Capital structure and asset strategy, solved together.
Development, operating real assets and special situations across Europe and the Gulf — advised for owners, sponsors and the capital that funds them.
Where our conviction sits.
Healthcare Real Estate
Clinics, care homes and specialist facilities, structured around the operator as much as the building.
Development
Residential and mixed-use development capital, joint ventures and forward structures.
Hospitality & Living
Hotels, serviced and branded living, and operating assets where brand and management drive the yield.
Special Situations
Distressed, transitional and complex-title assets where speed, structure and discretion decide the outcome.
Real assets reward a single point of judgement.
Real asset transactions fail at the seams: between the asset and the operator, between senior debt and equity, between the sponsor’s timetable and the market’s. We are retained to hold those seams together.
We work from the capital structure outwards — what the asset can carry, who will fund it, on what terms and with which operator — and stay in the transaction through documentation and completion.
Situations we are brought into.
Development capital
Equity, mezzanine and joint-venture capital for development and repositioning programmes.
Portfolio transactions
Acquisitions and disposals of operating portfolios, including cross-border processes.
OpCo / PropCo structuring
Separating and financing operating businesses and their underlying assets.
Recapitalisations
Refinancing, restructuring and rescue capital where the existing structure no longer holds.
Discuss a real assets mandate.
Send the situation in outline. A partner responds in writing, in confidence, with a view on whether we can move it.