How the Devin Framework Works

Traditional development often concentrates decision-making, validation, and capital control in too few hands. The Devin Framework restructures this by separating roles and placing payment release behind independent validation.

Investors benefit from:

Full capital control at all times
Independent validation of every payment
No exposure to developer insolvency or mismanagement
Strong refinancing opportunities on completion to recover invested capital
Ongoing ownership of a stabilised Build-to-Rent asset

This is not speculative development.
It is governed capital deployment.

How the Devin Model Works

Capital discipline

Investor SPV provides equity (typically project-specific)
Funder provides debt funding (project-specific)
Drawdowns and equity are held in independent escrow
Escrow payments are released only against validated milestones
Validation is performed by the QS and Project Manager, with Owner approval

Triple signatory authorisation is mandatory:

Investor
Independent Quantity Surveyor (QS)
Independent Project Manager

No single party can move capital unilaterally.

Independent Validation at Every Stage

Each phase of the project is delivered and validated independently:

Consultant Group
Design, Resource Consent, Building Consent, EPA
Construction Company
Fixed-price contract, no margin on variations
Project Manager
Daily oversight, documentation, progress verification
Quantity Surveyor
Monthly financial and construction validation

Payments are released only when all validations align.

Fixed-Price Construction with Aligned Incentives

Proven construction partners
Fixed-price contracts
No margin or management fee on variations
Proof of subcontractor payment required before drawdowns

This structure removes the incentive for cost overruns and delays

Completion, Refinance, and Capital Return

Upon completion:

Upon completion, the investor may choose to refinance based on independent valuation and lender terms. Outcomes depend on project-specific costs, programme, market conditions, and funding terms

The result:

A stabilised Build-to-Rent property
Institutional-grade governance
Ongoing cashflow
No capital remaining at risk

What Devin Ltd Does (and Does Not Do)

Devin Ltd is not a developer and does not take construction risk.

Devin provides:

Framework licence and documentation architecture
Process compliance review and structured reporting requirements
Introduction of qualified service provider options (Owner appoints)

Devin does not:

Hold funds or control escrow
Sign off milestones or certify works
Act as project manager or construction supervisor
Provide legal/financial advice
Guarantee outcome

This separation is deliberate and central to investor protection

Important Notice:

Devin provides a governance framework and process architecture. This website is not an investment offer or financial product disclosure. No outcomes are guaranteed. Prospective participants must obtain independent legal, financial, and tax advice.