RMZ Futura II

  • 12%

    GROSS TARGET IRR

  • 7%

    TARGET YIELD

  • 2.08X

    TARGET EQUITY MULTIPLE

  • Property type
    Grade-A Office Space
  • Investment Type
    5-8 Years
  • Location
    Bannerghatta Road
  • Est. 1st Distribution
    From the 1st month of Investment
  • Minimum Investment
    25 Lakhs

INVESTMENT OVERVIEW

A one-time opportunity to invest in Commercial Real Estate. Located in the prime location of South Bengaluru, the asset is an ideal long-term investment.

  • LOCATION

    Building is located on the main Bannerghatta Road, a prime business district.

  • MARKET

    Bannerghatta Road is a well-established IT office spaces market with many IT parks. It has seen good demand for office spaces & very low vacancy levels.

  • VALUE-ADD

    Well-maintained building with world-class specifications managed by a renowned IPC.

property

TENANTS DETAILS

HSBC operates an international network of

about 4,500 offices in 70 countries and territories in Europe,

North and Latin America, Africa, Asia, and the Middle East

LEASE DETAILS

  • Total Lease Area
    1,77,565 sqft
  • Number of Tenants
    1
  • Available area for sale
    21,986 sft
  • Car Parking
    28
  • Yearly Rent
    14,07,518 ₹
  • Rent Commencement
    Sep, 2020
  • Lease Term
    5 Years
  • Security Deposit
    1 Cr
  • Rent Escalation
    15% every 3 yrs

FINANCIALS

PROJECTED YIELD

A projected investment of Rs. 25,00,000 will see an estimated return of ~Rs. 1.7 lac in year 1 and ~Rs. 2.5 in the 5th year.

NET INCOME IN HANDS OF INVESTORS PER MONTH IN EACH YEAR (INR)

Investment amount (Rs lac) Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10
25 1.7 1.7 1.7 1.9 1.9 2 2.2 2.2 2.3 2.5
50 3.3 3.3 3.4 3.9 3.9 3.9 4.4 4.4 4.5 5.1
75 5 5 5.1 5.8 5.8 5.9 6.6 6.6 6.8 7.6
100 6.7 6.7 6.8 7.7 7.7 7.9 8.9 8.9 9 10.2

COSTING DETAILS

Particulars Value Details
Total office area to be purchased 21,986 sft. with 28 car parking UDS of 16,049 sft. (73% of leasable area)
Purchase price 19,35,00,000 ₹ INR 8,800 per sft.
Add: Stamp duty / Registration 1,35,45,000 ₹ 7% of Purchase price
Add: Acquisition fee 67,72,500 ₹ 3.5% of the Purchase price
Add: Legal and technical diligence, valuation and trustee charge 10,00,000 ₹ As per estimation
Total Purchase price 21,48,17,500 ₹
12%

IIR

Grade A+

TENANT

Low Risk

OC Received

Excellent

LOCATION

WHY INVEST IN THIS PROJECT

  • Lease was renewed with the tenant effective July 2020
  • High going-in yield for Grade-A+ asset in Bengaluru
  • Walking distance to upcoming Metro
  • London-headquartered Multi-National Bank as Tenant
  • Tenant has been paying rentals timely and regularly
  • Excellent location with good connectivity via road and metro

DISCLAIMER

This information, including attachments, is intended only for the addressee(s) indicated, and may include non-public, proprietary, confidential or legally privileged information. If you are not an intended recipient oran authorized agent of an intended recipient, you are hereby notified that any dissemination, distribution or copying of the information contained in or transmitted with this email is unauthorized and strictly prohibited.

If you have received this email in error, delete it and any attachments or copies immediately. Yield Asset is a sourcing portal operated by YieldAsset Real Estate Tech Private Limited (Yield Asset).

This message is for informational purposes only and should not be regarded as a recommendation, an offer to sell, or a solicitation of an offer to buy any security. Any information contained herein has been secured from sources Yield Asset believes are reliable, but we make no representations or warranties as to the accuracy of such information and accept no liability therefor. No part of this email (or its attachments) is intended to be binding on Yield Asset or to supersede any issuer offering materials. Yield Asset is not an investment adviser or crowdfunding portal. We recommend that you consult with a financial advisor, attorney, accountant, and any other professional that can help you to understand and assess the risks associated with any investment opportunity.

Information in this message, including information regarding targeted returns and investment performance, comments, commitment, or statements made herein do not necessarily reflect views those of Yield Asset or any of its group companies. Forward-looking statements, hypothetical information or calculations, financial estimates and targeted returns are inherently uncertain. Such information should not be used as a primary basis for an investor’s decision to invest. Investment opportunities on the Yield Asset Platform are speculative and involve substantial risk. You should not invest unless you can sustain the risk of loss of capital, including the risk of total loss of capital.

Articles or information from third-party sources outside of this domain may discuss Yield Asset or relate to information contained herein, but Yield Asset does not approve and is not responsible for such content. Hyperlinks to third-party sites, or reproduction of third-party content, do not constitute an approval or endorsement by Yield Asset of the linked or reproduced content. Any opportunity listed and marketed by Yield Asset may be recalled or redeemed at any time and on such terms to our sole discretion without any prior notice to you.

;