BKC - Trade Centre
Investment Overview:
- Grade A office space located in Trade Centre at BKC, Mumbai
- Lease tenure of 5 years, with a lock in of 3-years. Lease start date of 1 June 2024.
- Tenant: Renewsys India Pvt Ltd – manufacturer of Solar PV Modules & its key components
- Entry yield of 9.2% – management fees of 1% p.a waived for the 1st year
- Gross rent of ₹338.6 psf and acquisition price of ₹40,296 psf
- 5% rent escalation every year
- Targeted IRR of 16.3%, which assumes capital appreciation of 7% p.a & exit in year 6
Interested in investing a smaller amount?
- Specify the amount you are looking to invest using the ‘Register Interest’ button, with a recommended minimum of ₹5 lakh
- We aggregate investors with similar interest and lower investment appetite to form a pooled investment
- Investment is facilitated through a Special Purpose Vehicle (SPV) managed by third party
- Additional SPV management fee will apply, reducing the target yield and target IRR by 1%