© 2024 Black Man­ta Cap­i­tal Part­ners S.à r.l.

Blo­cHome Token

Effort­less­ly invest in high-stan­dard top-locat­ed Lux­em­bour­gish Real Estate with as lit­tle as €1,000

Start­ing with as lit­tle as €1,000, investors can eas­i­ly buy, man­age, and sell their stakes in high-qual­i­ty Lux­em­bour­gish Real Estate. This inno­v­a­tive approach democ­ra­tizes access to the real estate mar­ket, mak­ing it acces­si­ble to every­one. Already 350 active investors have com­mit­ted over €3,000,000 to the project.

Blo­cHome offers an inno­v­a­tive approach to real estate invest­ment through the tok­eniza­tion of prop­er­ty own­er­ship. The project allows investors to pur­chase frac­tion­al shares of high-qual­i­ty real estate assets, start­ing with as lit­tle as €1,000. Each invest­ment is rep­re­sent­ed by Blo­cHome Tokens (BHT), ERC20 tokens issued on the ‘Poly­gon’ net­work, ensur­ing secure and trans­par­ent transactions.

 

The cap­i­tal raised is uti­lized to acquire and devel­op a diver­si­fied port­fo­lio of prop­er­ties, man­age oper­a­tional expens­es, and repay finan­cial indebt­ed­ness occur­ing at acqui­si­tion of the build­ings. The invest­ment strat­e­gy focus­es on grad­ual accu­mu­la­tion of real estate hold­ings, pro­vid­ing investors with the ben­e­fits of prop­er­ty appre­ci­a­tion and rental income through div­i­dend dis­tri­b­u­tion. Blo­cHome­’s com­mu­ni­ty-cen­tric approach encour­ages par­tic­i­pa­tion and shared own­er­ship, fos­ter­ing a sup­port­ive invest­ment environment.

 

With bian­nu­al inde­pen­dent val­u­a­tions and a com­mit­ment to trans­paren­cy and reg­u­la­to­ry com­pli­ance, Blo­cHome democ­ra­tizes access to real estate invest­ment, mak­ing it acces­si­ble, flex­i­ble, and secure for a broad audience.

HIGHLIGHTS

Triple A invest­ment Loca­tion — Build­ing is locat­ed in the Lux­em­bourg City, con­struc­tion has been fin­ished and is ful­ly rent­ed out.
Diverse Team with exten­sive back­grounds in Real Estate Devel­op­ment, Fund Man­age­ment, Tax­a­tion and Bank­ing — Proven track record of suc­cess­ful real estate devel­op­ments over mul­ti­ple decades.
Social Proof: Over 350 active Investors have com­mit­ted to over 3 Mil­lion EUR in Invest­ment Amount, while com­mer­cial­iz­ing the prod­uct only in Luxembourg.
Care­ful selec­tion of Under­ly­ing Asset: attrac­tive loca­tion, below the mar­ket price, ver­i­fied high-qual­i­ty construction.

PROJECT STRATEGY

The Blo­cHome Secu­ri­ty Token Offer­ing was first launched in Decem­ber of 2021. The goal was to acquire Primus Sàrl which holds the Under­ly­ing Real Estate Asset — the Clap­ton Res­i­dence in Ces­sange val­ued at EUR 7,990,000 in Decem­ber 2021. Since then, Blo­cHome SV SA has raised over 3 Mil­lion EUR and has acquired the Under­ly­ing Asset.

 

By adher­ing to its strat­e­gy, Blo­cHome aims to pro­vide a secure, flex­i­ble, and prof­itable invest­ment plat­form that makes real estate own­er­ship acces­si­ble to every­one, regard­less of their finan­cial background.

 

Frac­tion­al Ownership:

Blo­cHome allows users to invest small amounts of mon­ey to pur­chase frac­tions of prop­er­ties. This frac­tion­al own­er­ship mod­el low­ers the bar­ri­er to entry, mak­ing real estate invest­ment acces­si­ble to a broad­er audience.
Invest­ments are rep­re­sent­ed by Blo­cHome Tokens (BHT), which are ERC20 tokens legal­ly sig­ni­fy­ing shares in the prop­er­ties owned by BlocHome.

 

Diver­si­fied Portfolio:

Blo­cHome focus­es on build­ing a diver­si­fied port­fo­lio of high-qual­i­ty prop­er­ties. The cur­rent port­fo­lio includes a res­i­den­tial build­ing- Clap­ton Res­i­dence in Lux­em­bourg-Ces­sange. Fur­ther build­ings might be added depend­ing on attrac­tive mar­ket con­di­tions, a new build­ing is only added after a favor­able share­hold­er vote.

 

Grad­ual Investment:

Investors can start with as lit­tle as €50 per month through sub­scrip­tion packs, grad­u­al­ly increas­ing their hold­ings. This mod­el is designed to accom­mo­date investors who pre­fer spread­ing their invest­ment over time rather than a lump sum.

 

Com­mu­ni­ty and Flexibility:

Blo­cHome fos­ters a com­mu­ni­ty of investors who can par­tic­i­pate in deci­sion-mak­ing process­es and ben­e­fit from shared own­er­ship. The Offer is designed to be flex­i­ble, allow­ing investors to buy, sell, and man­age their hold­ings eas­i­ly through a token dashboard.

 

Val­ue Growth and Income:

Investors ben­e­fit from both prop­er­ty appre­ci­a­tion and rental income. The port­fo­lio is val­ued bian­nu­al­ly by inde­pen­dent third-par­ty experts, ensur­ing trans­par­ent and up-to-date assess­ments of the investment’s value.

USE OF FUNDS

The raised funds will be used to fill up the remain­ing equi­ty and repay the debt that was tak­en to acquire the Real Estate Asset — the Clap­ton Res­i­dence, which will allow Blo­cHome SV SA to decrease its finan­cial lia­bil­i­ties and increase the ROI for investors by dimin­ish­ing the time to dis­trib­ute div­i­dends. The year­ly expens­es relat­ed to the build­ing man­age­ment will be dis­tract­ed from the rental income to deter­mine the amount of div­i­dends to be distributed.

 

The pro­ceeds from the issuance of the secu­ri­ties will also be uti­lized in sev­er­al key areas. First, a por­tion of the funds will be allo­cat­ed to cre­ate a reserve for rea­son­ably expect­ed fees and expens­es. This ensures that the issuer is pre­pared for any antic­i­pat­ed costs. Sec­ond, the cap­i­tal will be invest­ed direct­ly or indi­rect­ly into the under­ly­ing real estate assets. This invest­ment includes the acqui­si­tion and devel­op­ment of high-qual­i­ty prop­er­ties to be includ­ed in BlocHome’s port­fo­lio. Final­ly, part of the funds will be used to repay any out­stand­ing amounts under the finan­cial indebt­ed­ness, there­by ensur­ing the finan­cial sta­bil­i­ty and oper­a­tional effi­cien­cy of the issuer.

COMPANY OVERVIEW

Blo­cHome aims to democ­ra­tize real estate invest­ment by offer­ing a plat­form where users can pur­chase frac­tion­al own­er­ship in high-qual­i­ty prop­er­ties. The plat­form facil­i­tates invest­ments start­ing at €1,000, allow­ing investors to own parts of prop­er­ties and ben­e­fit from rental income and prop­er­ty appre­ci­a­tion. Blo­cHome uses a tok­enized mod­el where Blo­cHome Tokens (BHT), ERC20 tokens, rep­re­sent shares in the real estate portfolio.

 

BlocHome’s team has exten­sive knowl­edge of the Lux­em­bourg real estate invest­ment mar­ket. The board con­sists of expe­ri­enced real estate devel­op­ers with an excel­lent rep­u­ta­tion in the Lux­em­bourg real estate mar­ket, a sea­soned invest­ment fund man­ag­er with more than 20 years of expe­ri­ence and a BDO part­ner spe­cial­iz­ing in tax mat­ters. The pres­i­dent of Blo­cHome SV is a for­mer board mem­ber of BGL with more than 30 years of expe­ri­ence in the bank­ing sector.

 

Blo­chome SV SA, a pub­lic lim­it­ed lia­bil­i­ty com­pa­ny (société anonyme) with its head­quar­ters in Lux­em­bourg, Grand Duchy of Lux­em­bourg, oper­at­ing under the laws of the Grand Duchy of Lux­em­bourg, reg­is­tered with the Lux­em­bourg Trade and Com­pa­nies Reg­is­ter under num­ber B256112 and with its LEI num­ber: 9845002E753E6869KB20.

 

Web­site: www.blochome.com

MANAGEMENT TEAM

Marc Lenert

Direc­tor of the Board

Marc Lenert was a mem­ber of the Exec­u­tive Man­age­ment Board of a lead­ing Lux­em­bourg bank for more than 15 years. Fur­ther­more he served as a mem­ber of the Board of Direc­tors with major play­ers in the finan­cial sec­tor in Lux­em­bourg. Through­out his long career in finance, he has gath­ered exten­sive expe­ri­ences in mul­ti­ple bank­ing depart­ments. These expe­ri­ences have shaped his deci­sion-mak­ing which allowed him to be a top lev­el exec­u­tive in the bank­ing field.

Marc Hahn

Board Mem­ber

Marc Hahn has over 30 years of expe­ri­ence in the con­struc­tion and real etate sec­tor. He is a learned sta­t­ic engi­neer, cru­cial exper­tise which has estab­lished him as an expert in build­ings and construction.

Danielle Dall’Armellina

Board Mem­ber

Danielle Dall’Armellina has over 25 years of expe­ri­ence in the tax­a­tion field. She has gath­ered inten­sive expe­ri­ence for 22 years at Deloitte. Her areas of exper­tise were direct tax advi­so­ry ser­vices, direct tax com­pli­ance work and per­form­ing tax audits to bank­ing groups and oth­er pro­fes­sion­als from the finan­cial sec­tor. There­after she joined BDO to become a direc­tor of the tax com­pli­ance group in which they were pro­vid­ing tax com­pli­ance ser­vices such as tax returns, tax due dili­gence, tax pro­vi­sions cal­cu­la­tion, with­hold­ing tax returns for all kind of nation­al and inter­na­tion­al clients.

Claude Muller

Board Mem­ber

Claude Muller has over 25 years of expe­ri­ence in the real estate sec­tor. He is the head of Group Immo­bili­er Lux­em­bour­geois, which he nav­i­gat­ed suc­cess­ful­ly over the past decades to become a large actor in the Lux­em­bour­gish real estate sector.

Hugo Vau­ti­er

Board Mem­ber

Hugo Vau­ti­er worked in the bank­ing sec­tor. where he became Senior Cor­po­rate Team Leader with­in the Wealth Man­age­ment depart­ment of a Top-Tier pri­vate bank in Lux­em­bourg. In 2012, Hugo joined the Lux­em­bourg office of a Flem­ish finan­cial group. He was then appoint­ed as con­duct­ing offi­cer in charge of Finance and Oper­a­tions, duly autho­rized by the CSSF, for the group’s Wealth Man­age­ment enti­ty reg­is­tered as a PSF in Lux­em­bourg. He is in charge of man­ag­ing the Cen­tral Admin­is­tra­tion and Trans­fer Agency teams and dri­ving the growth of the Fund Admin­is­tra­tion depart­ment. Hugo also serves as exec­u­tive and non-exec­u­tive direc­tor with­in the board of Lux­em­bourg-based Gen­er­al Part­ners, as well as com­mer­cial, secu­ri­ti­sa­tion and hold­ing companies.

UNDERLYING ASSET

The Issuer will use the pro­ceeds of the issuance of Shares to acquire up to 100% of the shares in the share cap­i­tal of the com­pa­ny Primus Lux­em­bourg S.à r.l., which is the own­er of the under­ly­ing asset, the Clap­ton Res­i­dence.

 

The Clap­ton Res­i­dence con­sists of the build­ing Clap­ton in the com­mune of Lux­em­bourg with the address 73, Ces­sange street, L‑1320 Lux­em­bourg. It is com­posed of eight apartments.

 

• Per­cent­age of Leased or Sold Units: >90% with­in first six months

• Vacan­cy Rate: <5%

 

The Loca­tion:

Lux­em­bourg-Ces­sange is a diverse and mul­ti­cul­tur­al res­i­den­tial neigh­bor­hood offer­ing numer­ous ameni­ties, includ­ing leisure facil­i­ties, schools, shops, and green spaces. Locat­ed just five min­utes from Lux­em­bourg City cen­ter, it bor­ders the pop­u­lar dis­tricts of Gasperich, Cloche d’Or, Merl, and Hol­lerich, and pro­vides easy access to major free­ways to Bel­gium, France, and Germany.

The area boasts major high­way con­ve­nience, 23 bus stops, a vel’OH! sta­tion, two car parks, and 13 spaces for peo­ple with reduced mobil­i­ty. Leisure options include Ces­sange park, eight play­grounds, soc­cer and beach vol­ley­ball fields, a cul­tur­al cen­ter, the Boy Konen Sta­di­um and Bike Park, a sports hall, and two fit­ness centers.

Ces­sange also offers sev­er­al schools and edu­ca­tion­al insti­tu­tions and is one of the city’s fastest-grow­ing res­i­den­tial areas. The near­by Pétrusse val­ley is a pop­u­lar spot for fam­i­ly walks and train­ing for run­ners and cyclists.

 

Lux­em­bourg Res­i­den­tial Mar­ket Overview:

The res­i­den­tial mar­ket in Lux­em­bourg is dynam­ic and grow­ing, with the country’s attrac­tive­ness and pro­ject­ed pop­u­la­tion growth expect­ed to out­per­form most oth­er Euro­pean coun­tries. Sin­gle-fam­i­ly homes are being replaced by mul­ti­fam­i­ly prop­er­ties due to a lack of build­able land, mak­ing apart­ments the most sought-after asset.

In Lux­em­bourg, 69% of house­holds own their homes, with own­er­ship rates increas­ing steadi­ly from age 30 onwards. Sale prices, par­tic­u­lar­ly in the cap­i­tal, are ris­ing rapidly.

Rents are also ris­ing due to high demand and the lim­it­ed sup­ply of rental prop­er­ties with desir­able char­ac­ter­is­tics such as the under­ly­ing asset quality.

FINANCIAL OVERVIEW

• Build­ing val­ue increase per year: 4%

• Rent increase per unit per year: 2.25%

 

EY Lux­em­bourg val­ued the build­ing at EUR 8,450,000 in 2022. By 2043, the Clap­ton res­i­dence is expect­ed to reach EUR 17,802,876. Giv­en the high demand and lim­it­ed sup­ply in the Lux­em­bour­gish hous­ing mar­ket, a high­er val­ue increase is pos­si­ble. The pop­u­la­tion is pro­ject­ed to grow from 650,000 to 1,000,000 by 2050, main­tain­ing pres­sure on the hous­ing market.

 

The annu­al increase in rental rev­enue and decrease in finan­cial lia­bil­i­ties will con­sis­tent­ly boost the oper­at­ing result, rais­ing poten­tial div­i­dend dis­tri­b­u­tions to EUR 340,000 for the max­i­mum cir­cu­lat­ing sup­ply of 7,990,000 shares. The ROI is expect­ed to rise from 2.67% in 2024 to 11.79% in 2043.

 

The share val­ue is antic­i­pat­ed to increase by 110.6% by 2043 in a con­ser­v­a­tive sce­nario, exclud­ing div­i­dend distributions.

INVESTMENT TERMS

Blo­cHome Tokens (BHT) are ERC20 tokens issued on the Poly­gon net­work. These tokens rep­re­sent shares in the real estate port­fo­lio and are reg­is­tered in the issuer’s pri­ma­ry reg­is­ter in Lux­em­bourg. Trans­fers of tokens with­in the Dig­i­tal Ledger Tech­nol­o­gy (DLT) trig­ger the trans­fer of the under­ly­ing secu­ri­ty rep­re­sent­ed by the tokens. How­ev­er, these trans­fers are not valid and enforce­able until they are reg­is­tered in the shares reg­is­ter of the issuer.

 

The secu­ri­ties are issued under Lux­em­bourg law and are sub­ject to the Secu­ri­ti­sa­tion Law of 22 March 2004. The offer­ing is exempt from the oblig­a­tion to pro­duce a prospec­tus under the Lux­em­bourg law of 16 July 2019, pro­vid­ed the aggre­gate prin­ci­pal amount of secu­ri­ties does not exceed EUR 8,000,000 cal­cu­lat­ed over 12 months.

 

The term of the invest­ment is linked to the under­ly­ing real estate assets and the oper­a­tional lifes­pan of Blo­cHome SV SA. The secu­ri­ties are not con­vert­ible to any oth­er finan­cial instru­ments but may be repur­chased or redeemed under spe­cif­ic con­di­tions as per Lux­em­bourg law. The secu­ri­ties do not have a fixed matu­ri­ty date. Redemp­tion or repur­chase of secu­ri­ties may occur under the terms and con­di­tions set forth by the issuer, typ­i­cal­ly involv­ing con­di­tions where the issuer’s net assets are not reduced below the sub­scribed cap­i­tal and legal­ly required reserves.

 

The val­ue of the invest­ment is expect­ed to grow over time through the appre­ci­a­tion of the under­ly­ing real estate assets and rental income. The port­fo­lio is val­ued bian­nu­al­ly by inde­pen­dent third-par­ty experts.

How to acquire Blo­cHome Token

Step 1: Reg­is­tra­tion and qual­i­fi­ca­tion as an accred­it­ed investor

Investors who wish to invest in Blo­cHome Token must reg­is­ter on the invest­ment plat­form oper­at­ed by Blo­cHome SV SA. After suc­cess­ful reg­is­tra­tion and login, you will have access to the com­plete invest­ment documentation.

 

Step 2: Know Your Cus­tomer (KYC) and Anti-Mon­ey Laun­der­ing (AML) Compliance

All prospec­tive investors must pro­vide BMCP GmbH & Blo­cHome SV SA with KYC infor­ma­tion in order for the issuer to per­form the required KYC and AML analy­ses and to oth­er­wise con­firm that the investor meets oth­er suit­abil­i­ty require­ments that the issuer may require from time to time. Blo­cHome SV SA and BMCP GmbH reserves the right to reject any invest­ment at its sole discretion.

 

Step 3: Sub­scrip­tion process

After com­plet­ing Step 2, you can select and con­firm the invest­ment amount, your pre­ferred pay­ment method and pay­ment cur­ren­cy (EUR).

 

Step 4: Pur­chase of Blo­cHome Token

Send EUR to the Issuer Blo­cHome SV SA.

 

Step 5: Receiv­ing Blo­cHome Token

The tokens will be trans­ferred to the investor with­in sev­en days after receiv­ing the payment.

Blo­cHome Token

Tar­get Fund Raise

EUR 4,000,000

For Retail Investors from

Luxembourg

For Pro­fes­sion­al Investors from

Europe

Issuer Blo­cHome SV SA
Juris­dic­tion Lux­em­bourg
ISIN LU2613806764
Instru­ment Type Equi­ty shares
Total Invest­ment Volume €4,000,000
Min. Invest­ment Amount €1,000
Max. Invest­ment Amount €2,000,000
Denom­i­na­tion €1.00
ROI 3–10% p.a.
Cap Rate >6%
Gross Yield 3–5% p.a.
Net oper­at­ing Income >5% year-over-year increase
Start of Offering 23 July 2024
End of Offering 31 Decem­ber 2024
Term no fixed hold­ing period
Matu­ri­ty see “Invest­ment Terms”
Accept­ed Currencies EUR
Sec­ondary Trading Yes
For gen­er­al ques­tions about Secu­ri­ty Token Offer­ings please read our FAQs or Con­tact us.
Investor Doc­u­men­ta­tion

More infor­ma­tion about the issuer, as well as the legal doc­u­men­ta­tion you will receive after reg­is­tra­tion. We are avail­able for ques­tions at any time – contact@blackmanta.capital

Inter­est­ed investors must reg­is­ter and qual­i­fy as pro­fes­sion­al client accord­ing to Annex II of DIRECTIVE 2014/65/EU. A pro­fes­sion­al client is a client who pos­sess­es the expe­ri­ence, knowl­edge and exper­tise to make its own invest­ment deci­sions and prop­er­ly assess the risks that it incurs.

Poten­tial investors must suc­cess­ful­ly com­plete an investor iden­ti­fi­ca­tion process in accor­dance with anti-mon­ey laun­der­ing rules in order to invest. Only iden­ti­fied and ver­i­fied investors can par­tic­i­pate in the offer­ing and pur­chase tokens. There is no pref­er­en­tial sub­scrip­tion right for investors. There is no enti­tle­ment to allo­ca­tion of the tokens. Acquired tokens will be cred­it­ed to the investors’ per­son­al wal­let and simul­ta­ne­ous­ly record­ed in the issuer’s register.

Legal Infor­ma­tion

The infor­ma­tion in this Offer­ing is intend­ed sole­ly for investors who are not locat­ed or res­i­dent in cer­tain oth­er restrict­ed juris­dic­tions and who are not oth­er­wise per­mit­ted to receive such information.

The infor­ma­tion in this Offer­ing does not con­sti­tute an offer or solic­i­ta­tion to pur­chase any secu­ri­ties in the Unit­ed States, Aus­tralia, Cana­da, Japan, South Africa, the Repub­lic of Chi­na or in any oth­er juris­dic­tion in which such offer or solic­i­ta­tion is not autho­rized or to any per­son to whom it is unlaw­ful to make such offer or solicitation.

Users of this infor­ma­tion are request­ed to inform them­selves about and to observe any such restric­tions. Secu­ri­ties may not be offered or sold in the Unit­ed States absent reg­is­tra­tion or an exemp­tion from reg­is­tra­tion under the Unit­ed States Secu­ri­ties Act of 1933, as amended.

An invest­ment involves con­sid­er­able risks and can lead to the com­plete loss of the assets invest­ed. In the inter­ests of risk diver­si­fi­ca­tion, only those amounts of mon­ey should be invest­ed that are not required or expect­ed to be returned in the near future. How­ev­er, the risk is lim­it­ed to the invest­ment sum made and there is there­fore no oblig­a­tion to make addi­tion­al contributions.

The Issuer is sole­ly respon­si­ble for all con­tents and infor­ma­tion pro­vid­ed regard­ing the offer­ing. BMCP GmbH acts as a pure inter­me­di­ary and assumes no lia­bil­i­ty for the accu­ra­cy of the pro­vid­ed content.

For its dis­tri­b­u­tion ser­vices BMCP receives ongo­ing suc­cess fees of 5% for placements.

DISCLAIMER

 

MARKETING NOTICE PURSUANT TO § BT 3.1.1 MACOMP

THE FOLLOWING IS A MARKETING COMMUNICATION AND NOT AN INVESTMENT RECOMMENDATION. THIS ADVERTISING COMMUNICATION IS THEREFORE NOT A SUBSTITUTE FOR INVESTMENT ADVICE AND DOES NOT TAKE INTO ACCOUNT THE LEGAL PROVISIONS PROMOTING THE INDEPENDENCE OF FINANCIAL ANALYSES, NOR IS IT SUBJECT TO THE PROHIBITION ON TRADING FOLLOWING THE DISSEMINATION OF FINANCIAL ANALYSES.

THIS SITE DOES NOT CONSTITUTE AN OFFER OF SECURITIES OR A SOLICITATION OF AN OFFER TO PURCHASE SECURITIES TO ANY PERSON IN ANY JURISDICTION IN WHICH SUCH OFFER OR SOLICITATION IS UNLAWFUL. THE DISTRIBUTION OF THIS OFFER MAY BE RESTRICTED BY LAW IN CERTAIN JURISDICTIONS. FAILURE TO COMPLY WITH SUCH RESTRICTIONS MAY CONSTITUTE A VIOLATION OF THE SECURITIES LAWS OF SUCH JURISDICTION.

THE OFFER IS ONLY AVAILABLE TO INVESTORS FROM EUROPE WHO HAVE EXPRESSED AN INTEREST IN INVESTING IN THE OFFERING.

THE INVESTMENT INTO THE SECURITIES BEARS A RISK OF TOTAL LOSS OF THE INVESTED CAPITAL. IN SUCH A CASE THE INVESTOR WILL NOT RECEIVE HIS INVESTED CAPITAL BACK; INTEREST; OR ANY OTHER REMEDIES.