Three successful campaigns in three months for the real estate crowdfunding portal Walliance. After the projects “Trento, via Grazioli” and “Florence, Nuovo Conventino” (both concluded with the achievement of the maximum expected collection), the end of March has now seen the successful conclusion of the project “Treviso, G Park”, whose target goal of $1.8 million (€1.5 million) was reached in a few hours and the maximum expected overfunding, equal to $2.4 million (€2 million), in the space of two days.
Read more on the subject and find the most important business news in the world with the Born2Invest mobile app,
Among the main features of the real estate project covered by the campaign there is the strong focus on sustainability
The property (which provides for the redevelopment of an ex-industrial area a few minutes from the center of Treviso, through the construction of two residential blocks for a total of 34 residential units of which 19 already subject to irrevocable offer of purchase) is in fact designed according to the standards of green building, which qualifies it in energy class A4 – the highest provided by law in force – ensuring, in addition to respect for the environment, the highest quality in terms of savings and energy performance. The entire structure will be surrounded by a tree-lined park, whose realization has involved landscape architects and specialists in the field.
The operation, promoted by the Treviso-based company Iniziative Genuine, foresees an overall forecasted gross ROI of 16.59% over a period of 18 months, corresponding to 11.06% on an annual basis; investors in the equity crowdfunding campaign will also receive a preferential settlement that guarantees priority in the distribution of profits and the return of invested capital.
This brings to $45.1 million (€38 million) the total amount raised by the Italian real estate equity crowdfunding platform in less than four years of activity, for a total of 27 projects launched (of which 5 have already been completed and have provided fully positive results by returning to investors the returns expected during the offer phase).
The “Treviso G Park” project also participates in the solidarity initiative launched last year by Walliance in partnership with Italia Nonprofit, the largest community in Italy for the Third Sector: every user who uses the equity and debt crowdfunding platform to invest in a real estate project, with a simple click has the opportunity to choose a non-profit organization among those selected, to which Walliance will donate 2‰ (two thousandths) of the investment made: a simple gesture that costs nothing to the investor, but that helps to support important social realities.
Walliance is an Italian company active in real estate crowdfunding founded in 2017 by the initiative of Giacomo and Gianluca Bertoldi, current CEO and Chief Project Office respectively. It was the first equity crowdfunding platform to have received authorization from Consob to raise venture capital for online real estate projects, and is currently positioned as a reality of reference for the market; its growth in the first four years of activity has brought it to a total of $45.1 million (€38 million) raised and 42,000 active users as of 31/03/2021.
DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.
This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.
First published in Crowdfunding buzz, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.
Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.
Vans Launches Hemp-Based Sneakers
Analyzing every detail necessary for the development of the product, Vans incorporated sustainability where possible. The unique piece carries a...
Which Are the Best Securities Accounts for Sustainable Active Funds
A total of 24 providers of custody accounts for active ESG funds were evaluated, three times receiving the grade "Very...
The Weekly Export Sales Report for Rice Showed Poor Demand
Rice was lower on Friday but higher for the week and sideways trends held together in response to the USDA...
Solana Price Forecast for July: Trading Volume on NFT Marketplace Magic Eden Increases
Most recently, Solana was used to develop Magic Eden, the fast-growing non-fungible token (NFT) marketplace. It has become a leading...
Dedalus Extends its Network in Spain with the Creation of a Digital Health ‘Hub’ in Barcelona
Currently, Dedalus has a presence in the UK and Ireland, Northern Europe, Austria, Switzerland, Spain, China, Brazil, Australia, New Zealand,...
Biotech2 weeks ago
Satellos Bioscience’s Stem Cell Signaling Research Could Turn the Tables on Muscular Dystrophies
Featured2 weeks ago
Ecopetrol Shares Led the Stock Market Decline, with a Drop of 11.92%
Biotech2 weeks ago
Biotech Startups Double their Innovative Capacity
Featured2 weeks ago
A History of Market Dips: Where’s the Market Headed?