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Expertise · Capital markets

Sales of buildings, portfolios and hotels to professional investors

An institutional approach, from valuation to closing, for assets sold to property companies, family offices and investors.

Assets
Buildings, portfolios, hotels
Counterparties
Property companies, family offices, institutions
Timeline
4 to 9 months from mandate to completion
Marketing
Under NDA, open or off-market

In brief · definition

A capital markets transaction is the sale of an investment property to professional buyers, run as a market transaction: valuation, investment memorandum, data room, competitive process under a confidentiality agreement, negotiation through to the deed.

What we sell

Four types of transaction

TransactionDescriptionValuationLink
Whole buildingsResidential, mixed-use or office buildings, in a single transactionCapitalisation, comparables, break-up valueView →
Portfolio disposalsSeveral units or shops sold together, after a lease reviewLease review, market rents
Sale and leasebackSale of the property; the business stays in its premises under a leaseRent, term and quality of the leaseView →
HotelsProperty, business, or bothEBITDA multiple, capitalisationView →

Our process

The care of a boutique, the rigour of a market transaction.

4 to 9 months from mandate to completion
  1. Step 01

    Valuation

    Capitalisation, comparables, break-up value, restructuring appraisal.

  2. Step 02

    Structuring

    En bloc or units, asset or share deal, timetable.

  3. Step 03

    Investment memorandum and data room

    Memorandum, tenancy schedule, leases, audits, plans.

  4. Step 04

    Competitive process

    Targeted buyers under NDA, structured bidding rounds.

  5. Step 05

    Closing

    Negotiation, preliminary agreement, notarial deed.

Structuring

Asset deal or share deal?

Asset deal

The building is sold by its owner, by notarial deed.

Share deal

The shares in the owning company are sold, after an audit of the company.

The choice is made with the seller’s legal and tax advisers; REVAA models both on a net basis.

Our counterparties

Buyers vetted before the file is opened.

  • Property companies
  • Family offices
  • Institutional investors
  • Private investors
  • Hoteliers
  • Dealer-developers

Signed NDA and verified financial capacity for every buyer.

Why a boutique

The rigour of an investor, the discretion of a boutique.

1/

An investor’s mindset, built within a Parisian real estate family office.

2/

An investment memorandum ready before the first viewing.

3/

Confidential marketing under NDA, with an off-market option.

Track record

Recent sales

Our full track record →
YearAssetLocationTransaction
2026Industrial sitePacy-sur-Eure (27)Structuring and sale, property and tax optimisation
2026Portfolio of 10 retail unitsCourbevoie (92)Estate, review of the 10 leases, sale en bloc
2025Hotel, property and business, to restructureParis 14thRooftop extension or aparthotel project
2024Hotel businessVilliers-le-Bel (95)Off-market sale

Sale prices are not published.

Frequently asked questions

Capital markets in four questions

01
What is a capital markets transaction in real estate?
The sale of an investment asset to professional buyers, run as a market transaction: valuation, memorandum, data room, confidential competitive process, negotiation.
02
Asset deal or share deal: what is the difference?
In an asset deal, the building is sold; in a share deal, it is the shares in the company that owns it.
03
Who buys whole buildings and portfolios?
Property companies, family offices, institutional and private investors, dealer-developers and, for hotels, hoteliers.
04
How long does a sale take?
Between 4 and 9 months from mandate to completion, depending on the asset.

Confidential contact

Put an asset up for sale.

A first confidential conversation, followed by a reasoned valuation range.

Louis Dulac, founder

- CONTACT CONFIDENTIEL

Parlons de votre actif, en toute confidentialité.

Merci pour votre message

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