Vouziers – Commercial Units

12.5% Fixed APR*

1. Project Overview

The operation involves the acquisition of two adjoining buildings located in Vouziers (08400), in the Ardennes region of France, a town of approximately 3,900 inhabitants that serves as the administrative center of the local area. Vouziers hosts several key public institutions including the hospital, CPAM, La Poste, Pôle Emploi, and the public finance office, making it an important service hub for the surrounding municipalities.

One of the buildings is occupied by La Poste and La Banque Postale, located in a historic “Hôtel des Postes et Télégraphes” building in the city center.

• Surface occupied: 779 m²
• Annual rent: €45,000 (excluding taxes and charges)
• Lease: renewed in December 2025 for 9 years

Additionally, €160,000 of modernization works were carried out by La Poste in November 2024, reinforcing the long-term stability of the asset.

The entire property represents approximately 1,300 m², with the remaining space currently vacant.

2. Key Facts and Financial Terms

• Fundraising Target:
  Up to €364,250 ($419,000) invested in an SPV

  • Owned at 51% by Lend
  • In partnership with a property trader
  • Lend holds preferential and decision-making rights

• Location: Vouziers, France

• Asset:
  Fixed income bond investment offering a contractual annual yield of 12.5%

  • Return depends on bond execution (not asset performance)

• APR:
  12.5% fixed annual return
  Duration: 12 to 24 months

• Underlying Property Value: ≈ €500,000 ($575,000)

• Payout Frequency: Weekly

• Operation Funding Date: 04/01/2026

• First Income Distribution:
  1 week after fundraising

• Instrument: Tokenized bonds (security tokens)

3. Deal Structure

The operation follows a buy-and-resell strategy without renovation, with both buildings acquired for a total purchase price of €280,000 (excluding fees).

The strategy is to sell the two assets separately to maximize value.

Valuation Breakdown

• La Poste building:

  • Annual rent: €45,000
  • Estimated value: €450,000 – €500,000
  • Based on yield: 9% – 10%

• Second building:

  • Vacant value: ~€150,000
  • Value if leased: €200,000 – €250,000

Investor Structure

Within this structure, Lend offers:

• 12.5% fixed annual yield
• 12 to 24 months duration
• Bond-based financing structure

Key points:

• Returns are contractual and independent from final deal profitability
• The €45,000 annual rent from La Poste provides a stable revenue base
• This revenue largely covers interest payments during the operation