Recapitalisation – newly built residential complex, The Hague
On behalf of Urban Interest, Asset Partners supported the recapitalisation of a newly built residential complex in The Hague.
Background
The asset to be financed was a high-quality converted building comprising 43 modern residential units, with a total gross floor area (GFA) of 5,092 sq m, located in The Hague.
Following completion of the construction phase, the owner sought to recapitalise the project to release invested equity for new developments. Asset Partners ran a competitive process involving multiple lenders. Ultimately, the recapitalisation was completed with a reputable German bank with which the client already had an existing relationship.
The selected structure provided continuity of financing and enabled the majority of the invested equity to be released. This allowed the client the flexibility to redeploy capital to support further growth of the portfolio.
Result
- Competitive process involving multiple lenders
- Completion with an existing German banking relationship
- Release of a significant portion of invested equity
- Continuity and stability of financing
- Capacity for new investments and portfolio expansion
Informed and ready
