We have expertise in the real estate sector, with over US$350 million in successful project delivery and managing a portfolio of property globally over US$500 million in assets under management, including 5 star-hotels and multi-functional complexes in the European market with properties under management in Minsk, Paris and Barcelona for leading global brands. We have strong international presence with offices in Dubai, Doha, Luxembourg, Minsk and Vancouver.
Providing full life cycle Hotel Management Services from acquisition or development to asset and hotel management services. We have project delivery teams and operational management teams that provide value-added benefits to owners above the normal hotel management services offered by most companies.
Our company has served the role as the Client’s Representative on a number of investments from sourcing and acquisition services, corporate structuring, shareholder engagement, investment allocation, development and management of new projects. Our aim is to develop long term relationships with all our clients through complete dedication to achieving success for them, guiding them safely through demanding circumstances, and going the extra distance to find value-added benefits. We measure our success by the success of our clients.
Over the years, we have developed an extensive network in the real estate and hospitality industries and have established long term relationships with some of the largest hotel groups in the world including Marriott International and Accor Group.
Property Investment Management
Toronto
Embassy Suites Niagara Falls. For this ‘best in class’ hotel investment in Ontario, we provided hospitality due diligence and acquisition management services.
Paris
Paris Courtyard. With our longstanding business relationship with Marriott International, we were able to provide an “Investment Fund” with a unique investment opportunity.
Paris
Radisson Blu Ambassador Hotel. For this investment project, we provided a market survey, legal services, due diligence study, and valuation services.
Athens
Through our extensive network of contacts throughout Europe, we were able to source a unique and exiting investment opportunity at a Hilton Athens 5 star luxury hotel. We managed the evaluation of the property and estimated the potential revenue and value of the property on numerous renovation and rebranding scenarios. This helped the investor prepare their purchase offer and negotiate the sale on advantageous financing terms.
London
For the Hilton Wembley investment, we provided hospitality due diligence and acquisition management services.
Property Development & Asset Management
Paris
The Pullman Paris La Défense Hotel is a 382-room 5-star hotel located in the heart of La Défense, the financial district of Paris. We sourced a high-profile luxury hotel property in a central location in Paris. The acquisition consisted of shareholder takeover of the principal holding company. Under our management, the operations mitigated a severe market downturn achieving above-market returns in that period, and through strategic investments, we enhanced the asset future value for greater returns to the client.
Barcelona
Renaissance Barcelona Hotel. We sourced a high-profile luxury hotel property in a central location in major cities in Spain. Through negotiation was able to achieve favourable terms for the acquisition of the Real Property and Operating Business. Under our management, the operations mitigated a market downturn achieving above market returns in that period, and through strategic investments, we enhanced the asset future value for greater returns to the client.
Paris
Radisson Blu Ambassador Hotel. For this investment project, we provided a market survey, legal services, due diligence study, and valuation services.
Minsk
In 2011 we were appointed to fully develop a US$300 million project in Minsk including a 5-star Hotel and a sport and entertainment complex. Our Company brokered land development rights for the complex in Minsk with Belarusian top-level government officials and managed the investment and real estate development including securing hotel licensing and project management from design through construction. We oversaw the market study, legal and financial due diligence, feasibility studies, project planning, local company establishment and full management of ground-up development. At the post-development stage, our company had been chosen to manage the property on behalf of the new owner. We established a company in Minsk in order to effectively manage the asset and operations. The complex fully opened in February 2017.
Frankfurt
Frankfurt Intercontinental Hotel. We were mandated by a client “Investment Fund” to provide investment management professional services and to undertake an extensive study based on a full evaluation of this hotel on legal, financial and engineering terms, in addition to providing procurement recommendation on how to best improve the financial performance and value of the hotel.
Vienna
Marriot Hotel Vienna. We were mandated by a client “Investment Fund” to modify the top floor of the Marriott Hotel in Vienna from its existing standard room arrangements into luxury suites. To that end, we engaged the services of local consultants and interior decorators to design, oversee and undertake the renovations works. The project was completed below budget and within the allocated scheduled time frame.
Investment in Niagara Falls, ON
The investment is a 560 room upscale all-suite hotel located in the heart of the Canadian city of Ontario which features magnificent views of Niagara Falls.
The property is a flagship hotel in the market which opened in 2003 and is owned and operated by a successful local development company under a 20 (twenty) year licence with the leading International brand.
Our Client, a Qatari institution assigned Maunsell Investment Company Ltd to undertake legal, financial, market survey and feasibility due diligence studies following agreement with the current Owner of an exclusivity period and the signing of a Letter of Understanding in the summer of 2015 to acquire the property. Due diligence studies were carried out by international hospitality consultants, accountants and legal advisors under the guidance of Maunsell Investment Company Ltd and reports were submitted to the client during the fourth quarter of 2015.
During the exclusivity period Maunsell Investment Company Ltd received instructions from the client to prepare an Agreement of Purchase and Sale to acquire the property under a long term Management Agreement with the current owner and this has been developed and coordinated between parties with legal counsel support.
It is expected that the two stage acquisition process will proceed with Signing of the Agreement of Purchase and Sale before the end of the exclusivity period and Closing the acquisition following completion of corporate structuring activities, transfer of commercial loans and conclusion of closing formalities during the first quarter of 2016.
