BRICKVEST CLOSES £7M FUNDING ROUND

Oct 10, 2017 · bqlive.co.uk

1507208878562.jpg  emmanuel lumineau

The raise is one of the largest series A funding rounds the UK’s proptech sector has ever seen.

The series A funding round was led by investor Berlin Hyp, the real estate finance provider to Germany’s largest banking group, the Savings Banks Finance Group.

Berlin Hyp has acquired a minority stake in the London-based online real estate investment platform, and the two firms have formed strategic partnership.

The unique partnership with Europe’s third largest real estate lender will enable BrickVest to grow its investor base, execute its ambitious business growth plan and rapidly expand the company’s deal catalogue.

Berlin Hyp’s partnership with BrickVest provides it with access to an online, AIFM regulated real estate investment platform and an investor base that has grown to more than 3,500 HNWs and family office assets worth around €11bn.

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