About this video
Norbeck runs a multi-country hotel portfolio in Ellie.
Full description
A multi-country hotel portfolio (Singapore, Kyoto, Perth) run end to end in one Ellie workspace. The month's operator packs, one in Japanese, consolidate into a single dashboard in the fund's Singapore-dollar base, with click-through to any hotel and every figure traced to source; a Japanese offering memorandum is screened into a deal verdict; a disposal data room surfaces hidden red flags before any buyer sees them; and the exited hotel's return is attributed and run through the distribution waterfall to investors. Operate, acquire, dispose, realise, all in one place.
Key points
- One workspace consolidates every operator pack across three countries and three currencies into a single dashboard in the fund's base currency.
- Ellie reads the Japanese operator pack and the Japanese offering memorandum natively and reports back in English.
- She flags a Kyoto incentive fee billed at ten per cent against the eight per cent the management agreement specifies, recoverable and traced to source.
- The disposal data room surfaces a room-count and licence gap, earthquake under-insurance and a loan consent before any buyer would find them.
- At exit the return is attributed to NOI growth, not the market, and run through the distribution waterfall to the LP split and GP carry.
Part ofAsset management
Video details
- Roles
- Asset Manager, Portfolio Manager
- Processes
- Asset Management, Acquisitions, Risk & Compliance
- Geographies
- APAC
- Markets
- Australia, Japan, Singapore
- Tags
- norbeck-hotel-asset-mgmt, hotel