Fintech start-up MetaWealth has partnered with One United Properties in a €20-million framework agreement for rental apartments. In the first phase, MetaWealth will list on its platform 31 apartments developed in One Lake District, which have a total estimated investment value of €5.5 million. The fintech said that two more assets will be listed in the following 12 months.
The startup allows users to invest in fractions of real estate assets and to obtain profit both from recurring rental income and from asset appreciation.
“As part of our development strategy, we are embracing emerging technologies to further diversify our pool of buyers and investors,” said Victor Căpitanu, Co-Founder and Co-CEO of One United Properties.
Michael Topolinski, MetaWealth Co-Founder and Chairman, added that the partnership validates the startup’s tokenization model that has been implemented in the past year.
At present, the fintech platform is exploring new investment opportunities, focusing on premium real estate assets valued between $4 million and $10 million in markets such as Spain, Greece, and Italy.
