WAVEBOARD - SeaLandHome, Potsdam (Germany)
Waveboard is a boarding house (37 fully equipped apartments ranging from 44 to 83 sqm), with retail / gastronomy spaces on the ground floor. It is located in the heart of Potsdam’s cultural scene, perfectly fitted into the new spirit under which the formerly army and industrial site has been reborn. The apartments have been specifically designed and equipped in order to satisfy their guest’s everyday needs.
valoRizE as been involved since the very beginning, in all aspects of the Waveboard project, having been responsible for the overall concept (design and functionality), the drafting of the business case, the funding and even the internal fitting.
valoRizE, working in close collaboration with the local contractor, has made sure financing, project and timetable constraints could be fully respected.
valoRizE has then successfully marketed the newly built object, closing the transaction at the best-possible conditions. A remarkable ROE of 8% (on a yearly basis) has been achieved.
Investment aim
Project Development
Currency
Euro, EUR
Total return
8% on a yearly basis