Acquisition financing for a portfolio of sports centers in the southern Netherlands
On behalf of Value Enhancement Partners, Asset Partners managed the process for acquiring a portfolio of multiple sports centers in the southern Netherlands.
Background
The client was seeking a suitable financing solution for the acquisition of three fitness, wellness, and health centers in Barendrecht, Breda, and Dongen. The transaction was part of a broader sale-and-leaseback strategy in which the real estate was placed in a separate real estate structure and leased back to the operator on a long-term basis.
The portfolio comprised approximately 13,600 m² of leasable floor space, with the spaces in the sports centers comprising a mix of fitness, wellness, physical therapy, food and beverage, and support office functions. The locations serve an important regional role within the health and wellness sector and generate stable operating cash flows.
Following a competitive financing process, RNHB was selected as the financing partner. The resulting financing structure enabled the client to carry out the sale-and-leaseback transaction.
Result
- Sale-and-leaseback financing structure for three locations
- Competitive tender process offering multiple financing options
- Real Estate and Operations Successfully Separated Within a Single Strategy
Leading the Way
The right financing requires more than a good plan. We take the lead at every stage of the process, from analysis through closing. Accessible and responsive, analytically rigorous, fully independent and always focused on results.