Real Estate M&A

In September 2005 UBS was commissioned by the Soudronic Group to sell an industrial complex located in Bergdietikon AG, encompassing two land parcels with appr. 40'000m2 of land and including 10 buildings. This "Sale and Lease Back" needed to be structured as an "off-balance sheet" transaction.

Real Estate M&A supported Soudronic with the sell side due diligence (incl. the coordination of external experts), developed an optimal transaction structure based on a long term "triple net" rent agreement and performed a limited auction with national and international investors.

Among the deciding success factors were the comprehensive sell side due diligence, the transaction structure which had been tailored specifically to Soudronic's needs, the transparent sales process and UBS's extensive network of potential investors. Various attractive offers were presented to Soudronic from which a group of private investors was finally selected. The transaction was successfully closed in march 2006 via a newly established property company (SPV) located in Jersey.