Purchase of a yield producing building at a distance of a few minutes walk from the University. For the past 45 years it served as student dorms. The building has been thoroughly renovated and upgraded into a dormitory with shared public spaces. It is fully managed and includes 44 rooms currently rented to students, providing them with vital complementary services: laundry services, rooftop, outdoor kitchen facilities for entertainment, drink vending machines, etc.
Investing project shareholders enjoy ongoing profits across the project’s lifespan and of course profits from the exit on the property’s sale as a yielding asset at a later stage.
Fully recruited. The building is rented out with 90% occupancy.