Shojin and Reinvest24 unveil “strategic partnership”
European peer-to-peer lending platform Reinvest24 has announced a new strategic partnership with UK-based P2P property lender Shojin Property Partners.
Reinvest24, which has offices in Estonia, Germany, Spain and Moldova, said “Shojin’s unique investment approach involves conducting comprehensive due diligence, investing their own capital into projects, providing end-to-end oversight, and sharing profits instead of imposing significant upfront fees.
“This methodology ensures a perfect alignment of interests and represents a significant advancement over traditional private equity investment models.”
The partnership with Shojin will allow Reinvest24 to enter the UK market, the firm said, and “bring institutional-grade real estate investment opportunities to our investors”.
“Shojin is a local regulated market participant who has extensive track record for originating and successfully completing real estate investment projects in the UK market,” it added.
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Reinvest24 said that the businesses have already enjoyed over two years of collaboration through their mutual participation in the Association of Real Estate Investment Platforms (AREIP), a global trade body representing property investment firms.
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No further details were given about the strategic partnership.
Shojin has been contacted for comment.
In the July issue of the magazine, Peer2Peer Finance News revealed that Shojin is in talks with private equity firms about a new fund for junior lending.
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