YieldAsset Real Estate Tech Pvt Ltd, a proptech startup, which enables fractional ownership in institutional-grade Commercial Real Estate (CRE) aims to have Rs 100 crore worth of assets under management (AUM) by the end of September quarter.

YieldAsset has already listed two assets of Grade ‘A’ office space in Mumbai and is in the final stages of signing few more commercial assets in prime locations in Mumbai, Bengaluru and Pune.

“We are looking forward to scaling up our offerings in the coming months. The Grade-A office real estate remains a preferred asset class for investors to add rental income portfolio owing to the asset’s robust fundamentals and resilience. By bringing investors and asset owners in line on a tech-enabled platform, YieldAsset offers the best opportunities to non-institutional investors to participate in these asset classes. YieldAsset is also entering into a strategic partnership with few leading Wealth Management firms to offer fractional ownership of commercial properties to investors associated with them. Going forward, the company will also be looking at other asset classes such as warehouses, data centers, student housing, industrial assets, amongst others.” said Rajesh Binner, Founder, YieldAsset.

YieldAsset offers unique investment opportunities in the CRE space by fractionalizing CRE and offering it on an easy-to-use online platform.

Riaz Maniyar, Co-founder, YieldAsset, said “Investment in rental yielding commercial real estate has generated great wealth to investors. However, it has been available only to those with the right connections and deep pockets. This asset class and its benefits have been out of reach for most of the people. Fractional ownership is the future of the real estate market as it addresses an important issue with commercial property – a high entry barrier of large capital investment. It also enables investors to earn monthly rent from fractional ownership of these assets and build long term wealth as property price increases. We are democratizing investment in commercial real estate that has been a purview of ultra-HNIs and institutions. We follow a rigorous vetting process before onboarding any property.”

As per a recent report by Knight Frank, private equity investment in real estate jumped over 16-fold in January-March 2021 to $3.24 billion, which was largely institutional. The investment stood at a mere $199 million in Q1 of the 2020 calendar year.

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