Investments may include single asset repositioning, corporate divestitures, joint venture programs, entity investments, development opportunities and debt deals. Assets may be acquired either individually or in portfolio transactions.
|TRANSACTION SIZE||ÆRIUM invests in properties valued between €10 million and €200 million.|
|INVESTMENT HOLD PERIOD||Most properties will be held for a minimum of 5 years. Some will be sold after shorter periods, if selling is advantageous to venture performance.|
|PROPERTY TYPE||Acquisitions will focus on single or multi-story high-quality office, retail, technology (light industrial) and logistics facilities with at least 5,000 square meters of space.|
|LOCATION||Euro zone Central Business Districts (CBDs) and suburban markets in France, United Kingdom, Germany, Luxembourg, Switzerland, Belgium, Romania, Poland, the Czech Republic, Slovakia, and Turkey.|
|TRANSACTION TYPE||Properties with existing leases; Built-to-suit; Sale and leaseback with new lease; Acquisition of portfolio of multiple properties leased to a single-tenant; Acquisition of portfolio of multi-tenant properties portfolio, taking private listed property funds (SICAV, FCP).|
|TENANT COVENANT||Investment grade; Listed or non-listed in European or US stock exchange; Government and government agencies.|
|INITIAL YIELD RATE||Average: 7% (Range: 6%-11%)|