British Pearl has big goals to reach in the next three years

January 22, 2020
Share this Post: 

British Pearl's goal is to grow its portfolio from £3 million to £300 million in the next three years as well as upping its international partnerships to boost its presence.

Property investment platform, British Pearl, which launched to the public in July 2018, has raised over £6 million in equity funding since inception and has invested more than £5 million into the business.

Founder and Chief Executive Ali Celiker told Peer2Peer Finance News that he is now focusing on scaling up the company, after the General Election removed some of the political uncertainty blighting the property market.

He said:

“Last year had its challenges due to Brexit and its impact on the property market, so we have strategized carefully about how to grow the business this year.

“This year our focus is on international partnerships and joint ventures to scale the business. We have incorporated a company in Hong Kong and are in talks with a conglomerate there, which has a large property portfolio in Hong Kong and mainland China.

“The partnership will enable Hong Kong investors to fund British Pearl projects in Hong Kong and also to access international investment opportunities.”

British Pearl is embarking on a separate joint venture in Europe and hopes to get the two partnerships established in the first half of the year.

Read more here

Property Portal Watch Bangkok Conference, 2020

January 22, 2020

Subscribe to our mailing list to get the famous, free Friday newsletter!

News and analysis to help build better online marketplace businesses, in your inbox, every Friday

Related News

Hemnet Vs Rea Group
Analysis: Hemnet Still Playing Catch-up to REA Group When It Comes to Vendor Paid Advertising

Vendor-paid markets are great for real estate portals. For more than a decade the leading Swedish player Hemnet has charged...

Read More
Ohmyhome Full Year Results Net Losses But Big Ambitions
OhMyHome 2023 Full-Year Results: Net Losses But Positive Outlook for Nasdaq-listed Marketplace

The Singapore-based publicly listed company OhMyHome has released its 2023 full-year financial results. Highlights include: Revenues totalled S$5.0 million (US$3.8...

Read More
Homely Financial Results
Australian Portal Homely Records 16% More Enquiries in 2023

Australian challenger portal Homely generated over 15.5 million enquiries in the 12 months from April 2023. Homely, which competes with...

Read More
Yandex Q1 Strong Performance From Divested Assets
Yandex Q1 2024: Net Losses for Remaining Assets After Large Scale Divestments

Yandex N.V., the Dutch holding company of the marketplace giant Yandex, has released its financial results for the first quarter...

Read More