Whether or not you agree that real estate should be viewed as an asset class, as apposed to simply a much needed way for everyone to put a roof over their head, there’s no doubt that the sheer expense of investing in property creates incredibly high barriers to entry. Home buyers often talk about the difficulty of ‘getting a foot on the property ladder’, and investing in real estate for rental is no different.
Enter Property Partner, a London-based startup that lets anybody invest in the ‘buy to let’ market (as it’s called here in the UK) starting from as little as £50. Today the company is disclosing new backing to help expand across the UK and beyond: a £5.2 million Series A round led by Index Ventures. Existing investors, including Octopus Ventures, Seedcamp, and Ed Wray (co-founder of Betfair) also participated.
Launched in January 2015, Property Partner…
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