Twino launches secondary market for real estate securities

Twino has launched a secondary market for its real estate securities.

The European peer-to-peer lending platform launched real estate securities last August, allowing investors to diversify their portfolios by funding short-term rental properties.

The product invests in the acquisition of a property that is or will be rented out, to generate rental income and capitalise on the appreciation of the property’s value in the long term.

Twino said that it has now developed a solution specifically designed to sell or buy real estate securities on the platform.

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Investors wishing to sell a portion or the entirety of their investment in rentals can specify the quantity of securities they wish to sell and the selling price per share, via their online account.

Meanwhile, investors wishing to buy real estate securities can browse through listings on the website and place a buy order. They need to specify the quantity of securities they wish to buy and the purchase price per share.

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Twino said that investors cannot have more than 10 active sell or buy orders within one security batch.

The platform’s system performs a daily matching process of buy and sell orders. If a match is found, the information is transferred to both parties. The voting shareholder then either approves the deal or uses its pre-emptive rights to buy the shares themselves.

Upon approval, the matched orders are then executed.