Funds invested through Brickowner's services offering partnerships with property developers who offer experience, impressive track records, and more, provides investors with secure asset-backed investments from a spectrum of real estate sectors. The property investment firm's services have helped close deals for investors throughout 2018 and 2019.
Brickowner’s CEO Fredrick Bristol said, “Many people are familiar with the idea of homes as investments, but property as an investable asset class has for too long been unavailable to smaller investors.
“Using technology, we give investors efficient access to investments that were previously only available via institutions, creating new opportunities for investors and a new source of funding for property developers and asset managers.”
Property developers can offer better services to their existing investors with the help of technology. Brickowner's crowd investors can find investment opportunities through its platform. In both instances, fintech solves real problems through the technology created specifically for the sector. With this technology, processes are accomplished more easily and efficiently by overcoming the outdated investment methods that are nothing more than a burden onto property developers and investors, nowadays.
“In the past, too much of investors’ money went into covering the costs of middlemen, such as IFAs, banks and brokers. Brickowner’s tech disintermediates the investor process. This gives us a fundamental cost advantage, allowing higher returns for investors and lower costs for property managers," Bristol continues.
Brickowner's platform has also completed two successful investments that are meeting projected returns.
“The Brickowner platform can support a full range of property sectors, including residential, commercial, hotels, industrial, and even a cemetery investment project. This allows investors to have greater diversification across their portfolios.”
The lowering of returns on the buy-to-let because of new and growing regulations, and flat or decreasing real estate prices in parts of the UK, Bristol explains that, “investors have recognized the UK’s growing demand for currently undersupplied quality housing. This has made asset-backed property development and loan investments resilient to Brexit uncertainty and has ensured that good returns can still be met.”
Brickowner has plans to raise further equity for its company and launch a number of new products, including a secondary market and a newly redesigned website.