BrickVest, a London, UK-based online real estate investment platform, today announced the final close of its series A funding round with £7m.
The round was led by real estate lender Berlin Hyp, which acquired a minority stake in and formed a strategic partnership with BrickVest. The latest round of fundraising followed the company’s £2m first close in March 2017. Berlin Hyp may seek to extend their stake in BrickVest at a later date.
Led by Emmanuel Lumineau, CEO, BrickVest is an online real estate investment platform that directly connects investors with a wide variety of institutional grade real estate investment opportunities in a transparent way.
The partnership will enable the company to continue investing in its in-house technology and scaling its innovative platform, growing its investor base, executing its business growth plan and expanding its deal catalog.
Berlin Hyp’s partnership with BrickVest provides it with access to an online, AIFM regulated real estate investment platform and an investor base of more than 3,500 HNWs and family office assets worth around €11 billion.
As a result, Berlin Hyp will be able to advise its clients on a greater number of European real estate deals and to boost its offering across the equity, mezzanine and senior debt space.
FinSMEs
07/10/2017