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