Jericho-Investment

Jericho Investment

Jericho Investment puts in bids for properties or co-ownership lots after closely studying the short- or medium-term development potential (relocation, breakdown, change of assignment, etc.). By adopting a resolutely “multi-product” approach it targets its investment policy on assets of very different kinds (offices, business premises, shops and industrial or logistic warehouses). In every case it analyses the relevance of the asset, considered in the context of its environment with its own peculiar qualities, so that its value creation value can be evaluated – and realised.

In fact Jericho Investment is always mindful of the fact that the market value of a property is as important as its yield. Its investment strategy, enhanced by sound experience and constant reflection, is therefore based on the optimisation and development of each class of asset. It uses a range of tools to achieve this: leasing of vacant areas, perpetuation of current leases, technical restructuring to adapt the property to the leasing demand in the market, extending to change of assignment. It is Jericho’s command of these devices, combined with its perfect knowledge of the market, that guarantees the property dynamics of the assets benefiting from this expertise.

In line with its duty of flexibility, Jericho Investment adapts its method of intervention to each situation.

- It may act as a “joint venture”, each property being placed in an ad hoc company set up to acquire property, or by buying back the shares in the target company holding the asset.

- It may acquire empty property for redeveloping by adapting itself to the market (e.g. by reorganising the breakdown of areas of the property). The operation will then not only involving leasing these areas but of transferring them in whole or in part to users.

- It may also engage in outsourcing operations with the aim of following the growth and future property developments of the companies concerned.

Jericho Investment operates throughout the national territory, Paris, Ile de France and the provinces. It also operates locally in Switzerland, Belgium and Luxembourg.

Jericho Asset Management

Jericho Asset Management provides a service to its partners by intervening on their behalf in all assignments associated with property investment, offering them effective but perfectly tailored management. In fact a detailed knowledge of the system and all its workings guarantees that the best policy will be selected in this field.

The lifecycle of a property investment generally evolves in three successive phases: acquisition, development, brokering. The duration of each phase varies, of course, according to the investment strategy used (opportunistic, capital or long-term, etc.), but also on the basis of the specific data relating to the property, economical and financing markets. The role of Jericho Asset Management is to assist and advise its partners in elaborating their investment strategy in the acquisition phase, then in organising and monitoring the development of their assets until they are brokered on the market.

To do this it is the task of Jericho Asset Management to confirm – or refute – the suitability of the allocation of each class of property assets with the strategy of its investor partners in terms of risk and profitability. This involves a detailed analysis of the intrinsic qualities of each type of asset (property criteria, loans, financial packages) and extrinsic elements resulting from the economic, legal, cultural and competitive context.

Since property is one of the most complex sectors it requires a multidisciplinary and expert approach. This is why Jericho Asset Management makes sure that it is surrounded by people with the highest competence in the fields of law, technology, finance and tax.

Jericho Consulting

The list of objectives to be achieved in the areas of investment, management, negotiation or property development is often accompanied by a specification whose compliance is considered to be problematic. Jericho Consulting was created out of a wish to make available to our partners our knowhow and our competence in this field.

In addition to the purely property section – such as assisting in negotiating with its investor partners – Jericho Consulting wanted to link its operation to proactive logic in the Renewable Energies field. In fact, being aware of the ecological challenges and conscious of technological progress, it has developed its consultation and investment operations in photovoltaic panel installation projects.