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BLACKWALLASSETS

Yield-Focused Commercial Real Estate Investments in India

Access private, income-focused opportunities in pre-leased, Grade-A commercial assets like offices, warehouses, and retail. Designed for investors seeking stable, regular cash flow. For approved partners only.

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Understanding Commercial Asset Risks
Income-producing assets have specific risks beyond market fluctuations.
  • Lease Risk: Tenant defaults on rent or terminates lease early.
  • Vacancy Risk: Time and cost to find a new tenant between leases.
  • Tenant Concentration Risk: Over-reliance on a single tenant for income.
  • Operational Expense Risk: Unexpected increases in property taxes, maintenance, or utilities.
  • Market Rent Risk: Rents declining upon lease renewal (negative reversion).
Our Sponsor Underwriting Standards
We mitigate risks through a disciplined, sponsor-led underwriting process.
  • Tenant Quality: Focus on MNCs, large corporations, or government entities with strong credit profiles.
  • Lease Structure: Prioritize long-term leases (5-10 years) with lock-in periods and contractual rent escalations.
  • Asset Class & Location: Grade-A office, modern warehousing, or prime retail assets in established micro-markets.
  • Cash Flow Analysis: Rigorous underwriting of projected net operating income, accounting for all expenses.
Investment Thesis

Primary Goal

Generate Rental Yield

Secondary Goal

Capital Appreciation

Risk Profile

Low to Medium

Sources of Return
Returns are primarily from rental income with potential for property value growth. Not guaranteed.
ComponentIndicative TargetDescription
Rental Yield7-9% p.a.Net distributable cash flow from rents after all operational expenses and taxes.
Capital Appreciation5-7% p.a.Expected increase in property value over the holding period, realized only at exit.
Total IRR Target12-16%Illustrative Internal Rate of Return, combining both yield and appreciation.
LLP SPV Structure & Cash Flow Distribution
Each asset is held in a separate legal entity to ensure transparency and ring-fence risk.

1. Structured Acquisition: Each asset is acquired into an asset-specific LLP SPV. This structure is fundamental to how we mitigate risk and ensure transparent partner governance.

2. Rent Collection & Expense Payment: Rent is collected in the LLP's dedicated account, from which all property expenses are paid.

3. Cash Flow Distribution: Net distributable cash flow is then distributed to partners periodically, as defined in the LLP agreement.

4. Tax Efficiency: An LLP provides a tax-efficient "pass-through" structure. For details, see our page on LLP Taxation.

For Income-Focused Investors
These opportunities are designed for investors prioritizing regular cash flow over aggressive, high-risk growth. Capital is still at risk and returns are not guaranteed.

Access Yield-Generating Assets

Apply for partner access to view detailed financial models, lease abstracts, and due diligence reports on our commercial property deals.

Apply for Private Deal Access