WE ARE ACQUIRING MARINAS
MARINE PROJECT DEVELOPMENT (SPAC)
MARINE PROJECT pursues the objective of sustainably increasing the value and yield of its own portfolio. To this end, the market cycles of the marinas are used with an active purchase, optimisation and, if necessary, sale strategy. We invest both in profitable marinas with long-term leases and in vacant marinas with significant optimisation opportunities. Our own portfolio management combines capital and expertise to sustainably increase the asset and income value of marinas after acquisition.
Requirements profile for Mediterranean Marinas
We are continuously looking for highly profitable marinas in the Mediterranean Sea and marina property portfolios that meet the following criteria:
Requirements profile for North America Marinas
We are continuously looking for highly profitable marinas in North America and marina property portfolios that meet the following criteria:
Requirements profile for Marinas in Australia
We are continuously looking for highly profitable marinas in Australia and marina property portfolios that meet the following criteria:
Requirements profile for Marinas in Africa and Asia
We are continuously looking for highly profitable marinas in Africa and Asia and marina property portfolios that meet the following criteria:
Requirements profile for Global Marina tenders
We are continuously looking for Marina tenders that meet the following criteria:
MARINAS FOR SALE | MARINA BROKERAGE
Do you want to invest in Marinas? Acquisition Structure and Strategy for Marina Investors
The acquisition of a marina, or participation in public tenders to acquire it, requires proof of qualification in the marina management sector and proof of financial capacity to successfully operate a marina. The structure and strategy outlined below achieve both for our Investors – Marine Project’s required experience and the investor’s financial capability are combined to meet these basic requirements for the purchase of a marina.
Marine Project acts as a consultant, SPV (Special Purpose Vehicle), and business (marina) developer. Marine Project identifies suitable acquisition candidates and secures the acquisition of the target marina. After the transaction, Marine Project takes over the interim management of the marina as a consulting company. After a successful takeover and mostly necessary transformation or optimization of the marina, it is resold to a suitable investor.
FIX & FLIP | Method of building equity in which cash flow generation plays no role.
The Fix & Flip method is particularly interesting for many investors, as it offers the possibility of a fast exit and to achieve disproportionate profits in the short term.
In the classic marina investment, a marina is built in order to operate it in the long term (buy/build and hold). In this case, the investor plans to hold the property in his own portfolio for the concession period in order to generate a continuous cash flow through rental and further lease income. Any financing costs are usually covered by the regular income from the operating business.
The Fix & Flip method is different. Here, the aim is to generate maximum profit in the shortest possible time. However, a considerable amount of know-how and market experience is necessary for the success of such marina investments. In this scenario, the profit is generated from the difference between the purchase price of a marina with good development potential and the subsequent sale price of the restructured marina after the optimisation process has been completed, and the creation of a corresponding added value.
The following points are essential in this respect. On the one hand, the investor must find high potential and at the same time moderately priced targets in preferred locations, which are undervalued with regard to the realistically achievable market price after maximisation of turnover and enhancement of the processes. On the other hand, one should have comprehensive knowledge of the yacht and marina business in order to be able to correctly assess the condition of the property and the necessary restructuring and marketing costs. In addition, knowledge in the area of concession law is equally important and in principle indispensable.
A so-called balloon loan is suitable as financing for the purchase of the marina and, if necessary, the planned restructuring costs. In this case, the entire loan amount is only repaid at the end of the loan term (e.g. after 1 to 5 years). The shares of the corresponding MP regional company (SPV) serve as collateral for the investor. The investor concludes the corresponding loan agreement with MP Development Holding, which manages the loan and passes it on to the regional company as required. After the eventual restructuring and resale of the marina regional company, the realised profit is shared between the investor and MP Development Holding in the ratio x/y%. If the investor takes over a marina into its own portfolio, MP Development receives x% of the total volume of the transaction as a success commission.
WE MAKE IT PERSONAL. IT IS ALL ABOUT OUR CLIENTS
Since our founding, Marine Project has grown because of the trust we have earned from our investors.
As we continue to grow and expand, we remain committed to building upon that trust as we apply our proven and family investment approach. We use the family office approach, we take the pain out of investment and make it easy for our clients.