Aligned interests: In every investment, the main emphasis is placed on value creation and capital appreciation.
Our interests are income-driven. We do not price in major upward market movements and we don’t need them to make returns work. Investments will yield a respectable income for investors even if the market turns against us.
We focus on prime, but not trophy locations. The price premium to acquire trophy location does not necessarily translate into increased profits.
We will selectively acquire dated buildings with redundant uses, redevelop and repurpose them into income-generating assets of modern standards.
We buy ‘average’ or ‘common’ properties that don’t deviate from the mean making them easier to rent or resell.
We want to finance out our cash – or sell if the price is very attractive.
If a deal is good, we move very quickly as we are a private group not accountable to committees etc. This gives us preferential access when discretion and/or speed are required by the Seller.
Our ‘hold’ period is indeterminate. It is hard to find well-located, high-quality opportunities so when we do, we would like to hold on to them until the time is right. Historically, gains have been realized over a three to five year horizon. Exit strategies are developed in conjunction with management and range from family offices to institutional investors and private equity funds.
