Baar-Zug, 17 October 2011
Partners Group, the global private markets investment manager, completed a preferred equity investment in the context of a financing of two retail centers located above two of the busiest tube stations in London. The two schemes benefit from significant footfall and are among the best trading stores for their tenants.
Claude Angéloz, Partner and Co-Head Private Real Estate, comments, “This preferred equity investment is consistent with our strategy to invest in high quality properties with unique locations and solid fundamentals. In this transaction, we were attracted by the defensive characteristics of the two properties that benefit from high footfall and strong cash flows secured by long leases and a diversified base of high credit tenants. Given the high demand for space in these two locations, the assets provide significant upside potential for our clients.”