Case Facts:

Asset Description: Commercial Office, A+ Grade development, 200, 000 sqft carpet area, 3 basements, Ample tenant and visitor parking. Plot area: 0.5 acres Asset Location: Central business district. 2 side open plot. Great commercial neighborhood. Accessible to train and bus stations, Limited availability of land in the micromarket Current tenants: 10

1. Assume you are the developer of the said property. You as a developer want to lease the entire space out to one organization. How would you go about marketing it to your target customers? Clearly state assumptions and then ideate what all contents would you like to capture in your IM deck?

2. Assuming you want to convert this space into a coworking space, how would your pitch be for Small Businesses

3. What attributes of the pitch would be different if the target segment is individuals looking to work in a coworking space

4. If you were to do a valuation exercise for the property as a developer intending to buy this property, what would be the estimated value. Consider current vacancy at 15%, estimated stabilized vacancy as 5%, Average current passing rental INR 125 per sqft per month, Market rental of similar building INR 130 per sqft per month. Property Tax: INR 400,000 per anum, Insurance premium: 500,000 per annum, Capitalization rate 7%. Kindly state any other assumptions clearly. (If any)