Chatham, Kent
Equity Raise
£200k

Chatham

Chatham, Kent – Equity Raise 

Summary of the Deal

  • CDP provided the bridging finance to complete the putting in and utility cables for and 18-unit new build scheme in Chatham.

Carpe Diem Involvement

  • CDP Co invested £200k with an ultra-high net worth family office

Headline Figures

  • GDV: £9m
  • Average sale price £500k-£600k for 3 and 4 beds

Petersfield Retirement Village
Equity Raise
£25m

Petersfield

Petersfield Retirement Village Equity Raise

Summary of Deal

  • CDP advised on the land acquisition and facilitated £25m of funding for a C2 Assisted Living development in Petersfield.
  • The JV funding comprised of a £19m senior debt tranche from Oaknorth, a £5m mezzanine tranche from Cogress and developers equity was provided by CDP and a Family Office.
  • The retirement village scheme consists of 72 luxury cottages and apartments and boutique style club house / care hub  including restaurant and guest facilities.

“Carpe Diem Property remain an invaluable, highly creative Capital Advisory Partner. They have assisted us, not only in our capital raising requirements but also in securing our future site pipeline as JV partners.”

– David Boden, Chief Executive of Pacalis.

Woking, Surrey
Equity Raise
£600k

Woking

Woking, Surrey

Summary of Deal

  • Proposed scheme: Office to residential scheme of 49 units, mixture of 1 and 2 beds units
  • Project Length: 18 months
  • Return: 10% preferred return, 50% profit share, 48% ROC

Carpe Diem Involvement

  • Carpe Diem Property raised a significant proportion of the equity on behalf of the developer.

Headline Figures:

  • Equity Required: £1.7M
  • Total Costs: £8.6M
  • GDV: £11M
  • Profit: £2M
  • Profit on cost: 22%