Origination

Under this strategy, Stone Eagle Capital Partners focuses on securing on behalf of its clients real estate assets, which offer solid, intrinsic, long-term value. This involves acquiring assets at discounted values relative to replacement cost, stabilized cash flows or comparable market sales while at the same time avoiding opportunities where key value drivers are not real estate based. Stone Eagle Capital Partners underwrites such investment propositions on an unleveraged basis, and then customises capital structures to optimize risk-adjusted returns. Our firm believes that a focus on value-oriented investing philosophy provides substantial downside protection.

Stone Eagle Capital Partners focuses on identifying, on behalf of its clients, fundamentally sound real estate assets that display physical, operational or financial dislocations. The objective is to deploy targeted value-added strategies to optimise income and enhance value through active portfolio and asset management. These strategies may:
 

• Address any capital structure, physical or operating issues pertaining to the investment.
• Engage in targeted capital expenditure.
• Explore tenant lease-up opportunities.
• Re-position or re-tenant the asset to match projected demographic trends.
• Deploy, where appropriate, portfolio aggregation techniques and subsequent cap rate arbitrage at disposition.
• Define multiple exit strategies at the time of acquisition.

Stone Eagle Capital Partners is uniquely positioned to exploit the favourable opportunistic investment environment primarily through an “off-market” origination strategy that results in a strong pipeline of proprietary transaction for its clients. Opportunistic strategies may include:
 

• Acquiring distressed properties from overleveraged owners at discounts to replacement costs.
• Explore the opportunity to provide fresh equity to properties with broken capital structures.
• Capitalise on the extreme risk aversion and secure fundamentally sound properties with minor impairments that can be rectified with an injection of new capital or active management.
• Identify “special situations” where listed real estate companies are trading at a significant discount to their Net Asset Value.
• Participate in select land acquisition and development opportunities to capitalise on an imbalance between the supply and demand of space for a particular property type, in specific markets that possess proven barriers to entry.