Background
Fenus is run by an active investor in Spanish real estate since 2007 — land, residential development, commercial buildings, distressed positions, with own capital alongside partners.
That activity is what makes the advisory work possible. It is also distinct from it. Our own deals sit at one end of the spectrum: complex, value-add, often distressed, in pursuit of high returns and willing to take the risk that comes with them. Advisory mandates sit at the other end: trophy residential, income-producing assets, structured for long-term ownership.
Different work, different briefs, different outcomes — but the same network of banks, funds, agents, and counsel underneath. Advisory clients benefit from that network without competing with it.
How we work alongside you
The advisor relationship stays with the advisor. Fenus does the local sourcing and execution.
Engagements begin with a brief shaped together with the advisor and the client. We coordinate with the advisor throughout, share what we find as we find it, and handle the Spanish-side execution from the first conversation through to closing and handover.
One side of the table
When a client engages Fenus, we are paid by the client and only by the client. We do not accept commissions, retrocessions, or any form of compensation from sellers, agents, or third parties involved in a transaction. We hold this line because the alternative compromises the advice.
Confidentiality
Mandates are handled under non-disclosure on request. We do not publish client names, transactions, or asset details. Reference checks are available privately.
Fees
Engagements are typically structured as success-based on acquisition. Retainer arrangements are available for ongoing or multi-asset mandates. Second-opinion work is fixed-fee per opportunity.
Numbers are discussed openly at the first call.
Scope
Spain principally. Selective work in Germany, France, and Switzerland when it serves an existing relationship.