Real Estate Asset Management
Raising €24 million in Holding and Senior Debt to refinance existing debt and fund further growth of an impact-focused real estate portfolio.
Debt fundingFinancial analysisRelationship managementTHE STORY
Leoville is a real estate fund with a clear impact investing focus. Its portfolio of around €200 million consists of mixed-use properties (retail + residential) located across the historic city centers of the major Belgian cities. Leoville adds value by renovating historical buildings with a focus on the residential floors, improving their energy performance and restoring Belgian city centers. The fund’s focus on ESG was key in bringing the financiers on board.
The raised amount of €24 million exceeded the target of €15 million and consists of Holding Debt complemented by some Senior Debt provided by a combination of banks and family offices. The funds will be used to refinance a portion of Leoville’s existing debt as well as to fund the further growth of the real estate portfolio.
Ernest Partners is proud to have contributed to the further development of this impactful real estate fund. We would like to thank Leoville for its trust and the pleasant and professional collaboration. We wish the company all the best and look forward to working together in the future.
Ernest Partners works side by side with clients throughout the process, from initial analysis to the final outcome.
Our team combines financial expertise with hands-on experience. We help clients understand their working capital position, identify where improvements are possible and take the right steps to strengthen liquidity.
