Bricksdock: New financing platform launches

With the Bricksdock platform, a new digital player for real estate investments has entered the market. On the platform, which is being launched from Baar, professional and semi-professional investors can acquire shares in portfolios as well as individual existing properties and project developments. Bricksdock is also aimed at distribution partners such as private banks, asset managers and family offices. The acquisition of shares will be fully digital and automated using blockchain and smart contracts. The platform functions as a white-label solution and investments are based on the local currency of the respective real estate location. The founding initiators are CEO Nadja Hofmann, former CIO of the crowdfunding platform Exporo, the technology company Noumena Digital AG, represented by founder Vincent Peikert, and Vivian Strosek, founder of the investment and asset manager Feondor. Raymond Rüttimann, Global Head Real Estate at Credit Suisse Asset Management until 2022, completes the team as Senior Advisor. In addition to its role as a founding investor, Noumena provides the technological basis for Bricksdock with its "Smart Contract Platform". Several investors from the founders' network participated in the seed financing of CHF 1 million, which was completed within a few weeks.

"Anti-cyclical foundation"

"We offer the technology for fully digital club deals," says CEO Nadja Hofmann. "With Bricksdock, we are launching a market innovation for professional investors that responds to increasing cost pressure and the need for comprehensive platform solutions." To prove that the market for blockchain-supported real estate investments offers great potential, the company refers to a study by the German European Business School (EBS), according to which one in three institutional investors would like to make real estate investments via blockchain by 2025. "We see our anti-cyclical foundation in a currently low-transaction environment as a great opportunity to make real estate trading more efficient and cost-effective," Hoffmann continues.
Following initial pilot projects, Bricksdock's founders expect the platform to be fully established in the DACH region from 2025, providing foreign investors without knowledge of the local real estate markets with easy access to direct real estate investments. Strategic alliances are also planned in order to fully map the due diligence of real estate investments within the network and expand the existing technology offering. (aw)