Got $635? You Can Buy a Share in a Student Accommodation Complex in the UK
Smartlands, a blockchain based platform, is making the sale through a Security Token Offering (STO)
Smartlands is a FCA registered UK company. It is a crowdfunding platform based on the Stellar network that uses blockchain technology for the issue of security tokens. Investors can buy tokenized shares in a student accommodation complex in Nottingham, UK.
An opportunity for retail investors
All you need is GBP 500, or its equivalent in any fiat currency or acceptable crypto-currency to buy a stake in a UK property, and rub shoulders with experienced asset managers and affluent property owners.
“The student complex in Nottingham is the first tokenized property in the UK, to be followed with new offerings of blockchain-based securities backed by assets in real estate and other markets,” says Smartlands VP of Technology, Ilya Obraztsov.
“We are using the blockchain technology to change investing in real estate by making the process more accessible, transparent and less costly for a wide circle of global investors.” – Smartlands website
Project details
The purpose-built student accommodation in Nottingham has a funding target of GBP 1,000,000. Annualized expected returns are 15.72%. Construction of the property completed in Q3 2018 and it is fully occupied for this academic year. Purpose Built Student Accommodation is traditionally a strong and stable investment and, in this case, provides both dividend income (over 6% expected per year) and capital growth.
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