BrickVest reports half-yearly results for BrickVest Select, its B2B investment platform
News , Press release | March 26, 2019
BrickVest, the London-based online commercial real estate investment platform, today announces half-yearly results for BrickVest Select, its exclusive B2B marketplace providing ultra-high-net-worth investors, family offices and institutional investors access to institutional-grade deals of between £5 million and £300 million.
BrickVest Select has listed 39 deals in Europe, the US and the Middle East worth over €3.2 billion of which €1.9 billion was available for investment through the platform. To date, successful listed deals have taken an average of four to six weeks to reach a final closing. Reflecting its fast-growing appeal, BrickVest Select has so far attracted over 200 investors and driven interest from more than 850 real estate companies –
Thomas Schneider, CIO and co-founder at BrickVest, commented: “In just six months BrickVest Select has fully shown its ability to connect the best real estate deal sponsors with institutional capital through a fully regulated online investment platform. BrickVest Select has rapidly grown into a dynamic marketplace with new deal opportunities introduced every week. These are proving to be highly popular among investors looking to build larger, more diversified portfolios.
_“Since launch, we have also made our offer terms more flexible so that investors can opt to transact up to 100% of a deal or invest via a BrickVest managed AIF. We look forward to welcoming new investors and sponsors over the coming months as the platform continues to gain traction in the market._”
BrickVest Select currently has 26 offerings available, representing more than €2 billion value.