Exporo

Last updated
Exporo AG
Company typeEquity based Crowdfunding
IndustryReal Estate
Founded2014 (2014) in Hamburg, Germany
FounderSimon Brunke
Dr. Björn Maronde
Julian Oertzen
Tim Bütecke
ServicesReal Estate Investments
Website exporo.de

Exporo is a real estate crowdfunding platform, based in Hamburg, Germany.

Contents

History

Simon Brunke, Björn Maronde, Tim Bütecke and Julian Oertzen founded the online platform in 2014, have continuously developed it further and are members of the Executive Board of Exporo AG. The company now has over 190 employees and is based in Hamburg's HafenCity. [1] It had a funding volume of over 9 million Euros in August 2015. In December 2014, the company launched their online platform. In October 2017 with 61 million euro annual investments it occupied 60% of the German real estate crowdfunding market. [2]

In January 2018, Exporo was the first crowdinvesting platform to launch a bond for its real estate project "Mitten in Hannover". The investment object consists of four existing buildings with 54 apartments and five commercial units in a central location in the state capital of Lower Saxony. The properties are held and managed by an Exporo subsidiary. Half of the financing is provided by investors and half by a bank loan. [3]

In June 2019, Exporo received a 43 million euros funding by German and international venture capital investors. About half of the sum was invested by Partech, a globally active VC specialist, which holds stakes in Auxmoney and Acatus, among others. In addition, the former shareholders Eventures, Holtzbrinck Ventures and Heartcore also participated in the funding. [4]

Internationalization

In August 2018, Exporo was offering its investors a real estate investment in other European countries. The project "Wohnen im 5. Bezirk" is located in the Margareten district of Vienna. Exporo investors financed EUR 1,690,000 with a fixed interest rate of 5.5% p.a. and a minimum term of approximately 16 months. [5]

After successfully completing its financing round mid 2019, Exporo is since looking to further expand to other foreign countries, mainly targeting the French [6] [7] and Dutch markets. [8] [9] In October 2019, the exporo.nl platform was launched on the Dutch market. The French site exporo.fr was opened in March 2020. The model chosen internationally will be that of crowdinvesting, not crowdfunding. This means that individuals will have the possibility of acquiring bonds from already existing buildings and will receive payments from rental income every three months.

Platform

Exporo was purposely built to serve self-directed investors instead of institutional ones. [10] It offers investors an overview of real estate projects in which they can invest using their digital platform. Private investors benefit from two complementary product categories:

  1. On the one hand, they can participate in high-yield real estate projects at short notice and at a fixed interest rate via Exporo Financing. [11]
  2. On the other hand, investors can participate directly in selected portfolio properties via Exporo Equity by receiving quarterly distributions from the rent surpluses and additionally participating in the real estate value. [12]

Feldbrunnenstraße

In April 2015, after 14 weeks of crowdfunding, their project “Feldbrunnenstraße” achieved the second-biggest real estate crowdfunding in Europe at the time with 2.1 Million Euros crowdfunding volume by 440 investors. [13]

Portfolio Marburg and Portfolio Marburg II

In November 2019 the real estate developer of the projects Portfolio Marburg and Portfolio Marburg II filed for bankruptcy. Approximately 4 million Euros were invested in the two projects. The platform exporo had ranked the projects with A and B respectively (on a scale from AA to F). [14]

Risks

Crowd-investors warn of the high default risks involved in crowdfunded loans. [15]

Related Research Articles

<span class="mw-page-title-main">Deutsche Vermögensberatung</span>

Deutsche Vermögensberatung (DVAG), which loosely translates into English as "German wealth advisors", is a company based in Frankfurt, Germany. The DVAG is active in Germany, Austria and Switzerland. Founded in 1975 by Reinfried Pohl, the company is managed by Deutsche Vermögensberatung Holding and is Germany’s largest stand-alone financial services distributor.

A series A is the name typically given to a company's first significant round of venture capital financing. It can be followed by the word round, investment or financing. The name refers to the class of preferred stock sold to investors in exchange for their investment. It is usually the first series of stock after the common stock and common stock options issued to company founders, employees, friends and family and angel investors.

<span class="mw-page-title-main">Engel & Völkers</span> German real estate company

Engel & Völkers is a German company that provides services related to real estate transactions.

<span class="mw-page-title-main">High-Tech Gründerfonds</span> Venture capital investment firm in Germany

The High-Tech Gründerfonds (HTGF) is a public-private venture capital investment firm based in Bonn, Germany. High-Tech Gründerfonds is an early stage seed investor, focused on high potential high-tech start-ups. The seed financing is provided to allow start-ups to take their ideas through the prototyping phase up to the market launch. Usually, High-Tech Gründerfonds invests about €600,000 in the seed stage and up to a total of €3 million per portfolio company in later rounds.

Berlin-based Innovestment GmbH is one of the first crowdfunding platforms to be established in Germany (2011). By the end of 2017, 40 projects had been successfully implemented and a total capital of EUR 8 million brokered. Since the realignment of the company in 2019, small and medium-sized companies can raise capital on innovestment.eu in an uncomplicated and transparent manner. From this Innovestment develops broadly diversified investment projects with fixed terms and interest rates for private and institutional investors. Projects come from the fields of sustainability, innovative growth project financing and entrepreneurship.

<span class="mw-page-title-main">Companisto</span> Equity-based crowdfunding website

Companisto is a German equity-based crowdfunding website. It allows investors to invest in startup companies. In return, they become shareholders and are entitled to a share of any profits, as well as potentially benefiting from an exit.

Invesdor is an international crowdfunding platform operated by several companies which make up the Invesdor Group. With headquarters in Berlin, Germany; Helsinki, Finland; Vienna, Austria and Amsterdam, the Netherlands, Invesdor is one of Europe’s largest crowdfunding platforms and operates as an intermediary between companies seeking investment and investors . Invesdor’s low investment threshold aims to empower small investors to invest via their platform. As of May 2023, Invesdor has been able to connect over 170,000 investors with projects they see the potential in, collecting €438 million in pledges from them. Financed projects include for example restaurants, medtech companies, and sustainable energy projects such as solar and windfarms.

AG Real Estate is a wholly owned subsidiary of AG Insurance (Ageas) and the largest real estate group in Belgium, headquartered in Brussels. AG Real Estate has a portfolio under management of over €6 billion that incorporates office buildings, shopping malls, logistics properties, residential properties and shares in real estate investment funds, both listed and unlisted.

Fundrise is a Washington, D.C.-based financial technology company founded in 2010 that operates an online investment platform. Fundrise has been labeled as the first company to successfully crowdfund investment into the real estate market.

Signa Holding GmbH is Austria's largest privately owned real estate company. Signa Holding GmbH announced insolvency proceedings at the end of November 2023. The company will apply for self-administration restructuring proceedings at the Commercial Court of Vienna.

Equity crowdfunding is the online offering of private company securities to a group of people for investment and therefore it is a part of the capital markets. Because equity crowdfunding involves investment into a commercial enterprise, it is often subject to securities and financial regulation. Equity crowdfunding is also referred to as crowdinvesting, investment crowdfunding, or crowd equity.

Crowdfunding is the practice of funding a project or venture by raising money from a large number of people, typically via the internet. Crowdfunding is a form of crowdsourcing and alternative finance. In 2015, over US$34 billion was raised worldwide by crowdfunding.

<span class="mw-page-title-main">Cadre (company)</span> American financial technology company

RealCadre LLC, commonly Cadre, is an American financial technology company that provides individuals and institutions direct access to real estate investment properties, including commercial properties based in New York. The business and financial press describe it as a platform that "makes the real estate market more like the stock market" by allowing investors to select the individual transactions in which they participate, while investing a smaller amount than would be required to fully fund a transaction. For example, 12 institutional investors participated in a $60 million office building purchase. The firm was named to Forbes' "FinTech50" for 7 years in a row starting in 2016. In 2019, Cadre was the cover story of the Forbes "FinTech 50" issue. In 2018, a partnership with Goldman Sachs was announced through which Goldman Sachs' private wealth clients committed at least $250 million (USD) real estate investments through Cadre. In 2020, Cadre announced its "Direct Access" fund intended to include smaller investors with a $400 million target raise. The company also offers a managed portfolio service and a real estate secondary market, as well as a cash holdings account called "Cadre Cash". The company has announced plans to address racial injustice in the United States by investing at least 10% of its Direct Access fund investments with minority-owned operators and increasing its cash held in black-owned banks.

Housers.com is a real estate crowdfunding company. It was founded on April 27, 2015, in Spain, by Alvaro Luna of Madrid and Tono Brusola of Valencia. Through its online platform, investors choose where, when, and how much to invest into Spanish real estate opportunities recommended by experts.

<span class="mw-page-title-main">Zinsland</span>

Zinsland is a crowdfunding platform for real estate investments. It was founded in 2014.

<span class="mw-page-title-main">BUX (brokerage)</span> Amsterdam-based financial services company

BUX is a European mobile brokerage company, based in Amsterdam and London. Retail investors buy shares, ETFs and cryptocurrency through the BUX app. BUX allows users CFD trading through its Stryk app and crypto trading using the BUX Crypto platform.

Republic is a global financial firm operating an enterprise-focused digital merchant bank and a network of retail-focused investment platforms. Backed by Morgan Stanley, Valor Equity Partners, Galaxy Interactive, Hashed, AngelList and other leading institutions, Republic boasts a portfolio of over 2,500 companies and a community of 3 million members from over 150 countries. More than $2.6 billion has been deployed through investment platforms, funds, and firms within the Republic family of companies. It is headquartered in New York City and has operations in the US, the UK, the EU, the UAE, South Korea, and Singapore.

Bergfürst AG is a German equity crowdfunding firm, financial services provider and former bank headquartered in Berlin, Germany.

Crowdfunding in Estonia is a rapidly growing sector that allows individuals and organisations to raise funds for various projects through online platforms. While crowdfunding in Estonia holds significant potential and is appealing to both investors and entrepreneurs, it requires a careful approach to project selection and a thorough understanding of the associated risks.

References

  1. ↑ AG, Exporo. "Lernen Sie das Exporo Team kennen" (in German). Retrieved 2018-09-17.
  2. ↑ Justin Wolff (2017-10-04). "Immo-Crowdinvesting: Exporo hängt Mitbewerber ab" (in German). Gründerszene.de. Retrieved 2017-10-22.
  3. ↑ "Crowdinvesting-Anbieter Exporo lanciert erste Anleihe" (in German). fondsprofessionell.de. 2018-11-01.
  4. ↑ Caspar Schlenk und Heinz-Roger Dohms (2019-06-14). "43 Millionen Euro für Crowdinvesting-Startup Exporo" (in German). Gründerszene.de.
  5. ↑ "Exporo Expandiert nach Österreich" (in German). 2018-08-09.
  6. ↑ "Digitale Geldanlage:Franzosen beteiligen sich an Exporo AG". Die Welt (in German). welt.de. 2019-06-17.
  7. ↑ "Exporo - Construisez votre épargne immobilière digitale". Exporo (in French). Retrieved 2020-06-19.
  8. ↑ "Exporo: kleinere vastgoedbelegging gat in Nederlandse markt" (in Dutch). vastgoedmarkt.nl. 2019-10-04.
  9. ↑ "Exporo wil beleggen in vastgoed ook voor de kleine belegger bereikbaar maken" (in Dutch). telegraaf.nl. 2019-12-06.
  10. ↑ "Mit Exporo einfach und direkt in Immobilien investieren" (in German). deutsche-startups.de. 19 November 2014.
  11. ↑ "Exporo Finanzierung" (in German).
  12. ↑ "Exporo Bestand" (in German).
  13. ↑ Second biggest Real Estate Crowdfunding in Europe
  14. ↑ "Nach dem Doppelschock: Wie geht es nun weiter bei Exporo?". 15 November 2019.
  15. ↑ "Sachwert-Ticker: Exporo-Projektpartner meldet für das "Portfolio Marburg" Insolvenz an". www.wallstreet-online.de (in German). 14 Nov 2019. Retrieved 14 Jan 2020.


This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.