Argo can handle the A to Z of property development, from the initial stages of preliminary massing/programming and high-level costing, to the rigorous development feasibility, financial due diligence and deal structuring required to close multi-million dollar assets.
After acquisition, the team takes the asset through planning and permitting, design drawings, and construction design phase through to tendering for GC, consultants and all relevant functions for the delivery of the asset. Argo develops assets that it owns and manages, as well as delivers turn-key assets for property investors, institutions, and real estate investment trusts.
Argo has a specialised team of hotel professionals who can lead the best-use determination and operator selection for hospitality assets. With high-level contacts at nearly all major brands around the globe, as well as respected boutique and niche market players, Argo is able to present owners with a wide and diverse selection of operators and negotiate the best deal terms, investment options and financial structuring required of each project.
Argo's most recent project was a development support and operator selection role for a prime asset located on Wall Street in New York's financial district. Starting with a candidate list of 28 brands of international operators, Argo worked with the owner to narrow down the list to five brands, and pre-negotiated the basic deal terms that would achieve more than the owner's required project returns.
Argo works with property investors, funds, and real estate investment trusts from around the globe to identify high-potential real estate projects and strategically deploy capital to achieve high returns and portfolio diversification.
In addition to projects where Argo is the main equity investor, the company can also deliver turn-key new developments and asset repositioning on an open book development basis.
Argo's approach to asset management is very hands on. Assets are viewed as living, evolving things, and the company continuously strives to keep an asset's programming at the highest performing level. With a deep global and local network in retail, hotels and F&B, Argo is able to curate an attractive mix of tenants in assets.
Argo's hotel team works on behalf of hotel owners to achieve industry-leading results through innovative action plans and a close connection to the market.