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Whoever the allocator, the same standard.

Institutions, family offices, corporate occupiers, private investors and families each weigh a different question. The evidence is built around theirs.

Colleagues in conversation in a boardroom

Funds and institutions

Institutional investors

Evidence ahead of each allocation.

Institutional allocations are examined by many people and held for many years. Every assumption is stated, so the findings can be checked line by line.

Starts with

The brief

An allocation under review: the asset, the underwriting inputs the committee uses, and the horizon it is held over.

Assembled

The evidence

Comparable transactions, lease and tenant data, absorption and supply, with a stress test and scenario analysis of the downside.

Delivered as

The findings

A written assessment structured for an investment committee, with every assumption stated.

Measures

Read in these terms

  • Net initial yield
  • WALE
  • IRR
  • DSCR
  • Sensitivity
A consultant leading a discussion with her team

Single and multi-family

Family offices

A clear reading of assets held for the long term.

Family capital is patient, and the questions differ. The findings are set out in plain terms, for the principal and for the family.

Starts with

The brief

An asset, or a question of allocation: how it sits against what the family holds, and the horizon the family thinks in.

Assembled

The evidence

Income across cycles, market depth, and how the asset compares with the other holdings.

Delivered as

The findings

Findings in plain terms for the principal, with a fuller schedule for the family office team.

Measures

Read in these terms

  • Income across cycles
  • Market depth
  • Relative value
  • Concentration
A consultant presenting her thinking to colleagues

Corporate real estate

Corporate occupiers

Evidence for the property a business runs from.

Headquarters, logistics and operating property turn on cost, location and flexibility as much as price.

Starts with

The brief

A site or a property decision: the footprint, the horizon, and the cost the business can carry.

Assembled

The evidence

Market rents, total occupancy cost, supply, incentives and the depth of demand for the location.

Delivered as

The findings

A comparison of sites against the market, set out for the board or the property committee.

Measures

Read in these terms

  • Market rents
  • Occupancy cost
  • Supply
  • Location
Colleagues in discussion around a meeting table

HNWI and UHNWI

Private investors

Downside, income and price, before capital is committed.

When personal capital is deployed, the asking price is only one side’s number. The decision rests on the evidence.

Starts with

The brief

A property or project on the table, and the objective behind it: income, growth or both.

Assembled

The evidence

The downside case, the income after costs, and the price against comparable transactions.

Delivered as

The findings

A written assessment, presented by Statepolitan, with questions answered directly.

Measures

Read in these terms

  • Downside case
  • Net yield
  • Entry basis
Two colleagues reviewing figures on a laptop

Preservation and succession

Private families

Income, depth and price for property held across generations.

Property held for a family’s long term is judged by its resilience, not its next price.

Starts with

The brief

Property held, or considered, for the long term: what it must do, and for whom.

Assembled

The evidence

How the income behaves when conditions turn, how deep the market is, and how the asset compares with the alternatives.

Delivered as

The findings

Plain-language findings the whole family can follow, with the assumptions written beneath each.

Measures

Read in these terms

  • Resilience
  • Market depth
  • Comparison

What every client receives.

The same four things, whatever the asset and whoever the client.

Findings

A written assessment

Downside, income, market and entry basis, with every assumption stated.

Presentation

Presented in person

We present the findings and answer questions directly.

Method

One stated method

Every assumption is stated, and every assessment is built the same way.

Confidence

Discretion

Objectives, holdings and enquiries remain private.