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