12 Jan '17, 1pm

Crowdfunder CoAssets forms new real estate subsidiary (Jan-2017)

Getty Goh is the CEO at Singapore crowdfunding platform CoAssets. (Photo: CoAssets) As part of the company’s growth strategy, crowdfunding platform CoAssets has formed a fully-owned subsidiary called CoAssets Real Estate (Care), according to a filing with the Australian Stock Exchange (ASX). The Singapore startup’s newly incorporated unit will provide a range of property services, including marketing, sales, analysis and valuation. It will also provide companies with a channel to liquidate real estate assets that have been collateralised within Singapore and the region. “As a crowdfunding platform, user protection is one of our key focus. We are now looking at crowdfunding deals that are backed by assets as a way to protect our users amidst economic uncertainty. Given this move towards secured crowdfunding and our market position as a real estate crowdfunding platform, hav...

Full article: http://www.propertyguru.com.sg/property-management-news/2...

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