Ashbourne Performance
Over the past 18 years, Ashbourne has established a track record of fundraising, joint venturing, purchasing, managing and selling over £300 million of UK commercial property, with a proven ability to deliver diverse property solutions.
Ashbourne has returned an average simple annualised return on equity in excess of 20%, with the exception of 2 portfolios purchased within separate joint venture structures in 2006-2007, currently being managed out.
Ashbourne fully funded a joint venture with Asda over it’s 11 acre London Docklands property, obtaining planning permission for £1 billion of mixed commercial and residential assets. Ashbourne has since arranged the successful sale of a majority interest, introduced new third party funding and retains a significant minority interest.
Ashbourne has successfully worked with numerous equity partners including Revcap, Tyburn Lane, Babcock & Brown and G.E. Capital Real Estate. Ashbourne has had banking relationships with Bank of Scotland, Nationwide Building Society, Royal Bank of Scotland, Anglo Irish Bank and GE Capital.
Performance Table
| Portfolio Name | Purchase Price | Year of Acquisition | Year of Sale | Simple Annualised Rate of Return |
|---|---|---|---|---|
| Portfolio 1 | £8,337,000 | 1999 | 2004 | 14% |
| Portfolio 2 | £11,503,000 | 2000 | 2004 | 14% |
| Portfolio 3 | £13,991,000 | 2001 | 2003 | 21% |
| Portfolio 4 | £47,244,261 | 2002 | 2005 | 22% |
| Portfolio 5 | £38,828,000 | 2003 | 2005 | 25% |
| Portfolio 6 | £3,404,574 | 2004 | 2008 | 20% |
| Portfolio 7 | £5,063,913 | 2004 | 2014 | 13% |
| Portfolio 8 | £14,579,847 | 2005 | 2007-16 | -3% |
| Portfolio 9 | £2,485,000 | 2008 | 2014 | 50% |
| Portfolio 10 | £60,806,935 | 2006 | Ongoing | – |
| Portfolio 11 | £60,063,172 | 2007 | Ongoing | – |
| Total | £266,316,702 | 20% |