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The transformation of Leo's Legeland property
This exciting case shows how an investment in a classic warehouse property underwent a remarkable transformation in collaboration with Leo's Legeland.
Through positive dialogue and effective cooperation, the existing tenants were able to relocate to new locations in the surrounding area. Following this, the property underwent an extensive renovation that included all installations, resulting in a nearly new property.
The original investment in the property was based on a Value Add strategy, but today it has evolved to be a low-risk core property thanks to a long-term lease with a solid tenant. As the property has now been modernised and its property type is perfectly suited to the area, the risk of vacancy has been significantly reduced. The value of the property has increased significantly over the course of the development process, much to the enthusiasm of our investors.
Value Added and Low Risk:
Our Value Add strategy has resulted in a significant increase in property value while minimising risk through a long lease with a strong tenant.
Effective re-rental:
Through positive dialogue and collaboration, we moved existing tenants to new locations in the surrounding area, minimizing re-letting risk and ensuring continuous earnings.