Deal Announcement: Seneca Property

CHRYSTAL CAPITAL INTRODUCES FAMILY OFFICES AND UHNWI CO-INVESTORS TO SENECA PROPERTY

Chrystal Capital Partners LLP (“Chrystal”), a Mayfair-based corporate finance and investment house, is pleased to announce that it has acted as an introducer of capital to Seneca Property Investments Limited (“Seneca Property), an independent real estate investor, on its c.£6m purchase of the Tempus Court, Guildford, at a c.12.5% yield.  

 

The freehold property is characterised by a recent high grade communal area refurbishment, town centre location, 37 car parking spaces, 7 quality tenants providing a diverse income profile; and has room for asset management.  As with all our transactions alongside Seneca Property we have a significant initial cash yield on equity (10%) and a target net IRR in excess of 20% on a 3 year investment horizon.   

Our investors like to work with experienced co-investment partners who have been in the market a long time. They know who the sellers are of premium assets in excellent locations. This is now our third deal with Seneca in little over a year and we hope to deploy more capital with them in 2025
— James Innes, Managing Partner, Chrystal Capital
There is a significant disconnect between market perception of commercial property risk in the regions and the realities. We are experienced operators of sub £10m sites and look to structure deals with low leverage and high equity returns.
— Chris Bullough, Managing Director, Seneca Property

About Seneca Property 

Seneca Property is an independent real estate investor which seeks to provide exceptional income and growth investment opportunities for investors. Seneca invest across a range of sectors including office, retail, leisure, industrial, residential and healthcare. 

 

For more information about Seneca Property, please visit https://senecaproperty.com/.  

 

About Chrystal Capital Co-investments 

Single Family Offices (SFOs) and Ultra High Net Worth Individuals (UHNWIs) are continually seeking access to high quality, professionally structured and well managed co-investment opportunities across a range of asset classes, without having to directly source and negotiate these opportunities. The ideal scenario enables our clients to cherry pick the investment opportunities they participate in, with limited demands on their time and resources. 

 

Through our relationships with institutional investors, we enable SFOs and UHNWIs to gain access to attractive investment opportunities that they might otherwise not be aware of. We provide curated deal flow across a variety of sectors, asset classes and structures – all tailored to known, specified preferences. 

 

For more information about Chrystal Capital please visit https://www.chrystalcapital.com

 
For further information please contact:  
James Innes, Managing Partner 
james.innes@chrystalcapital.com  
https://www.chrystalcapital.com