Industry PBSA
Location UK

Details

Identifying, delivering and refinancing the acquisition of a UK-wide £500m PBSA portfolio for a global investor’s entry to the UK with ongoing asset management and operational oversight expertise. The portfolio consisted of eight assets spanning 3,460 beds across key UK PBSA markets. OPRE’s role has been integral from start to finish, upon identification of the opportunity, through all Due Diligence and Refinancing activity and are now retained to be the asset manager, taking charge of all operational activity.

Services

Acquisitions, Transaction Project Management, Refinance Advisory, Valuation & Surveys, Investment Consulting, Financial Tax and Commercial Due Diligence, Strategy, Restructure, Asset Management, Operator Oversight & Selection, Energy Procurement, ESG Advice

Other Highlights

£700k reduction on completion accounts due to restructure, consolidation of six operational contracts into one core manager, £4m capex programme to upgrade assets.