Property Deal Advisory
Black Obsidian Group acts as transaction managers to navigate through commercial property development and acquisition process.
From initial discussions with a counterparty up to transaction closing, we are able to provide guidance though the transaction life cycle.
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Together with our preferred due diligence partners to advise on technical, legal and tax counselling as well as property valuers, we act as deal managers on your behalf and will liaise with all the transaction stakeholders via detailed project plans.
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We specialise in creating detailed financial models to ease your investment decision making process.
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By stitching together the story and numbers of your deal through presentation decks and financial forecasts, we can make your next property acquisition or development bankable.
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1
Transaction Structuring
Within the property acquisition and development process, we have preferred partners - from land surveyors to tax advisors to notaries - with whom we regularly work with for transaction structuring. We have access to partners in several African jurisdictions, including Mauritius.
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We'll assist you in setting up the right capital structure in order to minimise tax leakages, especially on cross border property acquisitions out of Mauritius and into Africa, such that your cash and capital returns are maximised.
2
Deal Negotiation
Setting the right expectations in terms of key commercial parameters and project timeline upfront is paramount to a successful transactions, and to create leverage throughout the negotiation process.
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We'll assist you every step of the way from the initial rounds of exchanges to the post-closing steps. A detailed project plan with all the key processes and steps of the development or acquisition process up to the deal closing will be mapped out.
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3
Legal Agreements
We have ready-to-go legal templates spanning from vanilla property acquisitions, to acquisition of shares of property-holding companies and for property development projects. The suite of transaction agreements includes:
1. Expression of Interest (non-binding)
2. Memorandum of Understanding
3. Sale and Purchase Agreement
4. Lease Contract
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4
Funding (Financial Models & Pitchbook)
Template investment models which encompasses:
1. Lease, land lease and parking bay income
2. Property and administrative expenses
3. DCF-based and income capitalisation methodologies for property valuation
4. Tax computation sheets including VAT, capital allowance, withholding tax (on rent, fees, interest and dividends)
5. Equity and debt structuring
6. Returns computation (cash and capital returns, IRR, TMB)
6. Debt-related metrics (Loan-to-value, Debt Service Coverage and Interest Coverage ratios, etc.)
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Our template presentations and pitch books story - backed by the numbers - make your transaction bankable.