European investment platform, Estateguru has announced the launch of its services in the UK while opening an office in Manchester.
Estateguru is based in Estonia but has long operated across Europe including Germany, Spain, Portugal, Finland, and, of course, Estonia. The company is known for offering investors the opportunity to participate in property-backed loans generating outsized risk-adjusted returns. To date, Estateguru has reportedly funded over €500 million in loans to over 3,000 business plans and projects across Continental Europe The company has a mission of becoming the largest real estate investment platform in Europe by 2025.
EstateGuru stated that it plans to start facilitating loans once it has received FCA approval. Once approved, the investment platform will facilitate property-backed loans for SMEs and present investment opportunities for both retail and institutional investors.
Estateguru Marketplace Limited states that it will begin its operations in Manchester, funding property and development projects across the North West region before expanding its services across the country, with a London office forthcoming.
Ross Gandy, Managing Director of Estateguru Marketplace Ltd, commented on the announcement:
“Estateguru Group has an outstanding track record across Europe and one I am confident we can replicate here in the UK. Our offering is two-fold – not only do we offer an accessible route into real estate for retail investors, and a reliable source of investment for large institutions, but our ability to provide competitive alternative finance options to SME borrowers is absolutely crucial in supporting innovative development projects that ultimately have a positive impact on the region and the local people.”
Marek Pärtel, co-founder and Chairman of Estateguru Group, said they have seen the demand grow for financing throughout Europe, especially from SMEs looking for “professional, reliable financing partners with expertise in the sector.”
“As such, Estateguru Marketplace Limited office opening in the UK market has came at a perfect time and is another huge step towards reaching Estateguru Group mission to becoming the largest real estate investment platform in Europe by 2025. We are excited to see the difference that Estateguru Marketplace Limited can make to the UK property and investment spaces.”