Shojin Property Partners is planning to launch two more international offices over the next five months and is considering offering other alternative investments to its growing investor base.
Founder and chief executive Jatin Ondhia (pictured) said office launches were planned in India and the Middle East by the end of the year, potentially followed by mainland Europe in 2022.
The property investment platform currently has offices in the UK, Kenya and Hong Kong, which helps to service its international customer base. Investment is inbound to the UK, where the platform focuses on junior property development debt and equity.
Ondhia also pointed to early-stage plans to expand into international real estate development markets.
“We are seeing a less established financial system for real estate development in other countries and that creates a lot of opportunity,” he told Peer2Peer Finance News.
In addition, the business is open to offering other alternative investments via its platform, but Ondhia said no decision had yet been reached on a specific sector.
“If we see a good opportunity for our investors in another sector, it is something we would explore with the right partners,” he said.
His comments follow a strong 18 months for Shojin, in spite of the pandemic. Last year, the company swung into the black with a £234,000 profit on revenues of close to £1m.
Although 2020 was a quieter year for deals, the chief executive said things are now picking up.
“It is only since March of this year that we have started to see serious deals come to the table, where the numbers stack up and the risks are fairly low or well-contained – ones we feel comfortable backing,” he said. “A lot of those are in our pipeline at the moment. We are expecting a bumper year.”