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Investments

Investment Strategy

Disciplined from entry to exit, assessed against four core principles.

Alderstone targets real estate opportunities where disciplined acquisition, active execution and focused management can create durable value.

Disciplined From Entry To Exit

Each investment is assessed against four core principles before capital is committed through a dedicated SPV or joint venture.

01

Enter Below Intrinsic Value

We seek proprietary and off market opportunities where pricing does not fully reflect replacement cost, income potential or operational upside.

02

Create Value Through Active Management

Before acquisition, we define a clear business plan covering development, capital expenditure, leasing and operational improvement, enabling execution from the first day of ownership.

03

Diversify By Design

We build exposure across logistics and industrial, living, commercial and retail assets, balancing sectors, income profiles and market cycles.

04

Protect The Downside

We prioritise rigorous due diligence, conservative leverage, scenario testing, clear governance and transparent reporting throughout the investment lifecycle.

From a broad opportunity set, only investments that meet all four principles progress to capital commitment.

The Process

From first call to final exit, six stages carried by one team, so nothing is lost in the handover between origination and delivery.

01

Originate

Source opportunities through market relationships and operating insight.

02

Underwrite

Test the investment case, risks and value creation plan.

03

Acquire

Coordinate diligence, structure the SPV or joint venture and execute.

04

Develop

Coordinate design, procurement and delivery with specialist partners.

05

Manage

Drive asset performance, operations and reporting.

06

Exit

Prepare and execute the agreed sale, refinancing or transition strategy.

Governance

One control spine runs across the full asset lifecycle, investment, management and exit, so accountability never changes hands.

01

Investment

Acquire
  • IC approval and Delegation of Authority
  • Multi-party due diligence sign-off
  • Structuring, tax and funding review
02

Management

Operate & Asset-Manage
  • Business-plan tracking against target
  • Valuation and covenant risk monitoring
  • Investor reporting and NAV disclosure
03

Exit

Realise
  • Hold-versus-sell review
  • Fair, arm's-length disposal process
  • Waterfall calculation and post-exit review

Common Backbone

Investment Committee Board Oversight Delegation of Authority Independent Valuation Compliance & Audit

Capital That Builds

From opportunity to outcome,
accountability stays in one place.

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