Property Partner is a UK-based crowdfunding platform that provides the opportunity of investing in real estate with a low risk and fairly good returns. This is especially appealing to the young and tech savvy since about 30 percent of investors on the platform are still below 30 years old. This has been largely facilitated by technology, which is eliminating barriers that previously made property investing a reserve for high net worth individuals.
The company allows individuals to invest in property from as low as £50.
Two of the main hindrances of property ownership among young people are high prices and down payment sizes. Property Partner saw these demographics as an opportunity to create an investment platform that will lessen these impediments. The company allows individuals to invest in property from as low as £50. They have so far attracted up to 5,000 investors (64 percent have invested below £500) and raised at least £13.3 million for residential property investments. The company offers a secondary market for securities, and investors have received dividends totaling to about £90,000. The average annual returns on the platform are 13 percent.
Daniel Gandesha, founder and CEO of Property Partner, said that technology has made it possible for smaller investors, as well as young investors, to participate in real estate investing. This is gradually revolutionizing the property sector because the young and tech savvy individuals now have a chance to invest their savings in properties. Some young people are now investing, getting good returns and planning to purchase and own their homes at a very early age. The company is giving the young generation an opportunity to turn their dream of owning a home into reality.
The fastest ever property equity crowdfunding deal after raising £843,100 within 10 minutes 43 seconds.
Since its official launch in January 2015, the company has received backing from renowned venture capitalists such as Index Ventures, SeedCamp and Octopus Ventures. It claims a record of the fastest ever property equity crowdfunding deal after raising £843,100 within 10 minutes 43 seconds.