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reAlpha Asset Management Inc. Secures a $100 Million Capital Commitment for Post IPO Financing of GEM Global Yield LLC SCS

DUBLIN, Ohio–(BUSINESS WIRE). Global Yield LLC SCS (“GGY”), a Luxembourg-based private alternative investment group, for a $100 million capital commitment.

Under the terms of the agreement, GGY agrees to provide reAlpha with a share subscription opportunity of up to US$100 million for a period of 36 months following the public listing of reAlpha shares. reAlpha retains control over the timing and, within certain limits, the maximum amount of each individual drawdown under this facility and has no minimum drawdown requirement.

Subject to listing, the proceeds from this financing will be used to accelerate reAlpha’s investments in experiential and ready-to-rent vacation homes and for general corporate purposes.

“This agreement with GGY reflects their belief in our business, the strength of the asset class we target and the tremendous opportunity presented by the democratization of the short-term rental economy,” said Giri Devanur, CEO of reAlpha. “This capital security with our public listing puts us in a better position to advance the company’s strategic priorities as we continue to become a global leader in vacation rentals.”

The agreement with GEM represents another strategic step reAlpha has taken to position the company for long-term growth following the completion of the planned IPO. In the last two months, reAlpha agreed on a $200 million joint venture with Singapore-based asset management firm SAIML Pte. Restricted to the purchase of ready-to-rent holiday homes. reAlpha also secured a $200 million financing facility from Churchill Real Estate to fuel acquisition growth and announced a partnership with RARE Treehouse Resorts to jointly develop a unique treehouse resort in the United States.

About reAlpha

reAlpha is building a digital property investment platform that will enable its members to simplify wealth-building opportunities through vacation home investments while delivering exceptional guest experiences. reAlpha sources and values ​​real estate in the wholesale market using a proprietary AI-driven algorithm called reAlphaBRAIN. It then forecasts each property’s profitability for the short-term rental market, as well as the projected long-term value. reAlpha’s business plan is to eventually allow investors to purchase equity in certain properties, providing opportunities for short-term passive income generation via Airbnb as well as equity-driven capital appreciation. reAlpha is based in Dublin, Ohio. Visit www.realpha.com for more information.

About GEM

Global Emerging Markets (“GEM”) is a $3.4 billion alternative investment group with offices in Paris, New York and Nassau, Bahamas. GEM manages a variety of investment vehicles with a focus on emerging markets and has completed over 570 transactions in 72 countries. Each investment vehicle has a different level of operational control, risk-adjusted return and liquidity profile. The family of funds and investment vehicles offers GEM and its partners exposure to: small-mid cap management buyouts, private public equity investments and select venture investments. For more information: https://www.gemny.com.

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