Real estate crowdfunding. one of the most popular sectors of online capital accumulation is gaining momentum in France, according to research work on Fundimmo.
While 2020 has been a tough year for all platforms, across the board, 2021 will be a year of steady returns for real estate platforms.
The report states that € 408.1 million was raised on real estate platforms in the first half of 2021. During the same period of 2019, 184 million euros were attracted, that is, more than doubled (an increase of 122%).
Accordingly, the amount returned to investors also increased from 76.6 million euros in 2020 to 114.2 million euros in 2021.
The average amount of funding per project in the first half of 2021 was 872,074 euros, compared with 803,570 euros a year earlier.
The authors state that the increase in project size indicates funding for larger projects.
Of the 468 projects financed in the first half of the year, housing construction dominated with a share of 76.6% of the volume.
The average investment per person was 2,888 euros – so little. On average, investors received a return of 9.2%.
Fundimmo researched 40 different platforms, but notes that this financial technology sector is largely dominated by three separate platforms, including Fundimmo, which accounts for half the volume.