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HÔTEL SHERATON NICE CÔTE D’AZUR

ICG, Nice

Technical appraisal of the project and site works which were in progress prior to a loan to the future hotel management company

Mission : Technical Due Diligence & loan monitoring

Results : 

  • Project monitoring:  progress, quality of works, planning and fire safety authorisations were monitored on behalf of the lender
  • Review and approval of monthly requests of payment issued by the « Maitre d’Ouvrage Délégué » and the borrower
  • Completion and opening achieved in May 2022

PRE-ACQUISITION TECHNICAL AUDIT

Joint Treasure International Ltd, Paris 8ème

• Extensive Technical Due Diligence of the asset with a visual audit and data room analysis
• Verification of the restructuring plan implemented by the vendor
• Drafting of 10-year capital expenditure budgets
• Assistance with negotiation

Mission : Technical Due Diligence

Results :

• Acquisition of the asset by the client
• Secured the client’s business plan
• 5 years after acquisition, provided assistance to the client to obtain refinancing following the 2020-21 pandemic

PRE-ACQUISITION TECHNICAL AUDIT OF A HISTORICAL MONUMENT UNDERGOING RESTORATION

JCDecaux Holding, Biarritz

• Audit of the Hôtel du Palais, the subject of major renovation-restructuring work
• Audit of the building and review of the performance of the work in progress

Mission : Technical Due Diligence

Results :

• Qualitative analysis of work performed, in progress and programmed
• Critical analysis of the budgets for building work to be undertaken
• Acquisition of the asset by the client