Quilvest Capital Partners (“Quilvest” or “QCP”), working with operating partner Arax Properties Limited, is pleased to announce that its dedicated real estate investment arm, QCP Real Estate, has acquired Falcon Works (the “property”), a multi-let industrial estate in Loughborough, UK.

The 53-acre property, strategically located in the heart of the UK Midlands’ ‘Golden Triangle’ logistics and industrial area, has strong upside potential with scope for increased occupancy rates and rental income. The property also offers great potential for the development of unused land and the redevelopment of obsolete space into new, grade-A space with a more efficient vehicle circulation plan and with significantly improved ESG characteristics. Quilvest intends to invest significantly in this redevelopment to support the growth of SME businesses in the Loughborough area.

This transaction is consistent with QCP Real Estate’s expanding strategic focus on the industrial and logistics sector, and strengthens the firm’s track-record investing in UK multi-let industrial projects. It is QCP Real Estate’s fourth transaction in this sector globally in the past nine months, with acquisitions in the US, UK and continental Europe. Previous investments in the sector include a multi-let industrial property investment vehicle created in partnership with Grosvenor, which was sold in 2019 for £155 million.

"We are delighted to have completed this acquisition which maintains QCP Real Estate’s strong legacy investing in multi-let industrial assets globally. This is a highly attractive property, due to its favourable location and good accessibility, with significant scope for value add through development and commercial initiatives. This transaction is aligned with our strategic commitment to this segment, where we have significant UK experience via previous investments."

Patrick Laroche Principal at Quilvest Capital Partners

About Quilvest Capital Partners

Quilvest Capital Partners, part of the Quilvest Group, is an alternative investment manager, currently managing around US$7 billion of assets. In addition to real estate, QCP operates investment programs in funds, direct private equity and private debt.

As part of its Real Estate activity, QCP targets middle-market value add opportunities in Europe and the United States. Its team of 12 highly experienced professionals based in New York, London and Paris have completed 28 deals since the inception of QCP Real Estate.