Acumen Portfolio Solutions

PRIVATE EQUITY FUND ROMANIA

  • Overall acquisition in value: circa €125m

The provision of a due diligence review of four properties across Romania. The role entailed the assembly and control of a team to undertake a full review of assets. The selection of team members (design consultants, valuing surveyors and local legal professionals) was the responsibility of the investor’s representative. The assets were all completed and occupied, although the covenant of the occupiers was poor. The report needed to consider the short term revenue streams that were likely to be realized, from current occupiers and additional short term leases, plus expenditure necessary to achieve such revenue. An overview of the potential redevelopment opportunity in relation to each asset over the medium term was considered.

Private Equity Fund Romainia