European investment platform launches in the UK

Estateguru, the property investment and financing platform enters the UK and plans to start facilitating loans once fully FCA approved.

Following final approval from the FCA, the technology firm will facilitate property-backed loans for SMEs and present investment opportunities for both retail and institutional investors looking to get a return on their capital through real estate and development projects.

Founded in Tallinn, Estonia in 2013 Estateguru has funded over €500 million in loans to 3,000 development projects and business plans across Europe. It hit the €100 million lending mark in 2019 and has grown exponentially since, breaking half a billion in loans in January this year. It will begin its operations in Manchester, funding property and development projects across the North West region before expanding its services across the country, with a London office in the pipeline.

Their aim is to become the largest property investment platform in Europe by 2025.

Marek Pärtel, Co-founder and Chairman of Estateguru Group, commented ‘Reaching the significant milestone of €500 million lent was the perfect way to start 2022, and set the tone for the year ahead. We have seen the demand for financing grow throughout Europe and especially from SME companies who are looking for professional, reliable financing partners with expertise in the sector. As such, the Estateguru office opening in the UK market has came at a perfect time and is another huge step towards reaching Estateguru Group mission to becoming the largest real estate investment platform in Europe by 2025’.

 

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