Partners Group completes secondary purchase of four junior notes secured on German properties on behalf of its clients
Press release
Baar-Zug, 26 May 2011
Partners Group, the global private markets investment manager, has sourced and acquired four junior notes secured on a portfolio of 36 office, retail and industrial properties located throughout Germany on behalf of its clients. 64% of the portfolio is represented by office properties, 28% by retail with the balance represented by industrial assets. The portfolio is well occupied and offers diversification in terms of geography as well as tenant base. The largest property in the portfolio is a high quality office property in Nuremberg, leased to a leading international technology company.
Eliza Bailey, Senior Vice President and Head Private Real Estate Debt, comments: "We are pleased to have completed this secondary junior note purchase for our clients. The investment generates an attractive cash yield and is consistent with our strategy of fully analyzing the underlying real estate even in situations hindered by complicated legal structures."
About Partners Group
Partners Group is a global private markets investment management firm with over EUR 20 billion in investment programs under management in private equity, private real estate, private infrastructure and private debt. The firm manages a broad range of funds and customized portfolios for an international clientele of institutional investors. Partners Group is headquartered in Zug, Switzerland and has offices in San Francisco, New York, São Paulo, London, Guernsey, Luxembourg, Munich, Dubai, Singapore, Beijing, Seoul, Tokyo and Sydney. The firm employs over 500 people and is listed on the SIX Swiss Exchange (symbol: PGHN) with a market capitalization of over CHF 4 billion with a clear majority owned by its 36 Partners and all employees.
Investor relations contact
Philip Sauer
Phone: +41 41 768 86 60
E-mail: [email protected]
Media relations contact
Dr. Anna Hollmann
Phone: +41 41 768 83 72
E-mail: [email protected]
Press release
Baar-Zug, 26 May 2011
Partners Group, the global private markets investment manager, has sourced and acquired four junior notes secured on a portfolio of 36 office, retail and industrial properties located throughout Germany on behalf of its clients. 64% of the portfolio is represented by office properties, 28% by retail with the balance represented by industrial assets. The portfolio is well occupied and offers diversification in terms of geography as well as tenant base. The largest property in the portfolio is a high quality office property in Nuremberg, leased to a leading international technology company.
Eliza Bailey, Senior Vice President and Head Private Real Estate Debt, comments: "We are pleased to have completed this secondary junior note purchase for our clients. The investment generates an attractive cash yield and is consistent with our strategy of fully analyzing the underlying real estate even in situations hindered by complicated legal structures."
About Partners Group
Partners Group is a global private markets investment management firm with over EUR 20 billion in investment programs under management in private equity, private real estate, private infrastructure and private debt. The firm manages a broad range of funds and customized portfolios for an international clientele of institutional investors. Partners Group is headquartered in Zug, Switzerland and has offices in San Francisco, New York, São Paulo, London, Guernsey, Luxembourg, Munich, Dubai, Singapore, Beijing, Seoul, Tokyo and Sydney. The firm employs over 500 people and is listed on the SIX Swiss Exchange (symbol: PGHN) with a market capitalization of over CHF 4 billion with a clear majority owned by its 36 Partners and all employees.
Investor relations contact
Philip Sauer
Phone: +41 41 768 86 60
E-mail: [email protected]
Media relations contact
Dr. Anna Hollmann
Phone: +41 41 768 83 72
E-mail: [email protected]