Swiss Crowd Launch to be Followed by Italy Crowd Real Estate Site
Founded by Swiss Crowd President Augusto Vecchi, he explained his vision for Swiss Crowd;
“Real estate crowdfunding will be successful [also] in the richest country in the world. In the case Swiss people are not interested in financing the projects, there will be international financiers interested in the European Real Estate market participating.”
Vecchi shared his next steps in building his platform, including a site for the Italian real estate market;
“We will launch italy-crowd.com next week, the first real estate crowdfunding platform for the Italian market only. For full security and transparency of the procedure, the platform will be managed by the Swiss Company ABACUS INTERNATIONAL SA.”
“In order to let the process of development of Swiss Crowd grow faster, we are looking for some capital partners. Maybe a US company (leader in the real estate crowdfunding) which contacted us recently, will be our partner so that we will have an office in USA and they will have one in Europe.”
Real estate crowdfunding is one of the fastest growing segments in the crowdfunding landscape. Both debt and equity platforms have found success in various markets around the world. Investors are attracted to a higher rate of return on a hard asset. Previously these types of investment opportunities have only been available to a very elite few.