Shojin partners with Germany’s LINUS Digital Finance
Shojin has partnered with German property investment firm LINUS Digital Finance, meaning that each company’s projects can be listed on the other’s platform.
The UK-based property investment platform said that it is aligned with LINUS in the ways they select projects, conduct due diligence and manage their co-investment model.
It is already listing one of LINUS’ projects on its platform, the Oakley Square development in Camden, London.
Reinvest24 is now listing some of Shojin’s projects on its own platform, connecting European investors with UK property investment opportunities.
In July, Reinvest24 listed Shojin’s Westbrook Mills project in Surrey on its site, raising the first tranche of funding in less than a week.
“We are delighted to be working with LINUS and Reinvest24,” said Jatin Ondhia (pictured), chief executive of Shojin.
“Fundamentally we all believe in democratising exciting, institutional-grade real estate investment opportunities through technology and the co-investment model.
“These partnerships demonstrate that the digital property investment sector is maturing, with collaborations between platforms helping to consolidate market opportunities. This in turn provides greater stability for investors, a greater variety of global opportunities, and greater liquidity by driving up the number of people participating in the market. We are excited to be driving this progress.”
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Lukas Endl, chief operating officer of LINUS, added: “LINUS is well known among private and institutional investors in Germany for its real estate expertise and market access. We are happy that in Shojin, we have found a like-minded partner in the UK with a strong track record that can help us grow outside our core market. The success of this initial investment opportunity highlights the strategic fit between the two platforms. We look forward to working with Shojin on a range of opportunities in the future.”
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