Restructure around the intrinsic value of the assets
Out-of-court restructuring offers potential
Over the years we have assisted a variety of property funds or developers with the restructuring of their balance sheets. Quite often this involved an out-of-court process of transparent negotiations among financial stakeholders. In our experience it is best to restructure around the instrinsic value of the property assets. That forms the starting point for a newly structured, healthy and equitable capital structure.