Project overview
A London sponsor needed one auditable model connecting the development programme, detailed cost plan, unit sales, financing and partner returns.
Mandate
- Build a monthly development cash flow rather than a static annual appraisal.
- Make peak funding, programme delay and sales absorption visible to capital partners.
Model structure
- Construction budget and milestone-linked cost draw
- Unit mix, pricing and sales absorption
- Debt draw, interest and repayment
- IRR, equity multiple and GP-LP distribution logic
How it supported the decision
- Created a common analytical base for scenario review and capital discussions.
- Allowed reviewers to trace every return output to a cost, timing or sales assumption.