The project Pégase by Koregraf

Review of the project Pégase by Koregraf

Review's score :

Score details

To assign the grades A and E, we use a Bonus/Malus system.
⚠️ Some criteria may be missing in the detailed list below.
⚠️ The scoring model is not suitable for all types of projects.
The total points for this project is 9

Criteria	Points
mortgage coverage	∅
optimistic scenario margin	∅
pre-commercialization	🟩🟩
track record	🟩🟩
location	🟩
in the vicinity	∅
yield	🟩
LTA	∅
LTS	🟩
operator commitment	🟩
sales price	∅
permanent loss	🟩
late projects	∅
price trend	∅
urban planning risk	∅
debt to equity	∅
debt to asset	∅

This review is proposed by Jordan R on 30/03/2024

⏰ The project starts on 04/04/2024 10h00
💰 The estimated rate of return is 11% per year.
⏱ The duration of the project is 15m
💼 Minimum amount to invest is ?

🤖 Review's summary

Analysis of Project Pégase by Koregraf

Analysis of Project Pégase by Koregraf Reviewed by Jordan R

Project Overview

The project is scheduled to take place on April 4, 2024, at 10:00:00.

Global Assessment: The project has low operator commitment (9%) and a low margin (9%).

Project Details

Project Type: Real estate development

Funding Needed: €950,000

Repayment: Capital at the end, interest: none provided

The project involves acquiring a 15,440 m² plot in Lannion (22), which will be divided into two plots: 3,913 m² (Lot A) and 11,527 m² (Lot B) for a tertiary real estate program in two phases:

Construction of an artisanal activities center with 15 cells in a 5,207 m² building and a photovoltaic park. The 15 cells are sold in bulk to a single investor.
Construction of an office building to optimize the land load of the program.

Positive Aspects

High yield of 11%
Location in a city with over 50k inhabitants
Realistic estimated exit price
Historical success of project holders
Low overvaluation risk
Geopolitical situation is stable

Concerns

Low operator engagement (9%)
Low margin in optimistic and pessimistic scenarios
Construction is yet to begin
Elevated difficulty of works
High Loan to Acquisition ratio

Conclusion

Overall, Project Pégase by Koregraf presents some challenges, especially in terms of operator engagement and margin scenarios. However, the positive aspects like the high yield, realistic exit price, and stable geopolitical situation are promising. With a successful track record of project holders and low overvaluation risks, there is potential for this project to thrive. Let's stay optimistic and look forward to the successful completion of Project Pégase!

Historial rates of return Koregraf

Investor votes results for the project: Pégase

39 voters
👎54% 👍5% 🤷5% 🏳️36%
To vote :

Jordan R
Jordan, 35 years old, electronics engineer by training. I currently live from my passions as a ski instructor and canyon guide. Investor in the stock market (stock/ETF), physical real estate and more recently in real estate crowdfunding since 2020. I mainly invest on the platforms: ClubFunding, Lapremierbrique and Upstone. My crowdfunding portfolio is over 100k