Imperium (French MNC Opportunity)
Asset Issuer
hBits Proptech Private Limited
Asset Platform
hBits
Asset Name
Imperium
Asset Class
Real Estate
Asset Type
Commercial Real Estate
Asset Abbreviation
IM
Asset Fraction Price
₹ 2,500,000
Asset Fraction Yield
10.04%
Asset Fraction Maturity
5 years
Min. Investment Size
₹ 2,500,000
Asset Fraction Sale End Date
December 30, 2021
Category
Description
An excellent opportunity that features a French multinational brand 'Mane' as a tenant, occupying the space since 2016. The asset features an office space and a research lab that caters to prominent FMCG players like Unilever, P&G and more. Their infrastructure gives an obvious indication of the stickiness of the tenant. Mane, a global leader of the Fragrance and Flavour sector, is headquartered in France with a 1.6 billion dollar turnover as of 2020.The asset is in a commercial building, Imperium located in Andheri, near the metro and airport.The entry yield for this property is 10.04% annually, and the targeted IRR is 16.33%. The lease agreement term is for five years and the lock-in period is for three years.
Features
- Imperium is a Grade A commercial property in Andheri, Mumbai, a key business district known for its excellent infrastructure and connectivity.
- This premium office space spans 17,422 sq ft and is leased to Mane, a leading French multinational in the fragrance and flavor industry, ensuring stable rental income.
- The property offers modern amenities, including high-speed elevators, power backup, CCTV surveillance, dedicated parking, and in-house restaurants, making it an attractive workspace.