Zinsbaustein.de, a real estate crowdfunding marketplace, is expanding its model by offering a new real estate fund. In partnership with Primus Valor, the platform is offering an alternative investment fund (AIF), “ImmoChance Deutschland 10 Renovation Plus” (ICD 10 R +) that is said to focus on the acquisition of German residential real estate along with some commercial properties.
The ICD 10 R + is the fourth alternative investment fund from Primus Valor and holds an expected term of eight years. Investors may participate in the fund for €10,000.
Volker Wohlfarth, Managing Director of zinsbaustein.de, commented:
“We are delighted that we have been able to win Primus Valor as the first partner for the brokerage of closed AIFs via our platform. The “ImmoChance Deutschland 10 Renovation Plus” is the first mixed-risk, closed public AIF that can be fully digitally signed by our customers. Thus we are expanding the product portfolio on zinsbaustein.de in addition to crowd investment by funds and our customers can now participate entrepreneurially with all the opportunities and risks. “
Gordon Grundler, CEO of Primus Valor, said it was the first time his company had partnered with a digital investment platform. Grundler said they are convinced that zinsbaustein will be a very good distribution channel:
“We trust in the expertise of our partner zinsbaustein.de and look forward to working with them.”