Sector:  Logistics
Value:  >£500 million

Funders:  Lloyds Banking Group
Deal Type:  Long term funding agreement

Partners of ASA advised Verdion Properties LLP on a long term and strategic funding partnership with the Healthcare of Ontario Pension Plan (HOOP), a Canadian based pension fund. This includes the development by Verdion and funding by HOOPP of a major development at Rossington, near Doncaster, involving a combined transport and logistics hub – the “iPort”.  In addition to funding projects in the United Kingdom the funding partnership with HOOPP will see Verdion sourcing and developing build-to-suit projects for logistics operators throughout Europe over a five year period. 

The Partners of ASA continue to advise Verdion on the implementation and structuring of new projects.