£16.5m Industrial Business Park Refinance
Winners In A Declining Market
Despite the overall CRE market’s decline over recent years, there have been pockets of asset class that have performed better than others and Logistics is one of those sectors. With logistics performing well and Banks looking to maximise returns whilst minimizing risk, this opens opportunities for savvy operators to take advantage of the capital inflows into the sector. In this transaction, P10 were approached by an established family office to refinance an industrial park they owned to release cash, maximise return on equity and make further acquisitions with their capital.
Property Overview:
The Industrial Business Park is a well-established, mixed-use commercial development comprising of office and industrial units, with tenants spanning multiple sectors.
Transaction Overview:
Asset Value: £16,500,000
Loan amount: £11,500,000
Loan-to-Value: 70%
Rate: 6.74%
Return on Equity: 13.9%