We get a lot of questions from investors wondering when it will be possible to receive the interest on projects which are already completed and when the option to withdraw money from the account will be re-activated.
Starting to see black numbers again the first week of February, after the devastating results in January of this year. This week 91 € was added to my total return. This brings my total loss down to 2.802 €. It’s good to see the number is dropping but I still have a long way to go to get back to zero.
Since their beginning, Housers’ investors have placed more than 110 million euros in real estate projects in Spain, Italy, and Portugal, of which the developers have returned 38 million euros. It has been financed 265 projects with more than 110 million captured and has been completed up to 65 of them with an average yield of 9.22%.
EvoEstate is glad that after some time they are able to officially announce that their first funding round is now completed. The current funding round was led by Startup Wise Guys, Europe leading B2B accelerator and one of the largest investors in early-stage startups in Europe, Business Angels II Fund, a Vilnius-based fund, and business angels that with a lot of experience in real estate and asset management. Startup Wise Guys’ current Fintech 3 fund is run in cooperation with Swedbank.