The Fund will deploy the Committed Capital to invest in the US real estate sector. We target value-added projects, by re-zoning, re-position, renovation and many other tactics to upgrade the projects and exit with decent price. Our ideal type of assets include multi-family properties, student accommodation, senior villages, and other undervalued residential opportunities located in different markets, which may include, but not limited to primary, secondary, and tertiary markets. By our past experience, we could achieve an remarkable IRR.
Value – added Investment
In the eyes of Basel Capital, value-add has two main applications:
A. Upgrade the existing properties by a series of methods. Those methods includes optimization of landscape design, interior design and structural optimization, updating building services system, or improve asset or property by sub-division. Targeting assets could be single family house, townhouses and apartments.
B. Repositioning an existing asset to be more useful. In an area with an oversupply of hotel rooms, but a shortage of student accommodation, Basel would aim to convert an existing hotel into student accommodation.
Delivering new housing to in-demand communities. Basel Capital seeks to deliver housing in the most efficient way, either through acquiring and developing the land on its own, or forming a joint venture with a local company to maximise their local expertise.