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  • "The entry never indicates to the richness of the interior of Dar Les Cigognes." - Marrakech Express
  • "We have magical memories to take home." - Richmond & Sue, UK
  • "Privacy is queen here apart from the stories of long journeys of the storks from the terraces" - AM Architecture du maroc
  • "A little jewel of a hotel in the heart of historic Marrakech" - Gulliver
  • "Each room tells a different story full of oriental charm and romance." - Elle
  • "We have loved every minute of our time in Marrakech." - Danielle & David
  • "A modern day 1,001 nights" - Hello!
  • "Oasis of calm-Dar Les Cigognes" - new metropolis
  • "with its design it reflects the traditional Morocco" - Urlaub Tipp
  • "At Dar Les Cigognes you don't need a superstars bank balance to live the life of the blessed" - Mediterranean Life
  • "Enjoy a luxurious treatment by Dar Les Cigognes." - Red
  • "A riad to be recommended." - Sue & Keitti
  • "An elegant and luxurious refuge" - Elle Decor
  • "…such attention to detail and so peaceful!" - Sally, Phillippe & Franc
  • "Dar Les Cigognes is a gorgeous refuge." - Red
  • "Dar Les Cigognes in the heart of the historic medina." - International Inns, Resorts & Spas
  • "Master craftsmanship steered by the incomparable Charles Boccara. A true Oasis of Calm in Marrakech" - Architecture +
  • "If we are ever in Marrakech again we will certainly be staying here." - Equals & Sod ia, UK
  • "It's a beautiful person's natural habitat" - medlife
  • "Marrakech is a treasure trove of boutique hotels and romantic riads, but one of the best by far is Dar Les Cigognes" - You and Your Wedding
  • "Thank you very much for looking after us so well." - Richard
  • "After a minute I'd forgotten my cares." - Catherine
  • "Experience of the world of 1001 nights in Dar Les Cigognes!"
  • "The decor is amazing, truly magical, especially in the evening, by candlelight." - Clara, Prenatal & Rudy
  • "A wonderful honeymoon, made perfect by a beautiful and shining place, and the most fantastic staff." - Mr. & Mrs Balcer
  • "A boutique hotel boasting individually decorated rooms and excellent service" - Eyewitness Guide
  • "Most romantic weekend we've ever had!" - Suzanne & Jason
  • "Dar Les Cigognes is a small jewel." - Hébergement
  • "We have visited many hotels but Dar Les Cigognes was a miracle." - Chris & Willy
  • "This is probably the most calm and relaxing guest house in the city" - Amanda, UK
  • "…the city's hotshot riad converter." - The Sunday Times
  • "Stay at Dar Les Cigognes for a boutique-style rest in the exhilarating city of Marrakech." - greenprophet.com
  • "A great team of friendly staff make you feel welcome from the first moment you step into the hotel." - Irish Daily Mail
  • "The real luxury of Dar Les Cigognes is the welcome and gentleness of the staff, always ready to cater to your every need" - Luxury Morocco
  • "Thank you for making our time in this city so memorable." - Rebecca & William
  • "Nid des Cigognes is a hidden gem" - Hg2
  • "An enchanting beautiful, intimate boutique hotel." - Icon
  • "Multilingual staff are meticulous and attend quickly to guests every request." - maroccochic
  • "Secret Celebrity Hideaways" - Travel + Leisure
  • "romantic Moroccan nights at Dar Les Cigognes" - Daily Mirror
  • "Simply fantastic!" - Chris, Spain
  • "The dream of 1001 nights - Dar Les Cigognes"
  • "This place is like a dream." - Marlene & Carl
  • "Morocco is a world of interiors. Marrakech has some of the most beautiful in the world, and Dar Les Cigognes is one of them" - The Mail on Sunday
  • "Today this small oasis is considered as one of the most beautiful hotels in the world." - In
  • "This is the best place to be." - Jan & Jolanda, NL
  • "Thank you for a very restful stay in your beautiful, peaceful Riad." - Wquas & Sodia
  • "The way how the stars like it" - In
  • "Unusually stunning -. Business Traveler
  • "The Sanssouci Collection attracts discerning gourmets and globetrotters into the enchanting city." - BOARDING.DK
  • "In the heart of the medina of Marrakech, Dar Les Cigognes." - Elle
  • "The wonderful hotel and staff made our stay in Marrakech complete." - Milay
  • "Real Moroccan, classy and stylish, this is the way it goes at Dar Les Cigognes in the Medina of Marrakech." - escapio
  • "Will allow you to feel like a Pasha on your vacation." - Escapio
  • "Dar Les Cigognes in the heart of the ancient medina is where to stay in Marrakech." - Red
  • "We would recommend this riad to anyone visiting Marrakech." - Society
  • "Visitors to Marrakech are spoilt for choice. Dar Les Cigognes is one of the best" - The Sunday Telegraph
  • "One of the best riads in Marrakech designed by one of Morocco's best architects." - Chic Retreats
  • "Georgeous refuge from the medina" - Red
  • "Each guest's request is satisfied before you have expressed it." - Tourbillon
  • "The sunshine was wonderful, but your smiles outdid the sun by far." - Steve & Lynne, UK
  • "Dar Les Cigognes is offering everything for the senses." - Schweizer Illustrierte
  • "Anyone interested in Moroccan design will find it difficult to drag themselves away" - The Sunday Telegraph
  • "This elegant boutique hotel is an oasis of tranquility amidst the hustle and bustle." - UrlaubTipp
  • "Once being a princess" - Schweizer Illustrierte
  • "11 rooms that take you on a ostentatious journey through Morocco." - Guide Evasion
  • "Thank you for a most wonderful stay in your beautiful riad." - David & Helen, UK
  • "Dar Les Cigognes is a masterpiece of luxury in the heart of the city." - Moroccochic
  • "A very lovely and enchanting Riad." - Clare & Michael
  • "What a charming hood in the best part of town" - Sam, UK
  • "We have traveled to many parts of the world and this is one of the friendliest hotels ever!" - Dave & Mary, UK
  • "One of the oldest and most elegant Riad hotels in Marrakech." - reisemagazin.com
  • "An inspirational hotel" - The Sunday Telegraph
  • "A truly 6 Star experience!" - Penny, UK
  • "Dar Les Cigognes is a rare treasure!" - Christopher
  • "Beautiful Riad in the Medina of Marrakech with gorgeous rooms and a stunning roof terrace." - abenteuer und reisen
  • "The true beauty and many distinct facets of Moorish art come to life in this intimate boutique hotel" - Elle Decor
  • "What stands out most about Dar Les Cigognes is the way it feels like an exclusive pleasure." - maroccochic
  • "Talk about an other world - to step the excitement city into the calm of the riad." - Lynn & Dave, UK
  • "Wins our vote every time" - The Sunday Times
  • "We will come here over and over again to the riad of dreams" - Pam, UK
  • "Chic as chips" - medlife
  • "The architecture is amazing" - Tatler
  • "Greets from the world of 1001 nights." - honeymoontip
  • "Exceptional attention to detail and professional staff" - Sean
  • "Perfectly placed in the medina." - Kuoni
  • "The attention to detail throughout is excellent." - Société perrier
  • "Dar Les Cigognes in the heart of the old town of Marrakech."" - Guide de Charme
  • "Many thanks for making our first visit to marrakech a wonderful memory…" - Mark & Kylie, Luxemburg & Australia
  • "Dar Les Cigognes an oasis of luxury and calm." - Time out Marocco
  • "This is like a dream come true, it is the most wonderful place I have stayed in and I have traveled the world" - Yvonne and Chris
  • "One of the most stylish and comfortable riads in Morocco" - Madame
  • "a fabulous haven" - Area
  • "A stylish sanctuary of peace and calm." - Red
  • "On the rooftop is a view across to the Atlas" - Daily Express
  • "... the entrance to paradise at Dar Les Cigognes." - Gaby
  • "What an amazing place the riad is." - Anne
  • "A warm welcome with great service" - Hotels of Charm-Morocco
  • "Dar Les Cigognes is beautifully modern whilst staying true to a traditional cultural aesthetic." - AREA
  • "Dar Les Cigognes still oozes history, but has been sensitively updated by cult Morocco architect Charles Boccara." - In Style
  • "Unique mix of traditions and modernity" - Elle
  • "Dar Les Cigognes oozes history, but has been sensitively updated by cult architect Charles Boccara" - In Style
  • "Here in the stork house time remains to has stood still in the pre-industrial world." - Chili
  • "Stylish design of the Riad Dar Les Cigognes, a great luxury in a private intimate ambience." - Der Tagesspiegel
  • "Hidden behind a heavy wooden door with a knocker, there is the hotel-jewel Dar Les Cigognes." - ICON
  • "Beautiful place!" - Rene
  • "Sublimely chic" - Time Out
  • "Everything breathes luxury and good taste" - Geo Guide
  • "The intimate atmosphere of the hammam should not be missed" - Gulliver
  • "Sophisticated elegance and style are the traits of this charming hotel." - Wand0travel.com
  • "The Riad is beautiful and the staff were friendly and helpful, they couldn't do enough!" - Joanne & Vicoria, UK
  • "Beneficial coolness and tranquility surround the guest upon entry into the world of Dar Les Cigognes" - Elle
  • "A truly wonderful place to stay on our first visit to Morocco." - Kate & Mark, UK
  • "A luxury refuge" - Reise Aktuell
  • "Here you can pamper yourself in a relaxed atmosphere and in traditional Moroccan ambience." - BOARDING.DK
  • "Dar Les Cigognes is one of the best hotel by far." - youandyourwe
  • "Welcome to paradise" - Marc
  • "Moving from room to room is traveling, it's going from Black Africa to the desert of Mauritania. " - Couleurs Marrakech
  • "I will miss this place and I hope I will come back." - Jasmin
  • "Spend a magical weekend in Marrakech at Dar Les Cigognes" - Living etc
  • "A mustn't miss! " - Abenteuer und reisen
  • "A charming riad that is a convenient and quiet oasis from which to explore the city" - House and Garden.
  • "The jewel of 1001 nights" - Elle
  • "The most spectacular roof terraces of the city" - Elle
  • "Part careful restoration, part Saharan fantasy is wonderfully well-located" - Cadogan Guide
  • "We have had the most wonderful time" - Simon & Edward, Australia
  • "I hope I'll come back soon. Thanks for the unforgettable holiday" - Sanne
  • "Intoxicate your senses at Dar Les Cigognes" - abenteuer und reisen
  • "A magical place to stay." - Carel & Steve, UK
  • "Too good to be true: Dar Les Cigognes' plush interiors belie the hotel's friendly room rates" - Mediterranean Life
  • "This was the best place to be." - Jan & Jolanda
  • "A bon ton riad and veritable hotel du charme" - Maisons du Maroc
  • "Beautiful boutique hotel smack in the middle of the medina" - Daily Express
  • "Perfectly placed in the medina- Dar Les Cigognes" - Kuoni
  • "A luxurious and relaxing refuge" - Elle Spain
  • "Dar Les Cigognes is a luxurious little jewel" - Maroc, la tradition du luxe
  • "We will tell all our friends about the excellent service and quaint oasis that we felt inside there walls." - Ken, USA
  • "Dar Les Cigognes has been truly amazing!" - Mr. & Mrs. Rompson
  • "The plant filled rooftop of this designer riad is the perfect spot to catch a few, last fleeting rays of sunshine of the year." - Red
  • "A sanctuary from the vibrant bustle of Marrakech's streets." - AREA
  • "The intricate attention to detail is stunning" - The Evening Standard
  • "A delightful and well-run medina riad hotel" - Privat Dining
  • "The Riad Dar Les Cigognes is a small city palace." - sierramar.ch
  • "We pushed the door and it was magical!" - Monique & Peric
  • "Oriental Pearl- Dar Les Cigognes" - freundin.de
  • "We loved our experience in Marrakech, especially our time at Dar Les Cigognes." - Lera & Ezak
  • "A true oasis of luxury and calm" - VIP International Traveler
  • "Dar Les Cigognes has rooms full of charm and character" - Guide de Charme
  • "A roof terrace with magnificent views of the Atlas Mountains." - House & Garden
  • "We will return ""Inch Allah"" soon." - Francine, LA
  • "This award-winning true boutique Hotel ensuring private and individual experiences in Marrakech." - International Inns, Resort&Spas
  • "is characterized by luxurious but unostentatious accommodations" - New Hotels
  • "Dar Les Cigognes is a stunning example of what the riads have to offer." - icsouthlondon.co.uk
  • "The hammam treatment made us feel like royalty!" - Lena & Ezak, Florida
  • "We loved Dar Les Cigognes and Marrakech." - Annabel, UK
  • "The architect has put all his talent to preserve the authenticity of the place of Dar Les Cigognes." - the Best of Marrakech
  • "A wellness temple" - In
  • "The design is so chic and cozy at the same time" - Elle
  • "A riad full of charm that totally breathes the atmosphere of Marrakech" - Jean-Philippe & Nicole
  • "An oasis of calm and elegance in the heart of the medina." - Franz, London
  • "Service is just the start. Every detail counts" - The Independent
  • "Enjoy the fantastic food" - Privat Dining
  • "Renovated by legendary French architect Charles Boccara." - BAZAAR
  • "The style oasis of Dar Les Cigognes is located in the Medina" - Seitenblicke
  • "The Dar Les Cigognes pampers its guests with plenty of rest." - Chili
  • "We felt safe, comfortable and very happy in your wonderful hotel." - Charles & Christine, UK
  • "The riad has such a relaxing and serene ambiance." - Yolanda, Australia
  • "This is a beautiful and wonderful place to stay." - Andi, UK
  • "Dar Les Cigognes is a stunning example of what the riads have to offer" - Prestige Lifestyle
  • "Dar Les Cigognes is something special" - Gabriele & Oliver
  • "A charming place in a beautiful city." - Jorge, Madrid
  • "Such attention to detail and so peaceful" - Sally & Philipe, France
  • "Wonderful, peaceful experience, loved every minute of it." - Julia & Rob
  • "A peaceful ambience that is immediately apparent" - Hedonist's Guide
  • "Dar Les Cigognes- authentic flavour of Morocco" - Guide de Charme
  • "It's hard to beat the exotic appeal of Dar Les Cigognes" - The Daily Mail
  • "Dar Les Cigognes quaint old-town palace in Marrakech." - Escapio
  • "There is a fabulous tranquility" - In Style
  • "Anyone interested in Morocco will find it difficult to drag themselves away" - The Sunday Telegraph
  • "An oasis of Moroccan chic" - You and Your Wedding
  • "Peace and quiet amongst the chaos of this great city" - The Best of Marrakech
  • "A perfect stay in a perfect riad." - John & Anna, UK
  • "Excellent stay at this wonderful and quiet place." - Sophie
  • "An eye catching interior" - Fodor's
  • "After traveling throughout the country, it was absolutely fantastic to end up our trip staying at Dar Les Cigognes." - Jesus, Mexico
  • "Excellent taste and florid imagination have brought this beautiful hotel to life" - Architecture du Maroc
  • "The heart of the ancient medina is where to stay in Marrakech and Dar Les Cigognes is a gorgeous refuge" - Red
  • "This bijou hotel is convenient for all the sites" - the chiccollection
  • "An oasis of luxury and calm" - Red
  • "Small luxury hotel that bears the stamp of star architect Charles Boccara." - guide evasion
  • "A wonderful calm oasis in the middle of busy marrakech" - Rachael & Malt
  • "What a wonderful haven" - Lynn
  • "A super riad in the heart of bustling city" - Simon & Heidi
  • "Silence and beauty surrounds the guest." - Der Tagesspiegel
  • "A wonderful idea- Dar Les Cigognes" - Only the best, Baden-Baden
  • "Luxurious atmosphere, unique charm and local authenticity." - BOARDING.DK
  • "We couldn't have chosen a better spot to spend the nights." - Annette & Marianne, NL
  • "A gem in Marrakech with all the ingredients to appeal to those in search of pampering and privacy" - Portfolio
  • "Our visit could not has been better." - Kiersten & Alexandria
  • "It's beautiful!" - Philip & Hannah
  • "What an astonishing oasis of tranquility in the chaos of surrounding Marrakech!" - Nui Midonald
  • "You will find the beauty of a riad's private world." - Time Out
  • "Dar Les Cigognes is a small jewel highlighting the multiple facets of Moorish art" - Michelin Guide
  • "We will recommend Marrakech and Dar Les Cigognes to everyone we know." - Joanne & Victoria
  • "An oasis of 1001 nights" - Domizil
  • "Thank you for a wonderful, memorable trip." - Joulyn Wong
  • "The jewel from 1001 nights" - Reise aktuell
  • "A beautiful retreat in the heart of wonderful Marrakech." - Elli, Naomi & Nix, UK
  • "A perfect escape from the European winter." - John & Sue, UK
  • "In Dar Les Cigognes you relax royally." - SPA inside
  • "Dar Les Cigognes - it's one of Marrakech best-loved hotel." - Simpson travel
  • "Dar Les Cigognes provides a very high level of comfort." - Chic Retreats
  • "Fab place - throughly enjoyed it!" - Kellie, Ana & Max
  • "Close to the sky" - Schweizer Illustrierte
  • "Dar Les Cigognes is known for the best personal service." - Tourbillon
  • "Your riad fulfilled our wildest expectations regarding luxury and hospitality!" - Imgrid & Christer, Sweden
  • "Moorish through and through, Dar Les Cigognes is the perfect wind-down spot following a hard day's bargaining in the souk." - medlife
  • "Beautiful Riad, helpful and friendly staff" - Charlotte & Sean
  • "Magic lies above the courtyard with bubbling fountains and golden lanterns, tranquility and beauty embrace the guest." - Icon
  • "Dar Lees Chiggers is like paradise on earth." - Martin, Germany
  • "Dar Les Cigognes stands out with its particularly well-conceived design." - Tablet talk
  • "Thank you for such a wonderful and relaxing time." - Richard & Sue, UK
  • "A masterpiece in Marrakech - Dar Les Cigognes" - Food and Travel
  • "In Dar Les Cigognes in Marrakech time seems to have stopped." - Chili
  • "A fabulously stylish hotel" - The Daily Telegraph
  • "With an excellent chef, this is the place to try Moroccan specialties" - The Daily Mail
  • "Dar Les Cigognes is a 17th-century merchant's townhouse that has been converted into a bijou 11-room hotel in Marrakesh-trés chic" - The Times of London
  • "Fairytale Wedding in boutique hotel Dar Les Cigognes" - honeymoontip
  • "One can only be blown away by the sumptuous tadelakt and ornate carved plaster" - Luxury Morocco
  • "Marrakech- so full of life and colour. A perfect moment in time at Dar Les Cigognes." - John & Caroline, UK
  • "Voluptuously orientalist" - Couleurs Marrakech
  • "The luxury hotel Dar Les Cigognes" - Reise aktuell
  • "The 17th century merchant's house still echoes with the gentle and beautiful atmosphere of the past." - Simpson Travel, Morocco
  • "Excellent service, wonderful staff, made us feel at home." - M. To ulan
  • "The whole team is always at your service, making a stay at Dar Les Cigognes forever memorable" - Traditions of Luxury
  • "The exclusive clientele make this the perfect haven after a busy day in the souks." - B International
  • "Dar Les Cigognes a heaven for romance." - the Australien
  • "Dar Les Cigognes is a unique and extraordinary destination." - Simon, Australia
  • "A charming superior first class riad with the intimacy, service and comfort of a boutique hotel." - Kuoni
  • "Dar Les Cigognes is very relaxing and calm after the hectic, vibrant city outside it's walls." - Karl
  • "The staff made our trip like a dream." - Annemarie
  • "A design temple with sumptuously comfortable interiors" - Condé Nast Traveler
  • "A chic boutique hotel with a quaint Moorish charm" - B International
  • "Exquisite mother-of-pearl inlay furnishings contrast crisp white sheets and lush green walls" - Home Journal
  • "Paradise for aficionados" - Smokers Club
  • "A true idyll amongst the chaos" - Richard & Louise
  • "Who would believe that behind that door in such a hectic street lies such a wonderfully calm and beautiful place." - Helen & Neil, UK
  • "Escape on a magic carpet to Marrakech and escape to Marrakech's finest new hotel" - Western Daily Press
  • "Dar Les Cigognes is truly a - Dar es Salaam - haven of peace." - Mary & John, UK
  • "Dar Les Cigognes is a Jewel!" - guests from NY
  • "We found the true wonder - Dar Les Cigognes" - Carrie & Johnson, USA
  • "Dar Les Cigognes- unforgettable" - Luxueux Maroc
  • "One of the oldest and most elegant riad hotels in Marrakech" - reisemagazin.com
  • "After climbing up the tiled stairs, is there the paradise waiting." - Schweizer Illustrierte
  • "But the real luxury of Dar Les Cigognes is the hospitality and friendliness of staff." - Maroc, la Tradition du Luxe
  • "This has been an unforgettable and beautiful experience for all the senses!" - Katja, Finnland
  • "One of the best boutique hotels of the Mediterranean" - Mediterranean Life
  • "Skillfully and sensitively restored." - architecture+
  • "Dar Les Cigognes is a small luxury hotel in the heart of the famous medina" - Western Daily Press
  • "A hotel that hardly could be more intimate and stylish." - freundin.de
  • "Dar Les Cigognes kitchen is one of the best in the city" - The Times
  • "Everyone and everything here were amazing." - Marcella & Stefano
  • "A luxury riad done in a traditional but modern style" - The Rough Guide
  • "A fantastically beautiful hotel" - More Than Classic
  • "1001 nights deluxe - The Sanssouci Collection" - tic.travel
  • "Highlight of Marrakech -Dar Les Cigognes"" - In Style
  • "Dar Les Cigognes has been designed so as to make guests feel at home" - Bales Worldwide
  • "At night, the illuminated marble fountain brings life to the patio" - Couleurs 35 Marrakech
  • "Your Riad fulfilled our wildest expectations regarding luxury and hospitality." - Imgrid & Christer
  • "Thank you for the impeccable service." - Jennifer & Particio
  • "Dar Les Cigognes is a haven removed from the chaos, noise, and hustle of the city" - 50 Unforgettable Things to do Before you Die
  • "Friendly staff and a warm welcome. Thank you for a wonderful time." - Mr & Mrs Knight
  • "We will definitely have to return again." - Amanda & Kristen
  • "A lovely, laid-back place." - Richard
  • "Very kind and helpful staff." - Lesley & John
  • "Should be a place to see, feel and to enjoy." - Sabine
  • "Dar Les Cigognes captures the genius of Moorish civilization" - Asiana Wedding
  • "Moorish magic- Dar Les Cigognes." - In
  • "It`s a peaceful respite from the hectic, chaotic life which is just a step away" - John & Co. UK
  • "Stylish living- Dar Les Cigognes." - URLAUB TIPP
  • "Architecture that awakens the soul" - Architecture +
  • "Relaxing holidays in style should all start from a place like this." - moroccochic
  • "Dar Les Cigognes- the perfect apres-shopping retreat." - Red
  • "You have a lovely place and your staff is the best!" - Keirsten & Alexandria
  • "Out in the Medina rages haggle-madness, in the elegant designed riad there is magical peace." - In Style
  • "An ideal starting point for discoveries through Marrakech." - reisemagazin.com
  • "The luxury hotel is the ideal starting point for exploring Marrakech." - escapio, Einzigartige Hotels
  • "Behind the blank walls lies a world of tranquility" - The Sunday Telegraph
  • "We will come back with all our friends to show them this special place." - Diana
  • "Dar Les Cigognes with great traditional home cooking." - Waitrose kitchen
  • "Dar Les Cigognes gets our vote every time." - The Sunday Times
  • "Dar Les Cigognes - perfectly to feel like a princess from 1001 nights." - In
  • "The food was amazing and the hamman a real experience!" - Caroline & Jan, UK
  • "Anything that was good enough for the sultans, are bound to be good enough for us." - B International
  • "A charming riad that is a convenient and quiet oasis from which to explore the city" - House and Garden
  • "The storks create the perfect harmony at rooftop level" - Chantal
  • "Furnished with locally sourced carpets, tapestries, furniture and decorative items, it's an oasis of calm." - Harper's Bazaar
  • "The dark wood and creamy stone of Dar Les Cigognes illuminated with scores of candles are a picture of romance." - The Sunday Times
  • "Dar Les Cigognes shortlisted for Best Boutique Hotel in Africa by the World Travel Market One of the 49 Coolest Hotels in the world" - Cool Hotels
The Sanssouci Collection: Riad Moroccan Hotels

Freehold


Operating Model

Sanssouci Hotels purchases freehold title to the hotel asset and operates the hotel enterprise under our brand.

Guiding Principles

The disciplined acquisition of select hotel real estate is an evolutionary addition to Sanssouci Hotels’ existing hotel operating models. It is a practice deployed occasionally, alongside our other models, in accordance with well-defined investment criteria, including a focus on:


Mechanism

We are open to a number of deal structures including equity swaps, earn-outs, outright purchase, sale and leaseback, and joint ventures.