Services
Acquisition Advisory Services
Damark Group’s services are available as a standalone mandate or as part of an annual retainer.
Acquisition Advisory
The core Damark Group mandate covers a single purchase, from defining the requirement through to signature of the sale contract.
Scope
- A written brief setting out intended use and budget
- A market search covering listed and privately held stock
- Independent valuation against recent comparable sales
- Appointment of surveyors and authenticators who report to the client
- Negotiation of price and contract terms
- Oversight of the contract and deposit
Off-Market Sourcing
Owners of significant assets often prefer to sell privately and approach a small number of qualified buyers.
Sellers in this market typically ask for a confidentiality agreement and proof of funds before releasing any details. Damark Group prepares both on the client's behalf, so introductions can go ahead without delay.
Where Opportunities Arise
- Individuals and family offices considering a discreet sale
- New-build slots at shipyards, released by earlier buyers
- Developer allocations offered ahead of a public launch
- Private sales arranged by auction houses outside the saleroom calendar
Ownership Onboarding
Ownership costs and obligations begin at completion. Damark Group arranges the providers each asset requires and supervises their appointment.
For a yacht, this typically means a management company and crew, along with a berth and flag registration. An aircraft needs a management or charter operator with hangarage, while a residence may call for property management and security consultants.
Insurance is placed through licensed brokers, with terms compared across insurers.
Curated Experiences
Some clients want their first-hand experience of an asset before they commit to owning one. Others ask Damark Group to plan their time in Singapore around a major event.
Arrangements We Can Make
- Trial charters of a yacht or business jet ahead of a purchase decision
- Hospitality for the Formula 1 Singapore Grand Prix at Marina Bay
- VIP attendance at the Singapore Yachting Festival, held in April at ONE°15 Marina Sentosa Cove
- Private previews ahead of major art and watch auctions
Every proposal is costed in full and submitted for the client's approval before any booking is made.
Discuss This Service
Retained Stewardship
For clients who hold several assets or plan further acquisitions, a retainer keeps Damark Group engaged beyond a single purchase.
Scope
- An annual comparison of running costs against budget
- Supervision of refits and major maintenance, including the five-year class renewal survey for classed yachts
- Market monitoring for upgrade and replacement opportunities
- Advice on the timing and method of a sale
The Damark Group Method
Six stages, with one advisor accountable for all of them.
-
Private Consultation
A confidential conversation about what you want to own and how you plan to use it.
-
Engagement Letter
Damark Group confirms the scope and fee in writing before any search begins.
-
Search and Sourcing
We approach listed and private sellers, then return with a shortlist you can compare on equal terms.
-
Valuation and Due Diligence
Independent surveys and title checks are completed before a price is discussed.
-
Negotiation and Completion
Damark Group leads the negotiation and coordinates lawyers and lenders through to signing.
-
Handover and Stewardship
After completion, we stay involved for as long as the asset needs us.
Single Mandate or Retainer
| Single Mandate | Annual Retainer | |
|---|---|---|
| Scope | One acquisition | Multiple assets and ongoing advice |
| Fee basis | Fixed fee or success fee | Annual fee |
| Duration | Until completion | Twelve months, renewable |
| Suited to | A first purchase or a defined requirement | Clients with several assets or planned acquisitions |
Arrange a Consultation
Let us know which service you are considering so that we can prepare accordingly for the first meeting.