Asano — Improve returns on any real estate development.

Who it's for

Developers, lenders and investors — on one model.

Developers

Deliver projects with less equity

Improve returns and reduce equity requirements
Structure financing before capital is committed
Track delivery against the approved development case

Lenders

Evaluate opportunities faster

Reproduce and interrogate borrower assumptions
Compare debt structures against the same project
Review funding, loan-to-value, loan-to-cost and debt service cover on one definition

Investors

Validate opportunities with confidence

Review one defensible investment case
Test downside and alternative scenarios
Compare opportunities on consistent definitions

How it works

Subscribe, add a project, start optimising.

From USD 500/ user / month

Unlimited projects. AI included. Enterprise subscriptions priced by team size.

Add your project

Option A

Do it yourself

Add the project directly using your costs, revenue, programme and financing assumptions.

Included in the subscription

Option B

Asano prepares it for you

Send us the model you already have. A member of the Asano team onboards and reviews the development, identifies anything that does not reconcile, and presents the findings back to you.

USD 1,500 / project · live in two days · findings review included

Optimise the development

Test alternatives, restructure financing, compare versions and export the resulting pro forma cash flow.

The economics

Institutional-grade development analysis. Always available. At a fraction of the cost.

From USD 500 / user / month · Unlimited projects · AI included

No setup fee · no per-project licence · no AI usage charges. Excludes applicable VAT. The spatial layer is a separate add-on, quoted per project.

Ask Asano

The engine calculates. The AI interrogates, structures and proposes.

Ask Asano to analyse a project, compare alternatives or structure a new development or financing scenario — across one project or the whole portfolio. The engine calculates every financial output. AI can propose changes, but a person reviews and approves them before they become a governed version.

Ask AsanoIllustrative data

Compare the base cost case against base cost plus restructured debt.

Both versions carry an identical cost base of USD 412m — debt is a financing overlay, not a cost change. What moves is how much of that cost is funded by equity, and the resulting financing cost and returns.

Metric	One facility	Restructured
Geared IRR	19.4%	23.4%
Equity required	USD 210m	USD 130m
Equity multiple	1.94×	2.71×
Financing cost	USD 21m	USD 29m

Phase 2 is no longer funded out of Phase 1 receipts, which is what removes USD 80m of the equity requirement. Want me to break this down per facility?

DraftEvery figure above was computed by the engine, not generated by the model. This comparison is staged as a draft version.

Interrogate

Ask about costs, revenue, returns, assets, phases and funding.

Compare

Compare projects, versions and alternative development cases.

Optimise

Test phasing, mix, assumptions and capital structure.

Structure

Build alternative debt structures and stage them as new versions.

Export the resulting pro forma cash flow at any point.AI can propose. Only a person can approve.

It compounds

As projects are added, your own underwriting history becomes a searchable benchmark.

The standard

One standard. Every project. Instant portfolio intelligence.

Asano standardises every development into the same financial structure — so projects work out of the box, can be compared in real time, and roll up across the portfolio without rebuilding models.

Works out of the box

Any development enters the same financial structure. No bespoke setup, no configuration project, and no rebuilding the platform for each client.

Compare anything in real time

Two projects, two versions or two asset classes, on the same definitions. Change the sales price of one residential unit type, a hotel's average daily rate or the rent on one retail unit, and see the effect on the asset, the project and the portfolio immediately.

AI becomes more useful as you scale

Because every project follows the same governed structure, AI can interrogate, compare and propose changes consistently across the whole portfolio rather than one file at a time.

Every input and output is defensible

Every figure traces back to an input, a metric definition and a named version. A lender, investor or committee can trace any number back to the assumptions behind it, without a separate reconciliation model.

The same standard covers

Any scale

Single plots through to giga-project masterplans.

Sales and leasing

Build-to-sell absorption and collections, or occupancy and contracted escalation.

Hotels

Department-by-department operating models, management fees and reserves, on the industry standard for hotel accounts (USALI).

Concessions

Public-private partnerships and build-operate-transfer structures — fixed, revenue-linked or hybrid.

Land either way

Stated land value, or residual land value solved against a target return.

A financial model designed for the portfolio, not another file inside it

Most real estate software analyses the model you give it. Asano turns every development into the same governed financial model — which is why it can compare, optimise and reason across an entire portfolio.

Views, insights and outputs are configurable for each institution. The model, the inputs and the calculation logic are not — the standard does not fork.

Live through delivery

Asano stays live through delivery.

Connect ERP, cost, CRM, sales and programme data so actual performance flows back into the same model used for approval and financing.

Financial model

Feasibility, costs, revenue and programme.

ERP / finance

Actual costs, commitments and payments.

Cost management

Forecasts, variations and package status.

CRM / sales

Sales, achieved pricing, collections and absorption.

Project delivery

Progress, milestones and handover.

Use case

Same development. Better capital structure.

Same cost. Same revenue. Same programme. Asano compares financing structures against the same underlying development case, so you can see exactly what changes in equity requirement, geared return and financing cost.

USD 80mless equity required

+4 ptsgeared IRR

AdminOverviewInsightsData & VersionsSpatial

Sample Development — Mixed UseEvery scenario stays on the record

As underwritten

The scheme funded entirely from equity. This is the baseline every other version is measured against — and it does not move when financing is layered over it.

Ungeared IRR

16.2%

Unchanged by financing

Geared IRR

—

No facility in this version

Equity required

USD 268m

Funded entirely from equity

Equity multiple

1.68×

Distributions over invested

The development does not change between these versions. Only the financing does.

Spatial layer

Bring your own design — or let Asano generate one.

Import an existing 3D model and link it to its financial version, or generate massing directly from the development data already in Asano.

Massing generated procedurally by Asano from the development data — King Salman Park, Riyadh

An imported 3D design model linked to its financial version

Your own 3D modelGenerated by Asano

Import your design

Existing 3D files link to the financial version.

Generate automatically

No design yet? Asano generates massing from project data.

Keep design and finance linked

Change programme or mix and the spatial model updates against the same version.

Export to your design team

Export in standard formats and share directly with architects and design partners.

Governance

Where your data sits, and who can reach it.

Deployed in-region

Saudi and wider GCC deployment options, including in-Kingdom hosting where required.

Your data stays private

Each client operates in its own environment. Your project and financial data is never shared with other clients and is never used to train AI models.

Every number is calculated, not generated

Financial outputs come from Asano's calculation engine and trace back to their inputs. The same inputs always produce the same result — never a language model's answer.

Financial Modeling Methodology & Conventions

A documented reference covering the modelling basis, asset classes, and the cost, revenue, financing and valuation conventions Asano applies. Available on request.

Request Methodology & Conventions

Built on proprietary technology. Asano's development modelling, financial intelligence and governed workflow technology is supported by a portfolio of filed and granted intellectual property. Explore the technology →