Developments Explained

Development

Joint ventures are never entered into if there is a mismatch of corporate values and any agreements are always entered into with all participating on the basis of full transparency and an “open book” basis to ensure equitable relationships.

Partners-to Group™ core full time and advisory management team covers all disciplines across the development cycle and all developments are done turnkey, from concept to practical completion, often also in joint ventures with local professionals & contractors.

Development opportunities introduced by Network Partners are reviewed and assessed according to a predefined process which includes aspects such as:

Introduction by Network Partner
Non disclosure agreement
Commission agreement
Profit share agreement
Meeting development criteria and sector focus
Initial feasibility study
High level due diligence
Investment proposal
Conditional letter of intent
Detailed due diligence
Design review
Loan application
Heads of terms and bank term sheet
Independent Market valuation
Purchase and shareholders’ agreement
Loan acceptance and equity investment

Generally a conditional Letter of intent is issued anywhere between two - six weeks after submission of the development opportunity by the Network Partner.

All market related commissions are paid to Network Partners at times such as is customary in the industry and profit share participations are generally paid upon practical completion or exit from development.