Investment parameters:
Fully leased – 100% occupancy
Anchor tenant: Mountfield (home and garden products)
NOI (Net Operating Income):
at acquisition: €334,518
after optimization: €556,243 (+66%)
Average lease term (WAULB): increased from 1.6 to 4.5 years
ROE (Return on Equity): 25.2% per annum
Value-add fund actions:
Acquired at a below-market price (potentially a distressed asset)
Subdivision of large blocks into smaller units → higher rental rates
Renovation and fit-out for new tenants
Optimization of operating expenses
Securing an anchor tenant
Enhancement of income predictability through long-term lease agreements
 
          
                   
                                                          