Home > Investments > Realised assets > Hayes Park
 |
| |
| Hayes Park |
| |
| Location |
United Kingdom |
| Date acquired |
Acquired by Global Fund I in May 1999 |
| Purchase price |
US$79.5 million |
| Financial structure |
30% joint venture with international developer |
| Description |
A unique office park set on 63 acres. Two existing buildings were fully refurbished and a third building was developed equating to a total grade A space of 17,000 sqm. |
| Investment strategy |
Identifying mis-priced risk in a tight credit market, MGPA negotiated, structured and documented a debt/equity joint venture within a three week timeframe providing a mezzanine loan plus participation in the upside.
|
Date sold
|
October 2001
|
| |
|
| Back to top |
|
|
 |
| |
|
