Is there a link that shows details on the first property they acquired, or can someone post details here?
The Tower Condominium
https://www.facebook.com/TheTowerCondo/The Tower Condominium project at Chalong, Phuket
The Tower is a brand-new 78-unit condominium in the heart of Chalong, next to the Villa Market Home Pro, at 500 meters from the pier, 250 meters from the new Chalong Hospital and 300 meters from the upcoming light rail station that will connect Chalong to the airport.
We designed efficient and stylish spaces leveraging on our experience in building residential properties in Europe and Asia for over 15 years.
We integrated the whole value chain from architecture & design to construction & management to offer high-end properties at entry level prices.
The Tower caters to long-term residents looking for value for money and convenience, and is growing into the biggest community of young professionals in Phuket. High occupancy rates and average leases of 4 months are generating very attractive returns for our investors (>7% net per annum).
I mean details that an investor would want to see. Purchase price relative to sales comps, rental comps, budget, proforma return, etc. I assume they put together an internal investment committee memo prior to making the acquisition, so all this info should be readily available. It's also the type of info that should be provided for all investments once the platform is live, so I think it's reasonable to expect them to share it for this one as well...it would be helpful to see how they are underwriting.