Property Partner has announced a ‘strategic partnership’ with GAMA Property that aims to give investors the chance to access returns from a larger range of properties across the UK.
Before now, all properties available on Property Partner – an online property stock exchange platform launched in January 2015 - were sourced, acquired and managed by the platform’s in-house property team. Now, though, after partnering with GAMA – a developer of luxury properties in prime London locations – Property Partner will be able offer investors the opportunity to invest in property sourced and managed by a third party for the first time.
The first investment opportunity, now available on Property Partner’s platform, provides investors with an expected yield of 5.00% after all fees and costs are taken into account.
“This is the first time that we have offered our investors the opportunity to invest into properties sourced and managed by a third-party and we are excited by the complementary nature of GAMA’s properties,” Rob Weaver, Property Partner’s director of property, said.
“GAMA share a similar property acquisition philosophy and strategy, but acquire new-build properties during the development process. This will not just add to the number of investment opportunities on our platform, but will also offer clients even more diversification.”
Ori Mazin, GAMA’s chief executive, said the firm were delighted by the opportunity to provide a ‘combined and unique offering to investors’.
He added that Property Partner and GAMA Property share the same vision of the future in real estate investment.
“We believe that real estate investors should be able to invest in opportunities that will provide them with a strong yield, and at the same time be able to trade their holdings on a marketplace,” he concluded.