Reconciled underwriting
Every deal we present has been through a structured underwriting pipeline. The figures are reconciled across scenarios before a memorandum is issued. We do not present indicative models. We present figures that tie.
For Investors
Disciplined access to UK commercial property.
We work with a select group of sophisticated and professional investors on each transaction. We do not manage a fund. We bring individual opportunities to individual partners, with full documentation and reconciled underwriting before any capital is committed.
Why Partner With Us
Why partner with us
Structured access to UK commercial property, with the underwriting shown rather than asserted.
Asset-backed positions
All investments are secured against physical UK commercial property. Multiple exit routes are identified and modelled before capital is committed.
Paid after you, not alongside you
Our share of a transaction arises only once investors have received their capital and their preferred return. Profits above that are split. If a project disappoints, we are paid last.
Quarterly transparency
Investors receive quarterly reporting on performance, risk status, asset management progress and cash position, from deployment through to exit. Capital stack and fee structure are fixed at the outset.
Dual structure availability
Every qualifying transaction is structured in parallel under conventional and Shariah-compliant frameworks. Musharakah equity participation and Sukuk structures are available for Islamic capital.
Underwriting you can inspect
We will show you how a deal was underwritten before we ask you for anything: scenario analysis, the risk register, the waterfall, and the assumptions behind each figure, including the ones that made us walk away from other buildings.
How We Structure Deals
Capital Structures
Flexible structures to meet different investor profiles and return requirements.
Senior Debt
First-charge security over the property. Fixed interest, paid quarterly. Full capital repayment on exit. The most secure position in the structure and the lowest return in it.
- First-charge security over property
- Fixed quarterly interest payments
- Full capital repayment on exit
ReturnsDeal specific
Mezzanine Finance
Second-charge security. Fixed or profit-participating returns depending on how the transaction is structured. Investment period aligned to the project timeline.
- Second-charge security over property
- Fixed or profit-participating returns
- Flexible investment period
ReturnsDeal specific
Equity Partnership
Direct equity participation in the transaction vehicle. Pro-rata profit share on exit, after the preferred return has been paid. Our performance share is payable only after investors have received their preferred return and their capital in full.
- Pro-rata profit share on exit
- Full project visibility and reporting
- Our performance share paid only after your preferred return and capital
ReturnsDeal specific
Our Process
How We Work With Investors
01
Initial Consultation
A confidential conversation to understand your objectives, return requirements, preferred structure and capital capacity. No obligation and no marketing.
02
Deal Pack
If a current opportunity fits your profile, you receive the full Investment Memorandum: scenario analysis, the reconciled financial model, risk register, waterfall, fee schedule and regulatory disclosures. Everything you need to make an informed decision, and nothing you do not.
03
Investment & Reporting
Subscription documentation, capital deployment, and quarterly reporting from day one through to exit. You always know what is happening and why.
Deal pack
See how we underwrite
Completed project details are available to verified investors on request.