WeWork investment opportunity
India
WeWork India is the leading space-as-a-service platform offering flexible workspace solutions, headquartered in Bengaluru.
Issue Size
5 Cr
IRR
11.21%
Tenure
49 months
Repayment
Monthly
Investment Description
Invest in the success story of India's biggest co-working company: WeWork India. WeWork requires fitouts and furniture whenever they open up a new WeWork center. Through this opportunity, you can buy and rent out the fitouts to WeWork India for a tenure of 49 months.
WeWork India will pay a monthly rental till the end of the tenure which will be distributed to the investors. Ownership of the furniture will be given to WeWork India once the tenure is over.
About WeWork
- Led by Karan Virwani (CEO) since 2017. Has expanded WeWork’s portfolio to more than 70,000 seats.
- WeWork Global entered India through a joint venture with Embassy Group in July 2017.
- Backed By Embassy Group India's largest integrated real estate developer for the last 3 decades.
- Real Estate Portfolio of 5.5 Mn Sq. ft. across 6 Major cities.
- Occupancy Rate of 80% across all assets.
Company Portfolio
Properties
45
Present in
6 cities
Desks
75,000
Members
60,000
Companies
2,500+
Occupancy
> 80%
Capacity
5.5 Million+ sq. ft.
Why you should invest
Strong Financials
Raised $100Mn from WeWork Global in 2021. Raised an additional round of $67Mn in December 2022, from leading private equity firm Baring Private Equity.
Revenue Growth
Revenue generated in FY23 is ₹1,353 crore, 70% increase from FY22.
Rising Demand
Large enterprises occupy over 65% of the spaces and the remaining 35% comprises startups and SME.
Profitability
Generating profit to expand business and sustain the growth. Estimated profit (EBITDA) of 247Cr in FY23.
Strong margins
WeWork India's run-rate monthly EBITDA stands at 20%.
Company Financials
WeWork India has shown strong financial performance in F.Y. 23. They have shown a growth of 70% in revenue from F.Y. 22.
Revenue
F.Y. 23
Profit (EBITDA)
F.Y. 23
Financial Model
Total Investment | Year 1 | Year 2 | Year 3 | Year 4 | Total Earnings |
- ₹2,50,000 | ₹82,112 | ₹78,999 | ₹85,588 | ₹57,969 | ₹3,04,668 |
- ₹5,00,000 | ₹1,64,223 | ₹1,57,999 | ₹1,71,176 | ₹1,15,938 | ₹6,09,336 |
- ₹10,00,000 | ₹3,28,447 | ₹3,15,998 | ₹3,42,351 | ₹2,31,876 | ₹12,18,671 |
- ₹15,00,000 | ₹4,92,670 | ₹4,73,997 | ₹5,13,527 | ₹3,47,814 | ₹18,28,007 |
Downloadable Resources
WeWork India's Investors
WeWork Global entity
$22 Bn private equity firm
India's first REIT of $4 Bn
In the Media
Compared to other alternatives
Higher returns than FD
Fixed and monthly passive income
Lower risk than other opportunities
Frequently Asked Questions
When would I start receiving the rental returns?
You would receive your first rental payment one month after the opportunity is funded.
What is the proof of my investment?
We will provide a fully executed LLP partnership agreement to all the investors.
Who manages the Investor LLP?
PropReturns would be designated partner for the LLP. PropReturns will be managing the day-to-day operations during the entire tenure of the investment.
Would PropReturns provide help in requisite ITR filing of the LLP?
We would file the ITR 5 for the LLP and share the copy of the same to all the investors.
