Assetmonk, a pioneer in the alternative investment sector, has launched its latest offering, AM Whitefield, presenting retail investors with an unparalleled opportunity to participate in Bengaluru's growing Grade A commercial property landscape.
Located within the esteemed Brigade Tech Park in Whitefield, this property, developed by the prestigious Brigade Group, stands as a LEED-certified building. The investment opportunity boasts an entire floor covering 32,300 sq ft and 31 leased car parking spots with a total valuation of INR 31 crores. Currently occupied by a leading American multinational company, the property ensures a steady stream of long-term rental income, providing investors with a ready and reliable return on their investment.
Speaking on the launch, Prudhvi Reddy, Founder and Chief Executive Officer at Assetmonk, said “As part of our strategic roadmap, we are introducing an exceptional opportunity that has undergone rigorous due diligence, ensuring it aligns with all the essential criteria: a prime location, an outstanding project, and impressive yields. The asset has been negotiated at a discounted price than the current market value, which promises a great upside towards the end of the tenure.”
AM Whitefield presents investors with a compelling financial opportunity, featuring a targeted IRR of 16%, an initial rental yield of 8.50%, and a capital multiplier of 1.8, attainable within 4-6 years. This investment is an excellent opportunity to participate in an expanding micro market within a Grade A space in Whitefield, a technology eco-space. The improving connectivity to various parts of the city, and increasing prominence among retail, hospitality, and tech brands adds to its calibre. The influx of builders and its evolving role as an established commercial IT office space further solidify its potential, making this venture a strategic move for investors seeking growth in this dynamic market.
The digital-first platform aims to simplify commercial real estate investments for sophisticated investors by providing exclusive access to such high-quality opportunities through its fractional ownership model. This approach is designed to break down barriers and make investments in this elite asset class more accessible to both retail and upper retail investors.
The platform’s current Assets Under Management (AUM) exceeds 300 crores and it has established a strong presence in key cities including Mumbai, Chennai, and Bangalore. By bringing lucrative and diverse investment options, Assetmonk is empowering investors to maximize their potential returns and achieve financial success.
