DESMAN is on the forefront of Privatization Consulting

In consideration of the current economic climate, many forward thinking public entities are investigating the benefits of selling/leasing various components of their infrastructure portfolio to local and foreign investors.
Privatization can be a benefit for all involved if implemented properly.

Recently, DESMAN completed a large study for the Privatization of the Chicago Underground Parking System. Working with Morgan Stanley, DESMAN provided due diligence efforts and technical advisory services in support of Morgan Stanleys successful bid for the 99 year lease concession for the Chicago Underground Parking System. The four garages which make up the system contain a total of 9,178 parking spaces. DESMAN projected the impact of changes in parking demand and operations on the revenue and expenses of the parking system overt the lease period. The study focused on two primary types of changes; short-term and long term. The short term changes reflect revenue enhancements and operational efficiencies while long term trends reflect area growth patterns and underlying inflation growth. Following Morgan Stanleys successful bid, Desman became the technical advisor to Société Générale the major lender. DESMAN has since been working on five other Infrastructure Privatization opportunities.

DESMAN Associates is on the forefront of consulting services related to privatization of parking assets. We are capable of providing consultation on all of your privatization needs.
DESMAN Associates
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