We're excited to announce that Lend's inaugural tokenized real estate operation is officially launching on January 26, 2026.
After months of building, testing, and preparing, we're ready to offer our community access to institutional-grade real estate yields starting with a data center in Saint-Herblain, France.
You can now review full documentation and financial breakdowns here: https://app.lend.xyz/operation/datacenter-facility-saint-herblain
Lend’s first operation
Total operation size: €500,000, approximately 580,000 USDC
Minimum participation: 10 USDC
Launch date: Monday January 26th at 14:00 UTC
Asset: Data center (commercial property)
Location: Saint-Herblain, Nantes Metropolitan Area
APR: 9% fixed, renewable annually
Minimum Investment: 10 USDC
This is a fully operational data center that's been generating consistent revenue since 2008, leased to the same commercial tenant for over 15 years.
The tenant has just signed a new 9-year lease, effective in 2024, which locks in €600,000 in annual rent.
👉🏻 Roadmap:
Early User Launch
01/26 · 2pm UTC
Early user can access Mainnet 1h earlier
Mainnet Launch
01/26 · 3pm UTC
Operations officially start on Lend for everyone
Lend Points go live
01/26 · 2pm UTC
Start earning points from day one by investing in the first tokenized deal
Point bonus distributed
01/28 · 2pm UTC
Distribution of the bonus points
First USDC distribution
02/04/26
Yield paid directly to investors from the first interest payment
Secondary market opens
Late Q1
Trade your real estate tokens
The underlying asset
The financed asset is a commercial data center located in Saint Herblain, within the Nantes metropolitan area.
The site has been fully operational since 2008.
It has been occupied by the same tenant for more than 15 years.
A new commercial lease signed in 2024 secures occupancy for 9 additional years, with indexed rent and long term visibility.
The building includes 3,124 m² of operational space and 47 parking spaces.
Annual rent currently amounts to €600,000.
The underlying property value is estimated at approximately €5.5M.
The asset is located near Nantes, in a dynamic economic area benefiting from a strong technology ecosystem and sustained demand for digital infrastructure.
Investment structure
This operation is a fixed income bond investment offering a 9% annual yield, fully predefined and contractual.
Up to €500,000, approximately 580,000 USDC, will be invested in a bond issued by the asset owning company, SAS Isabelle.
In this context, Lend benefits from a conventional mortgage on the data center, up to the invested amount, including interest.
The return does not depend on the operational performance of the building.
It depends on the proper execution of the underlying bond.
The bonds are issued as tokenized financial securities.
Subscriptions and repayments are made in USDC.
Key terms
Fundraising target: Up to €500,000
Annual yield: 9% fixed
Initial duration: 1 year
Renewal: Possible annually up to 5 years, subject to approval by SAS Isabelle and then by investors
Payout frequency: Weekly
Instrument: Tokenized bonds, security tokens
Funding date: 01/26/2026
First income distribution: 02/04/2026
Structure: Tokenized bonds secured by a 12.5% first-rank mortgage (€687,500 in collateral)
Fees: Fully transparent. Lend charges €32,500 (paid by the property owner, not you). No hidden management fees, no acquisition costs, no "performance fees" eating into your returns.
Fully Regulated, Fully Onchain
All operations on Lend is compliant:
- AMF-regulated structure in France
- Registered securities (tokenized bonds)
- Legal documentation available to all investors
This is what proper tokenized real estate looks like.