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Illustrative Demonstration Data Only — Not Live Market Information.
The asset
Norwich Solar Site — the underlying real asset securing this offering.
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Slide 1 of 3: The asset. Norwich Solar Site — the underlying real asset securing this offering.
OpenDevelopment land · Norwich, East of England, England
Norwich Solar Site
118 acres with a grid connection offer for solar. Valued at £2.15M — Indicative asking price for a holding of this size and grade in this location — land values are not covered by the UK HPI; benchmark against the RICS/RAU Rural Land Market Survey.
NOR062ERC-3643Permissioned EVMEPC BFreeholdEngland
Key metrics
- Property value
- £2.15M
- Local authority
- Norwich
- Property type
- Development land
- Tenure
- Freehold
- EPC
- B
Use of proceeds
- Acquire the development land interest at £2.15M
- Fund SPV formation, RICS Red Book valuation and legal title work
- Fund the FCA-perimeter structuring and token issuance programme
- Retain a servicing and maintenance reserve
Structure
- Sponsor
- Colliers UK
- Trustee
- Democratize Security Trustee Ltd
- Custodian
- Independent UK custodian (demonstration)
- Instrument
- Property SPV equity
- Ranking
- SPV equity, unencumbered title
- LTV
- 0% (unlevered)
- DSCR
- n/a
- Maturity
- Open-ended
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