Why valuation reporting was crucial in sale of 60 industrial estates
Brief was to provide fast response despite geographical diversity of UK portfolio
Portfolio of 60 industrial estates
Morgan Stanley and a second client were jointly financing Blackstone’s purchase of 60 industrial sites spread across the UK. Our brief was to provide loan security valuations and an independent view on the opportunities and risks at each asset.
How we worked together
This was a diverse portfolio, spread across the UK, but we delivered draft valuation reports within two weeks of instruction.
By working closely with our clients and our regional office network we provided a fast response.
Our teams inspected each asset and undertook due diligence at local and national levels to understand the £400m portfolio and to identify the opportunities for capital growth and asset risks.
Our clients intended to securitise the loan so providing clear, concise reporting was crucial.
Timescales were tight and the 60-asset portfolio was spread across the UK.
We moved fast to deliver a summary valuation report for each asset, together with a local and national market overview and an excel schedule setting out all the key data for each asset.
Despite the geographical diversity of the portfolio we worked quickly to meet client needs. We delivered full draft reports within two weeks of instruction.