Barwood Capital

Andover

Hampshire | INDUSTRIAL/LOGISTICS

Overview

83,828 sq ft warehouse acquired by the 2009 Fund after identifying that an onerous clause in the long head lease could be renegotiated in order to release significant gearing potential and value. Following a regear of the occupational lease, building was then let to Petty Wood and Company for a further 25 years.

Delivered strong income to investors throughout the life of the 2009 fund, with an overall 12% equity IRR and a 1.2x equity multiple.

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