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Peer2Peer Finance News | April 25, 2019

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International investors pile into UK property crowdfunding

International investors pile into UK property crowdfunding
Tim Evershed

THE WEAK pound is helping drive an increase in international investors accessing the UK property market via crowdfunding, says Shojin Property Partners.

The property crowdfunding platform revealed on Tuesday that it has seen a 52 per cent rise in overseas investors since launching its platform last year.

International investors now account for almost 43 per cent of its investor base, with most coming from the Far East, Middle East and East Africa.

“International investors have always considered the UK property market to be one of their top asset types, as it offers them a safe and secure investment,” said Jatin Ondhia, chief executive of Shojin Property Partners.

“London is particularly attractive to overseas investors now, thanks to falling property prices and great capital growth potential over the next 10 to 15 years.

“Property in the capital has always been a stable asset and we have seen a large spike in overseas investor demand for our development projects in London.”

Read more: Property IFISAs vs regular IFISAs

Shojin says that international investors are attracted by a combination of the weak pound and the hands-off investment that crowdfunding offers.

“We have recently launched new investment products featuring bridge loans, mezzanine loans and buy to let which will allow investors to spread their risk across the entire investment spectrum and diversify their property portfolios,” said Ondhia.

Read more: More millennials building property portfolios with crowdfunding

Shojin Property Partners has raised over £ 21.5m since launching in September 2017. It has attracted over a thousand customers including high-net-worth individuals, family offices and corporates.