The first project done with the property developers Propio is now completed and all the drowd investors have been reimbursed with a yield of 18 percent over eight months, which corresponds to an annual yield of 27 percent.
A total of MSEK 5,5 was raised from 70 investors.
“We could only dream of crowd funding getting such a positive response on the conservative real estate market in just a year” says Jonas Björkman, CEO at Tessin.
Big Success for First Crowd Funding Project
Sweden —
Tessin, Scandinavia’s largest crowd funding platform for properties, has in recent years financed real estate projects with more than MSEK 30.
2015-06-18
Eddie Ekberg
[email protected]
All Nordics
Denmark
Finland
Norway