CHALLENGE
Savills Regional Investment Advisory team advised on the recapitlisation of a pan-European logistics portfolio. The 21 asset portfolio was located across the UK, Germany, Ireland & Poland. Furthermore, the transaction was made more challenging owing to travel restrictions, limiting the ability of the client to inspect the assets.
SOLUTION
Savills coordinated a pan-European approach, harnessing the expertise of our local teams, we provided detailed underwriting assumptions and data on the individual market dynamics. This allowed our client to understand the nuances of the portfolio and contributed to our thorough investment valuation approach.
Savills provided support and guidance throughout the process and used our European network to inspect the assets on behalf of the client and mitigate any potential impacts of the lockdown restrictions.
We further assisted with the subsequent IC process, assisting with the preparation of IC documents, providing valuation reports and working with our colleagues in Research to alleviate any concerns.
RESULTS
A good example of the effectiveness of Savills Regional Investment Advisory cross border capabilities, and the added value that can be given to a pan-European process through local, regional and international collaboration.
As a result, our client successfully acquired the portfolio, allowing them to increase their exposure to the logistics sector.