London, 07.04.2022 Shojin’s real estate partner, an FCA-regulated online real estate investment platform, raised its first £ 3 million tranche through a global pool of investors with a £ 49 million corporate valuation. After demonstrating substantial growth over the past 12 months, Shojin has just launched the next funding tranche to raise an additional £ 2 million at a valuation of £ 55 million.
This increase comes alongside a £ 5 million underwriting structure provided by a London-based family office with a provision to increase it to £ 10 million, which effectively guarantees funding for mid-range real estate investment opportunities before they become active for investors.
Having focused solely on the UK property market until the recent close of its first non-UK property investment in Malaysia, the increase will be used to grow Shojin’s operations team with new hires in deal building, marketing, technology and in risk management while growing expansion plans globally. The further £ 2 million corporate increase will be invested primarily in the company’s data-driven marketing campaigns as Shojin aims for new investment opportunities around the world.
Shojin operates in the online real estate investment market which is expected to grow from $ 15 billion in 2021 to $ 800 billion by 2027. The company was created to make it simple and affordable to invest in mid-range real estate developments through co-investment by providing it time to developers a consistent strategy and reliable source of junior funding. Typically, such institutional-level real estate deals are only accessible to the richest 1% of the world’s population, who control 45% of global wealth. Shojin allows smart investors from over 40 countries to access this market from as little as £ 5,000. To date, Shojin has raised over £ 38 million across 30 projects.
Jatin Ondhia, CEO, Shojin Property Partners, said: “As a company, we are at a very exciting tipping point. Having made our first investment outside of the UK and with substantial resources in place, we are ready to begin our scale-up journey. One of the challenges facing ‘conceptual’ startups in the UK is that investors continue to undervalue high-potential assets, insisting on profitability which in turn can halt growth potential. Thankfully, Shojin is already a profitable business which is why we have decided to hire for growth by earmarking £ 1.7 million of the business increase for direct response digital marketing as we continue our growth. ‘
Shojin is an FCA regulated online real estate investment firm that lowers the barriers to entry for people around the world looking to access UK institutional grade real estate investment opportunities. Operating in an online real estate investment market that is expected to grow from $ 15 billion in 2021 to $ 800 billion by 2027, Shojin’s platform is designed to make real estate investing accessible, simple and affordable. Initially aimed at working professionals, the platform allows for fractional investments in real estate developments, focusing primarily on residential housing projects, PRS (private sector for rent), seniors and students. The company invests its capital in each project and shares the profits at the end, creating a perfect alignment of interests with the investors.
Shojin Property Partners secures £ 3 million Series A investment – UK technology investment news
Source link Shojin Property Partners secures £ 3 million Series A investment – UK technology investment news