An apartment located in Germany, specifically in Frankfurt, is currently available for investment at a price per share of €500. The property, valued at €1,587,000, encompasses the conversion and renovation of two apartment buildings in Frankfurt-Bockenheim, comprising 45 residential units and 5 commercial units on the ground floor, spread over an area of approximately 3,809 m². Acquired in 2021, the project aims to enhance the value of the properties through professional repositioning, catering to the needs of the target group to realize its full potential.

Exporo has been involved in the previous project phase, optimizing the commercial tenant structure and leases. The ongoing conversion and renovation efforts, currently 30% complete, are expected to conclude by the fourth quarter of 2025. Notably, 21 units are being renovated for Kasseo Housing, an international company, with full occupancy already achieved for both residential and commercial units, generating an annual net rent of €890,000, covering 60% of the contractual rent.

Anticipating potential rent adjustments and new contracts, the project developer foresees an annual target net rent of €1,150,000 upon completion. The ultimate goal is to sell both buildings globally at 24 times the annual target net rent, yielding total proceeds of €27,212,872 (€7,275 / m² living / usable space). The repayment of the ECSP loan and investors' capital is planned through the sale of the properties, with the payback period estimated between December 31, 2025, and March 31, 2027.

Investors have the opportunity to contribute a minimum of €500 towards this project, structured as a loan investment. The utilization of funds focuses on optimizing the existing assets, with the project's ultimate repayment strategy centered around the global sale of the properties, ensuring a strategic and financially viable investment opportunity.