In July 2014 Ducalian Capital acquired 21,528 Sq. Ft. of freehold land in Solihull, West Midlands and entered into a development agreement with Graftongate Developments for £1.728m to procure the construction of an institutional-grade warehouse for the purposes of storage.
Equity Raised £4,050,000
Projected EBITDA £831,200
Target IRR 26%
Structure Enterprise Investment Scheme
Once operational, the investment strategy is to develop a leading storage operator backed by an institutional-grade commercial property asset. Based on a 7% capitalisation rate, we believe that the exit value in year 5 would be in the region of £11,874,000 providing exceptional value for shareholders.