CHRYSTAL CAPITAL INTRODUCES FAMILY OFFICES AND UHNWI CO-INVESTORS TO SENECA PROPERTY
Chrystal Capital Partners LLP (“Chrystal”), a Mayfair-based corporate finance and investment house, is pleased to announce that it has acted as an introducer of capital to Seneca Property Investments Limited (“Seneca Property), an independent real estate investor, on its c.£6m purchase of the 200 Westl - Bristol, at a c.11.3% yield.
The freehold property is characterised by its prime location, 11 separate office suites with this own front door, EPC A/B throughout, immediate access to local transport links and immediate gains to be made with manging available space. As with all our transactions alongside Seneca Property we have a significant initial cash yield on equity (10%) and a target net IRR in excess of 20% on a 3 year investment horizon.
“This is now our fourth deal with Seneca targeting out of London, multi-let offices. We are achieving high NIYs with long term income security with upside revisionary yields of 15%+. We are currently speaking to a number of JV partners about investing £100m+ into the sector and would welcome those that are interested to reach out to further discussions. These assets generate cash and significant capital upside.”
“There is a significant opportunity in the UK market. We have a track record of buying best quality assets with established tenants. We can show we can manage vacant space in the regions.”
About Seneca Property
Seneca Property is an independent real estate investor which seeks to provide exceptional income and growth investment opportunities for investors. Seneca invest across a range of sectors including office, retail, leisure, industrial, residential and healthcare.
For more information about Seneca Property, please visit https://senecaproperty.com/.
About Chrystal Capital Co-investments
Single Family Offices (SFOs) and Ultra High Net Worth Individuals (UHNWIs) are continually seeking access to high quality, professionally structured and well managed co-investment opportunities across a range of asset classes, without having to directly source and negotiate these opportunities. The ideal scenario enables our clients to cherry pick the investment opportunities they participate in, with limited demands on their time and resources.
Through our relationships with institutional investors, we enable SFOs and UHNWIs to gain access to attractive investment opportunities that they might otherwise not be aware of. We provide curated deal flow across a variety of sectors, asset classes and structures – all tailored to known, specified preferences.
For more information about Chrystal Capital please visit https://www.chrystalcapital.com.
For further information please contact:
James Innes, Managing Partner
james.innes@chrystalcapital.com
https://www.chrystalcapital.com