The Devin proposition

Investors benefit from:

• Full capital control at all times

• Independent validation of every payment

• No exposure to developer insolvency or mismanagement

• Refinancing on completion to recover invested capital

• Ongoing ownership of a stabilised Build-to-Rent asset

This is not speculative development.
It is governed capital deployment.

How the Devin Model Works

Capital Protection from Day One

• The investor supplies 100% of project funding

• All funds are held in a dedicated escrow account

• Funds are never controlled by a developer or builder

• Payments are released only against verified milestones

Triple signatory authorisation is mandatory:

• Investor

• Independent Quantity Surveyor (QS)

• Independent Project Manager

No single party can move capital unilaterally.

Independent Validation at Every Stage

Each phase of the project is delivered and validated independently:

• Consultant Group
  Design, Resource Consent, Building Consent, EPA

• Construction Company
  Fixed-price contract, no margin on variations

• Project Manager
  Daily oversight, documentation, progress verification

• Quantity Surveyor
  Monthly financial and construction validation

Payments are released only when all validations align.

Fixed-Price Construction with Aligned Incentives

• Proven construction partners

• Fixed-price contracts

• No margin or management fee on variations

• Proof of subcontractor payment required before drawdowns

This structure removes the incentive for cost overruns and delays.

Completion, Refinance, and Capital Return

Upon completion:

• The asset is independently valued

• Refinanced through a major bank

• 100% of the investor’s capital is reimbursed

• The investor retains 100% ownership of the asset

The result:

• A stabilised Build-to-Rent property

• Institutional-grade governance

• Ongoing cashflow

• No capital remaining at risk

This is where infinite ROI is achieved.