CoAssets, Southeast Asia’s first real estate crowdfunding platform, held its second Expo for Property, Investing and Crowdfunding (EPIC) in Singapore this past week. Organizers state that attendance doubled over year prior as interest in real estate crowdfunding has soared. Over 900 attendees participated in the 2 day event that focused mainly on real estate investing but has broadened to incorporate topics like technology, blockchain and other areas of finance. CoAssets stated it is planning to host a number of EPIC events in other countries including Malaysia and Australia.
“We are very pleased that EPIC was a success, with the number and quality of delegates highlighting the curiosity and appetite people have for real estate crowdfunding.”
“Crowdfunding is still in its early stages but it is developing more and more in Asia-Pac, and we will continue to take an active leadership role in organising major networking events and being one of the key voices in the discussions around real estate and equity crowdfunding trends.”
“We will continue to use EPIC as an educational platform and significant part of our growth efforts.”
Property developer and conference attendee Robert Reyolds who built the Lai Thai Luxury Condominium in Krabi viewed the gathering as valuable event to attract investors who were interested in getting into the commercial real estate space.
CoAssets also stated that deal pipelin grew by an additional S$ 8 million following the event.
Since its launch in July 2013, CoAssets states it has facilitated S$ 37million in real estate investment with over S$45 million in deals forthcoming. CoAssets recently listed on the National Stock Exchange of Australia (NSX: CAX) becoming one of the first publicly traded crowdfunding platforms in the world.