Naves Sils
Sils, Girona
Invernova co-invests in this operation
We contribute €144,446 (23.4% of total capital). Our success depends on yours.
Description
Naves Sils is a buy-and-sell operation on a set of industrial units located in Sils, a municipality in the La Selva county (Girona). The complex sits in the La Cuca estate, with the strategic advantage of direct access to the AP-7 motorway.
The complex is made up of three adjoining units of about 478 m² each, originally conceived as a single unit that was later subdivided. Each module has offices, two bathrooms, a truck entrance and a rear yard. The properties are in good condition, although refurbishment and fit-out are planned.
The project finances the acquisition of 100% of the properties. Invernova takes on the refurbishment and the commercialization, marketing and home-staging costs, plus the inherent expenses, investing its own capital alongside the participants ahead of resale.
Key data and projection
Property type
Industrial warehouses in La Cuca Industrial Park (direct access to AP-7)
Estimated property value
€900,000
Estimated total investment
€618,000
Estimated profit
+€282,000
Profit on the estimated investment
Estimated investment breakdown
Operation structure
Purchase, value-add and sale operation in Sils (Girona): Industrial warehouses in La Cuca Industrial Park (direct access to AP-7). INVERNOVA TRADE S.L. bought the property and co-invested its own capital in the operation alongside the co-investors. The co-investors took part through a private contract with INVERNOVA TRADE S.L., with the property itself as collateral. Success-based return: the actual profit from the sale, after purchase, refurbishment, taxes and costs, was shared between the co-investors and Invernova as agreed in the contract. Target term at entry: 24 months. Actual term to settlement: 37 months.
Key risks
- Sale price risk: the return depended on the final price; a sale below forecast reduces the profit and can affect the capital.
- Timing risk: the sale could take longer than planned, delaying the repayment of capital and the return.
- Demand risk: buyers of industrial warehouses are scarcer and the sale depends on the economic activity of the area.
- Result: operation settled with an obtained return of 34.3 % in 37 months. Past performance does not guarantee future results.
Project updates
Operation completed
Operation Nau Sils successfully completed: capital returned to co-investors with a 32.5% return.
Operation underway
The execution phase of the operation has begun. We will keep you informed of the most relevant milestones.
Operation 100% funded
We have reached the funding target. The operation phase will begin shortly.
Funding open
The operation is now open to co-investment. Reserve your participation before the round is filled.
New operation
Operation Nau Sils launched. Capital raised and underway.
