Property Partner Reports a 40% Return for Investors as Gains Tallied in First Property Sales

Real estate crowdfunding platform Property Partner is reporting gains of up to 43% for investors in two properties. The company says the sale of the properties are the first assets to be sold by Property Partner since it launched as a property investment platform in January 2015.

The first property, a one-bedroom flat located in Ilford, was purchased for £165,000 in March 2015 and has been sold for £235,000.

Investors who bought shares in the property when listed in February 2015 have realised a net total return of 43%. Property Partner states this is inclusive of monthly rental income generated, after fees and costs, for the duration of the investment.

The other property is a two-bedroom terrace house located in Greenwich. This home was purchased for £260,000 and has been sold for £326,000.

Investors who bought shares in the property when it first launched on the platform in June 2015 have realised a net total return of over 25%.

These are the first two properties which were crowdfunded on the platform that have completed a full cycle.

Of course, historic returns are no guarantee of future returns and every investor must be aware of intrinsic risk in any investment.

Marshall King, CEO of Property Partner, called the sale a landmark moment for his company:

“[This] vindicates our early property acquisition strategy, even in the face of challenging conditions in the London market. We’re really proud to have delivered double digit annual returns for our investors. Our more recent strategies have focused on higher yield residential and student blocks outside London and, as we move into 2019, we plan to continue delivering great returns and new opportunities for our investors.”

Property Partner says that over 12,800 people have invested in property through its site and the platform now has over £123 million in assets under management.


Have a crowdfunding offering you'd like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site!

Sponsored Links by DQ Promote

Send this to a friend