Investing in SME units has many advantages. First of all, there is no shortage of potential tenants. The number of starting companies increases every year and they are often looking for a quality and sustainable business location. Small warehouse areas can be more cost-effective than larger warehouses, while still providing plenty of space for storage and operations. In addition, many established companies do not want real estate on their balance sheets, which makes for an even larger group of prospective tenants.
In addition, there are further financial benefits for investors in SME units. This is because this type of investment can result in higher value growth than traditional real estate. This is because high-quality SME units are increasingly popular with entrepreneurs and investors. In addition, this type of property also offers flexibility and modularity, which means that it is easy to adapt the space to the needs of tenants. This can be important, for example, if a tenant is growing and needs more space. In addition, the property tax and costs are borne by the tenant, so the investor does not have to bear these costs. This can be a major financial advantage in the long term.
Guillaume, responsible for the South-West Flanders region as a Companion at March, was commissioned by Renvo to find tenants for 2 newly purchased warehouse units at the De Stip site in Harelbeke. The warehouses, which measure 185 m² and 242 m² respectively, were developed by Brocap, a developer specialized in SME unit developments. Renvo purchased the units as an investment, after which they had to be placed for rent.
“Thanks to March's rapid rental, these SME units are a hassle-free, attractive investment for us.” - Nicola Stampaert, CEO Renvo
Using March's innovative approach to commercial real estate, Guillaume was able to efficiently and proactively find the right tenants for the warehouses. By combining big data with his own expertise, he was able to quickly identify potential tenants. For example, Unisol and Textras, 2 companies that were urgently looking for warehouse space in the Kortrijk region, were able to quickly rent the SME units. Through these rentals, March was able to guarantee the return of both units for Renvo.