Productive use

IBVAS Corporate

We select assets where the tenant generates stable cash: resilient retail, healthcare, light logistics and trades — with leases that protect your balance sheet.

Covenants & security

Guarantees, deposits and maintenance clauses aligned with risk.

WAULT & break options

Expiry and renewal analysis to forecast income.

Tenant vs landlord capex

Who funds critical improvements and impact on residual value.

Institutional exit

Packaging for a fund or industrial buyer on portfolio sale.

Reference indicators

Averages and indicative ranges from the market or internal operations — not a promise of results.

0 yrs Indicative average WAULT Rent-weighted; sectors differ.
0% Typical portfolio occupancy Stabilised assets under management.
0% Yield on value Initial gross; review with indexation.
0% Maintenance / rent ratio Indicative reserve for intensive-use assets.

Contractual income by year (example)

Relative index — year 1 = base

Sector mix (reference)

  • Health & wellness 35 %
  • Convenience retail 28 %
  • Light industrial 22 %
  • Other 15 %

Investment and return examples

Illustrative scenarios with sample figures. Each mandate needs its own analysis.

Triple-net style

Clinic unit · long lease

Investment €890,000
Indexed annual rent €61,000
CPI review Annual
Initial term 12 years

Tax structure and repair obligations per lease.

Logistics

Last-mile warehouse

Target project IRR 9–11%
Exit Year 7–8
Tenant Rated operator

IRR is indicative and depends on leverage and entry price.

Typical process

  1. 01 Sector thesis
  2. 02 Off-market pipeline
  3. 03 Contractual DD
  4. 04 Close and handover
  5. 05 Asset management

Corporate assets carry tenant concentration risk and sector regulatory change.