01
Find, replace or selectively approach operators
- Situation
- A new-build or conversion has no operator, a contract is expiring, an operator has failed, replacement is required or selected operators need discreet off-market outreach.
- Mandate and review question
- DIH defines the operator and product profile, develops longlist and shortlist, approaches suitable candidates discreetly or through a structured process and supports offer comparison.
- Outcome
- A traceable operator process with suitable candidates, comparable offers and a negotiable preferred option.
Discuss the operator process→02
Review an operator offer or LOI
- Situation
- One or more operator offers are available. Headline rent, term and brand look attractive but are not yet commercially comparable.
- Mandate and review question
- DIH compares operators, P&Ls, covenant and contract logic. Which LOI risks must be resolved before negotiation?
- Outcome
- Offer comparison, operator fit, LOI risk memo and prioritised negotiation points.
Request an offer review→03
Structure sustainable rent and contract parameters
- Situation
- For a new development, mixed-use project, hotel or longstay concept, the viable lease and contract logic remains open.
- Mandate and review question
- DIH connects market, operator P&L and ramp-up. What rent is sustainable and how should securities, FF&E and indexation align?
- Outcome
- Sustainable rent framework, lease-cover underwriting and target contract parameters.
Discuss the lease structure→04
Prepare financing, investment committee or exit
- Situation
- The operator and contract structure needs to become readable for a bank, investment committee or future buyer.
- Mandate and review question
- DIH condenses cashflow, risks and operator structure. Is the constellation financeable, investable and readable at exit?
- Outcome
- IC-ready decision memo, sensitivities and a clear exit-readiness assessment.
Prepare the investment decision→