Commercial property is big business in the UK, with over £50bn worth of transactions expected this year, and private investors are now able to invest in the sector through a game-changing proptech platform.
Property stock exchange Property Partner is about to start offering non-institutional, individual investors the opportunity to purchase shares directly in commercial space in the UK after it has created the first platform of its kind to allow this option.
Investors will be able to target individual assets and sub-sectors, and will be able to both buy and sell shares. At present, the market is dominated by institutional investors, with just 7% of commercial property backers being individuals, and the platform could be set to change this by making it more accessible and straightforward for everyone to invest.
Daniel Gandesha, CEO and founder of Property Partner, said: “We started by revolutionising access to the residential property market. Now, it’s also clear to us that not enough people can access investments in commercial property in the way they’d like. We’re making it much easier for investors to access the attractive returns on offer in commercial property.”
Diversifying portfolios through commercial
Investors looking for alternatives to residential and buy-to-let property will be able to diversify their portfolios into a different asset class as well as different locations. While many portfolio landlords might be thinking about moving some of their assets out of the capital towards the higher yielding areas of the UK such as the north, they could keep their interests in London by investing in commercial property.
Xavier Pullen, former joint founder and board director at Capital & Regional PLC, who will be leading Property Partner’s new commercial department, said: “Commercial property offers a strong and reliable yield over the long-term, which will remain particularly attractive in the current low interest rate environment.
“We will target higher average yields than the major funds, along with the freedom to handpick your investments and list for sale whenever you like.”
Find out more about the latest proptech trends.
