We Transform Local Opportunities
into Institutional Spaces

Thesis Identification
In-depth analysis of the asset class to identify investment theses based on Spanish and international trends and macro trends.

Sourcing and underwriting
Rigorous bottom-up approach that leverages our extensive operating experience and feedback loops — with emphasis on capital markets environment, including credit conditions, monetary policy, and asset-specific risk premiums for equity investors

Closing
Strategic coordination with all stakeholders to ensure timely and efficient closing, while optimizing leverage through strong relationships with national and international lenders, and conducting thorough due diligence to mitigate potential risks.

Asset Management & Operating Platform
Continual collaboration with the AM team to monitor and improve performance vis-á-vis pre-closing assumptions, using actual data to enhance future asset underwriting.

Exit
Extensive support throughout the entire exit process, including coordination with asset management and support teams.

Thesis Identification
Proactive collaboration with sourcing network to procure optimal entry pricing points and alignment with investment thesis within the target asset class

Sourcing and underwriting
Procurement of value via off-market acquisition channels.
Scale and execution risk mitigant through full local market coverage.

Exit
Maximize asset value by introducing the assets to prominent local players in the insurance, mutual funds, and private banking sectors

Sourcing and underwriting - Closing
Expertly structuring investment opportunities utilizing the benefits of the Spanish legal framework and fostering long-term relationships with sellers to execute highly profitable deals

Sourcing and underwriting
Early support from the legal team to gain insights into acquisition assumptions and explore value creation opportunities.

Closing
Expert support in all aspects of the closing process, including pre-closing checks for DD, AML, and KYC, as well as negotiations with sellers, SPA drafting, and notary signing and closing.
Complete vehicle structuring support at the Spanish investment level. In-house solutions for unique opportunities with complex issues (NPL with DIP, squatters, WIPs).

Asset Management & Operating Platform
Ongoing legal support for Spanish investment structure, including secretary services and advising the AM team on assets and operations. Exit
Full support throughout the exit process, including mandate and SPA drafting and review

Sourcing and underwriting
Comprehensive analysis of tax structures, tailored to each specific asset class and opportunity, to minimize acquisition costs, maximize operating cash flows, and enhance net exit proceeds.

Closing
Customized vehicle structuring solutions at the Spanish level prior to investment, including input on SHA, SPA, and other relevant documents to ensure adherence to the envisioned transaction structure.

Asset Management & Operating Platform - Exit
Continuous tax monitoring throughout the investment cycle, including strategic tax planning for exit to maximize deal proceeds.

Sourcing and underwriting
Active AM team engagement in the underwriting of the asset’s P&L

Closing
All-encompassing direct asset management services, including: (i) reposition works (CapEx project management / contract rotations / operator changes) (ii) development management, (iii) executing top-line value-adding strategies, (iv) implementing OpEx cost-cutting measures, (v) monitoring ESG practices and obtaining certifications, and (vi) coordinating appraisals, audits, and accounting tasks.

Closing - Asset Management & Operating Platform - Exit
Institutional and quantitative-focused reporting of investments, delivering in-depth insight into property and portfolio performance, along with comprehensive ESG reporting.

Streamlined internal operating solutions that ensure effective capital alignment. Tailored ad-hoc offerings based on asset class, including leasing management, property management, facility management, and managerial accounting.

Closing
Efficient asset onboarding through coordination with investment and asset management teams.

Asset Management & Operating Platform
Strong focus on NOI expansion through effective strategies for top-line revenue enhancement (branding, cross-selling, app integration, and best-in-class marketing) and OpEx reduction (portfolio-wide supplier contracts, agreements with FF&E providers).

Closing - Asset Management & Operating Platform - Exit
Internal operations, coordinated with your feeder structure, to ensure capital calls, accounting, auditing, regulator reporting, legal secretary services and other related tasks are executed timely and efficiently.