Real estate investment for family offices, institutions and private clients. The value is in what we decline to bring you as much as in what we do.
Capital rarely arrives with a shopping list. It arrives with a return requirement, a hold period and a set of constraints. The work is turning that into a portfolio that survives contact with the market.
Whole buildings, portfolios and single lots, reaching us through owners, developers, funds and other advisers before anyone decides to market them. A good part of it is not formally for sale at all, and surfaces because an owner is thinking about it rather than acting on it.
A substantial part of the practice is international, and GCC family offices in particular. We are the London end of the operation: viewing, appraising, negotiating and working alongside the family's own legal, tax and banking advisers.
Index-linked income, institutional-grade covenants and long leases. A different discipline from prime residential, and one where the value sits in the lease and nomination structure as much as in the building. The funding usually follows the same shape: a development facility carrying the scheme through build and stabilisation, then a long-dated index-linked takeout priced off the lease rather than the bricks.
Where the money is committed but the plan is not. What to buy, in what order, at what weighting, and what to leave alone, tested against the return requirement before anything is bid on. The appraisal runs to what an asset could be made to do as well as what it yields today, because that is usually where the bid is justified.
Not every mandate starts with a purchase. Re-gearing leases, a change of use, splitting or amalgamating title, or repositioning a building that is earning less than it could. It is the same question as at acquisition, asked later: what is this asset actually capable of.
Single-let commercial, matched to operators. For owners, an operator with a covenant worth having and a lease worth holding. For operators, a building that suits the trade, in a location that justifies it. Residential, hospitality and mixed-use.
We do not bring you what is available. We bring you what is worth owning, and a view on what it could become.
Return requirement, hold period, risk appetite, jurisdiction and structure. What the capital is actually for, and what it must never do.
We approach owners, developers, funds and other advisers directly, and bring back what genuinely fits, with the reasoning attached.
Underwriting, due diligence coordination and negotiation. We work with your legal, tax and finance advisers, and introduce debt through our capital advisory practice where it helps the return.
Through exchange and completion, and on into letting and management, through our own lettings practice or a specialist partner where the asset needs one.
Three kinds. A buy-side mandate, where you tell us what you want to own and we go and find it, through relationships rather than portals. A strategy mandate, where the capital is committed but the shape of the portfolio is not, and the work is deciding what to buy before deciding what to bid. And an asset mandate, on something you already own, where the question is what it could be made to do rather than what to acquire next.
There is no formal minimum. The work suits allocations from around £5m upwards, and most of what we do sits well above that. Tell us what you are looking to place and we will tell you honestly whether we are the right people for it.
Prime and super-prime central London residential. Affordable housing and specialised supported housing. Long-income and index-linked assets. Single-let commercial, where the covenant and the lease are the point. And mixed portfolios, where the blend matters more than any single line.
Yes. A significant part of the practice is international, and GCC family offices in particular. We work alongside the client's own legal and tax advisers rather than acting as either, and we do not give tax or legal advice ourselves.
That the asset is not listed, not on a portal, and in most cases not known to be available. It reaches us privately, through relationships rather than marketing. It does not mean cheap. It means fewer bidders, a controlled process and a seller who wanted discretion.
Tell us what you are looking to place and where. Every enquiry is treated in confidence.
Tell us what you are looking to place and where. Every enquiry is treated in confidence.