Industries · Infrastructure & Energy

Real estate and housing

Real estate ties up capital for years before units sell. Pre-sales, construction financing, land costs and the tax on each sale decide the return, and cash is usually tightest just before completion.

The questions that decide the numbers

What a real estate and housing business needs answered.

  1. 01What does each phase return after land, finance and selling costs?
  2. 02How should advances from buyers be recorded and taxed?
  3. 03Is construction finance sized to the build schedule?
  4. 04How are capital gains and VAT treated on sales?

Across infrastructure & energy

Long horizons, heavy capital and returns that depend on assumptions nobody can verify for years. Hydropower is the clearest case: a construction period funded by debt, a tariff fixed in advance, and hydrology that determines whether the model holds. The work is the model itself, and the honest range around it, including debt service coverage under the cases the lender is going to ask about rather than only the base case.

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