Brickowner launches secondary market
Brickowner has boosted the liquidity of its platform with the launch of a secondary market.
The platform has said that investors will be able to buy and sell shares in property investments on the new marketplace.
Shares listed on the secondary market can be bought and sold at their original price of £1 each.
Buyers can then benefit from any income from the date that the shares are bought, although this could also result in losses due to the nature of the investments.
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“Investors have traditionally found it hard to access property investments because of the high minimum investment,” said Fred Bristol, co-founder and chief executive of Brickowner.
“With Brickowner, you can invest in commercial and residential property for as little as £500. And with our secondary market, you can list those investments for sale before the end of the fixed term to other users and can buy into opportunities you might have previously missed.
“The pandemic has accelerated the adoption of online technologies in all sorts of fields, not least investing.
“The ability to trade property investments simply and affordably on your phone or laptop is an example of how our industry is adapting to the seismic changes we are all seeing. We believe our secondary market puts Brickowner at the forefront of that innovation.”
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