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Global Private Equity Partners Provides $408MM Loan Facility for Commercial Property Acquisitions

Date: Jan 04, 2021 @ 08:54 AM
Filed Under: Real Estate

Global Private Equity Partners has provided a $408 Million loan facility to an Institutional Real Estate Investor for the acquisition of several Commercial Properties across UK and Western Europe. Global Private Equity Partners was granted 33.3% equity position under the terms.

“These properties are located across key UK and Western European locations to infill markets with access to regional, national, and international distribution hubs, robust infrastructure, and favorable demographics,” said executive director at Global Private Equity Partners Real Estate who led the transaction on the firm’s behalf. “The properties have favorable tenancy consisting of large public and private companies within industries that have seen major tailwinds, including e-commerce and logistics, as well as stable recession-resistant industries such as food distribution, food production, and manufacturing.”

The industrial properties include existing distribution and cold storage facilities, in addition to the development of a new distribution center. The loan has a six-year term with two one-year extension options.

“Our investors will benefit from this well-leased diversified portfolio of institutional assets in locations with strong market fundamentals, in addition to a financing structure that allows for future acquisition flexibility,” said executive director at Global Private Equity Partners Real Estate.

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