Past Transactions
No two deals are the same. At Pronoia, we identify, underwrite, and execute on the merits of individual deals.
Australia Industrial Portfolio
A portfolio totaling 10 assets across Victoria and South Australia totaling 271,000 sqm NLA (75,000 sqm NLA under construction) ranging from single-tenant build-to-suits to multi-tenanted estates
Value-add Propositions
- early identification of industrial / logistics as growth sector for Australian market in 2018
- grew portfolio from 4 assets initially to 10 assets
- formulated and executed strategy to create in-house development management capabilities
- oversaw operations of local development manager
Grade A Office – China
25-story, 50,000 sqm GFA Grade A office building in Puxi district, Shanghai, China
Value-add Propositions
- off-market transaction from motivated seller
- hands-on extensive refurbishment of common areas including new ground floor lobby, upgraded lift lobbies on each floor, new landscaping and new canopy
- personally designed new logo for building
Retail Shopping Mall – China
67,000 GFA newly constructed retail mall in Tongzhou district, Beijing, China acquired on vacant turnkey basis
Value-add Propositions
- Identified Tongzhou as up and coming market
- documentation & negotiation with PRC State-Owned Enterprise notwithstanding language barrier
- hands-on asset management to design and implement layout, desired tenant-mix, and interior design
- secured financing notwithstanding vacant possession
- explored follow-on opportunities with developer