Real estate

JenAcon coordinates the entire transaction process from property selection to closing

With our consulting approach, we accompany all phases of the transaction process - from property selection and structured marketing to closing and the processing of the conditions precedent. The client’s concerns are always our priority: are there any planned purchases or sales, asset or share deals, should existing properties or project developments be (re-)financed, e.g. via debt capital, equity, mezzanine-capital or through a sale and leaseback. Be it single assets or portfolios, we focus on volumes compatible to capital markets. In addition to retail properties, we have already successfully sold real estate from all asset classes such as office, hotel, residential, healthcare, parking, light industrial, logistics, special properties (police stations, pharmaceutical parks, etc.) or mixed-use.


Systematisches Vorgehen

Systematisches Vorgehen

JenAcon coordinates

  •  Preparation of expert reports (technical, environmental, measurement, taxation, legal)
  • Data room servicer


JenAcon arranges

  •  Portfolio analysis
  • Asset valuations
  • Document preparation (Teaser, NDA, IM, etc.)
  • Data room

JenAcon coordinates

  • Buy-side external brokers (where applicable)


JenAcon arranges

  • Database research (consisting of more than 3,700 investors)
  • Identification of investors
  • Preparation of investor profiles
  • Investor communication

JenAcon coordinates

  • Buy-side: technical & environmental due diligence as well as legal & tax due diligence


JenAcon arranges

  • Organizing Kick-off-Meetings
  • Answering relevant questions (Q&A lists), Process letters
  • Procuring letters of interest (LOIs)

JenAcon coordinates

  • Legal advisors
  • Further buy-side due diligence


JenAcon arranges

  • Evaluation of offers
  • Exclusivity arrangements
  • Negotiations / Resolving of critical matters

JenAcon coordinates

  • Legal advisors
  • Notary
  • Financing institutions


JenAcon arranges

  • SPA negotiations
  • Assisting in settling the conditions precedent (CPs)

Reference project

Our award-winning reference project “Meridian” consisted of short-term and long-term leased assets, undeveloped areas and logistics facilities
 

  • Number of assets: 138
  • Site area: 1,119,000 sqm
  • Lettable area: 225,000 sqm
  • Main tenant: ALDI SUED
  • Regional focus: Southern and Western Germany
  • Exclusively owned properties
  • Special feature: Mixed portfolio of undeveloped areas, vacant assets, short-term and long-term leased assets and two logistics centres
  • Winner of the 2010 PERE Award “Europe Deal of the Year”

JenAcon structures and mediates financing for existing properties and for project developments

We support our clients in commercial real estate issues of all kinds. This includes advice on financing issues. JenAcon holds a real estate loan broker license according to §34i GewO.

Based on the client‘s own funds available for the project, as well as the project plan, we structure financing with equity and debt capital, mezzanine capital or equity-replacing subordinated loans.

In addition to traditional forms of financing, in the past few years, we have also provided modern forms of hybrid capital, such as participation rights and crowdfunding mezzanines on the one hand. On the other, we realised long-term financing of corporate real estate via leasing structures, depending on which goals are to be achieved and which forms of financing the client prefers.
 

 

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JenAcon
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