Debitum Network partners with a loan originator VIHOREV INVESTMENTS from the Czech Republic
Debitum Network keeps on growing and we onboard more new parties on our platform every month. Today, we are proud to announce a new partnership with a loan originator from the Czech Republic – Vihorev Investments. Vihorev Investments is a prominent real estate developer with years of experience in the market. The company focuses on developing real estate projects in Prague, the Czech Republic.
Through the partnership with Debitum Network, Vihorev Investments will offer the first test assets in the industry of real estate. These would be the first assets of a real estate industry on the Debitum Network platform and we hope for a successful continuation in the partnership after the first assets have been funded.
About Vihorev Investments
Vihorev Investments has been active in the real estate market for many years, building or managing assets worth EUR 20 million. In 2018 alone, it sold real estate worth approximately EUR 8 million. At present, it actively operates 4 projects with 177 residential or commercial units and is preparing to launch other projects.
A real estate project ‘STRAKONICKÁ’
Vihorev Investments has just successfully finished a residence project ‘STRAKONICKÁ’. The project has been developed in the heart of Prague and consists of 28 apartments and 4 studios. The total area of the residence is 1650 m2. The apartments are suitable for housing, business or can be used as an investment. 100% of the apartments have already been sold.
Test assets on Debitum Network (STRAKONICKÁ project) from Vihorev Investments
Debitum Network is going to refinance the equity of the project “STRAKONICKÁ”. This will be done via Vihorev Investments’ local SPV (Special Purpose Vehicle). The refinancing sum is spread over 15 ‘test assets’ that are uploaded on Debitum Network platform and are available for investing. We hope that the first mutual project between Debitum Network and Vihorev Investments will be successful and this will grow into a further fruitful partnership and more assets from the loan originator will be offered on Debitum Network platform.
A selected asset from the project STRAKONICKÁ
We encourage everybody (register on our platform, if you haven’t done it yet) to look at the newly uploaded assets from our new partner and possibly adding some of them to their portfolio (if you can’t see the loan originator, be sure to check the filter and adjust it accordingly). We have selected the top asset from the batch of assets (STRAKONICKÁ project) for you. It is expected that over the upcoming 5 years the project will generate a 148% return on equity from renting the apartments and have an average occupancy rate of over 75%. Furthermore, 100% of the borrower shares are provided as collateral. The asset also has a buyback guarantee. Does it sound good enough? If yes, be sure to add it to your portfolio. Do not hesitate as the assets on the platform are funded really fast. Check out the asset.
Disclaimer: Investments in financial products are subject to market risk and any investment should only be done with risk capital. The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.