Colchester Garrison is one of the most strategically important defence bases in the UK and serves as the Headquarters for several Ministry of Defence operating units and over 3,500 personnel.
- Social Infrastructure
Colchester Garrison
- PPP Equity PIP
Case study overview
The 185 hectare site provides a mix of training and support facilities, regimental command and residential accommodation across 137 newly constructed buildings.
The PPP project reached financial close in 2004 with construction carried out by Sir Robert McAlpine, completing in 2008. Facilities management services include the provision of both Hard and Soft services which are delivered by Sodexo. The concession runs for a period of 40-years expiring in July 2040.
Sector
Social Infrastructure – DefenceFund
PPP Equity PIP, Co-investmentsFirst Investment date
August 2014Shareholding
98.0%
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- Social Infrastructure
University College London Hospital (“UCLH”)
June 2012
Investment strategy
How we invest
For the past 14 years Dalmore has focused on investing in infrastructure that provides services critical to the functioning of society.
Through disciplined selection Dalmore funds have invested in lower volatility assets without significant exposure to GDP, traffic, usage or market price risk. Geographically Dalmore’s focus remains the UK, although we also manage assets in Europe and North America.
Looking forward, the UK mid-market core and core-plus segment continues to be our main focus, which we believe offers opportunities where disciplined underwriting, a thorough analysis of market exposure and local market expertise may support attractive risk-adjusted returns.