Investment Process
Rigorous. Transparent.
End-to-end.
VTH Group manages the entire investment value chain — from initial sourcing through active asset management to exit. Five phases. Full transparency at every step.
Sourcing & Identification
Phase 01 — Management Risk
Sourcing
- Screening investment opportunities via our extensive network
- Direct off-market origination through developer and architect relationships
Identification
- Feasibility studies
- Location analyses
- Potential analyses
- Initial investment plan development
We identify opportunities primarily through direct relationships with developers, architects, and operators. Our origination network spans over a decade of active market presence across Europe.
Due Diligence & Evaluation
Phase 02 — Management Risk
Due Diligence
- Data room analysis
- Development of investment assumptions based on findings
Evaluation
- Investment plan update
- Sensitivity analyses
- Development of negotiation basis
- Non-binding price discovery
We conduct thorough due diligence before any commitment. Our investment assumptions are stress-tested through sensitivity analyses to ensure resilience across different scenarios.
Transaction Management
Phase 3a — Management Risk
Transaction Management
- Development of negotiation foundations
- LOI submission
- Negotiation of terms
- Purchase contract structuring
- Signing and closing
Due Diligence
- Detailed technical DD
- Legal & tax DD
- Financial DD
- Risk analysis
We manage the transaction process end-to-end, coordinating legal, financial, and technical advisors to ensure efficient and discreet execution.
Product & Investment Structuring
Phase 3b — Management Risk
Product Management
- Product structure determination (financing, equity, corporate structure)
- Partner engagement
- Equity co-investment
- Debt structuring
Investment Management
- Integration of product into the entity
- Partnership structuring: joint ventures, property managers, etc.
We structure each investment to align incentives across all co-investing parties. Our co-investment model means VTH Group invests its own capital alongside partners in every transaction.
Investment & Asset Management
Phase 04 — Market Risk
Investment Management
- Investment plan execution
- Value enhancement through investment and management measures
- Controlling
Asset Management
- Administration and letting
- Predictive maintenance
- Analysis & reporting
- Valuation updates
- Contracts and insurance
During the hold period, we actively manage our assets to create value. We maintain direct oversight and do not outsource critical decisions to third-party managers.
Exit
Phase 05 — Market Risk
Transaction Management
- Initiation of sale process
- Investment committee approval
- Partner engagement
- Due diligence coordination
- Price negotiations
- Purchase contract structuring
- Signing and closing
Exit Management
- Data room preparation
- Transaction documentation
- Documentation provision
- Distribution to all co-investing partners
- Corporate structure dissolution
We manage exit processes with the same discipline applied to acquisitions. Distributions are made to all co-investing partners following agreed priority structures.
Alignment of Interests
VTH Group co-invests its own capital alongside selected partners in every transaction.
We believe the best investment partnerships are built on complete alignment. By co-investing in every transaction, our interests are structurally linked to those of our partners — from the first commitment through to final distribution.
VTH Management AG invests its own capital alongside selected co-investment partners. It does not manage third-party assets, act as a fund manager, or provide regulated financial services.