UpsideTown Marks Sixth Successful Exit with Strong Investor Returns

Real estate crowdfunding platform UpsideTown has announced that it has brought the number of exits it has completed to six out of a total of 16 funded projects.

The “Rubicone 42” campaign, the development and subdivision of properties in Rome’s prestigious Coppedè district, has been successfully completed, achieving its set performance objectives.

The performance of the Rubicon project

Investors who believed in the project received a gross return of between 14.73% and 21%, depending on the class of shares subscribed to during the campaign.

This result is the fruit of a rigorous process of analyzing the opportunities and the seriousness and competence of the proposers selected by the platform.

The project is part of UpsideTown’s strategy of proposing real estate transactions in prestigious areas of the capital, with enhancement and subdivision interventions.

According to UpsideTown, these projects are highly appreciated by investors due to their timeframes and lower risk profile compared to new development operations.

Six exits to date

Six real estate crowdfunding campaigns have been successfully concluded to date, all of which met their target returns: overall, approximately €5.4 million has been returned to investors, with an average annual gross ROI of 18.9%.

“This new exit testifies to the particularly dynamic phase that is affecting the Roman medium-high range real estate market, characterised by great interest in real estate crowdfunding operations – comments Luigi Ucci, CEO and Founder of UpsideTown.

The lively demand, combined with the solidity of the proposed initiatives and the attractiveness of the selected areas, – continues Ucci – demonstrates that this tool can represent a concrete profit opportunity for investors and a financing possibility for real estate developers with valuable projects .

Who is UpsideTown

UpsideTown is an independent fintech company that selects investment deals through crowdfunding.

The team has many years of experience in real estate finance and asset management and boasts among its corporate members the PRAXI SpA group, a historic Italian company that has been a point of reference for institutional real estate investors for decades.

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(Featured image by Aman Jhalani via Unsplash)

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