Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

Investments > Interface, Malad > Flashcards

Interface, Malad Flashcards

1
Q

Area of Property Bought

A

42,900 sq ft

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Property bought on

A

July 2019

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

Acquisition price of property

A
  1. 83 cr [9750]
  2. 63 cr

45.46 cr [10600/- ]

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

Monthly Rental - Lacs

A

29.64 Lacs

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

Annual Rental - Crores

A

3.56 crores

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Property Tax

A

3.51 psf / pm

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Address of Property

A

101 & 102, Interface 11, Malad West

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

Details of Interface Complex

A

Interface 11 : 3 Lacs sq ft

8 Office Buildings totaling 2.5 Mn sq ft

4 Buildings equal 1.2 Mn sq ft (only constructed)

  1. 11 : 2.95 L (2006)
  2. 14 : 3.65 L / Vacant for 5 years
  3. 7 : 2.66 L
  4. 16 : 2.33 L (2005)
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
9
Q

Lease Details

A

1st March 2016

5 Years - Locked in till end

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
10
Q

Current Rental - psf / pm

A

69.1 psf / pm

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
11
Q

Security Deposit (Amt and Period)

A
  1. 43 crores

4. 8 months

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
12
Q

Details of Tenant

A

Tecnimont ICB

  1. Italian conglomerate
  2. Specializes in plant engineering
  3. Presence in 40 countries with revenue of 3.5 Bn Euro in 2017 ; Listed on Milan Stock Exchange
  4. 60 years in India ; 2000+ people
  5. Own Campus of 81000 sq ft
  6. Occupies this space from 2006
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
13
Q

Competing rentals – Latest

A

JP Morgan Chase – 90 / 2.5 Lacs sq ft

Mindspace (Prism A) / Q12020

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
14
Q

Leverage

A

None

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
15
Q

Property Usage

A

IT/ITes

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
16
Q

Efficiency

A

82.7%

Carpet : 35474 sq ft

17
Q

Parkings

A

43

18
Q

Infra Connectivity

A

Metro Line 2A (Dahisar West – DN Nagar Metro Station)

Contract to J. Kumar Infraprojects – 8 elevated stations

19
Q

CAM

A

5.86 psf / pm

20
Q

Developer

A

K Raheja Realty

21
Q

Target Sale Price

A

14167/-

22
Q

Target Exit Rental

A

79.46

23
Q

Target Exit IRR

A

15.78%

24
Q

Target Exit Timelines

A

Dec 22

25
Q

Vacancy in Building

A

2nd Floor – check (42900)

26
Q

Details of Building 11 ; Floor Plate

A
  • 1 to 8

- 42900 sq ft

27
Q

Other Tenants in Building 11

A
  1. Tecnimont
  2. ICICI Lombard
  3. SSC Globeops
  4. Emirates
  5. Just Dial
  6. Sony Network
28
Q

Tecnimont ownership

A
  1. Own office – 81000 sq ft
  2. Building 11
    a. 7th – 21450 (owned)
    b. 5th – 21450 (leased)
    c. 1st – 42900 (leased)
29
Q

Other Competing Buildings

A
  1. Prism Towers – 10.53 L [2005]
  2. Paradigm – 6.87 L [2003]
  3. Techniplex – 5.4 L [2009-11]
  4. Magnus – 3.34 L [2002]
  5. Eureka – 2.1 L
30
Q

Exit Cap Rate

A

7.0%

Investments (3 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions