For the first time in Germany, the construction of an office building is being funded with the support of crowd investing
Through zinsbaustein.de, private investors can invest in the office complex “TechPark E17” in Erlangen-Tennenlohe.
- Fintech Start-up Zinsbaustein.de enables investments in office building
- Promising investment: Tenant for the building has already signed long-term contract
- Private investors can invest from as little as 500 Euro at an interest rate of 5.25%
Berlin, August 4th 2016.
At the tech hub Erlangen, private investors can invest into an office complex through crowd investing for the first time in Germany: In Erlangen-Tennenhöhe, the construction of the state-of-the-art, 9,900 square meter “Tech Park E17” will begin soon. Through the crowd investing platform zinsbaustein.de, the project receives funding by private investors, who can invest starting at 500 Euro.
The office building in Erlangen is the third construction project which is funded partly via zinsbaustein.de. Previously, private investors’ had successfully supported the development of real estate projects in Forchheim and Stein near Nuremberg. Both projects were funded at record speed through the crowd investing platform.
“Erlangen is a modern business location in high demand with a low vacancy rate of only 3.9 percent. Office space is almost as scarce as in Munich. Furthermore, the project developer has a proven track record and a long-term contract has been signed with the future tenant. This combination offers an interesting risk-return profile for investors”, says Steffen Harting, co-founder and managing director of zinsbaustein.de.
Attractive investment opportunity: 5.25% interest p.a. and short investment period
For the office complex in Erlangen, zinsbaustein.de will collect 1.25 million Euro mezzanine capital. The “TechPark E17” is initiated by the experienced project developer S&P Office Development, who, amongst other, has developed the headquarters of easyCredit/Teambank AG and Escada.
A long term lease for the building has been signed with an innovative technology company that focuses on virtual cockpits and employs more than 500 people. The company is a joint venture of two DAX listed corporations. Now, private investors have the chance to support the project with investments starting at 500 Euro, the targeted rate of return is at 5.25% with an investment period of 30 months. Construction will be finished by the end of 2018.
“In the past, projects of this quality and scope were not available for private investors. With zinsbaustein.de we change this and create transparency in real-estate investment”, elaborates Steffen Harting, “Our customers financed the last two projects in record speed and therefore, we think that the required capital for this project will be collected within a month.” Recently zinsbaustein.de has collected more than a million Euros for a senior care center in Stein near Nuremberg in less than ten days setting an industry record.
Experienced team of industry experts
Zinsbaustein.de´s management consists of Steffen Harting and Matthias Lissner, who possess many years of experience in the digital and real estate industries. The company´s advisory board consists of representatives of the two major shareholders S&P and FinLeap as well as Marc Stilke, prop-tech investor and former CEO of Immobilienscout, and lawyer Eric Romba, managing director of the bsi Bundesverband Sachwerte und Investmentvermögen e.V. Together the sontowski & partner group from Erlangen and the company builder FinLeap from Berlin form a strong basis for zinsbaustein.de in the real estate and the fintech industry alike. S&P possesses more than 30 years of experience in developing and financing real estate while FinLeap brings its know-how in creating digital business models to the table.
Zinsbaustein.de, the Berlin-based online-platform for real estate investments was founded in January 2016 by the sontowski & partner group and the FinLeap GmbH. The portal opens a broad range of investors access to asset classes traditionally reserved for semi-institutional or institutional investors. Additionally, real estate companies get a new access to capital for their projects. Since April 2016 zinsbaustein.de is the first TÜV-certificated digital-platform for real estate investments in Germany. The two companies behind zinsbaustein.de are established industry players pushing the start-up company with their respective expertise in the real estate and digital economy.