Operational Edge in Real Estate
REAL ESTATE INVESTMENT ADVISORYWe focus on assets where the operating model is as important as the real estate itself.
ABOUT USThe relationship between the asset and operating model shapes outcomes.
Sarva Capital Partners was founded by Nikhil Chanrai, whose experience spans institutional capital markets and operational real estate. Having advised on real estate transactions and capital structuring at Nomura, and subsequently held commercial oversight across 14 million square feet of workspace across Europe, Middle East and Asia at WeWork, Sarva was founded to focus on situations where operational understanding creates genuine investment edge.
RELevant experienceAdvised on the creation and financing of institutional real estate platforms across hospitality and healthcare, including Singapore’s first hospitality REIT
Platform Creation
Commercial oversight across c.14 million square feet of operational real estate during the restructuring and repositioning of WeWork’s portfolio across Europe and Asia.
Platform Transformation
Experience evaluating how occupier demand, operator economics, governance structures, and incentives alignment influence income quality and long-term asset value.
Operator & Occupier Insight
ABOUT USWhere we focus.
Operational complexity is not always a source of risk. In many situations, it is the reason opportunities exist. Our experience is concentrated in three areas where operational understanding can materially influence outcomes.
Offices where vacancy, lease events, refinancing pressure, repositioning requirements, or capital constraints create a need for active ownership beyond what many institutional ownership models are designed to provide.
01UK Mid-Market Office
Buildings where flexible workspace exposure requires a deeper understanding of operator performance, occupier demand, governance, and income dynamics. Having managed and restructured these portfolios at scale, we bring direct operational experience to their evaluation.
02Flex & Managed Workspace
Hotels and other operationally intensive assets undergoing repositioning, redevelopment, recapitalisation, or operator change. We focus on situations where active ownership and thoughtful structuring can materially influence outcomes.
03Operational Real Estate
how we thinkThe operating principles behind our investment and advisory work.
Regardless of sector, structure, or market cycle, these principles guide how we assess risk and create value.
01
Capital protection starts at entry
Every opportunity is assessed against a recoverable position, with governance and downside resilience considered before upside.
02
Complexity can create opportunity
When perception diverges from reality, operational understanding can reveal value others overlook.
03
Execution matters
Management capability and incentives often shape outcomes more than the original thesis.
04
The business drives the asset
Occupier demand and operator performance are often as important as the real estate itself.
Work with usHow we work.
We work with a limited group of investors, asset owners, and operators where alignment, discretion, and long-term relationships are the foundation of the engagement. Whether evaluating an opportunity, considering a transaction, or discussing an operational challenge.
Evaluate
Understanding the drivers of value, risk and performance across assets, operators, occupiers and income structures.
Structure
Advising on transactions, partnerships and operating models where alignment between capital, asset and operator matters.
Execute
Supporting investors and owners through acquisitions, repositioning initiatives, operator transitions and asset performance programmes.
