With our extensive transactional experience and a team who have strong analytical backgrounds, we are uniquely placed to advise on sale & leaseback transactions and Opco / PropCo structuring.
Our investment analysis focuses on looking closely at the rent cover as a multiple of profits generated by the business operating out of the property. The more secure the income, the more the rent cover can be optimised increasing the capital realisation to the operator from the incoming landlord investor.
We have a strong understanding of underlying property values, rent cover and covenants, and are able to structure sales processes to achieve best value for the seller and a smooth transaction that is acceptable to the buyer and its funders.
We advise some of the largest operators in the leisure sector on sale and leasebacks including Stonegate Pub Company, David Lloyd Leisure, Caprice Holdings, Revolution Bar Group Plc, Ten Entertainment Group Plc and Orchard Care Homes.