Deal Announcement: Seneca Property exits Premier Inn, Preston to Epsicap REIM for £9.75m

SENECA PROPERTY EXITS PREMIER INN, PRESTON TO EPSICAP REIM FOR £9.75M

Chrystal Capital Partners LLP (“Chrystal”), a Mayfair-based corporate finance and investment house, is pleased to announce that it has exited its investment in the Premier Inn, Preston.

“We have completed a number of acquisitions with Seneca over the past two years and it has been a revelation to see first hand how they manage assets to drive incremental yield. With Epsicap we know the asset has been passed onto a robust guardian who will enjoy significant income for years to come”

— James Innes, Managing Partner, Chrystal Capital

“There is no doubt that Chrystal Capital have demonstrated that they and their underlying family office investors understand our business model and how we can deliver value a very short period of time”

— Chris Bullough, Managing Director, Seneca Property

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   

Chrystal Capital picks hot topic Succession Planning as first in series of breakfast talks

Earlier today, Chrystal Capital hosted the first in a new series of breakfast talks, and this mornings topic is considered one of the most significant concerns among family offices’ - Succession Planning.

Chaired by David Alexander from Pall Mall Family Office, over 18 SFOs gathered for breakfast at 5 Hertford Street to hear from two next-generation family members who have been or are currently going through the succession planning process.

Both Ben Goldsmith and H.E. Sheikh Nasser Bin Abdulaziz Al-Thani talked openly about their experiences, and offered our network insight into the challenges and, interestingly, the cultural differences that prevail in succession planning.

It is estimated that in the next 15 years over 69%* of single family offices are expected to undergo a generational transition. Securing a willing and able next generation of family members, who want to be involved in the management of their families’ wealth requires succession planning. In 2017, almost half of the family offices interviewed in the Campden Wealth Report stated that they have some form of plan in place, with another third still developing their strategies.

This event was the first in a newly launched Petit Déjeuner Breakfast Series organised by Chrystal Capital, where our investor network has the opportunity to hear first hand from their peers whose experiences have garnered significant recognition within their respected industry.

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*Campden Waalth Report 2017/2018.