Partners Group provides Senior B debt facility for the refinancing of 5 Canada Square in London's Canary Wharf on behalf of its clients
Press release
Baar-Zug, 19 August 2010
Partners Group, the global private markets investment manager, continues to identify a significant number of attractive private real estate investment opportunities. On behalf of its clients, Partners Group committed to providing a GBP 40m Senior B debt facility together with a co-investor for the refinancing of 5 Canada Square in London.
The asset is a prime property located in the heart of London's Canary Wharf, adjacent to the London Underground, Dockland Light Railway and future Crossrail stations. The property is fully let on a 15+ year lease to a financially strong international tenant.
Partners Group led the private negotiations for the provision of this facility. While expected to generate attractive interest returns, the Senior B facility enjoys significant downside protection due to the equity and junior debt in the capital structure.
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 debt, private real estate and private infrastructure. 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, London, Guernsey, Luxembourg, Dubai, Singapore, Beijing, Tokyo and Sydney. The firm employs over 400 people, is listed on the SIX Swiss Exchange (symbol: PGHN) with a market capitalization of above CHF 3.5 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, 19 August 2010
Partners Group, the global private markets investment manager, continues to identify a significant number of attractive private real estate investment opportunities. On behalf of its clients, Partners Group committed to providing a GBP 40m Senior B debt facility together with a co-investor for the refinancing of 5 Canada Square in London.
The asset is a prime property located in the heart of London's Canary Wharf, adjacent to the London Underground, Dockland Light Railway and future Crossrail stations. The property is fully let on a 15+ year lease to a financially strong international tenant.
Partners Group led the private negotiations for the provision of this facility. While expected to generate attractive interest returns, the Senior B facility enjoys significant downside protection due to the equity and junior debt in the capital structure.
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 debt, private real estate and private infrastructure. 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, London, Guernsey, Luxembourg, Dubai, Singapore, Beijing, Tokyo and Sydney. The firm employs over 400 people, is listed on the SIX Swiss Exchange (symbol: PGHN) with a market capitalization of above CHF 3.5 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]