEDGE & EXPERTISE

FORWARD THINKING KNOWLEDGE & EXPERTISE

We seek to empower businesses, offer guidance, expertise, and  capabilities for sustainable long-term success. 

With our experience and expertise in the Real Estate & Development space, we help bring great ideas and original products to global markets by providing structural financing, strategic guidance, infrastructure support and more. 

who we are

CREATING REAL ESTATE WEALTH

Mantra 2 Real Estate Inc., is an exclusive opportunity to invest with this trusted team of real estate professionals in a portfolio of primarily residential development projects focused in Croatia, Europe's most sought after markets with exceptional growth potential. 

  

Mantra 2 Real Estate stays above the curve when it comes to real estate – first we look to  achieved success by investing in a variety of income producing properties, including residential, vacation, rental and commercial properties and projects. Now is your opportunity to invest with a company who has a proven and trusted real estate investment track record and enjoy the benefits of passive real estate investing.


We are a real estate fund pools capital to invest in real estate, and in this case, specifically development projects. The fund then collects the income and profits earned and passes that onto investors as a return.

Learn More

With our experience and expertise in the  Real Estate & Development space, we help bring great ideas and original property assets to global markets by providing structural financing, strategic guidance, infrastructure through a public listing on the Stock Exchange. 

Meet the Team

what we do

OPERATIONS

VENTURE CAPITAL

VENTURE CAPITAL

Proven ability to raise capital and engage value adding investors.  Allowing an efficient raise of  capital that supports your business growth.   


We believe in investing in properties in key real estate markets.


 Fostering inclusive & strong relationships to create value for everyone in our community.
• Tenant relationships
• Government collaboration
• Community / NGO partnerships
• Sustainable procurement 

VENTURE CAPITAL

VENTURE CAPITAL

VENTURE CAPITAL

 Access to large network of co-investors and smart value adding money. Strong Ties and integration within the venture exchange ecosystem.


Close relationships with Fund Managers, Brokers and Service Providers.  

INVESTORS

VENTURE CAPITAL

PUBLIC VENTURE

Proven ability to raise capital and engage value adding investors.  Allowing an efficient raise of  capital that supports your business growth.   


We offer investment partners the opportunity to invest in a portfolio of properties including income producing farms and cash-flowing properties like residential & multi-family with substantial value-add opportunities.  

PUBLIC VENTURE

REAL ESTATE DEVELOPMENT

PUBLIC VENTURE

From early-stage companies getting initial funding to established companies launching into international markets, publicly.   

Considering costs, timing and tax, corporate, and securities law – we provide valuable insight to support our companies in making the right decisions.

Maximizing value by assisting with product launch, marketing, sales  market access.  

  • Merger & acquisition
  • Co-investment opportunities
  • License agreements
  • Agency distribution
  • Strategic partnerships and joint ventures
  • In-house ventures

REAL ESTATE DEVELOPMENT

REAL ESTATE DEVELOPMENT

REAL ESTATE DEVELOPMENT

Through creative asset management strategies, initiating and executing on development projects enables us to unlock organic net
operating income and net asset value growth. We actively manage our assets to optimize performance, maintain value & attract and retain our rentals. We have local teams across our portfolio with over 20 real estate professionals highly experienced in rental/leasing,
operations and portfolio management operating out of our Croatian office, in a key tourist market. We strive to ensure that our assets
are the most attractive, efficient and cost-effective premises for our renters.

GLOBAL ACQUISITION

REAL ESTATE DEVELOPMENT

REAL ESTATE DEVELOPMENT

Venture capital and investment offering our expertise in financing, management, marketing and distribution for investment properties.  


 With a global acquisition platform, we have local, on-the-ground teams with a strong track record of sourcing attractive
assets in Croatia, Europe. We have strong established relationships in all our local markets which allows us to
source high-quality and accretive acquisitions with long-term cash flow and net asset value growth potential. 

our strategy

Our Unique Strategy

It is the basic tenet of how we approach every investment. We know the choices we make affect not just us, but our investors & our shareholders. We  carefully and methodically choose opportunities and are building an infrastructure that will support everything we do.


The strength of our platform lies in working with the right people, both in our own offices and other areas that help serve our investors and communities. 


Based in Vancouver, BC, Canada, our head office & our European office, based in Bio-grad, Croatia, we are building our company to become a leading Canadian alternative Real Estate asset manager with our investment properties.


Mantra 2 Real Estate Inc., will own and operates all its assets, which support sectors in Residential & Commercial opportunities — focused in the Real Estate Development sector, including Casino-Entertainment/Destination-Resorts.  A vertically integrated platform, access to capital and operational expertise allow us to continue to grow based on fundamentals.


Mantra 2 Real Estate's  core strategy is to grow our portfolio of exclusive Real Estate properties across Europe, providing a solid platform for stable and growing cash flows by:
• owning and operating a high-quality portfolio of Real Estate assets in markets with strong operating fundamentals;
• investing in our key markets in Real Estate assets offering long-term cash flow and net asset value growth prospects;
• maximizing the value of our Real Estate assets through innovative asset management strategies;
• integrating sustainability at property levels. 

Learn More

Empowering the investment industry to realize the world’s greatest possibilities. 

Meet the Team

corporate profile

MANTRA 2 REAL ESTATE INC.

A Spin-Co: (Completed Pursuant To A Plan of Arrangement by AsiaBaseMetals Inc.)


Mantra 2 Real Estate Inc. ("Mantra Real Estate" and/or the "Company") is focused in the Real Estate Development sector, including Casino-Entertainment/Destination-Resorts (focus - Croatia). The Company is led by an accomplished, successful, and entrepreneurial business team operating under high standards of business conduct to build shareholder value. 


Having reviewed the Croatian market; specially the areas of Biograd na Moru [(view (Biogrd na Maru-Video)] and Rogoznica-Lozica [view (Rogoznica-Video)], both in Delmatia, Croatia, the Company has selected its first development project (News Release April 16, 2020); a property (21,223 m2) located adjacent to the ocean front in Rogoznica-Lozica [(Project Development Plan: Luxury Homes (24 homes), and a Luxury Hotel (32 Rooms)] - as outlined below under the heading Corporate Information & Operations - Company Operations),


The Company is continuing to diversify its asset portfolio via timely value-driven project acquisitions. AcquisItion timing of Land for Development, Commercial Real Estate, Hotels, Destination Resorts & Casinos, especially in the current and cyclical real-estate markets is opportune; markets now being severly impacted by the COVID epIdemic and the resulting impact on the economy, tourism and the highly probable forcasted upcoming period of inflation.

current project in europe

CROATIA

 
Current Project(s)The Company has entered into an option agreement (the "Option Agreement") to acquire and develop Luxury Homes and Luxury Hotel. (see News Release Apr 16, 2020) - (see further details provided below under section - Corporate Information & Operations - Company Operations).
Latest News:Sep 2, 2010 ` Asiabasemetals, Mantra Exploration, Mantra Pharma And Mantra 2 Real Estate Annouce Closing Of Spin-Out Transaction
A Two-Decade & Three Generation History
 

a bit of our history

A TWO-DECADE & THREE GENERATION HISTORY

The Company became a independent publicly reporting company effective Sep 1, 2020 upon completion of a court approved statutory plan of arrangement under the Business Corporations Act (British Columbia) (the "Plan of Arrangement") undertaken and executed by AsiaBaseMetals Inc.(Trading Symbol: TSX.V: ABZ). (see News Release - Sep 2, 2020).


In accordance with the Plan of Arrangement, among other things:


  1. the Company acquired certain real estate interest in an option to acquire Real Estate in the Republic of Croatia; and
  2. in consideration of the foregoing, the shareholders of AsiaBaseMetals Inc., as of the record date, received one common share in the capital of Mantra 2 Real Estate Inc. for each share of AsiaBaseMetals Inc. held on the record date. As a result, Mantra 2 Real Estate Inc. ceased to be wholly owned subsidiary of AsiaBaseMetals Inc., as of the record date, and the shareholders of AsiaBaseMetals Inc. also became shareholders of Mantra Real Estate Inc., on
    VALUE-DRIVEN ASSETS

building & enhancing shareholder value

“This journey started with a Capital Pool Company, and through two spin-out transactions the original shareholders have now been delivered a third generation of companies; at no additional cost. Along this journey the original ABZ Shareholders have participated in a recently permitted copper project (Sandfire Resources America Inc. – market cap approx. $200m), an exciting Cobalt/Zinc. exploration project adjacent to an established Zinc deposit (AsiaBaseMetals Inc. - market cap approx. $17m) and now as the third generation Mantra 2 Real Estate Inc., Mantra Pharma Inc., and Mantra Exploration Inc. on a 1 share for 1 share basis." 


stated Raj Chowdhry, CEO. 

board of directors

RAJ CHOWDHRY

Ionnis (Yannis) Tsitos

RAJ CHOWDHRY

 Mr. Chowdhry, the founder, Chairman and Chief Executive Officer of Futura Capital Limited., a private venture capital company, has invested in and raised funds for various projects around the world. Mr. Chowdhry, currently a director of various publicly listed companies, has over 35 years' experience in the capital markets; being the fou

 Mr. Chowdhry, the founder, Chairman and Chief Executive Officer of Futura Capital Limited., a private venture capital company, has invested in and raised funds for various projects around the world. Mr. Chowdhry, currently a director of various publicly listed companies, has over 35 years' experience in the capital markets; being the founder, chairman, director, chief executive officer and president of several public companies trading on global Stock Exchanges including Stock Exchanges in the United States and Canada.

Mr. Chowdhry was one of the founding directors of America Mineral Fields Inc. [(Copper mining/production) -- name changed to Adastra Minerals Inc. and acquired in 2006 by First Quantum Minerals Ltd.]. Mr. Chowdhry was also the founding director, Chairman and CEO of International Thunderbird Gaming Inc. (Casino Gaming operations), Axion Communications Inc. (Internet operations), Sandfire Resources America Inc. [(Black Buutte Copper Project - Final Mine Operating Permit Granted) (prior to name change: Tintina Resources Inc.)], SolidusGold Inc. (Gold exploration), Camphor Ventures Inc. (Diamond exploration & mining/production), and a director of Mountain Province Diamonds Inc. (Diamond exploration & mining/production). Camphor and Mountain Province entered in to a business combination in 2007 to unify their existing joint venture with De Beers Canada, leading to commencement of diamond production in Canada in 2016.

Mr. Chowdhry, a Chartered Professional Accountant (CPA, CA) received a Bachelor of Commerce (B. Comm.) degree from The University of British Columbia ("UBC"), Canada, and his designation as a Chartered Accountant (CA) from the Institute of Chartered Accountants of British Columbia, Canada. He is also a charter member of the Vancouver chapter of The INDUS Entrepreneurs (TIE).

Henry Park

Ionnis (Yannis) Tsitos

RAJ CHOWDHRY

Mr. Park, the Chief Investment Officer of Foundation Capital, was formerly a partner at Vulcan Mining, a mining private equity investment platform of Soros Fund Management. Prior to Vulcan Mining, Mr. Park held the position of managing director and commodity strategist at Electrum Group; after being for several years, the commodity analys

Mr. Park, the Chief Investment Officer of Foundation Capital, was formerly a partner at Vulcan Mining, a mining private equity investment platform of Soros Fund Management. Prior to Vulcan Mining, Mr. Park held the position of managing director and commodity strategist at Electrum Group; after being for several years, the commodity analyst at Soros Fund Management where he focused on commodity investing in public and private equities and futures. Henry started his investing career at GE Capital where he was Assistant Vice President in the distressed debt business, followed by a long/short equity analyst in basic material sector for Highlander Fund Management (part of Ospraie Fund Management's Wingspan platform). Henry holds a Bachelor of Arts degree in Economics from University of Chicago and Master of Business Administration degree from Columbia University.  

Terry Penstock

Ionnis (Yannis) Tsitos

Ionnis (Yannis) Tsitos

Terry Penstock has over 20 years of experience in the finance and securities industry. Terry started in finance, in the investment and insurance business, as a licensed insurance broker (1995-1998) going on to achieve an agency license with Northwest Life & iA Industrial Alliance Pacific Life. Terry focuses on entrepreneurial business dev

Terry Penstock has over 20 years of experience in the finance and securities industry. Terry started in finance, in the investment and insurance business, as a licensed insurance broker (1995-1998) going on to achieve an agency license with Northwest Life & iA Industrial Alliance Pacific Life. Terry focuses on entrepreneurial business development and finance. Having worked both with private and public companies, from the formation of business plans through to execution of financing and going public, she has guided the process of financial structuring, venture capital and public relations in the mining, bio-tech and technology sectors.

Ms. Penstock a founder and director of various publicly listed companies, all listed on the TSX Venture Exchange, is a co-founder and former director of Tintina Resources Inc.

Ionnis (Yannis) Tsitos

Ionnis (Yannis) Tsitos

Ionnis (Yannis) Tsitos

 Mr. Tsitos, originally trained as a physicist-geophysicist, having over 27-year experience in the mining industry; 19 years with BHP Billiton group prior to his departure in December 2007 from his position as New Business Manager for Minerals Exploration with a global reach, has lived and worked in South Africa, Ecuador, Greece, United K

 Mr. Tsitos, originally trained as a physicist-geophysicist, having over 27-year experience in the mining industry; 19 years with BHP Billiton group prior to his departure in December 2007 from his position as New Business Manager for Minerals Exploration with a global reach, has lived and worked in South Africa, Ecuador, Greece, United Kingdom and Canada. In addition to having been part of two discovery teams with BHP Billiton in porphyry-copper and nickel-sulphide deposits, he has been instrumental in the identification, negotiation and execution of more than 50 exploration agreements with juniors, majors, as well as with state exploration and mining companies.  

advisory board

KASHMIR (KELLY) HEED, ADVISOR

KASHMIR (KELLY) HEED, ADVISOR

KASHMIR (KELLY) HEED, ADVISOR

Mr. Kashmir Heed is a businessman, public policy advisor, and a former

Canadian politician, who was elected to the British Columbia Legislative Assembly (2009 to 2013). Kash was appointed the Minister of Public Safety and Solicitor General (2009 to 2010). Prior to entering politics, Mr. Heed had a distinguished law enforcement career spann

Mr. Kashmir Heed is a businessman, public policy advisor, and a former

Canadian politician, who was elected to the British Columbia Legislative Assembly (2009 to 2013). Kash was appointed the Minister of Public Safety and Solicitor General (2009 to 2010). Prior to entering politics, Mr. Heed had a distinguished law enforcement career spanning over 31 years. He was the Chief Constable of the West Vancouver Police Department (2007 to 2009) and Superintendent of the Vancouver Police Department where he held several high-profile command positions over the years. Mr. Heed holds a Master of Arts degree from the School of Criminology (2005) and a Bachelor of General Studies degree in the field of Leadership in Public Safety (2001) from Simon Fraser University (SFU).

JOSKO VUKIĆ, ADVISOR

KASHMIR (KELLY) HEED, ADVISOR

KASHMIR (KELLY) HEED, ADVISOR

Mr. Vukić, an entrepreneur with over 25 years of hands-on experience in business, in Canada and Croatia/Europe, in both the construction and agriculture industries currently manages and operates his two successful construction companies in Vancouver and the Lower mainland, British Columbia, Canada. Mr. Vukić also continues to focus on his

Mr. Vukić, an entrepreneur with over 25 years of hands-on experience in business, in Canada and Croatia/Europe, in both the construction and agriculture industries currently manages and operates his two successful construction companies in Vancouver and the Lower mainland, British Columbia, Canada. Mr. Vukić also continues to focus on his land holdings and agricultural business activities in Croatia, a member country of the European union ("EU"). A native of Croatia, Mr. Vukić has strong economic and political relationships within Croatia, especially in the agriculture, medical/health and security industry sectors, both at the regional and national levels. Mr. Vukić has in-depth knowledge and understanding of both the civic and national governing bodies of Croatia. Mr. Vukić, prior to immigrating to Canada in 2004, was also a Croatian military employee in special forces under NATO from 1996 through to 2014. Mr. Vukić, co-founded an educational enterprise "Tulipan" a non-profit pre-school educational Centre within Croatia to give back to the community of his origin.  

anti-corruption policy

Our Anti-Corruption Policy defines a set of expectations for the behavior of all firm members. It serves as a guide to help colleagues understand the core elements of our policies and how those policies are anchored in our values. We expect all colleagues to comply with this code of professional conduct and we expect others working on our behalf, such as contractors, advisors, and other suppliers, to act in a manner that is consistent with our code.  

ANTI-CORRUPTION POLICY

Click to View

code of business conduct

We are a values-driven organization and aspire to meet the highest professional, legal & ethical standards. Mantra 2 Real Estate., is committed to making a positive social impact through our work with our clients and in the way we run our firm.


Our code of professional conduct defines a set of expectations for the behavior of all firm members. It serves as a guide to help colleagues understand the core elements of our policies and how those policies are anchored in our values. We expect all colleagues to comply with this code of professional conduct and we expect others working on our behalf, such as contractors, advisors, and other suppliers, to act in a manner that is consistent with our code. 

CODE OF CONDUCT

Click to View

compliance certificate

Our Compliance Certificate defines a set of expectations for the behavior of all firm members. It serves as a guide to help colleagues understand the core elements of our policies and how those policies are anchored in our values. We expect all colleagues to comply with this code of professional conduct and we expect others working on our behalf, such as contractors, advisors, and other suppliers, to act in a manner that is consistent with our code.  

COMPLIANCE CERTIFICATE

Click to View

articles

Global Property Guide

The Globe & Mail - Vancouver Real Estate

The Globe & Mail - Vancouver Real Estate

The authoritative source of information on buying overseas property. Compare countries on the basis of rental yields, taxes and investment prospects. 

The Globe & Mail - Vancouver Real Estate

The Globe & Mail - Vancouver Real Estate

The Globe & Mail - Vancouver Real Estate

The Globe and Mail is Canada's top source for real estate news, market analysis and housing data. Find the latest on housing markets across the country and ... 

Inman

The Globe & Mail - Vancouver Real Estate

Stay Ahead Of Real Estate Events With Groundbreaking Information About The Housing Market. 

World Economic Forum

 How can the real estate industry become more resilient? An expert explains...

Science Direct

Inside Self-Storage

by H Yagi · 2018 · Cited by 34 — In addition to agricultural income, the farm can also generate real estate income from converting a proportion of the farmland to other uses. To formulate 

Inside Self-Storage

Inside Self-Storage

This article explores the self-storage industry in Southeast Europe, ... They are Albania, Bosnia and Herzegovina, Croatia, Cyprus, Greece, ... 

photo gallery

contact us

FOR FURTHER INFORMATION

 

T. 1.(604)765.2030

E. contact@mantra2realestateinc.com

Vancouver, BC., Canada

Mantra 2 Real Estate Inc.

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About Mantra 2 Real Estate Inc.

Our Story

Our Expertise

Our Expertise

At Mantra 2 Real Estate Inc., we have been helping people buy and sell properties for over 20 years. Our success is built on a foundation of hard work, integrity, and a commitment to providing exceptional service to our clients.

Our Expertise

Our Expertise

Our Expertise

We specialize in residential real estate, and our team has extensive knowledge of the local market. We stay up-to-date on the latest industry trends and use that knowledge to help our clients make informed decisions.

Our Approach

Our Expertise

Our Approach

We believe that every client is unique, and we take the time to understand their individual needs and goals. Our approach is personalized, and we work closely with our clients to ensure that they are completely satisfied with our services.

who we are

About Us

Mantra 2 Real Estate  Inc. (the "Company"), a publicly reporting company seeking a listing on a stock exchange in Canada, is focused in the Real Estate Sector for value driven projects/assets in business friendly jurisdictions.


The Company is led by an accomplished, successful, and entrepreneurial business and real estate team; a team consisting of  Board of Directors, Management,  & Advisory Board (the "Team").  The Team operates under  high standards of business conduct to build shareholder value.


The Team having a proven track record for its ability to source, structure and execute on compelling real estate investment opportunities, invests with purpose; embracing creativity, passion and innovation to deliver strong returns while positively impacting the communities and the Country.


The Team, having given due regard to global market conditions and outlook in the real estate sector, is  seeking out and reviewing advanced high quality real estate projects in   North America (Canada & U.S.A.) and the European Union countries, especially Croatia.

Our History

The Company became an independent publicly reporting company effective Sep 1, 2020, upon completion of a court approved statutory plan of arrangement under the Business Corporations Act (British Columbia) (the "Plan of Arrangement") undertaken and executed by AsiaBaseMetals Inc. ("AsiaBaseMetals" - Trading Symbol: TSX.V: ABZ). with approval from the TSX Venture Exchange and the British Columbia Courts.  

Meet the Team

Copyright © 2024 Mantra 2 Real Estate Inc. - All Rights Reserved.

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