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Debt financing

€ 75 million
Lead Arranger
;

Somerset Capital Partners

Kempen & Co Debt Advisory played a leading role in structuring and arranging a € 75 million credit facility for Somerset Capital Partners.

Kempen & Co Debt Advisory played a leading role in structuring and arranging a € 75 million credit facility for Somerset Capital Partners. The credit facility is based on a framework with pre-agreed criteria allowing for financial flexibility in (re)financing land positions.

Transaction highlights

  • Kempen & Co played a leading role in structuring and arranging a lending framework tailored to support Somerset Capital Partners’ strategy of developing logistical real estate projects 
  • The facility is based on a lending framework with pre-agreed criteria allowing for financial flexibility in (re)financing land positions
  • Joes Daemen, CEO and Founder at Somerset Capital Partners: “We are an ambitious developer constantly looking for development locations for logistics, as well as for other related business purposes such as data centres. This credit facility significantly increases our financial flexibility in executing our strategy.”
  • Guus de Haan, Executive Director Debt Advisory at Kempen & Co added: “Somerset Capital Partners’ track record and pipeline of high quality development projects played an instrumental role in bringing this transaction to a successful close. We congratulate Somerset Capital Partners with this great result.”

About the company

  • Somerset Capital Partners is a developer of high quality logistics and advanced industrial real estate assets 
  • Somerset Capital Partners was early in recognizing the potential of logistics and advanced industrial buildings and has an extensive development track record 
  • Amongst others, Somerset Capital Partners completed built-to-suit developments for world class tenants, such as Zalando, Jumbo, fonQ, Picnic, Interxion and Mainfreight

Contact

Dick Boer
Guus de Haan

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