BricklayerDAO will acquire both traditional and tokenised real estate. Once acquired, traditional real estate value will be brought on-chain using systems like ChainLink oracles, but will be managed traditionally. The fund will also target tokenised real estate where feasible, given its potential future integration into the Bricklayer ecosystem. Any tokenised real estate simplifies the technical requirements leading to value calculation into $BRCK.
Bricklayer will target purchasing value-add real estate introduced by our members or Bricklayer Ventures FZCO. This includes commercial real estate with a focus on the industrial sector and blue-chip occupiers on long leases or all BMV (Below Market Value) assets that can instantly increase $BRCK price upon acquisition and subsequent valuation.
Initial acquisitions include industrial warehouses in Dubai, UAE, tenanted by high-credit tenants (i.e. US Fortune 50) on institutional 10–20 year lease terms. This strategy underpins $BRCK value while supporting the Quarry and holder dividends from strong rental yields. Our founder’s experience in the industrial warehouse sector and direct occupier relationships provide valuable market intelligence.
Bricklayer begins by releasing confidential requirement circulars to external brokers and members, specifying the desired asset attributes and acquisition timelines. Once opportunities are submitted, the team conducts site selection by analyzsing market conditions, demographic data, and economic trends. This helps shortlist locations with high potential for value through leasing, operational improvements, or market repositioning.
Bricklayer utilises its network and Real Estate Assistant (R.E.A.) tool for data-driven site selection, assigning a project score to potential acquisitions. After identifying suitable opportunities, the team instructs brokers to act on behalf of Bricklayer and resolve any conflicts of interest. If a conflict arises, Bricklayer will either select an internal broker or opt for Real Estate Transactions exclusivity.
Once representation is confirmed, Bricklayer requests proposals (RFP) to perform initial due diligence. This involves validating ownership, property documentation, and assessing project viability. A financial analysis is then conducted to determine an appropriate offer price based on the Net Operating Income (NOI), cap rate and potential return post-improvements.
Bricklayer conducts a physical inspection of the property to assess its condition and position within the local market. Following this, a detailed valuation model is built using data from due diligence, identifying the uplift potential through renovations, lease adjustments, or other improvements. The uplift strategy is then presented to the real estate team for approval, outlining the expected return and project timeline.