Each mandate is governed by the ALMAS principal board and formalised through a Private Fee Protection Agreement (FPA). This framework ensures full fee transparency from day one, establishing clear milestone structures and protecting both parties throughout the mandate lifecycle. No sensitive asset data, pricing parameters, or performance kicker structures are disclosed prior to execution of a signed LOI/POF and FPA.

Direct principal oversight is maintained across all active mandates throughout the full development cycle. Advisory and governance fees are compensated via milestone-aligned structures governed under the Private Fee Protection Agreement (FPA) framework, eliminating conflicts of interest at every stage. The same team that signs the FPA oversees execution — from initial site assessment through operator selection, brand alignment, and exit readiness.

Technical execution across design, procurement, and construction management is led by project-specific partners selected for each mandate based on asset typology, market, and operator requirements. The ALMAS platform coordinates all execution partners under a unified governance structure, with a primary focus on operator alignment, brand positioning, and exit readiness. All execution partners are compensated through documented Performance Participation structures tied to verified project milestones.