Germany
Advice to Capmark Bank Europe on BMW Dealership portfolio

The Automotive & Roadside team has provided valuation advice to Capmark Bank Europe for a portfolio of BMW dealerships across Germany. The seven dealerships – five in southern Germany and two in the north west of the
country – were valued at €20.4m, which reflected a gross yield of 7.9%. Each of the leases were for a term of 20 years with CPI linked growth.
The team has previously represented the purchaser, Aprirose, on numerous dealership properties in the UK.
Key Factors
• Reporting initial feedback to the client of all 7 properties within 48 hours of instruction.
• Valuation support allowed client to negotiate a better deal for the portfolio.
• Undertaking various meetings with the lenders to increase their understanding and comfort with the automotive market.
For further information, please contact:
Scott Gilhooly
Automotive & Roadside
9 Marylebone Lane,
London W1U 1HL
Tel: 020 7344 6760
email: scott.gilhooly@collierscre.co.uk
Please see a link to a full PDF version of this case study.
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