Second financing for BENO Holding AG

Sector(s)
Business Services / Industrials
Deal type
Debt Advisory
Date
December 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 second secured real estate financing

Parties

Lead team

  • Torsten Aul

    Torsten Aul

    Partner Germany

About the deal

The purpose of this renewed financing was to advise on and implement a secured real estate financing for BENO Holding AG at the Gernsheim site in Hesse at the best conditions. The funds will be used at the location for the acquisition of further properties and for the growth of the group of companies.

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 rentable floor space of around 158,000 sqm. The market value of the portfolio is around 79 million euros. The 36 tenants currently include mainly medium-sized companies from various industries.

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

Capitalmind was once again the right partner for us, delivering outstanding work in terms of creativity, speed and determination. Even in times of extreme interest rate movements, we could rely on their competence and focus on results. We would like to thank the Capitalmind team for another smooth collaboration.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, and coordinated the 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 suitable financing partner.