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Vasile Lascar 102
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Sector 3, Bucharest
Tel.: +40 314 326308
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Contact: Colin F. Whitfield


Home > About Us > Corporate History

Pace Capital

Pace Capital evolved from Pace Shipping Services Network S.A. (PSSN) originally founded in the world’s Shipping capital, Athens Greece, in 1983. From 2005 to-date, PSSN became Pace Capital to more accurately reflect is growing interest in real estate investments. 

From 1983 till 2004

PSSN operated a network of maritime agency companies throughout the Eastern Mediterranean handling more than $1.5 Billion in funds on behalf of major shipping companies. In 1990, PSSN's shareholders purchased and managed vessels, and acquired shares in other non-managed tonnage. PSSN's associate and subsidiary companies managed and operated term chartered bulk-carriers as well as being exclusive brokers for ship-owners and charterers.

From 2000 till 2005

PSSN diversified its investments into land and property for its own shareholders and on behalf of high net-worth friends, associates and clients. Operating under the hindsight and direct experience of real estate trends from the entry of Greece into the EU, Pace Capital focused a significant proportion of its real estate portfolio into Romania since 2006.

Throughout our 27 years in the shipping industry, Pace earned a reputation for managing client’s funds with prudence and security. Our fund management and advisory skills follow in the same tradition of professionalism and integrity.


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