How does the sale of a private real estate company work ?
After having met the shareholders, BLACKREIT will let you know if there is any interest in purchasing your private real estate company, as soon as possible.
2. Indication of interest to enter into negotiations
After visiting the properties and receiving additional recent information, BLACKREIT will send you a document informing you of the conditions under which our company is interested in acquiring your private real estate company.
3. Letter of Intent (LOI)
In order to formalize the negotiations, set the price and terms and determine the timeframe, BLACKREIT will submit a draft letter of intent to you before signing it.
4. Due Diligence
Due diligence is the set of checks that a prospective buyer makes before any transaction, in order to get a clear idea of a company’s situation.
Once the LOI is signed, the due diligence begins on our side and your contact at BLACKREIT will help you to gather the necessary documents, fully mobilizing our multidisciplinary team to ensure that the due diligence is carried out quickly, efficiently and confidentially.
A draft transfer agreement will be sent to you as the transaction approaches completion.
5. Signature of the transfer agreement and closing
For the sake of convenience, BLACKREIT always makes the payment on the closing day (signature of the transfer agreement).
The payment is made to the account that the shareholders provide to us and together we will take care of the standard modifications (register of shareholders, legal publications, etc.).