Acquisition Criteria

Carlyle Development Europe (CDE) is consistently seeking higher than normal returns on its investments, through acquisition of select non-performing real estate and first mortgages, or high-quality properties in distressed markets, which have substantial upside potential, usually due to the following profiles:

Seller Profiles:
1. Distressed and Unqualified Owners
2. Quality & Semi-Quality
3. High Cash Flow or Low Replacement Cost
4. Excellent Primary and Secondary Locations

Location:
United Kingdom: Birmingham, Edinburgh, Glasgow, Leeds, Liverpool, London, Manchester
Spain: Barcelona, Valencia, Madrid, Sevilla, Zaragoza, Malaga

Shopping Centers (Regional, Community)
Size: 100,000sf -1,800,000sf.
Minimum Occupancy: Preferably 55% of Center

Office Buildings (Class A, B, C)
Size: 80,000sf -450,000sf.
Minimum Occupancy: Preferably 45%.

Residential Apartments; (Low-Rise, High-Rise, Townhouse Complexes)
Size: 100-700 units
Minimum Occupancy: Preferably 35%.