SINGAPORE - TESLA SHOWROOM & SERVICE CENTRE

$ SGD 3,524,000
  • 59045 ft
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Bukit Timah
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Description
TESLA SHOWROOM & SERVICE CENTRE SINGAPORE

Investment Opportunity!
SGD$3,524,000 investment into Tesla Showroom & Service Centre Asset held in a regulated VCC fund structure, Firmus Property Fund 2.
The Tesla Showroom & Service Centre is located at 17 Lorong 8 Tao Payoh 319254 Singapore.

Investment Structure
The Investment Hold Period is for 8 years in a Corporate SPV.
The nett profit to investors is 9.2%
Unlocking Value from the Underlying Real Estate * As the sole tenant with a strong cash reserves, Tesla’s long-term occupation of the building generates stable and long-dated rents which are highly sought after by institutional investors
(especially insurance companies and pension funds) who require access to such long-dated cashflows to meet their liability-matching needs

Exit strategies include A)
* Selling the cashflows directly to investors; B) Selling the asset directly into a REIT vehicle; or C) Direct disposal of the asset on the open market

B) Asset Exit via/to REITs
* Asset can be combined with other Firmus Capital assets and sold into a REIT vehicle to be listed on the SGX or a divestment into a REIT being a natural buyer of the asset of this characteristics
* Singapore remains key REIT listing venue in the region, and institutional and retail demand for REIT shares remains high

C) Asset Divestment
* The asset disposal after at the end of the investment holding period and JTC’s covenants into the market

There is a total of SGD$3,524,000 that can be invested in the Tesla Showroom & Service Centre through the Firmus Property Fund 2 - Contracoin CTCN accepted.
Property for
Sale
Building Area sq m/sq ft
59045 ft
Number of Floors
3
Built
2020
Garage
Yes
Posted
Mar 28, 2022
Location
Country
Singapore
State/Region/Province
Central Singapore Community Deve
City
Bukit Timah
Address
17 Lorong 8 Tao Payoh
ZIP code
319254
Expand Map
Reference Number
RF836564
Additional information
Property Features
  • Basement
  • Central Air
  • Dining Room
  • Disability Features
  • Laundry Room
  • Fireplace
  • Main Floor Bathroom
  • Main Floor Bedroom
  • Spa/Hot Tub
  • Swimming Pool
  • Family Room
    • Current rating: 0
    • Total votes: 0
  • 444 Views
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