Property Partner to expand in the UK and ‘beyond’

Property Partner to expand in the UK and ‘beyond’


Todays other news
A popular northern city has been named the UK property...
New data from Hamptons shows a massive rise in service...
The data has been produced by high end estate agency...
Even the likes of Croydon is now seeing prime-priced property...
The call has come from the British Property Federation...


Property crowdfunding website Property Partner has announced the completion of its own latest funding round, in which it secured investment of £15.9 million.

This takes the total amount invested in the company to over £22 million.

The website launched in January 2015 and has so far attracted over 6,000 investors, who have ploughed in more than £24 million across 166 properties.  

Property Partner says its mission is to make property investment available to all and it has received a timely boost after it became one of just a handful of European Fintech firms to successfully secure ‘Series B’ funding. 

The investment round is being led by Octopus Ventures, with participation from Index Ventures and Dawn Capital. 

The website, which currently launches one investment property per week, claims it’s already one of the most active buyers in the UK residential market. 

The platform allows investors to buy, trade and sell their shares and some £4.7 million of shares have already been traded.

Property Partner says it will use the latest funding to expand its team and product in the UK and beyond.

“This significant investment is a huge vote of confidence in our business model, and our vision for making the property market better for everyone,” says Dan Gandesha, Property Partner’s CEO.

“These funds will help propel us towards our ultimate goal – that of being a global stock exchange for property.” 

Jo Oliver, Investment Director at Octopus Ventures added: “The £5.75 trillion UK property market has been slow to embrace technology.” 

“However, this is now changing rapidly and Property Partner is one of the companies leading this disruption. Through its combination of technology, business model and excellent management execution Property Partner is dramatically increasing and improving the accessibility of property as an investment asset class.” 

Back in November, Property Partner announced the details of its first ‘higher-yielding’ investment, a block of 42 flats in Lincolnshire.

Just this week the UK Crowdfunding Association reported that there has been a surge of new property crowdfunding platforms, saying 14 of its 40 members are recently-established property-focused sites. 

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Property Investor Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
All regions seeing positive growth - but one leads the...
This index looks at an aggregate of the top four...
Prices and sales volumes will grow in 2025 despite the...
Spain’s draconian new tax is already spooking British investors...
The Budget has forced a revision of forecasts for the...
Prices and sales volumes will grow in 2025 despite the...
Recommended for you
Latest Features
A popular northern city has been named the UK property...
New data from Hamptons shows a massive rise in service...
The data has been produced by high end estate agency...
Sponsored Content
As the property industry shifts towards sustainable practices, Inspired Property...
Are you concerned about rising interest rates and their potential...
In the ever-evolving landscape of property investment, staying ahead of...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.

No one likes pop-ups ...
But while you're here