“Property Partner” new crowd funding property platform
Property Partner only fully lauched this January and it is just days ago the Crowd Funding property business attracted a further £5.2m of Investment, Founder and CEO Daniel Gandesha says it will be a “stock exchange” for property assets, Gandesha also goes on to say, it will give smaller backers the chance to invest sums as small as £50 in buy-to-let properties listed on the website.
Property Partner has already received backing from the likes of Betfair co-founder Ed Wray and private equity veteran Jon Moulton in a £1.25m funding round led by venture capital arm Octopus Investments last year, Octopus were involved in previously backing Zoopla. The most recent investment is led by Index Ventures one of Britain’s best known venture capital companies, in the past they have backed the likes of Asos, Funding Circle and Transferwise, the co-founder Neil Rimer will be joining the board as will Ed Wray.
The website currently lists properties in London and the South-East of England. The properties are selected by Director of Property, Robert Weaver, RBS’ former Global Director of Residential Investment, who previously ran a £500m residential property fund. Daniel Gandesha appears on video on the website where he explains the concept and how the idea was born, and says ” But we’re at the beginning of our journey” I will be watching with interest over the coming months and will be keen to see how it evolves. The website is active and as of today’s post 7 properties are listed, www.Propertypartner.co
You May Also Enjoy
London rents outperform property values
Rental property availability falls
Average advertised rents surpass £1,400 for the first time
Barclays unlocks wider mortgage access for company directors
Homebuyer demand fall in Q3
