BENO Holding secures real estate financing

Sector(s)
Business Services / Industrials
Deal type
Growth / Equity capital
Date
October 2022
Countries involved
Germany

Client

BENO Holding AG is a portfolio holder specializing in industry properties in Germany

Deal

Capitalmind has advised BENO Holding AG on the issuance of a secured real estate financing

Parties

Lead team

  • Torsten Aul

    Torsten Aul

    Partner Germany

About the deal

The BENO Group has been investing in light industrial properties in German-speaking countries since 2008. The broadly diversified portfolio includes 36 commercial units at 13 locations with a total usable space of around 158,000 m2.

The market value of the portfolio is around 77 million euros. The current 36 tenants are predominantly medium-sized companies from various industries.

The object of this transaction was to advise on and implement a secured real estate financing for BENO Holding AG in Grünhain, Saxony, at the best possible conditions. The funds will be used at the location and to accelerate the company’s growth.

Capitalmind accompanied the shareholders and the management throughout the transaction process. We ensured that our client’s interests and expectations were met and ensured a time-efficient process.

Capitalmind has always been a competent partner for us regarding our financing strategy. Even in times of sharply rising interest rates, we could trust on their competence and results orientation. We very much look forward to working together on future projects.” Michael Bussmann, CEO BENO Holding AG

What we did

Capitalmind advised the company’s management board on the structuring and implementation of the financing, identified potential financing partners, coordinated and consistently drove the entire financing process. In addition, we supported BENO Holding AG in the preparation of the necessary documentation. We advised our client in the negotiations with potential financing partners from the first contact to the closing with the optimal partner.