Asmallworld AG signed a long-term contract with FIRE Group Ltd., which gives ASMALLWORLD an exclusive investment advisor mandate for its project portfolio. Over the coming 12 months, FIRE Group expects to deploy up to EUR 75M which will be invested in high-quality hospitality projects in the UAE and Europe. ASMALLWORLD will exclusively source, assess and manage all investments for the FIRE Group, further capitalising on its expertise in the hospitality industry.

FIRE Group plans to deploy up to EUR 75M into real estate projects in the next 12 months; Over the next 12 months, FIRE Group expects to deploy up to EUR 75M into first-class real estate projects in the hospitality industry, with a geographic focus on the United Arab Emirates and Europe. Once the initial capital has been deployed, FIRE plans to allocate further funds to its real estate portfolio to a total of 50 million. The partnership offers significant revenue potential for ASMALLWORLD; ASMALLWORLD's involvement across the entire value chain of a project will generate fees at all steps of the investment process, including a transaction fee from an acquisition, a consulting fee during the ownership phase and a transaction fee in the event of a divestment.

ASMALLWORLD will also be awarded a profit participation of 10% for each successful investment. All proceeds from real estate projects will be re-invested, which creates an opportunity for ASMALLWORLD to provide its services multiple times for the same investment capital. Both parties are committed to the long-term success of FIRE, and ASMALLWORLD's exclusive mandate will remain in place until 2040.

The exact upside for ASMALLWORLD will depend on the size of FIRE's real estate portfolio and the nature and duration of the projects FIRE will invest in, but the company expects revenues from this partnership to exceed CHF 10M over the course of the next 10 years.