Bureau St. James All worldsBureau St. James All worldsShould we build it, and what does it return?
A development pro forma is usually one spreadsheet, one scenario, and one person who understands it.
Koheriant Develop takes the site, the programme, the timeline, the budget and the financing, and underwrites the deal: yield on cost, spread to exit, levered return and equity multiple, with the loan sized by whichever limit binds first. Then every assumption can be pushed: two-way grids, the drivers that matter most, three scenarios, and what would have to be true for the deal to work. It prints an investment memo and exports the whole model to Excel, and any assumption nobody changed from the default says so.
