Typically our funds have debt policies which restrict borrowing to LTVs of
c. 60%
and below.

Maintaining Sustainable Debt

49.94%
Senior Debt LTV
€173.14m
Combined
Senior Debt
Our investment strategies are designed to maximise the fund’s operational control of the Centres they own. Conservative debt planning is a core constituent of these strategies and typically our funds have debt policies which restrict borrowing to LTVs of c. 60% and below. Low LTVs also provide operational flexibility, low finance costs access to a large number of lenders and market visibility (the “Sustainable Debt”).
Benefits of Sustainable Debt policies also include:
  • low amortisation obligations
  • greater choice of hedging strategies
  • covenant light loan contracts
  • manageable loan refinance planning
  • provides vendors with transaction security