KENSINGTON Crowd successfully launched
veröffentlicht am 04.09.2019 von
The newly launched real estate crowd investing platform KENSINGTON-CROWD.COM got off to a good start with the successful financing of the first project. The new construction project in Münsterland was successfully financed by 201 investors. ”Of course, we are pleased that we were able to finance the first project relatively quickly following the market launch of the new platform," stated the visibly satisfied Managing Director Jamal El Mallouki, who is also Chairman of the Crowdfunding Association in Germany. "We consciously decided on a smaller project to start off with, in order to gradually work our way up to larger projects online,” El Mallouki continues.
KENSINGTON Crowd GmbH, based in Frankfurt am Main, is a cooperative partner of KENSNGTON Family Office GmbH, which supports the platform in the acquisition of potential projects. "Of course, we were all very excited, as crowd investing is also a new area for our group of companies. It is therefore all the more pleasing that the start was so positive. We are already preparing the next projects and will present them to the platform shortly," says Björn Wolf, Head of Investments at KENSINGTON Family Office AG.
The legal guidelines for crowd financing are provided by the Asset Investment Act (VermAnlG).The crowd financing law established therein makes it possible for internet-based platforms such as the Kensington Crowd to efficiently broker financial assets, where projects up to 6 million euros can be financed. Such financial assets do not require an investment prospectus, which is otherwise required by law for investments and stocks.