Case Studies

Full underwrites of the properties I've modelled. Each write-up shows the reasoning behind the numbers.

August 6, 2026
Industrial · Deal Underwrite

Unit 4, Monkton Park, Farnham

A single vacant industrial unit near Farnham, underwritten with a VOA-scaling ERV methodology, a 6.50% entry yield and seven years of lease, debt and exit assumptions. The deal returns an unlevered IRR of 5.88%, and I back-solve the price that would make it work at fund-level returns.

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